Civic Intelligence

Modern Machine and Tool Co. Inc.

Plan context: Modern Machine & Tool Co. Inc. 401(K) Plan

EIN 54-0562646 • Newport News, VA • 41 filings • 5 plans

11844 Jefferson AvenueNewport News, VA 23606
Current Snapshot

Latest Year

2024

2024 Participants

27

2024 Assets

$4,342,596

2024 Contributions

$195,919

Historical Graphs

Total Assets Over Time

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

$5,994,167$2,997,084$0199920122024YearValue
$4,342,596Latest year 2024

Participants Over Time

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

105530199920122024YearValue
27Latest 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
2024127$4,342,596$195,919$7,256iApproximate average salary by contribution assumption: employee only about $181,406 at 4% or $120,938 at 6%; with 50% employer match about $120,938 at 4% or $80,625 at 6%; with 100% employer match about $90,703 at 4% or $60,469 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-27$4,342,596$195,919$7,256iApproximate average salary by contribution assumption: employee only about $181,406 at 4% or $120,938 at 6%; with 50% employer match about $120,938 at 4% or $80,625 at 6%; with 100% employer match about $90,703 at 4% or $60,469 at 6%.
2023131$4,320,538$188,550$6,082iApproximate average salary by contribution assumption: employee only about $152,056 at 4% or $101,371 at 6%; with 50% employer match about $101,371 at 4% or $67,581 at 6%; with 100% employer match about $76,028 at 4% or $50,685 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-31$4,320,538$188,550$6,082iApproximate average salary by contribution assumption: employee only about $152,056 at 4% or $101,371 at 6%; with 50% employer match about $101,371 at 4% or $67,581 at 6%; with 100% employer match about $76,028 at 4% or $50,685 at 6%.
2022130$3,703,673$190,162$6,339iApproximate average salary by contribution assumption: employee only about $158,468 at 4% or $105,646 at 6%; with 50% employer match about $105,646 at 4% or $70,430 at 6%; with 100% employer match about $79,234 at 4% or $52,823 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-30$3,703,673$190,162$6,339iApproximate average salary by contribution assumption: employee only about $158,468 at 4% or $105,646 at 6%; with 50% employer match about $105,646 at 4% or $70,430 at 6%; with 100% employer match about $79,234 at 4% or $52,823 at 6%.
2021134$4,412,187$277,216$8,153iApproximate average salary by contribution assumption: employee only about $203,835 at 4% or $135,890 at 6%; with 50% employer match about $135,890 at 4% or $90,593 at 6%; with 100% employer match about $101,918 at 4% or $67,945 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-34$4,412,187$277,216$8,153iApproximate average salary by contribution assumption: employee only about $203,835 at 4% or $135,890 at 6%; with 50% employer match about $135,890 at 4% or $90,593 at 6%; with 100% employer match about $101,918 at 4% or $67,945 at 6%.
2020136$4,136,574$226,756$6,299iApproximate average salary by contribution assumption: employee only about $157,469 at 4% or $104,980 at 6%; with 50% employer match about $104,980 at 4% or $69,986 at 6%; with 100% employer match about $78,735 at 4% or $52,490 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-36$4,136,574$226,756$6,299iApproximate average salary by contribution assumption: employee only about $157,469 at 4% or $104,980 at 6%; with 50% employer match about $104,980 at 4% or $69,986 at 6%; with 100% employer match about $78,735 at 4% or $52,490 at 6%.
2019137$3,615,027$231,666$6,261iApproximate average salary by contribution assumption: employee only about $156,531 at 4% or $104,354 at 6%; with 50% employer match about $104,354 at 4% or $69,569 at 6%; with 100% employer match about $78,266 at 4% or $52,177 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-37$3,615,027$231,666$6,261iApproximate average salary by contribution assumption: employee only about $156,531 at 4% or $104,354 at 6%; with 50% employer match about $104,354 at 4% or $69,569 at 6%; with 100% employer match about $78,266 at 4% or $52,177 at 6%.
2018139$2,870,130$241,948$6,204iApproximate average salary by contribution assumption: employee only about $155,095 at 4% or $103,397 at 6%; with 50% employer match about $103,397 at 4% or $68,931 at 6%; with 100% employer match about $77,547 at 4% or $51,698 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-39$2,870,130$241,948$6,204iApproximate average salary by contribution assumption: employee only about $155,095 at 4% or $103,397 at 6%; with 50% employer match about $103,397 at 4% or $68,931 at 6%; with 100% employer match about $77,547 at 4% or $51,698 at 6%.
