Civic Intelligence

Tormach Inc.

Plan context: Tormach Employee Stock Ownership Plan

EIN 47-2571333 • Monona, WI • 21 filings • 3 plans

6580 Monona Dr., Suite #1014Monona, WI 53716
Current Snapshot

Latest Year

2024

2024 Participants

96

2024 Assets

$13,127,347

2024 Contributions

$1,468,320

Historical Graphs

Total Assets Over Time

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

$13,850,847$6,925,424$0201420192024YearValue
$13,127,347Latest year 2024

Participants Over Time

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

96480201420192024YearValue
96Latest year 2024

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
2024296$13,127,347$1,468,320$15,295iApproximate average salary by contribution assumption: employee only about $382,375 at 4% or $254,917 at 6%; with 50% employer match about $254,917 at 4% or $169,944 at 6%; with 100% employer match about $191,188 at 4% or $127,458 at 6%.
Tormach Employee Stock Ownership Plan-96$8,655,169$710,117$7,397iApproximate average salary by contribution assumption: employee only about $184,926 at 4% or $123,284 at 6%; with 50% employer match about $123,284 at 4% or $82,189 at 6%; with 100% employer match about $92,463 at 4% or $61,642 at 6%.
Tormach 401(K) Plan-54$4,472,178$758,203$14,041iApproximate average salary by contribution assumption: employee only about $351,020 at 4% or $234,013 at 6%; with 50% employer match about $234,013 at 4% or $156,009 at 6%; with 100% employer match about $175,510 at 4% or $117,007 at 6%.
2023268$13,850,847$1,150,866$16,925iApproximate average salary by contribution assumption: employee only about $423,113 at 4% or $282,075 at 6%; with 50% employer match about $282,075 at 4% or $188,050 at 6%; with 100% employer match about $211,556 at 4% or $141,038 at 6%.
Tormach Employee Stock Ownership Plan-68$10,325,117$495,651$7,289iApproximate average salary by contribution assumption: employee only about $182,225 at 4% or $121,483 at 6%; with 50% employer match about $121,483 at 4% or $80,989 at 6%; with 100% employer match about $91,112 at 4% or $60,742 at 6%.
Tormach 401(K) Plan-51$3,525,730$655,215$12,847iApproximate average salary by contribution assumption: employee only about $321,184 at 4% or $214,123 at 6%; with 50% employer match about $214,123 at 4% or $142,748 at 6%; with 100% employer match about $160,592 at 4% or $107,061 at 6%.
2022254$13,765,681$1,264,112$23,409iApproximate average salary by contribution assumption: employee only about $585,237 at 4% or $390,158 at 6%; with 50% employer match about $390,158 at 4% or $260,105 at 6%; with 100% employer match about $292,619 at 4% or $195,079 at 6%.
Tormach Employee Stock Ownership Plan-42$11,255,071$670,581$15,966iApproximate average salary by contribution assumption: employee only about $399,155 at 4% or $266,104 at 6%; with 50% employer match about $266,104 at 4% or $177,402 at 6%; with 100% employer match about $199,578 at 4% or $133,052 at 6%.
Tormach 401(K) Plan-54$2,510,610$593,531$10,991iApproximate average salary by contribution assumption: employee only about $274,783 at 4% or $183,189 at 6%; with 50% employer match about $183,189 at 4% or $122,126 at 6%; with 100% employer match about $137,391 at 4% or $91,594 at 6%.
2021256$10,957,387$969,729$17,317iApproximate average salary by contribution assumption: employee only about $432,915 at 4% or $288,610 at 6%; with 50% employer match about $288,610 at 4% or $192,407 at 6%; with 100% employer match about $216,457 at 4% or $144,305 at 6%.
Tormach Employee Stock Ownership Plan-40$8,612,500$535,047$13,376iApproximate average salary by contribution assumption: employee only about $334,404 at 4% or $222,936 at 6%; with 50% employer match about $222,936 at 4% or $148,624 at 6%; with 100% employer match about $167,202 at 4% or $111,468 at 6%.
Tormach 401(K) Plan-56$2,344,887$434,682$7,762iApproximate average salary by contribution assumption: employee only about $194,054 at 4% or $129,370 at 6%; with 50% employer match about $129,370 at 4% or $86,246 at 6%; with 100% employer match about $97,027 at 4% or $64,685 at 6%.
2020251$10,554,475$917,573$17,992iApproximate average salary by contribution assumption: employee only about $449,791 at 4% or $299,860 at 6%; with 50% employer match about $299,860 at 4% or $199,907 at 6%; with 100% employer match about $224,895 at 4% or $149,930 at 6%.
Tormach Employee Stock Ownership Plan-42$8,362,435$504,804$12,019iApproximate average salary by contribution assumption: employee only about $300,479 at 4% or $200,319 at 6%; with 50% employer match about $200,319 at 4% or $133,546 at 6%; with 100% employer match about $150,239 at 4% or $100,160 at 6%.
Tormach 401(K) Plan-51$2,192,040$412,769$8,094iApproximate average salary by contribution assumption: employee only about $202,338 at 4% or $134,892 at 6%; with 50% employer match about $134,892 at 4% or $89,928 at 6%; with 100% employer match about $101,169 at 4% or $67,446 at 6%.
