Civic Intelligence

Fairmont Tool Inc.

Plan context: Fairmont Tool Inc. 401(K) Profit Sharing Plan

EIN 55-0567348 • Fairmont, WV • 18 filings • 2 plans

283 Vankirk DirveMarion County Industrial ParkFairmont, WV 26554-9783
Current Snapshot

Latest Year

2024

2024 Participants

36

2024 Assets

$596,882

2024 Contributions

$25,501

Historical Graphs

Total Assets Over Time

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

$664,443$332,222$0200820162024YearValue
$596,882Latest year 2024

Participants Over Time

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

60300200720162024YearValue
36Latest 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
2024136$596,882$25,501$708iApproximate average salary by contribution assumption: employee only about $17,709 at 4% or $11,806 at 6%; with 50% employer match about $11,806 at 4% or $7,871 at 6%; with 100% employer match about $8,855 at 4% or $5,903 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-36$596,882$25,501$708iApproximate average salary by contribution assumption: employee only about $17,709 at 4% or $11,806 at 6%; with 50% employer match about $11,806 at 4% or $7,871 at 6%; with 100% employer match about $8,855 at 4% or $5,903 at 6%.
2023135$521,488$24,841$710iApproximate average salary by contribution assumption: employee only about $17,744 at 4% or $11,829 at 6%; with 50% employer match about $11,829 at 4% or $7,886 at 6%; with 100% employer match about $8,872 at 4% or $5,915 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-35$521,488$24,841$710iApproximate average salary by contribution assumption: employee only about $17,744 at 4% or $11,829 at 6%; with 50% employer match about $11,829 at 4% or $7,886 at 6%; with 100% employer match about $8,872 at 4% or $5,915 at 6%.
2022134$449,742$44,554$1,310iApproximate average salary by contribution assumption: employee only about $32,760 at 4% or $21,840 at 6%; with 50% employer match about $21,840 at 4% or $14,560 at 6%; with 100% employer match about $16,380 at 4% or $10,920 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-34$449,742$44,554$1,310iApproximate average salary by contribution assumption: employee only about $32,760 at 4% or $21,840 at 6%; with 50% employer match about $21,840 at 4% or $14,560 at 6%; with 100% employer match about $16,380 at 4% or $10,920 at 6%.
2021140$664,443$33,283$832iApproximate average salary by contribution assumption: employee only about $20,802 at 4% or $13,868 at 6%; with 50% employer match about $13,868 at 4% or $9,245 at 6%; with 100% employer match about $10,401 at 4% or $6,934 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-40$664,443$33,283$832iApproximate average salary by contribution assumption: employee only about $20,802 at 4% or $13,868 at 6%; with 50% employer match about $13,868 at 4% or $9,245 at 6%; with 100% employer match about $10,401 at 4% or $6,934 at 6%.
2020141$564,758$45,536$1,111iApproximate average salary by contribution assumption: employee only about $27,766 at 4% or $18,511 at 6%; with 50% employer match about $18,511 at 4% or $12,340 at 6%; with 100% employer match about $13,883 at 4% or $9,255 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-41$564,758$45,536$1,111iApproximate average salary by contribution assumption: employee only about $27,766 at 4% or $18,511 at 6%; with 50% employer match about $18,511 at 4% or $12,340 at 6%; with 100% employer match about $13,883 at 4% or $9,255 at 6%.
2019155$465,000$62,778$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%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-55$465,000$62,778$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%.
2018160$393,130$45,632$761iApproximate average salary by contribution assumption: employee only about $19,013 at 4% or $12,676 at 6%; with 50% employer match about $12,676 at 4% or $8,450 at 6%; with 100% employer match about $9,507 at 4% or $6,338 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-60$393,130$45,632$761iApproximate average salary by contribution assumption: employee only about $19,013 at 4% or $12,676 at 6%; with 50% employer match about $12,676 at 4% or $8,450 at 6%; with 100% employer match about $9,507 at 4% or $6,338 at 6%.
2017159$376,533$41,551$704iApproximate average salary by contribution assumption: employee only about $17,606 at 4% or $11,738 at 6%; with 50% employer match about $11,738 at 4% or $7,825 at 6%; with 100% employer match about $8,803 at 4% or $5,869 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-59$376,533$41,551$704iApproximate average salary by contribution assumption: employee only about $17,606 at 4% or $11,738 at 6%; with 50% employer match about $11,738 at 4% or $7,825 at 6%; with 100% employer match about $8,803 at 4% or $5,869 at 6%.