2017143$2,815,152$206,073$4,792iApproximate average salary by contribution assumption: employee only about $119,810 at 4% or $79,873 at 6%; with 50% employer match about $79,873 at 4% or $53,249 at 6%; with 100% employer match about $59,905 at 4% or $39,937 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-43$2,815,152$206,073$4,792iApproximate average salary by contribution assumption: employee only about $119,810 at 4% or $79,873 at 6%; with 50% employer match about $79,873 at 4% or $53,249 at 6%; with 100% employer match about $59,905 at 4% or $39,937 at 6%.
2016143$2,254,128$184,332$4,287iApproximate average salary by contribution assumption: employee only about $107,170 at 4% or $71,447 at 6%; with 50% employer match about $71,447 at 4% or $47,631 at 6%; with 100% employer match about $53,585 at 4% or $35,723 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-43$2,254,128$184,332$4,287iApproximate average salary by contribution assumption: employee only about $107,170 at 4% or $71,447 at 6%; with 50% employer match about $71,447 at 4% or $47,631 at 6%; with 100% employer match about $53,585 at 4% or $35,723 at 6%.
2015145$2,417,084$437,001$9,711iApproximate average salary by contribution assumption: employee only about $242,778 at 4% or $161,852 at 6%; with 50% employer match about $161,852 at 4% or $107,901 at 6%; with 100% employer match about $121,389 at 4% or $80,926 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-45$2,417,084$437,001$9,711iApproximate average salary by contribution assumption: employee only about $242,778 at 4% or $161,852 at 6%; with 50% employer match about $161,852 at 4% or $107,901 at 6%; with 100% employer match about $121,389 at 4% or $80,926 at 6%.
2014248$2,333,759$889,755$18,537iApproximate average salary by contribution assumption: employee only about $463,414 at 4% or $308,943 at 6%; with 50% employer match about $308,943 at 4% or $205,962 at 6%; with 100% employer match about $231,707 at 4% or $154,471 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-48$2,333,759$185,807$3,871iApproximate average salary by contribution assumption: employee only about $96,774 at 4% or $64,516 at 6%; with 50% employer match about $64,516 at 4% or $43,011 at 6%; with 100% employer match about $48,387 at 4% or $32,258 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-0$0$703,948-
2013294$5,994,167$339,634$3,613iApproximate average salary by contribution assumption: employee only about $90,328 at 4% or $60,219 at 6%; with 50% employer match about $60,219 at 4% or $40,146 at 6%; with 100% employer match about $45,164 at 4% or $30,109 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-94$3,758,119$150,000$1,596iApproximate average salary by contribution assumption: employee only about $39,894 at 4% or $26,596 at 6%; with 50% employer match about $26,596 at 4% or $17,730 at 6%; with 100% employer match about $19,947 at 4% or $13,298 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-50$2,236,048$189,634$3,793iApproximate average salary by contribution assumption: employee only about $94,817 at 4% or $63,211 at 6%; with 50% employer match about $63,211 at 4% or $42,141 at 6%; with 100% employer match about $47,409 at 4% or $31,606 at 6%.
2012296$5,171,463$842,906$8,780iApproximate average salary by contribution assumption: employee only about $219,507 at 4% or $146,338 at 6%; with 50% employer match about $146,338 at 4% or $97,559 at 6%; with 100% employer match about $109,753 at 4% or $73,169 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-96$3,427,340$617,500$6,432iApproximate average salary by contribution assumption: employee only about $160,807 at 4% or $107,205 at 6%; with 50% employer match about $107,205 at 4% or $71,470 at 6%; with 100% employer match about $80,404 at 4% or $53,602 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-50$1,744,123$225,406$4,508iApproximate average salary by contribution assumption: employee only about $112,703 at 4% or $75,135 at 6%; with 50% employer match about $75,135 at 4% or $50,090 at 6%; with 100% employer match about $56,352 at 4% or $37,568 at 6%.
