Council Tool Company Inc.
Plan context: Council Tool Company Inc. Profit Sharing & 401K Plan
EIN 56-0189490 • Lake Waccamaw, NC • 25 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
40
2024 Assets
$1,487,588
2024 Contributions
$117,858
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 40 | $1,487,588 | $117,858 | $2,946iApproximate average salary by contribution assumption: employee only about $73,661 at 4% or $49,108 at 6%; with 50% employer match about $49,108 at 4% or $32,738 at 6%; with 100% employer match about $36,831 at 4% or $24,554 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 40 | $1,487,588 | $117,858 | $2,946iApproximate average salary by contribution assumption: employee only about $73,661 at 4% or $49,108 at 6%; with 50% employer match about $49,108 at 4% or $32,738 at 6%; with 100% employer match about $36,831 at 4% or $24,554 at 6%. |
| 2023 | 1 | 38 | $1,256,571 | $109,482 | $2,881iApproximate average salary by contribution assumption: employee only about $72,028 at 4% or $48,018 at 6%; with 50% employer match about $48,018 at 4% or $32,012 at 6%; with 100% employer match about $36,014 at 4% or $24,009 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 38 | $1,256,571 | $109,482 | $2,881iApproximate average salary by contribution assumption: employee only about $72,028 at 4% or $48,018 at 6%; with 50% employer match about $48,018 at 4% or $32,012 at 6%; with 100% employer match about $36,014 at 4% or $24,009 at 6%. |
| 2022 | 1 | 41 | $1,048,603 | $142,825 | $3,484iApproximate average salary by contribution assumption: employee only about $87,088 at 4% or $58,059 at 6%; with 50% employer match about $58,059 at 4% or $38,706 at 6%; with 100% employer match about $43,544 at 4% or $29,029 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 41 | $1,048,603 | $142,825 | $3,484iApproximate average salary by contribution assumption: employee only about $87,088 at 4% or $58,059 at 6%; with 50% employer match about $58,059 at 4% or $38,706 at 6%; with 100% employer match about $43,544 at 4% or $29,029 at 6%. |
| 2021 | 1 | 42 | $1,152,125 | $106,819 | $2,543iApproximate average salary by contribution assumption: employee only about $63,583 at 4% or $42,388 at 6%; with 50% employer match about $42,388 at 4% or $28,259 at 6%; with 100% employer match about $31,791 at 4% or $21,194 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 42 | $1,152,125 | $106,819 | $2,543iApproximate average salary by contribution assumption: employee only about $63,583 at 4% or $42,388 at 6%; with 50% employer match about $42,388 at 4% or $28,259 at 6%; with 100% employer match about $31,791 at 4% or $21,194 at 6%. |
| 2020 | 1 | 44 | $1,194,016 | $77,757 | $1,767iApproximate average salary by contribution assumption: employee only about $44,180 at 4% or $29,453 at 6%; with 50% employer match about $29,453 at 4% or $19,636 at 6%; with 100% employer match about $22,090 at 4% or $14,727 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 44 | $1,194,016 | $77,757 | $1,767iApproximate average salary by contribution assumption: employee only about $44,180 at 4% or $29,453 at 6%; with 50% employer match about $29,453 at 4% or $19,636 at 6%; with 100% employer match about $22,090 at 4% or $14,727 at 6%. |
| 2019 | 1 | 47 | $1,061,769 | $68,001 | $1,447iApproximate average salary by contribution assumption: employee only about $36,171 at 4% or $24,114 at 6%; with 50% employer match about $24,114 at 4% or $16,076 at 6%; with 100% employer match about $18,085 at 4% or $12,057 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 47 | $1,061,769 | $68,001 | $1,447iApproximate average salary by contribution assumption: employee only about $36,171 at 4% or $24,114 at 6%; with 50% employer match about $24,114 at 4% or $16,076 at 6%; with 100% employer match about $18,085 at 4% or $12,057 at 6%. |
| 2018 | 1 | 40 | $872,942 | $66,594 | $1,665iApproximate average salary by contribution assumption: employee only about $41,621 at 4% or $27,748 at 6%; with 50% employer match about $27,748 at 4% or $18,498 at 6%; with 100% employer match about $20,811 at 4% or $13,874 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 40 | $872,942 | $66,594 | $1,665iApproximate average salary by contribution assumption: employee only about $41,621 at 4% or $27,748 at 6%; with 50% employer match about $27,748 at 4% or $18,498 at 6%; with 100% employer match about $20,811 at 4% or $13,874 at 6%. |
| 2017 | 1 | 41 | $1,021,425 | $52,362 | $1,277iApproximate average salary by contribution assumption: employee only about $31,928 at 4% or $21,285 at 6%; with 50% employer match about $21,285 at 4% or $14,190 at 6%; with 100% employer match about $15,964 at 4% or $10,643 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 41 | $1,021,425 | $52,362 | $1,277iApproximate average salary by contribution assumption: employee only about $31,928 at 4% or $21,285 at 6%; with 50% employer match about $21,285 at 4% or $14,190 at 6%; with 100% employer match about $15,964 at 4% or $10,643 at 6%. |
