Civic Intelligence

Petty Machine Company Inc.

Plan context: Profit Sharing Plan for the Employees of Petty Machine Company Incorporated

EIN 56-0506815 • Gastonia, NC • 25 filings • 4 plans

2403 Forbes RoadGastonia, NC 28056
Current Snapshot

Latest Year

2024

2024 Participants

11

2024 Assets

$1,159,621

2024 Contributions

$398,889

Historical Graphs

Total Assets Over Time

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

$1,501,969$750,985$0200020132024YearValue
$1,159,621Latest year 2024

Participants Over Time

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

34170200020122024YearValue
11Latest 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
2024111$1,159,621$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-11$1,159,621$0-
2023115$1,126,439$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-15$1,126,439$0-
2022117$1,113,626$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-17$1,113,626$0-
2021114$1,377,822$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-14$1,377,822$0-
2020123$1,458,206$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-23$1,458,206$0-
2019126$1,501,969$398,889$15,342iApproximate average salary by contribution assumption: employee only about $383,547 at 4% or $255,698 at 6%; with 50% employer match about $255,698 at 4% or $170,465 at 6%; with 100% employer match about $191,774 at 4% or $127,849 at 6%.
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-26$1,501,969$398,889$15,342iApproximate average salary by contribution assumption: employee only about $383,547 at 4% or $255,698 at 6%; with 50% employer match about $255,698 at 4% or $170,465 at 6%; with 100% employer match about $191,774 at 4% or $127,849 at 6%.
2018128$1,193,462$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-28$1,193,462--
2017130$1,300,433$50,000$1,667iApproximate average salary by contribution assumption: employee only about $41,667 at 4% or $27,778 at 6%; with 50% employer match about $27,778 at 4% or $18,519 at 6%; with 100% employer match about $20,833 at 4% or $13,889 at 6%.
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-30$1,300,433$50,000$1,667iApproximate average salary by contribution assumption: employee only about $41,667 at 4% or $27,778 at 6%; with 50% employer match about $27,778 at 4% or $18,519 at 6%; with 100% employer match about $20,833 at 4% or $13,889 at 6%.
2016127$1,156,661$130,000$4,815iApproximate average salary by contribution assumption: employee only about $120,370 at 4% or $80,247 at 6%; with 50% employer match about $80,247 at 4% or $53,498 at 6%; with 100% employer match about $60,185 at 4% or $40,123 at 6%.
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-27$1,156,661$130,000$4,815iApproximate average salary by contribution assumption: employee only about $120,370 at 4% or $80,247 at 6%; with 50% employer match about $80,247 at 4% or $53,498 at 6%; with 100% employer match about $60,185 at 4% or $40,123 at 6%.
2015124$866,489$75,000$3,125iApproximate average salary by contribution assumption: employee only about $78,125 at 4% or $52,083 at 6%; with 50% employer match about $52,083 at 4% or $34,722 at 6%; with 100% employer match about $39,063 at 4% or $26,042 at 6%.
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-24$866,489$75,000$3,125iApproximate average salary by contribution assumption: employee only about $78,125 at 4% or $52,083 at 6%; with 50% employer match about $52,083 at 4% or $34,722 at 6%; with 100% employer match about $39,063 at 4% or $26,042 at 6%.
2014127$838,920$100,000$3,704iApproximate average salary by contribution assumption: employee only about $92,593 at 4% or $61,728 at 6%; with 50% employer match about $61,728 at 4% or $41,152 at 6%; with 100% employer match about $46,296 at 4% or $30,864 at 6%.
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-27$838,920$100,000$3,704iApproximate average salary by contribution assumption: employee only about $92,593 at 4% or $61,728 at 6%; with 50% employer match about $61,728 at 4% or $41,152 at 6%; with 100% employer match about $46,296 at 4% or $30,864 at 6%.
2013124$662,453$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-24$662,453--
2012128$566,677$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-28$566,677--
2011126$511,062$20,000$769iApproximate average salary by contribution assumption: employee only about $19,231 at 4% or $12,821 at 6%; with 50% employer match about $12,821 at 4% or $8,547 at 6%; with 100% employer match about $9,615 at 4% or $6,410 at 6%.
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-26$511,062$20,000$769iApproximate average salary by contribution assumption: employee only about $19,231 at 4% or $12,821 at 6%; with 50% employer match about $12,821 at 4% or $8,547 at 6%; with 100% employer match about $9,615 at 4% or $6,410 at 6%.
2010129$609,481$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-29$609,481--
2009129$530,213$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-29$530,213--
2008124$419,422$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-24$419,422--
2007133$771,229$100,000$3,030iApproximate average salary by contribution assumption: employee only about $75,758 at 4% or $50,505 at 6%; with 50% employer match about $50,505 at 4% or $33,670 at 6%; with 100% employer match about $37,879 at 4% or $25,253 at 6%.
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-33$771,229$100,000$3,030iApproximate average salary by contribution assumption: employee only about $75,758 at 4% or $50,505 at 6%; with 50% employer match about $50,505 at 4% or $33,670 at 6%; with 100% employer match about $37,879 at 4% or $25,253 at 6%.
2006127$814,175$100,000$3,704iApproximate average salary by contribution assumption: employee only about $92,593 at 4% or $61,728 at 6%; with 50% employer match about $61,728 at 4% or $41,152 at 6%; with 100% employer match about $46,296 at 4% or $30,864 at 6%.
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-27$814,175$100,000$3,704iApproximate average salary by contribution assumption: employee only about $92,593 at 4% or $61,728 at 6%; with 50% employer match about $61,728 at 4% or $41,152 at 6%; with 100% employer match about $46,296 at 4% or $30,864 at 6%.
2005125$661,239$10,000$400iApproximate average salary by contribution assumption: employee only about $10,000 at 4% or $6,667 at 6%; with 50% employer match about $6,667 at 4% or $4,444 at 6%; with 100% employer match about $5,000 at 4% or $3,333 at 6%.
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-25$661,239$10,000$400iApproximate average salary by contribution assumption: employee only about $10,000 at 4% or $6,667 at 6%; with 50% employer match about $6,667 at 4% or $4,444 at 6%; with 100% employer match about $5,000 at 4% or $3,333 at 6%.
2004123$631,437$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-23$631,437--
2003128$615,595$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-28$615,595--
2002130$608,914$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-30$608,914--
2001128$0$0-
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-28---
2000134$906,058$125,000$3,676iApproximate average salary by contribution assumption: employee only about $91,912 at 4% or $61,275 at 6%; with 50% employer match about $61,275 at 4% or $40,850 at 6%; with 100% employer match about $45,956 at 4% or $30,637 at 6%.
Profit Sharing Plan for the Employees of Petty Machine Company Incorporated-34$906,058$125,000$3,676iApproximate average salary by contribution assumption: employee only about $91,912 at 4% or $61,275 at 6%; with 50% employer match about $61,275 at 4% or $40,850 at 6%; with 100% employer match about $45,956 at 4% or $30,637 at 6%.