Civic Intelligence

Covington Machine and Welding Inc.

Plan context: Covington Machine and Welding Inc. 401(K) Profit Sharing Plan & Trust

EIN 52-1137651 • Annapolis, MD • 11 filings • 2 plans

2015 Renard CourtAnnapolis, MD 21401
Current Snapshot

Latest Year

2024

2024 Participants

37

2024 Assets

$427,156

2024 Contributions

$156,107

Historical Graphs

Total Assets Over Time

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

$427,156$213,578$0200020052024YearValue
$427,156Latest year 2024

Participants Over Time

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

39200200020052024YearValue
37Latest 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
2024137$427,156$156,107$4,219iApproximate average salary by contribution assumption: employee only about $105,478 at 4% or $70,318 at 6%; with 50% employer match about $70,318 at 4% or $46,879 at 6%; with 100% employer match about $52,739 at 4% or $35,159 at 6%.
Covington Machine and Welding Inc. 401(K) Profit Sharing Plan & Trust-37$427,156$156,107$4,219iApproximate average salary by contribution assumption: employee only about $105,478 at 4% or $70,318 at 6%; with 50% employer match about $70,318 at 4% or $46,879 at 6%; with 100% employer match about $52,739 at 4% or $35,159 at 6%.
2023139$268,979$182,832$4,688iApproximate average salary by contribution assumption: employee only about $117,200 at 4% or $78,133 at 6%; with 50% employer match about $78,133 at 4% or $52,089 at 6%; with 100% employer match about $58,600 at 4% or $39,067 at 6%.
Covington Machine and Welding Inc. 401(K) Profit Sharing Plan & Trust-39$268,979$182,832$4,688iApproximate average salary by contribution assumption: employee only about $117,200 at 4% or $78,133 at 6%; with 50% employer match about $78,133 at 4% or $52,089 at 6%; with 100% employer match about $58,600 at 4% or $39,067 at 6%.
2022139$97,792$97,638$2,504iApproximate average salary by contribution assumption: employee only about $62,588 at 4% or $41,726 at 6%; with 50% employer match about $41,726 at 4% or $27,817 at 6%; with 100% employer match about $31,294 at 4% or $20,863 at 6%.
Covington Machine and Welding Inc. 401(K) Profit Sharing Plan & Trust-39$97,792$97,638$2,504iApproximate average salary by contribution assumption: employee only about $62,588 at 4% or $41,726 at 6%; with 50% employer match about $41,726 at 4% or $27,817 at 6%; with 100% employer match about $31,294 at 4% or $20,863 at 6%.
200710$0$0-
Covington Machine and Welding Inc. 401(K) Profit Sharing Plan & Trust-0---
2006116$78,361$13,670$854iApproximate average salary by contribution assumption: employee only about $21,359 at 4% or $14,240 at 6%; with 50% employer match about $14,240 at 4% or $9,493 at 6%; with 100% employer match about $10,680 at 4% or $7,120 at 6%.
Covington Machine and Welding Inc. 401(K) Profit Sharing Plan & Trust-16$78,361$13,670$854iApproximate average salary by contribution assumption: employee only about $21,359 at 4% or $14,240 at 6%; with 50% employer match about $14,240 at 4% or $9,493 at 6%; with 100% employer match about $10,680 at 4% or $7,120 at 6%.
2005122$132,772$15,193$691iApproximate average salary by contribution assumption: employee only about $17,265 at 4% or $11,510 at 6%; with 50% employer match about $11,510 at 4% or $7,673 at 6%; with 100% employer match about $8,632 at 4% or $5,755 at 6%.
Covington Machine and Welding Inc. 401(K) Profit Sharing Plan & Trust-22$132,772$15,193$691iApproximate average salary by contribution assumption: employee only about $17,265 at 4% or $11,510 at 6%; with 50% employer match about $11,510 at 4% or $7,673 at 6%; with 100% employer match about $8,632 at 4% or $5,755 at 6%.
2004122$108,949$21,421$974iApproximate average salary by contribution assumption: employee only about $24,342 at 4% or $16,228 at 6%; with 50% employer match about $16,228 at 4% or $10,819 at 6%; with 100% employer match about $12,171 at 4% or $8,114 at 6%.
Covington Machine and Welding Inc. 401(K) Profit Sharing Plan & Trust-22$108,949$21,421$974iApproximate average salary by contribution assumption: employee only about $24,342 at 4% or $16,228 at 6%; with 50% employer match about $16,228 at 4% or $10,819 at 6%; with 100% employer match about $12,171 at 4% or $8,114 at 6%.
2003120$79,251$19,346$967iApproximate average salary by contribution assumption: employee only about $24,183 at 4% or $16,122 at 6%; with 50% employer match about $16,122 at 4% or $10,748 at 6%; with 100% employer match about $12,091 at 4% or $8,061 at 6%.
Covington Machine and Welding Inc. 401(K) Profit Sharing Plan & Trust-20$79,251$19,346$967iApproximate average salary by contribution assumption: employee only about $24,183 at 4% or $16,122 at 6%; with 50% employer match about $16,122 at 4% or $10,748 at 6%; with 100% employer match about $12,091 at 4% or $8,061 at 6%.
2002121$43,046$23,761$1,131iApproximate average salary by contribution assumption: employee only about $28,287 at 4% or $18,858 at 6%; with 50% employer match about $18,858 at 4% or $12,572 at 6%; with 100% employer match about $14,143 at 4% or $9,429 at 6%.
Covington Machine and Welding Inc. 401(K) Profit Sharing Plan & Trust-21$43,046$23,761$1,131iApproximate average salary by contribution assumption: employee only about $28,287 at 4% or $18,858 at 6%; with 50% employer match about $18,858 at 4% or $12,572 at 6%; with 100% employer match about $14,143 at 4% or $9,429 at 6%.
2001113$35,566$38,028$2,925iApproximate average salary by contribution assumption: employee only about $73,131 at 4% or $48,754 at 6%; with 50% employer match about $48,754 at 4% or $32,503 at 6%; with 100% employer match about $36,565 at 4% or $24,377 at 6%.
Covington Machine and Welding Inc. 401(K) Profit Sharing Plan & Trust-13$35,566$38,028$2,925iApproximate average salary by contribution assumption: employee only about $73,131 at 4% or $48,754 at 6%; with 50% employer match about $48,754 at 4% or $32,503 at 6%; with 100% employer match about $36,565 at 4% or $24,377 at 6%.
2000115$9,620$10,215$681iApproximate average salary by contribution assumption: employee only about $17,025 at 4% or $11,350 at 6%; with 50% employer match about $11,350 at 4% or $7,567 at 6%; with 100% employer match about $8,513 at 4% or $5,675 at 6%.
Covington Machine and Welding Inc. 401(K) Profit Sharing Plan & Trust-15$9,620$10,215$681iApproximate average salary by contribution assumption: employee only about $17,025 at 4% or $11,350 at 6%; with 50% employer match about $11,350 at 4% or $7,567 at 6%; with 100% employer match about $8,513 at 4% or $5,675 at 6%.