| 2016 | 1 | 40 | $861,467 | $49,865 | $1,247iApproximate average salary by contribution assumption: employee only about $31,166 at 4% or $20,777 at 6%; with 50% employer match about $20,777 at 4% or $13,851 at 6%; with 100% employer match about $15,583 at 4% or $10,389 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 40 | $861,467 | $49,865 | $1,247iApproximate average salary by contribution assumption: employee only about $31,166 at 4% or $20,777 at 6%; with 50% employer match about $20,777 at 4% or $13,851 at 6%; with 100% employer match about $15,583 at 4% or $10,389 at 6%. |
| 2015 | 1 | 41 | $808,078 | $59,881 | $1,461iApproximate average salary by contribution assumption: employee only about $36,513 at 4% or $24,342 at 6%; with 50% employer match about $24,342 at 4% or $16,228 at 6%; with 100% employer match about $18,256 at 4% or $12,171 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 41 | $808,078 | $59,881 | $1,461iApproximate average salary by contribution assumption: employee only about $36,513 at 4% or $24,342 at 6%; with 50% employer match about $24,342 at 4% or $16,228 at 6%; with 100% employer match about $18,256 at 4% or $12,171 at 6%. |
| 2014 | 1 | 39 | $766,480 | $59,331 | $1,521iApproximate average salary by contribution assumption: employee only about $38,033 at 4% or $25,355 at 6%; with 50% employer match about $25,355 at 4% or $16,903 at 6%; with 100% employer match about $19,016 at 4% or $12,678 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 39 | $766,480 | $59,331 | $1,521iApproximate average salary by contribution assumption: employee only about $38,033 at 4% or $25,355 at 6%; with 50% employer match about $25,355 at 4% or $16,903 at 6%; with 100% employer match about $19,016 at 4% or $12,678 at 6%. |
| 2013 | 1 | 38 | $703,596 | $59,060 | $1,554iApproximate average salary by contribution assumption: employee only about $38,855 at 4% or $25,904 at 6%; with 50% employer match about $25,904 at 4% or $17,269 at 6%; with 100% employer match about $19,428 at 4% or $12,952 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 38 | $703,596 | $59,060 | $1,554iApproximate average salary by contribution assumption: employee only about $38,855 at 4% or $25,904 at 6%; with 50% employer match about $25,904 at 4% or $17,269 at 6%; with 100% employer match about $19,428 at 4% or $12,952 at 6%. |
| 2012 | 1 | 39 | $592,905 | $72,176 | $1,851iApproximate average salary by contribution assumption: employee only about $46,267 at 4% or $30,844 at 6%; with 50% employer match about $30,844 at 4% or $20,563 at 6%; with 100% employer match about $23,133 at 4% or $15,422 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 39 | $592,905 | $72,176 | $1,851iApproximate average salary by contribution assumption: employee only about $46,267 at 4% or $30,844 at 6%; with 50% employer match about $30,844 at 4% or $20,563 at 6%; with 100% employer match about $23,133 at 4% or $15,422 at 6%. |
| 2011 | 1 | 25 | $481,623 | $61,828 | $2,473iApproximate average salary by contribution assumption: employee only about $61,828 at 4% or $41,219 at 6%; with 50% employer match about $41,219 at 4% or $27,479 at 6%; with 100% employer match about $30,914 at 4% or $20,609 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 25 | $481,623 | $61,828 | $2,473iApproximate average salary by contribution assumption: employee only about $61,828 at 4% or $41,219 at 6%; with 50% employer match about $41,219 at 4% or $27,479 at 6%; with 100% employer match about $30,914 at 4% or $20,609 at 6%. |
| 2010 | 1 | 27 | $506,928 | $69,035 | $2,557iApproximate average salary by contribution assumption: employee only about $63,921 at 4% or $42,614 at 6%; with 50% employer match about $42,614 at 4% or $28,409 at 6%; with 100% employer match about $31,961 at 4% or $21,307 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 27 | $506,928 | $69,035 | $2,557iApproximate average salary by contribution assumption: employee only about $63,921 at 4% or $42,614 at 6%; with 50% employer match about $42,614 at 4% or $28,409 at 6%; with 100% employer match about $31,961 at 4% or $21,307 at 6%. |
| 2009 | 1 | 25 | $403,312 | $71,892 | $2,876iApproximate average salary by contribution assumption: employee only about $71,892 at 4% or $47,928 at 6%; with 50% employer match about $47,928 at 4% or $31,952 at 6%; with 100% employer match about $35,946 at 4% or $23,964 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 25 | $403,312 | $71,892 | $2,876iApproximate average salary by contribution assumption: employee only about $71,892 at 4% or $47,928 at 6%; with 50% employer match about $47,928 at 4% or $31,952 at 6%; with 100% employer match about $35,946 at 4% or $23,964 at 6%. |
