Civic Intelligence

Steel Cutters Inc.

Plan context: Steel Cutters Inc. 401(K) Retirement Plan

EIN 46-3245432 • Rockford, IL • 11 filings • 1 plans

2605 Huffman BlvdRockford, IL 61103
Current Snapshot

Latest Year

2023

2023 Participants

10

2023 Assets

$295,728

2023 Contributions

$7,789

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$490,606$245,303$0201320182023YearValue
$295,728Latest year 2023

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

1790201320182022YearValue
10Latest year 2022

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202310$295,728$0-
Steel Cutters Inc. 401(K) Retirement Plan-0$295,728$0-
2022110$292,010$7,789$779iApproximate average salary by contribution assumption: employee only about $19,473 at 4% or $12,982 at 6%; with 50% employer match about $12,982 at 4% or $8,654 at 6%; with 100% employer match about $9,736 at 4% or $6,491 at 6%.
Steel Cutters Inc. 401(K) Retirement Plan-10$292,010$7,789$779iApproximate average salary by contribution assumption: employee only about $19,473 at 4% or $12,982 at 6%; with 50% employer match about $12,982 at 4% or $8,654 at 6%; with 100% employer match about $9,736 at 4% or $6,491 at 6%.
2021111$490,606$15,748$1,432iApproximate average salary by contribution assumption: employee only about $35,791 at 4% or $23,861 at 6%; with 50% employer match about $23,861 at 4% or $15,907 at 6%; with 100% employer match about $17,895 at 4% or $11,930 at 6%.
Steel Cutters Inc. 401(K) Retirement Plan-11$490,606$15,748$1,432iApproximate average salary by contribution assumption: employee only about $35,791 at 4% or $23,861 at 6%; with 50% employer match about $23,861 at 4% or $15,907 at 6%; with 100% employer match about $17,895 at 4% or $11,930 at 6%.
2020111$435,476$15,865$1,442iApproximate average salary by contribution assumption: employee only about $36,057 at 4% or $24,038 at 6%; with 50% employer match about $24,038 at 4% or $16,025 at 6%; with 100% employer match about $18,028 at 4% or $12,019 at 6%.
Steel Cutters Inc. 401(K) Retirement Plan-11$435,476$15,865$1,442iApproximate average salary by contribution assumption: employee only about $36,057 at 4% or $24,038 at 6%; with 50% employer match about $24,038 at 4% or $16,025 at 6%; with 100% employer match about $18,028 at 4% or $12,019 at 6%.
2019112$386,474$17,679$1,473iApproximate average salary by contribution assumption: employee only about $36,831 at 4% or $24,554 at 6%; with 50% employer match about $24,554 at 4% or $16,369 at 6%; with 100% employer match about $18,416 at 4% or $12,277 at 6%.
Steel Cutters Inc. 401(K) Retirement Plan-12$386,474$17,679$1,473iApproximate average salary by contribution assumption: employee only about $36,831 at 4% or $24,554 at 6%; with 50% employer match about $24,554 at 4% or $16,369 at 6%; with 100% employer match about $18,416 at 4% or $12,277 at 6%.
2018112$325,195$19,987$1,666iApproximate average salary by contribution assumption: employee only about $41,640 at 4% or $27,760 at 6%; with 50% employer match about $27,760 at 4% or $18,506 at 6%; with 100% employer match about $20,820 at 4% or $13,880 at 6%.
Steel Cutters Inc. 401(K) Retirement Plan-12$325,195$19,987$1,666iApproximate average salary by contribution assumption: employee only about $41,640 at 4% or $27,760 at 6%; with 50% employer match about $27,760 at 4% or $18,506 at 6%; with 100% employer match about $20,820 at 4% or $13,880 at 6%.
2017115$353,278$26,592$1,773iApproximate average salary by contribution assumption: employee only about $44,320 at 4% or $29,547 at 6%; with 50% employer match about $29,547 at 4% or $19,698 at 6%; with 100% employer match about $22,160 at 4% or $14,773 at 6%.
Steel Cutters Inc. 401(K) Retirement Plan-15$353,278$26,592$1,773iApproximate average salary by contribution assumption: employee only about $44,320 at 4% or $29,547 at 6%; with 50% employer match about $29,547 at 4% or $19,698 at 6%; with 100% employer match about $22,160 at 4% or $14,773 at 6%.
2016116$296,644$25,651$1,603iApproximate average salary by contribution assumption: employee only about $40,080 at 4% or $26,720 at 6%; with 50% employer match about $26,720 at 4% or $17,813 at 6%; with 100% employer match about $20,040 at 4% or $13,360 at 6%.
Steel Cutters Inc. 401(K) Retirement Plan-16$296,644$25,651$1,603iApproximate average salary by contribution assumption: employee only about $40,080 at 4% or $26,720 at 6%; with 50% employer match about $26,720 at 4% or $17,813 at 6%; with 100% employer match about $20,040 at 4% or $13,360 at 6%.
2015117$268,594$29,291$1,723iApproximate average salary by contribution assumption: employee only about $43,075 at 4% or $28,717 at 6%; with 50% employer match about $28,717 at 4% or $19,144 at 6%; with 100% employer match about $21,538 at 4% or $14,358 at 6%.
Steel Cutters Inc. 401(K) Retirement Plan-17$268,594$29,291$1,723iApproximate average salary by contribution assumption: employee only about $43,075 at 4% or $28,717 at 6%; with 50% employer match about $28,717 at 4% or $19,144 at 6%; with 100% employer match about $21,538 at 4% or $14,358 at 6%.
2014116$253,024$24,388$1,524iApproximate average salary by contribution assumption: employee only about $38,106 at 4% or $25,404 at 6%; with 50% employer match about $25,404 at 4% or $16,936 at 6%; with 100% employer match about $19,053 at 4% or $12,702 at 6%.
Steel Cutters Inc. 401(K) Retirement Plan-16$253,024$24,388$1,524iApproximate average salary by contribution assumption: employee only about $38,106 at 4% or $25,404 at 6%; with 50% employer match about $25,404 at 4% or $16,936 at 6%; with 100% employer match about $19,053 at 4% or $12,702 at 6%.
2013114$266,323$26,754$1,911iApproximate average salary by contribution assumption: employee only about $47,775 at 4% or $31,850 at 6%; with 50% employer match about $31,850 at 4% or $21,233 at 6%; with 100% employer match about $23,888 at 4% or $15,925 at 6%.
Steel Cutters Inc. 401(K) Retirement Plan-14$266,323$26,754$1,911iApproximate average salary by contribution assumption: employee only about $47,775 at 4% or $31,850 at 6%; with 50% employer match about $31,850 at 4% or $21,233 at 6%; with 100% employer match about $23,888 at 4% or $15,925 at 6%.