Civic Intelligence

Faircloth Machine Shop Inc.

Plan context: Faircloth Machine Shop Inc. 401K Plan

EIN 56-1050671 • Winston Salem, NC • 14 filings • 2 plans

2355 Farrington Point DrWinston Salem, NC 27107
Current Snapshot

Latest Year

2024

2024 Participants

18

2024 Assets

$1,215,906

2024 Contributions

$59,863

Historical Graphs

Total Assets Over Time

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

$1,237,133$618,567$0201120182024YearValue
$1,215,906Latest year 2024

Participants Over Time

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

1890201120182024YearValue
18Latest 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
2024118$1,215,906$59,863$3,326iApproximate average salary by contribution assumption: employee only about $83,143 at 4% or $55,429 at 6%; with 50% employer match about $55,429 at 4% or $36,952 at 6%; with 100% employer match about $41,572 at 4% or $27,714 at 6%.
Faircloth Machine Shop Inc. 401K Plan-18$1,215,906$59,863$3,326iApproximate average salary by contribution assumption: employee only about $83,143 at 4% or $55,429 at 6%; with 50% employer match about $55,429 at 4% or $36,952 at 6%; with 100% employer match about $41,572 at 4% or $27,714 at 6%.
2023118$1,237,133$70,662$3,926iApproximate average salary by contribution assumption: employee only about $98,142 at 4% or $65,428 at 6%; with 50% employer match about $65,428 at 4% or $43,619 at 6%; with 100% employer match about $49,071 at 4% or $32,714 at 6%.
Faircloth Machine Shop Inc. 401K Plan-18$1,237,133$70,662$3,926iApproximate average salary by contribution assumption: employee only about $98,142 at 4% or $65,428 at 6%; with 50% employer match about $65,428 at 4% or $43,619 at 6%; with 100% employer match about $49,071 at 4% or $32,714 at 6%.
2022114$1,021,151$68,668$4,905iApproximate average salary by contribution assumption: employee only about $122,621 at 4% or $81,748 at 6%; with 50% employer match about $81,748 at 4% or $54,498 at 6%; with 100% employer match about $61,311 at 4% or $40,874 at 6%.
Faircloth Machine Shop Inc. 401K Plan-14$1,021,151$68,668$4,905iApproximate average salary by contribution assumption: employee only about $122,621 at 4% or $81,748 at 6%; with 50% employer match about $81,748 at 4% or $54,498 at 6%; with 100% employer match about $61,311 at 4% or $40,874 at 6%.
2021111$1,164,265$61,946$5,631iApproximate average salary by contribution assumption: employee only about $140,786 at 4% or $93,858 at 6%; with 50% employer match about $93,858 at 4% or $62,572 at 6%; with 100% employer match about $70,393 at 4% or $46,929 at 6%.
Faircloth Machine Shop Inc. 401K Plan-11$1,164,265$61,946$5,631iApproximate average salary by contribution assumption: employee only about $140,786 at 4% or $93,858 at 6%; with 50% employer match about $93,858 at 4% or $62,572 at 6%; with 100% employer match about $70,393 at 4% or $46,929 at 6%.
2020110$1,021,413$41,317$4,132iApproximate average salary by contribution assumption: employee only about $103,293 at 4% or $68,862 at 6%; with 50% employer match about $68,862 at 4% or $45,908 at 6%; with 100% employer match about $51,646 at 4% or $34,431 at 6%.
Faircloth Machine Shop Inc. 401K Plan-10$1,021,413$41,317$4,132iApproximate average salary by contribution assumption: employee only about $103,293 at 4% or $68,862 at 6%; with 50% employer match about $68,862 at 4% or $45,908 at 6%; with 100% employer match about $51,646 at 4% or $34,431 at 6%.
2019110$893,700$43,183$4,318iApproximate average salary by contribution assumption: employee only about $107,958 at 4% or $71,972 at 6%; with 50% employer match about $71,972 at 4% or $47,981 at 6%; with 100% employer match about $53,979 at 4% or $35,986 at 6%.
Faircloth Machine Shop Inc. 401K Plan-10$893,700$43,183$4,318iApproximate average salary by contribution assumption: employee only about $107,958 at 4% or $71,972 at 6%; with 50% employer match about $71,972 at 4% or $47,981 at 6%; with 100% employer match about $53,979 at 4% or $35,986 at 6%.
2018115$781,081$47,135$3,142iApproximate average salary by contribution assumption: employee only about $78,558 at 4% or $52,372 at 6%; with 50% employer match about $52,372 at 4% or $34,915 at 6%; with 100% employer match about $39,279 at 4% or $26,186 at 6%.