| 2007 | 1 | 33 | $409,152 | $21,908 | $664iApproximate average salary by contribution assumption: employee only about $16,597 at 4% or $11,065 at 6%; with 50% employer match about $11,065 at 4% or $7,376 at 6%; with 100% employer match about $8,298 at 4% or $5,532 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 33 | $409,152 | $21,908 | $664iApproximate average salary by contribution assumption: employee only about $16,597 at 4% or $11,065 at 6%; with 50% employer match about $11,065 at 4% or $7,376 at 6%; with 100% employer match about $8,298 at 4% or $5,532 at 6%. |
| 2006 | 1 | 35 | $418,649 | $18,435 | $527iApproximate average salary by contribution assumption: employee only about $13,168 at 4% or $8,779 at 6%; with 50% employer match about $8,779 at 4% or $5,852 at 6%; with 100% employer match about $6,584 at 4% or $4,389 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 35 | $418,649 | $18,435 | $527iApproximate average salary by contribution assumption: employee only about $13,168 at 4% or $8,779 at 6%; with 50% employer match about $8,779 at 4% or $5,852 at 6%; with 100% employer match about $6,584 at 4% or $4,389 at 6%. |
| 2005 | 1 | 35 | $0 | $0 | - |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 35 | - | - | - |
| 2004 | 1 | 33 | $415,092 | $23,140 | $701iApproximate average salary by contribution assumption: employee only about $17,530 at 4% or $11,687 at 6%; with 50% employer match about $11,687 at 4% or $7,791 at 6%; with 100% employer match about $8,765 at 4% or $5,843 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 33 | $415,092 | $23,140 | $701iApproximate average salary by contribution assumption: employee only about $17,530 at 4% or $11,687 at 6%; with 50% employer match about $11,687 at 4% or $7,791 at 6%; with 100% employer match about $8,765 at 4% or $5,843 at 6%. |
| 2003 | 1 | 31 | $418,007 | $19,474 | $628iApproximate average salary by contribution assumption: employee only about $15,705 at 4% or $10,470 at 6%; with 50% employer match about $10,470 at 4% or $6,980 at 6%; with 100% employer match about $7,852 at 4% or $5,235 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 31 | $418,007 | $19,474 | $628iApproximate average salary by contribution assumption: employee only about $15,705 at 4% or $10,470 at 6%; with 50% employer match about $10,470 at 4% or $6,980 at 6%; with 100% employer match about $7,852 at 4% or $5,235 at 6%. |
| 2002 | 1 | 27 | $480,898 | $33,503 | $1,241iApproximate average salary by contribution assumption: employee only about $31,021 at 4% or $20,681 at 6%; with 50% employer match about $20,681 at 4% or $13,787 at 6%; with 100% employer match about $15,511 at 4% or $10,340 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 27 | $480,898 | $33,503 | $1,241iApproximate average salary by contribution assumption: employee only about $31,021 at 4% or $20,681 at 6%; with 50% employer match about $20,681 at 4% or $13,787 at 6%; with 100% employer match about $15,511 at 4% or $10,340 at 6%. |
| 2001 | 1 | 41 | $628,491 | $41,878 | $1,021iApproximate average salary by contribution assumption: employee only about $25,535 at 4% or $17,024 at 6%; with 50% employer match about $17,024 at 4% or $11,349 at 6%; with 100% employer match about $12,768 at 4% or $8,512 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 41 | $628,491 | $41,878 | $1,021iApproximate average salary by contribution assumption: employee only about $25,535 at 4% or $17,024 at 6%; with 50% employer match about $17,024 at 4% or $11,349 at 6%; with 100% employer match about $12,768 at 4% or $8,512 at 6%. |
| 2000 | 1 | 47 | $865,883 | $64,888 | $1,381iApproximate average salary by contribution assumption: employee only about $34,515 at 4% or $23,010 at 6%; with 50% employer match about $23,010 at 4% or $15,340 at 6%; with 100% employer match about $17,257 at 4% or $11,505 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 47 | $865,883 | $64,888 | $1,381iApproximate average salary by contribution assumption: employee only about $34,515 at 4% or $23,010 at 6%; with 50% employer match about $23,010 at 4% or $15,340 at 6%; with 100% employer match about $17,257 at 4% or $11,505 at 6%. |
| 1999 | 1 | 48 | $1,043,496 | $74,397 | $1,550iApproximate average salary by contribution assumption: employee only about $38,748 at 4% or $25,832 at 6%; with 50% employer match about $25,832 at 4% or $17,222 at 6%; with 100% employer match about $19,374 at 4% or $12,916 at 6%. |
| Council Tool Company Inc. Profit Sharing & 401K Plan | - | 48 | $1,043,496 | $74,397 | $1,550iApproximate average salary by contribution assumption: employee only about $38,748 at 4% or $25,832 at 6%; with 50% employer match about $25,832 at 4% or $17,222 at 6%; with 100% employer match about $19,374 at 4% or $12,916 at 6%. |