2019242$9,904,161$976,314$23,246iApproximate average salary by contribution assumption: employee only about $581,139 at 4% or $387,426 at 6%; with 50% employer match about $387,426 at 4% or $258,284 at 6%; with 100% employer match about $290,570 at 4% or $193,713 at 6%.
Tormach Employee Stock Ownership Plan-41$8,257,219$620,413$15,132iApproximate average salary by contribution assumption: employee only about $378,301 at 4% or $252,200 at 6%; with 50% employer match about $252,200 at 4% or $168,134 at 6%; with 100% employer match about $189,150 at 4% or $126,100 at 6%.
Tormach 401(K) Plan-42$1,646,942$355,901$8,474iApproximate average salary by contribution assumption: employee only about $211,846 at 4% or $141,231 at 6%; with 50% employer match about $141,231 at 4% or $94,154 at 6%; with 100% employer match about $105,923 at 4% or $70,615 at 6%.
2018249$11,934,172$895,748$18,281iApproximate average salary by contribution assumption: employee only about $457,014 at 4% or $304,676 at 6%; with 50% employer match about $304,676 at 4% or $203,117 at 6%; with 100% employer match about $228,507 at 4% or $152,338 at 6%.
Tormach Employee Stock Ownership Plan-48$10,830,006$500,112$10,419iApproximate average salary by contribution assumption: employee only about $260,475 at 4% or $173,650 at 6%; with 50% employer match about $173,650 at 4% or $115,767 at 6%; with 100% employer match about $130,238 at 4% or $86,825 at 6%.
Tormach 401(K) Plan-49$1,104,166$395,636$8,074iApproximate average salary by contribution assumption: employee only about $201,855 at 4% or $134,570 at 6%; with 50% employer match about $134,570 at 4% or $89,713 at 6%; with 100% employer match about $100,928 at 4% or $67,285 at 6%.
2017250$12,058,816$757,133$15,143iApproximate average salary by contribution assumption: employee only about $378,567 at 4% or $252,378 at 6%; with 50% employer match about $252,378 at 4% or $168,252 at 6%; with 100% employer match about $189,283 at 4% or $126,189 at 6%.
Tormach Employee Stock Ownership Plan-50$11,210,006$502,172$10,043iApproximate average salary by contribution assumption: employee only about $251,086 at 4% or $167,391 at 6%; with 50% employer match about $167,391 at 4% or $111,594 at 6%; with 100% employer match about $125,543 at 4% or $83,695 at 6%.
Tormach 401(K) Plan-45$848,810$254,961$5,666iApproximate average salary by contribution assumption: employee only about $141,645 at 4% or $94,430 at 6%; with 50% employer match about $94,430 at 4% or $62,953 at 6%; with 100% employer match about $70,823 at 4% or $47,215 at 6%.
2016241$10,422,386$626,290$15,275iApproximate average salary by contribution assumption: employee only about $381,884 at 4% or $254,589 at 6%; with 50% employer match about $254,589 at 4% or $169,726 at 6%; with 100% employer match about $190,942 at 4% or $127,295 at 6%.
Tormach Employee Stock Ownership Plan-41$9,874,549$437,577$10,673iApproximate average salary by contribution assumption: employee only about $266,815 at 4% or $177,877 at 6%; with 50% employer match about $177,877 at 4% or $118,585 at 6%; with 100% employer match about $133,408 at 4% or $88,938 at 6%.
Tormach 401(K) Plan-36$547,837$188,713$5,242iApproximate average salary by contribution assumption: employee only about $131,051 at 4% or $87,367 at 6%; with 50% employer match about $87,367 at 4% or $58,245 at 6%; with 100% employer match about $65,525 at 4% or $43,684 at 6%.
2015233$4,974,425$796,603$24,139iApproximate average salary by contribution assumption: employee only about $603,487 at 4% or $402,325 at 6%; with 50% employer match about $402,325 at 4% or $268,216 at 6%; with 100% employer match about $301,744 at 4% or $201,162 at 6%.
Tormach Employee Stock Ownership Plan-28$4,620,005$434,544$15,519iApproximate average salary by contribution assumption: employee only about $387,986 at 4% or $258,657 at 6%; with 50% employer match about $258,657 at 4% or $172,438 at 6%; with 100% employer match about $193,993 at 4% or $129,329 at 6%.
Tormach 401(K) Plan-33$354,420$362,059$10,971iApproximate average salary by contribution assumption: employee only about $274,287 at 4% or $182,858 at 6%; with 50% employer match about $182,858 at 4% or $121,905 at 6%; with 100% employer match about $137,144 at 4% or $91,429 at 6%.
2014129$1,309,988$414,645$14,298iApproximate average salary by contribution assumption: employee only about $357,453 at 4% or $238,302 at 6%; with 50% employer match about $238,302 at 4% or $158,868 at 6%; with 100% employer match about $178,726 at 4% or $119,151 at 6%.
Tormach Employee Stock Ownership Plan-29$1,309,988$414,645$14,298iApproximate average salary by contribution assumption: employee only about $357,453 at 4% or $238,302 at 6%; with 50% employer match about $238,302 at 4% or $158,868 at 6%; with 100% employer match about $178,726 at 4% or $119,151 at 6%.