2016158$300,573$62,688$1,081iApproximate average salary by contribution assumption: employee only about $27,021 at 4% or $18,014 at 6%; with 50% employer match about $18,014 at 4% or $12,009 at 6%; with 100% employer match about $13,510 at 4% or $9,007 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-58$300,573$62,688$1,081iApproximate average salary by contribution assumption: employee only about $27,021 at 4% or $18,014 at 6%; with 50% employer match about $18,014 at 4% or $12,009 at 6%; with 100% employer match about $13,510 at 4% or $9,007 at 6%.
2015160$244,315$45,482$758iApproximate average salary by contribution assumption: employee only about $18,951 at 4% or $12,634 at 6%; with 50% employer match about $12,634 at 4% or $8,423 at 6%; with 100% employer match about $9,475 at 4% or $6,317 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-60$244,315$45,482$758iApproximate average salary by contribution assumption: employee only about $18,951 at 4% or $12,634 at 6%; with 50% employer match about $12,634 at 4% or $8,423 at 6%; with 100% employer match about $9,475 at 4% or $6,317 at 6%.
2014153$227,958$50,882$960iApproximate average salary by contribution assumption: employee only about $24,001 at 4% or $16,001 at 6%; with 50% employer match about $16,001 at 4% or $10,667 at 6%; with 100% employer match about $12,000 at 4% or $8,000 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-53$227,958$50,882$960iApproximate average salary by contribution assumption: employee only about $24,001 at 4% or $16,001 at 6%; with 50% employer match about $16,001 at 4% or $10,667 at 6%; with 100% employer match about $12,000 at 4% or $8,000 at 6%.
2013138$174,336$21,411$563iApproximate average salary by contribution assumption: employee only about $14,086 at 4% or $9,391 at 6%; with 50% employer match about $9,391 at 4% or $6,261 at 6%; with 100% employer match about $7,043 at 4% or $4,695 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-38$174,336$21,411$563iApproximate average salary by contribution assumption: employee only about $14,086 at 4% or $9,391 at 6%; with 50% employer match about $9,391 at 4% or $6,261 at 6%; with 100% employer match about $7,043 at 4% or $4,695 at 6%.
2012118$136,966$18,245$1,014iApproximate average salary by contribution assumption: employee only about $25,340 at 4% or $16,894 at 6%; with 50% employer match about $16,894 at 4% or $11,262 at 6%; with 100% employer match about $12,670 at 4% or $8,447 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-18$136,966$18,245$1,014iApproximate average salary by contribution assumption: employee only about $25,340 at 4% or $16,894 at 6%; with 50% employer match about $16,894 at 4% or $11,262 at 6%; with 100% employer match about $12,670 at 4% or $8,447 at 6%.
2011119$109,916$17,777$936iApproximate average salary by contribution assumption: employee only about $23,391 at 4% or $15,594 at 6%; with 50% employer match about $15,594 at 4% or $10,396 at 6%; with 100% employer match about $11,695 at 4% or $7,797 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-19$109,916$17,777$936iApproximate average salary by contribution assumption: employee only about $23,391 at 4% or $15,594 at 6%; with 50% employer match about $15,594 at 4% or $10,396 at 6%; with 100% employer match about $11,695 at 4% or $7,797 at 6%.
2010119$93,177$13,796$726iApproximate average salary by contribution assumption: employee only about $18,153 at 4% or $12,102 at 6%; with 50% employer match about $12,102 at 4% or $8,068 at 6%; with 100% employer match about $9,076 at 4% or $6,051 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-19$93,177$13,796$726iApproximate average salary by contribution assumption: employee only about $18,153 at 4% or $12,102 at 6%; with 50% employer match about $12,102 at 4% or $8,068 at 6%; with 100% employer match about $9,076 at 4% or $6,051 at 6%.
2009119$69,495$13,208$695iApproximate average salary by contribution assumption: employee only about $17,379 at 4% or $11,586 at 6%; with 50% employer match about $11,586 at 4% or $7,724 at 6%; with 100% employer match about $8,689 at 4% or $5,793 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-19$69,495$13,208$695iApproximate average salary by contribution assumption: employee only about $17,379 at 4% or $11,586 at 6%; with 50% employer match about $11,586 at 4% or $7,724 at 6%; with 100% employer match about $8,689 at 4% or $5,793 at 6%.
2008116$42,540$35,084$2,193iApproximate average salary by contribution assumption: employee only about $54,819 at 4% or $36,546 at 6%; with 50% employer match about $36,546 at 4% or $24,364 at 6%; with 100% employer match about $27,409 at 4% or $18,273 at 6%.
Fairmont Tool Inc. 401(K) Profit Sharing Plan-16$42,540$35,084$2,193iApproximate average salary by contribution assumption: employee only about $54,819 at 4% or $36,546 at 6%; with 50% employer match about $36,546 at 4% or $24,364 at 6%; with 100% employer match about $27,409 at 4% or $18,273 at 6%.
2007118$0$0-
Fairmont Tool Inc. 401(K) Profit Sharing Plan-18---