Civic Intelligence

MACHINE SPECIALITIES, INC

Plan context: Machine Specialties Inc 401K Profit Sharing Plan & Trust

EIN 56-0939724 • Whitsett, NC • 40 filings • 12 plans

6511 Franz Warner ParkwayWhitsett, NC 27377
Current Snapshot

Latest Year

2024

2024 Participants

352

2024 Assets

$16,596,275

2024 Contributions

$2,182,006

Historical Graphs

Total Assets Over Time

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

$16,596,275$8,298,138$0199920152024YearValue
$16,596,275Latest year 2024

Participants Over Time

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

3521760199920142024YearValue
352Latest 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
20242352$16,596,275$2,182,006$6,199iApproximate average salary by contribution assumption: employee only about $154,972 at 4% or $103,315 at 6%; with 50% employer match about $103,315 at 4% or $68,876 at 6%; with 100% employer match about $77,486 at 4% or $51,657 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-303$16,596,275$2,182,006$7,201iApproximate average salary by contribution assumption: employee only about $180,033 at 4% or $120,022 at 6%; with 50% employer match about $120,022 at 4% or $80,015 at 6%; with 100% employer match about $90,017 at 4% or $60,011 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-352---
20232303$14,770,202$1,723,455$5,688iApproximate average salary by contribution assumption: employee only about $142,199 at 4% or $94,800 at 6%; with 50% employer match about $94,800 at 4% or $63,200 at 6%; with 100% employer match about $71,100 at 4% or $47,400 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-303$14,770,202$1,723,455$5,688iApproximate average salary by contribution assumption: employee only about $142,199 at 4% or $94,800 at 6%; with 50% employer match about $94,800 at 4% or $63,200 at 6%; with 100% employer match about $71,100 at 4% or $47,400 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-295---
20222306$12,272,301$1,410,673$4,610iApproximate average salary by contribution assumption: employee only about $115,251 at 4% or $76,834 at 6%; with 50% employer match about $76,834 at 4% or $51,223 at 6%; with 100% employer match about $57,626 at 4% or $38,417 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-306$12,272,301$1,410,673$4,610iApproximate average salary by contribution assumption: employee only about $115,251 at 4% or $76,834 at 6%; with 50% employer match about $76,834 at 4% or $51,223 at 6%; with 100% employer match about $57,626 at 4% or $38,417 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-215---
20212267$15,554,563$1,194,797$4,475iApproximate average salary by contribution assumption: employee only about $111,872 at 4% or $74,582 at 6%; with 50% employer match about $74,582 at 4% or $49,721 at 6%; with 100% employer match about $55,936 at 4% or $37,291 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-267$15,554,563$1,194,797$4,475iApproximate average salary by contribution assumption: employee only about $111,872 at 4% or $74,582 at 6%; with 50% employer match about $74,582 at 4% or $49,721 at 6%; with 100% employer match about $55,936 at 4% or $37,291 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-179---
20202272$13,571,362$1,560,933$5,739iApproximate average salary by contribution assumption: employee only about $143,468 at 4% or $95,645 at 6%; with 50% employer match about $95,645 at 4% or $63,764 at 6%; with 100% employer match about $71,734 at 4% or $47,823 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-272$13,571,362$1,560,933$5,739iApproximate average salary by contribution assumption: employee only about $143,468 at 4% or $95,645 at 6%; with 50% employer match about $95,645 at 4% or $63,764 at 6%; with 100% employer match about $71,734 at 4% or $47,823 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-193---
20192230$12,924,964$980,255$4,262iApproximate average salary by contribution assumption: employee only about $106,549 at 4% or $71,033 at 6%; with 50% employer match about $71,033 at 4% or $47,355 at 6%; with 100% employer match about $53,275 at 4% or $35,516 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-230$12,924,964$980,255$4,262iApproximate average salary by contribution assumption: employee only about $106,549 at 4% or $71,033 at 6%; with 50% employer match about $71,033 at 4% or $47,355 at 6%; with 100% employer match about $53,275 at 4% or $35,516 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-178---