20112100$4,085,480$372,078$3,721iApproximate average salary by contribution assumption: employee only about $93,020 at 4% or $62,013 at 6%; with 50% employer match about $62,013 at 4% or $41,342 at 6%; with 100% employer match about $46,510 at 4% or $31,007 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-100$2,731,890$207,314$2,073iApproximate average salary by contribution assumption: employee only about $51,828 at 4% or $34,552 at 6%; with 50% employer match about $34,552 at 4% or $23,035 at 6%; with 100% employer match about $25,914 at 4% or $17,276 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-51$1,353,590$164,764$3,231iApproximate average salary by contribution assumption: employee only about $80,767 at 4% or $53,844 at 6%; with 50% employer match about $53,844 at 4% or $35,896 at 6%; with 100% employer match about $40,383 at 4% or $26,922 at 6%.
20102102$4,032,689$362,983$3,559iApproximate average salary by contribution assumption: employee only about $88,966 at 4% or $59,311 at 6%; with 50% employer match about $59,311 at 4% or $39,541 at 6%; with 100% employer match about $44,483 at 4% or $29,655 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-102$2,688,064$256,559$2,515iApproximate average salary by contribution assumption: employee only about $62,882 at 4% or $41,921 at 6%; with 50% employer match about $41,921 at 4% or $27,948 at 6%; with 100% employer match about $31,441 at 4% or $20,961 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-37$1,344,625$106,424$2,876iApproximate average salary by contribution assumption: employee only about $71,908 at 4% or $47,939 at 6%; with 50% employer match about $47,939 at 4% or $31,959 at 6%; with 100% employer match about $35,954 at 4% or $23,969 at 6%.
20092105$3,476,883$372,711$3,550iApproximate average salary by contribution assumption: employee only about $88,741 at 4% or $59,160 at 6%; with 50% employer match about $59,160 at 4% or $39,440 at 6%; with 100% employer match about $44,370 at 4% or $29,580 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-105$2,341,040$267,392$2,547iApproximate average salary by contribution assumption: employee only about $63,665 at 4% or $42,443 at 6%; with 50% employer match about $42,443 at 4% or $28,295 at 6%; with 100% employer match about $31,832 at 4% or $21,222 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-37$1,135,843$105,319$2,846iApproximate average salary by contribution assumption: employee only about $71,161 at 4% or $47,441 at 6%; with 50% employer match about $47,441 at 4% or $31,627 at 6%; with 100% employer match about $35,581 at 4% or $23,720 at 6%.
2008252$2,712,996$325,929$6,268iApproximate average salary by contribution assumption: employee only about $156,697 at 4% or $104,464 at 6%; with 50% employer match about $104,464 at 4% or $69,643 at 6%; with 100% employer match about $78,348 at 4% or $52,232 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-51$1,873,642$183,720$3,602iApproximate average salary by contribution assumption: employee only about $90,059 at 4% or $60,039 at 6%; with 50% employer match about $60,039 at 4% or $40,026 at 6%; with 100% employer match about $45,029 at 4% or $30,020 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-52$839,354$142,209$2,735iApproximate average salary by contribution assumption: employee only about $68,370 at 4% or $45,580 at 6%; with 50% employer match about $45,580 at 4% or $30,387 at 6%; with 100% employer match about $34,185 at 4% or $22,790 at 6%.
2007249$1,047,491$158,379$3,232iApproximate average salary by contribution assumption: employee only about $80,806 at 4% or $53,870 at 6%; with 50% employer match about $53,870 at 4% or $35,914 at 6%; with 100% employer match about $40,403 at 4% or $26,935 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-48$1,047,491$158,379$3,300iApproximate average salary by contribution assumption: employee only about $82,489 at 4% or $54,993 at 6%; with 50% employer match about $54,993 at 4% or $36,662 at 6%; with 100% employer match about $41,245 at 4% or $27,496 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-49---
2006252$3,223,981$337,496$6,490iApproximate average salary by contribution assumption: employee only about $162,258 at 4% or $108,172 at 6%; with 50% employer match about $108,172 at 4% or $72,115 at 6%; with 100% employer match about $81,129 at 4% or $54,086 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-49$2,390,346$216,868$4,426iApproximate average salary by contribution assumption: employee only about $110,647 at 4% or $73,765 at 6%; with 50% employer match about $73,765 at 4% or $49,176 at 6%; with 100% employer match about $55,323 at 4% or $36,882 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-52$833,635$120,628$2,320iApproximate average salary by contribution assumption: employee only about $57,994 at 4% or $38,663 at 6%; with 50% employer match about $38,663 at 4% or $25,775 at 6%; with 100% employer match about $28,997 at 4% or $19,331 at 6%.
