Civic Intelligence

Granite Hardwoods Inc.

Plan context: Granite Hardwoods Inc. 401K Profit Sharing Plan

EIN 56-0848762 • Granite Falls, NC • 21 filings • 3 plans

P.O. Box 226Granite Falls, NC 28630
Current Snapshot

Latest Year

2023

2023 Participants

11

2023 Assets

$1,856,459

2023 Contributions

$85,887

Historical Graphs

Total Assets Over Time

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

$5,398,598$2,699,299$0200320132022YearValue
$1,856,459Latest year 2022

Participants Over Time

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

33170200320132022YearValue
11Latest year 2022

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
202310$0$0-
Granite Hardwoods Inc. 401K Profit Sharing Plan-0$0--
2022111$1,856,459$85,887$7,808iApproximate average salary by contribution assumption: employee only about $195,198 at 4% or $130,132 at 6%; with 50% employer match about $130,132 at 4% or $86,755 at 6%; with 100% employer match about $97,599 at 4% or $65,066 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-11$1,856,459$85,887$7,808iApproximate average salary by contribution assumption: employee only about $195,198 at 4% or $130,132 at 6%; with 50% employer match about $130,132 at 4% or $86,755 at 6%; with 100% employer match about $97,599 at 4% or $65,066 at 6%.
2021126$5,398,598$92,757$3,568iApproximate average salary by contribution assumption: employee only about $89,189 at 4% or $59,460 at 6%; with 50% employer match about $59,460 at 4% or $39,640 at 6%; with 100% employer match about $44,595 at 4% or $29,730 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-26$5,398,598$92,757$3,568iApproximate average salary by contribution assumption: employee only about $89,189 at 4% or $59,460 at 6%; with 50% employer match about $59,460 at 4% or $39,640 at 6%; with 100% employer match about $44,595 at 4% or $29,730 at 6%.
2020127$5,054,704$103,239$3,824iApproximate average salary by contribution assumption: employee only about $95,592 at 4% or $63,728 at 6%; with 50% employer match about $63,728 at 4% or $42,485 at 6%; with 100% employer match about $47,796 at 4% or $31,864 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-27$5,054,704$103,239$3,824iApproximate average salary by contribution assumption: employee only about $95,592 at 4% or $63,728 at 6%; with 50% employer match about $63,728 at 4% or $42,485 at 6%; with 100% employer match about $47,796 at 4% or $31,864 at 6%.
2019126$4,620,464$105,809$4,070iApproximate average salary by contribution assumption: employee only about $101,739 at 4% or $67,826 at 6%; with 50% employer match about $67,826 at 4% or $45,218 at 6%; with 100% employer match about $50,870 at 4% or $33,913 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-26$4,620,464$105,809$4,070iApproximate average salary by contribution assumption: employee only about $101,739 at 4% or $67,826 at 6%; with 50% employer match about $67,826 at 4% or $45,218 at 6%; with 100% employer match about $50,870 at 4% or $33,913 at 6%.
2018126$3,827,487$107,205$4,123iApproximate average salary by contribution assumption: employee only about $103,082 at 4% or $68,721 at 6%; with 50% employer match about $68,721 at 4% or $45,814 at 6%; with 100% employer match about $51,541 at 4% or $34,361 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-26$3,827,487$107,205$4,123iApproximate average salary by contribution assumption: employee only about $103,082 at 4% or $68,721 at 6%; with 50% employer match about $68,721 at 4% or $45,814 at 6%; with 100% employer match about $51,541 at 4% or $34,361 at 6%.
2017126$3,960,417$103,002$3,962iApproximate average salary by contribution assumption: employee only about $99,040 at 4% or $66,027 at 6%; with 50% employer match about $66,027 at 4% or $44,018 at 6%; with 100% employer match about $49,520 at 4% or $33,013 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-26$3,960,417$103,002$3,962iApproximate average salary by contribution assumption: employee only about $99,040 at 4% or $66,027 at 6%; with 50% employer match about $66,027 at 4% or $44,018 at 6%; with 100% employer match about $49,520 at 4% or $33,013 at 6%.
2016126$3,369,882$97,940$3,767iApproximate average salary by contribution assumption: employee only about $94,173 at 4% or $62,782 at 6%; with 50% employer match about $62,782 at 4% or $41,855 at 6%; with 100% employer match about $47,087 at 4% or $31,391 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-26$3,369,882$97,940$3,767iApproximate average salary by contribution assumption: employee only about $94,173 at 4% or $62,782 at 6%; with 50% employer match about $62,782 at 4% or $41,855 at 6%; with 100% employer match about $47,087 at 4% or $31,391 at 6%.
2015122$3,325,041$152,974$6,953iApproximate average salary by contribution assumption: employee only about $173,834 at 4% or $115,889 at 6%; with 50% employer match about $115,889 at 4% or $77,260 at 6%; with 100% employer match about $86,917 at 4% or $57,945 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-22$3,325,041$152,974$6,953iApproximate average salary by contribution assumption: employee only about $173,834 at 4% or $115,889 at 6%; with 50% employer match about $115,889 at 4% or $77,260 at 6%; with 100% employer match about $86,917 at 4% or $57,945 at 6%.
2014122$3,254,622$90,661$4,121iApproximate average salary by contribution assumption: employee only about $103,024 at 4% or $68,683 at 6%; with 50% employer match about $68,683 at 4% or $45,788 at 6%; with 100% employer match about $51,512 at 4% or $34,341 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-22$3,254,622$90,661$4,121iApproximate average salary by contribution assumption: employee only about $103,024 at 4% or $68,683 at 6%; with 50% employer match about $68,683 at 4% or $45,788 at 6%; with 100% employer match about $51,512 at 4% or $34,341 at 6%.