20182212$9,894,170$905,819$4,273iApproximate average salary by contribution assumption: employee only about $106,818 at 4% or $71,212 at 6%; with 50% employer match about $71,212 at 4% or $47,475 at 6%; with 100% employer match about $53,409 at 4% or $35,606 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-212$9,894,170$905,819$4,273iApproximate average salary by contribution assumption: employee only about $106,818 at 4% or $71,212 at 6%; with 50% employer match about $71,212 at 4% or $47,475 at 6%; with 100% employer match about $53,409 at 4% or $35,606 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-210---
20172163$9,957,364$779,628$4,783iApproximate average salary by contribution assumption: employee only about $119,575 at 4% or $79,717 at 6%; with 50% employer match about $79,717 at 4% or $53,144 at 6%; with 100% employer match about $59,787 at 4% or $39,858 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-163$9,957,364$779,628$4,783iApproximate average salary by contribution assumption: employee only about $119,575 at 4% or $79,717 at 6%; with 50% employer match about $79,717 at 4% or $53,144 at 6%; with 100% employer match about $59,787 at 4% or $39,858 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-146---
20162155$8,055,499$707,247$4,563iApproximate average salary by contribution assumption: employee only about $114,072 at 4% or $76,048 at 6%; with 50% employer match about $76,048 at 4% or $50,699 at 6%; with 100% employer match about $57,036 at 4% or $38,024 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-155$8,055,499$707,247$4,563iApproximate average salary by contribution assumption: employee only about $114,072 at 4% or $76,048 at 6%; with 50% employer match about $76,048 at 4% or $50,699 at 6%; with 100% employer match about $57,036 at 4% or $38,024 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-132---
20153156$14,020,574$1,622,574$10,401iApproximate average salary by contribution assumption: employee only about $260,028 at 4% or $173,352 at 6%; with 50% employer match about $173,352 at 4% or $115,568 at 6%; with 100% employer match about $130,014 at 4% or $86,676 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-156$7,010,287$811,287$5,201iApproximate average salary by contribution assumption: employee only about $130,014 at 4% or $86,676 at 6%; with 50% employer match about $86,676 at 4% or $57,784 at 6%; with 100% employer match about $65,007 at 4% or $43,338 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-156$7,010,287$811,287$5,201iApproximate average salary by contribution assumption: employee only about $130,014 at 4% or $86,676 at 6%; with 50% employer match about $86,676 at 4% or $57,784 at 6%; with 100% employer match about $65,007 at 4% or $43,338 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-142---
20142159$6,536,011$855,852$5,383iApproximate average salary by contribution assumption: employee only about $134,568 at 4% or $89,712 at 6%; with 50% employer match about $89,712 at 4% or $59,808 at 6%; with 100% employer match about $67,284 at 4% or $44,856 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-144$6,536,011$855,852$5,943iApproximate average salary by contribution assumption: employee only about $148,585 at 4% or $99,057 at 6%; with 50% employer match about $99,057 at 4% or $66,038 at 6%; with 100% employer match about $74,293 at 4% or $49,528 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-159---
20132221$5,568,565$657,924$2,977iApproximate average salary by contribution assumption: employee only about $74,426 at 4% or $49,617 at 6%; with 50% employer match about $49,617 at 4% or $33,078 at 6%; with 100% employer match about $37,213 at 4% or $24,809 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-128$5,568,565$657,924$5,140iApproximate average salary by contribution assumption: employee only about $128,501 at 4% or $85,667 at 6%; with 50% employer match about $85,667 at 4% or $57,111 at 6%; with 100% employer match about $64,250 at 4% or $42,834 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-221---
20122268$4,527,462$549,907$2,052iApproximate average salary by contribution assumption: employee only about $51,297 at 4% or $34,198 at 6%; with 50% employer match about $34,198 at 4% or $22,799 at 6%; with 100% employer match about $25,649 at 4% or $17,099 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-130$4,527,462$549,907$4,230iApproximate average salary by contribution assumption: employee only about $105,751 at 4% or $70,501 at 6%; with 50% employer match about $70,501 at 4% or $47,001 at 6%; with 100% employer match about $52,876 at 4% or $35,250 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-268---