2005253$2,842,505$326,193$6,155iApproximate average salary by contribution assumption: employee only about $153,865 at 4% or $102,576 at 6%; with 50% employer match about $102,576 at 4% or $68,384 at 6%; with 100% employer match about $76,932 at 4% or $51,288 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-52$2,159,067$198,661$3,820iApproximate average salary by contribution assumption: employee only about $95,510 at 4% or $63,673 at 6%; with 50% employer match about $63,673 at 4% or $42,449 at 6%; with 100% employer match about $47,755 at 4% or $31,837 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-53$683,438$127,532$2,406iApproximate average salary by contribution assumption: employee only about $60,157 at 4% or $40,104 at 6%; with 50% employer match about $40,104 at 4% or $26,736 at 6%; with 100% employer match about $30,078 at 4% or $20,052 at 6%.
2004264$2,572,073$309,827$4,841iApproximate average salary by contribution assumption: employee only about $121,026 at 4% or $80,684 at 6%; with 50% employer match about $80,684 at 4% or $53,789 at 6%; with 100% employer match about $60,513 at 4% or $40,342 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-62$1,979,781$183,206$2,955iApproximate average salary by contribution assumption: employee only about $73,873 at 4% or $49,249 at 6%; with 50% employer match about $49,249 at 4% or $32,833 at 6%; with 100% employer match about $36,937 at 4% or $24,624 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-64$592,292$126,621$1,978iApproximate average salary by contribution assumption: employee only about $49,461 at 4% or $32,974 at 6%; with 50% employer match about $32,974 at 4% or $21,983 at 6%; with 100% employer match about $24,731 at 4% or $16,487 at 6%.
2003271$2,475,594$269,501$3,796iApproximate average salary by contribution assumption: employee only about $94,895 at 4% or $63,263 at 6%; with 50% employer match about $63,263 at 4% or $42,175 at 6%; with 100% employer match about $47,447 at 4% or $31,632 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-69$1,992,488$133,510$1,935iApproximate average salary by contribution assumption: employee only about $48,373 at 4% or $32,249 at 6%; with 50% employer match about $32,249 at 4% or $21,499 at 6%; with 100% employer match about $24,187 at 4% or $16,124 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-71$483,106$135,991$1,915iApproximate average salary by contribution assumption: employee only about $47,884 at 4% or $31,923 at 6%; with 50% employer match about $31,923 at 4% or $21,282 at 6%; with 100% employer match about $23,942 at 4% or $15,961 at 6%.
2002273$1,970,927$275,895$3,779iApproximate average salary by contribution assumption: employee only about $94,485 at 4% or $62,990 at 6%; with 50% employer match about $62,990 at 4% or $41,993 at 6%; with 100% employer match about $47,242 at 4% or $31,495 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-73$1,688,138$139,029$1,905iApproximate average salary by contribution assumption: employee only about $47,613 at 4% or $31,742 at 6%; with 50% employer match about $31,742 at 4% or $21,161 at 6%; with 100% employer match about $23,806 at 4% or $15,871 at 6%.
Modern Machine & Tool Co. Inc. 401(K) Plan-72$282,789$136,866$1,901iApproximate average salary by contribution assumption: employee only about $47,523 at 4% or $31,682 at 6%; with 50% employer match about $31,682 at 4% or $21,121 at 6%; with 100% employer match about $23,761 at 4% or $15,841 at 6%.
2001272$1,754,392$0-
Modern Machine & Tool Company Inc. Employees Retirement Plan-72$1,754,392--
Modern Machine & Tool Co. Inc. 401(K) Plan-71---
2000270$2,073,048$79,899$1,141iApproximate average salary by contribution assumption: employee only about $28,535 at 4% or $19,024 at 6%; with 50% employer match about $19,024 at 4% or $12,682 at 6%; with 100% employer match about $14,268 at 4% or $9,512 at 6%.
Modern Machine & Tool Company Inc. Employees Retirement Plan-70$2,000,616--
Modern Machine & Tool Co. Inc. 401(K) Plan-41$72,432$79,899$1,949iApproximate average salary by contribution assumption: employee only about $48,719 at 4% or $32,479 at 6%; with 50% employer match about $32,479 at 4% or $21,653 at 6%; with 100% employer match about $24,359 at 4% or $16,240 at 6%.
1999165$2,093,396$0-
Modern Machine & Tool Company Inc. Employees Retirement Plan-65$2,093,396--