Faircloth Machine Shop Inc. 401K Plan-15$781,081$47,135$3,142iApproximate average salary by contribution assumption: employee only about $78,558 at 4% or $52,372 at 6%; with 50% employer match about $52,372 at 4% or $34,915 at 6%; with 100% employer match about $39,279 at 4% or $26,186 at 6%.
2017112$813,630$52,809$4,401iApproximate average salary by contribution assumption: employee only about $110,019 at 4% or $73,346 at 6%; with 50% employer match about $73,346 at 4% or $48,897 at 6%; with 100% employer match about $55,009 at 4% or $36,673 at 6%.
Faircloth Machine Shop Inc. 401K Plan-12$813,630$52,809$4,401iApproximate average salary by contribution assumption: employee only about $110,019 at 4% or $73,346 at 6%; with 50% employer match about $73,346 at 4% or $48,897 at 6%; with 100% employer match about $55,009 at 4% or $36,673 at 6%.
2016111$666,462$53,012$4,819iApproximate average salary by contribution assumption: employee only about $120,482 at 4% or $80,321 at 6%; with 50% employer match about $80,321 at 4% or $53,547 at 6%; with 100% employer match about $60,241 at 4% or $40,161 at 6%.
Faircloth Machine Shop Inc. 401K Plan-11$666,462$53,012$4,819iApproximate average salary by contribution assumption: employee only about $120,482 at 4% or $80,321 at 6%; with 50% employer match about $80,321 at 4% or $53,547 at 6%; with 100% employer match about $60,241 at 4% or $40,161 at 6%.
2015112$616,083$54,739$4,562iApproximate average salary by contribution assumption: employee only about $114,040 at 4% or $76,026 at 6%; with 50% employer match about $76,026 at 4% or $50,684 at 6%; with 100% employer match about $57,020 at 4% or $38,013 at 6%.
Faircloth Machine Shop Inc. 401K Plan-12$616,083$54,739$4,562iApproximate average salary by contribution assumption: employee only about $114,040 at 4% or $76,026 at 6%; with 50% employer match about $76,026 at 4% or $50,684 at 6%; with 100% employer match about $57,020 at 4% or $38,013 at 6%.
2014113$605,153$52,340$4,026iApproximate average salary by contribution assumption: employee only about $100,654 at 4% or $67,103 at 6%; with 50% employer match about $67,103 at 4% or $44,735 at 6%; with 100% employer match about $50,327 at 4% or $33,551 at 6%.
Faircloth Machine Shop Inc. 401K Plan-13$605,153$52,340$4,026iApproximate average salary by contribution assumption: employee only about $100,654 at 4% or $67,103 at 6%; with 50% employer match about $67,103 at 4% or $44,735 at 6%; with 100% employer match about $50,327 at 4% or $33,551 at 6%.
2013112$551,336$37,228$3,102iApproximate average salary by contribution assumption: employee only about $77,558 at 4% or $51,706 at 6%; with 50% employer match about $51,706 at 4% or $34,470 at 6%; with 100% employer match about $38,779 at 4% or $25,853 at 6%.
Faircloth Machine Shop Inc. 401K Plan-12$551,336$37,228$3,102iApproximate average salary by contribution assumption: employee only about $77,558 at 4% or $51,706 at 6%; with 50% employer match about $51,706 at 4% or $34,470 at 6%; with 100% employer match about $38,779 at 4% or $25,853 at 6%.
2012112$466,526$39,599$3,300iApproximate average salary by contribution assumption: employee only about $82,498 at 4% or $54,999 at 6%; with 50% employer match about $54,999 at 4% or $36,666 at 6%; with 100% employer match about $41,249 at 4% or $27,499 at 6%.
Faircloth Machine Shop Inc. 401K Plan-12$466,526$39,599$3,300iApproximate average salary by contribution assumption: employee only about $82,498 at 4% or $54,999 at 6%; with 50% employer match about $54,999 at 4% or $36,666 at 6%; with 100% employer match about $41,249 at 4% or $27,499 at 6%.
2011111$387,369$401,686$36,517iApproximate average salary by contribution assumption: employee only about $912,923 at 4% or $608,615 at 6%; with 50% employer match about $608,615 at 4% or $405,743 at 6%; with 100% employer match about $456,461 at 4% or $304,308 at 6%.
Faircloth Machine Shop Inc. 401K Plan-11$387,369$401,686$36,517iApproximate average salary by contribution assumption: employee only about $912,923 at 4% or $608,615 at 6%; with 50% employer match about $608,615 at 4% or $405,743 at 6%; with 100% employer match about $456,461 at 4% or $304,308 at 6%.