20112154$4,005,121$545,289$3,541iApproximate average salary by contribution assumption: employee only about $88,521 at 4% or $59,014 at 6%; with 50% employer match about $59,014 at 4% or $39,343 at 6%; with 100% employer match about $44,260 at 4% or $29,507 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-154$4,005,121$545,289$3,541iApproximate average salary by contribution assumption: employee only about $88,521 at 4% or $59,014 at 6%; with 50% employer match about $59,014 at 4% or $39,343 at 6%; with 100% employer match about $44,260 at 4% or $29,507 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-140---
20102288$3,960,186$484,442$1,682iApproximate average salary by contribution assumption: employee only about $42,052 at 4% or $28,035 at 6%; with 50% employer match about $28,035 at 4% or $18,690 at 6%; with 100% employer match about $21,026 at 4% or $14,017 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-92$3,960,186$484,442$5,266iApproximate average salary by contribution assumption: employee only about $131,642 at 4% or $87,761 at 6%; with 50% employer match about $87,761 at 4% or $58,507 at 6%; with 100% employer match about $65,821 at 4% or $43,881 at 6%.
Machine Specialties Inc. Employee Welfare Benefit Plan-288---
20094109$3,387,774$530,347$4,866iApproximate average salary by contribution assumption: employee only about $121,639 at 4% or $81,093 at 6%; with 50% employer match about $81,093 at 4% or $54,062 at 6%; with 100% employer match about $60,820 at 4% or $40,546 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-79$3,387,774$530,347$6,713iApproximate average salary by contribution assumption: employee only about $167,831 at 4% or $111,888 at 6%; with 50% employer match about $111,888 at 4% or $74,592 at 6%; with 100% employer match about $83,916 at 4% or $55,944 at 6%.
MACHINE SPECIALTIES MEDICAL PLAN-103---
MACHINE SPECIALTIES DENTAL PLAN-109---
MACHINE SPECIALTIES WELFARE PLAN-105---
2007189$2,727,388$295,847$3,324iApproximate average salary by contribution assumption: employee only about $83,103 at 4% or $55,402 at 6%; with 50% employer match about $55,402 at 4% or $36,935 at 6%; with 100% employer match about $41,552 at 4% or $27,701 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-89$2,727,388$295,847$3,324iApproximate average salary by contribution assumption: employee only about $83,103 at 4% or $55,402 at 6%; with 50% employer match about $55,402 at 4% or $36,935 at 6%; with 100% employer match about $41,552 at 4% or $27,701 at 6%.
2005152$2,166,766$253,865$4,882iApproximate average salary by contribution assumption: employee only about $122,050 at 4% or $81,367 at 6%; with 50% employer match about $81,367 at 4% or $54,245 at 6%; with 100% employer match about $61,025 at 4% or $40,683 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-52$2,166,766$253,865$4,882iApproximate average salary by contribution assumption: employee only about $122,050 at 4% or $81,367 at 6%; with 50% employer match about $81,367 at 4% or $54,245 at 6%; with 100% employer match about $61,025 at 4% or $40,683 at 6%.
2001137$1,313,356$205,815$5,563iApproximate average salary by contribution assumption: employee only about $139,064 at 4% or $92,709 at 6%; with 50% employer match about $92,709 at 4% or $61,806 at 6%; with 100% employer match about $69,532 at 4% or $46,355 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-37$1,313,356$205,815$5,563iApproximate average salary by contribution assumption: employee only about $139,064 at 4% or $92,709 at 6%; with 50% employer match about $92,709 at 4% or $61,806 at 6%; with 100% employer match about $69,532 at 4% or $46,355 at 6%.
2000138$0$0-
Machine Specialties Inc 401K Profit Sharing Plan & Trust-38---
1999133$933,446$211,383$6,406iApproximate average salary by contribution assumption: employee only about $160,139 at 4% or $106,759 at 6%; with 50% employer match about $106,759 at 4% or $71,173 at 6%; with 100% employer match about $80,069 at 4% or $53,380 at 6%.
Machine Specialties Inc 401K Profit Sharing Plan & Trust-33$933,446$211,383$6,406iApproximate average salary by contribution assumption: employee only about $160,139 at 4% or $106,759 at 6%; with 50% employer match about $106,759 at 4% or $71,173 at 6%; with 100% employer match about $80,069 at 4% or $53,380 at 6%.