2013124$3,026,258$73,768$3,074iApproximate average salary by contribution assumption: employee only about $76,842 at 4% or $51,228 at 6%; with 50% employer match about $51,228 at 4% or $34,152 at 6%; with 100% employer match about $38,421 at 4% or $25,614 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-24$3,026,258$73,768$3,074iApproximate average salary by contribution assumption: employee only about $76,842 at 4% or $51,228 at 6%; with 50% employer match about $51,228 at 4% or $34,152 at 6%; with 100% employer match about $38,421 at 4% or $25,614 at 6%.
2012124$2,621,014$65,995$2,750iApproximate average salary by contribution assumption: employee only about $68,745 at 4% or $45,830 at 6%; with 50% employer match about $45,830 at 4% or $30,553 at 6%; with 100% employer match about $34,372 at 4% or $22,915 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-24$2,621,014$65,995$2,750iApproximate average salary by contribution assumption: employee only about $68,745 at 4% or $45,830 at 6%; with 50% employer match about $45,830 at 4% or $30,553 at 6%; with 100% employer match about $34,372 at 4% or $22,915 at 6%.
2011124$2,519,702$69,565$2,899iApproximate average salary by contribution assumption: employee only about $72,464 at 4% or $48,309 at 6%; with 50% employer match about $48,309 at 4% or $32,206 at 6%; with 100% employer match about $36,232 at 4% or $24,155 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-24$2,519,702$69,565$2,899iApproximate average salary by contribution assumption: employee only about $72,464 at 4% or $48,309 at 6%; with 50% employer match about $48,309 at 4% or $32,206 at 6%; with 100% employer match about $36,232 at 4% or $24,155 at 6%.
2010125$2,494,299$72,472$2,899iApproximate average salary by contribution assumption: employee only about $72,472 at 4% or $48,315 at 6%; with 50% employer match about $48,315 at 4% or $32,210 at 6%; with 100% employer match about $36,236 at 4% or $24,157 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-25$2,494,299$72,472$2,899iApproximate average salary by contribution assumption: employee only about $72,472 at 4% or $48,315 at 6%; with 50% employer match about $48,315 at 4% or $32,210 at 6%; with 100% employer match about $36,236 at 4% or $24,157 at 6%.
2009130$2,212,288$77,204$2,573iApproximate average salary by contribution assumption: employee only about $64,337 at 4% or $42,891 at 6%; with 50% employer match about $42,891 at 4% or $28,594 at 6%; with 100% employer match about $32,168 at 4% or $21,446 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-30$2,212,288$77,204$2,573iApproximate average salary by contribution assumption: employee only about $64,337 at 4% or $42,891 at 6%; with 50% employer match about $42,891 at 4% or $28,594 at 6%; with 100% employer match about $32,168 at 4% or $21,446 at 6%.
2008132$1,684,953$93,207$2,913iApproximate average salary by contribution assumption: employee only about $72,818 at 4% or $48,545 at 6%; with 50% employer match about $48,545 at 4% or $32,364 at 6%; with 100% employer match about $36,409 at 4% or $24,273 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-32$1,684,953$93,207$2,913iApproximate average salary by contribution assumption: employee only about $72,818 at 4% or $48,545 at 6%; with 50% employer match about $48,545 at 4% or $32,364 at 6%; with 100% employer match about $36,409 at 4% or $24,273 at 6%.
2007130$0$0-
Granite Hardwoods Inc. 401K Profit Sharing Plan-30---
2006131$2,198,966$159,103$5,132iApproximate average salary by contribution assumption: employee only about $128,309 at 4% or $85,539 at 6%; with 50% employer match about $85,539 at 4% or $57,026 at 6%; with 100% employer match about $64,154 at 4% or $42,770 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-31$2,198,966$159,103$5,132iApproximate average salary by contribution assumption: employee only about $128,309 at 4% or $85,539 at 6%; with 50% employer match about $85,539 at 4% or $57,026 at 6%; with 100% employer match about $64,154 at 4% or $42,770 at 6%.
2005131$1,874,961$163,485$5,274iApproximate average salary by contribution assumption: employee only about $131,843 at 4% or $87,895 at 6%; with 50% employer match about $87,895 at 4% or $58,597 at 6%; with 100% employer match about $65,921 at 4% or $43,948 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-31$1,874,961$163,485$5,274iApproximate average salary by contribution assumption: employee only about $131,843 at 4% or $87,895 at 6%; with 50% employer match about $87,895 at 4% or $58,597 at 6%; with 100% employer match about $65,921 at 4% or $43,948 at 6%.
2004133$1,662,664$110,854$3,359iApproximate average salary by contribution assumption: employee only about $83,980 at 4% or $55,987 at 6%; with 50% employer match about $55,987 at 4% or $37,325 at 6%; with 100% employer match about $41,990 at 4% or $27,993 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-33$1,662,664$110,854$3,359iApproximate average salary by contribution assumption: employee only about $83,980 at 4% or $55,987 at 6%; with 50% employer match about $55,987 at 4% or $37,325 at 6%; with 100% employer match about $41,990 at 4% or $27,993 at 6%.
2003130$1,434,565$85,440$2,848iApproximate average salary by contribution assumption: employee only about $71,200 at 4% or $47,467 at 6%; with 50% employer match about $47,467 at 4% or $31,644 at 6%; with 100% employer match about $35,600 at 4% or $23,733 at 6%.
Granite Hardwoods Inc. 401K Profit Sharing Plan-30$1,434,565$85,440$2,848iApproximate average salary by contribution assumption: employee only about $71,200 at 4% or $47,467 at 6%; with 50% employer match about $47,467 at 4% or $31,644 at 6%; with 100% employer match about $35,600 at 4% or $23,733 at 6%.