Civic Intelligence

Gentle Machine & Tool Inc

Plan context: Gentle Machine & Tool Inc. Profit Sharing Plan

EIN 56-1803199 • Mocksville, NC • 9 filings • 1 plans

2716 U.s. 601 N.Mocksville, NC 27028
Current Snapshot

Latest Year

2021

2021 Participants

6

2021 Assets

$300,554

2021 Contributions

$73,750

Historical Graphs

Total Assets Over Time

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

$532,292$266,146$0201320172020YearValue
$300,554Latest year 2020

Participants Over Time

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

630201320172020YearValue
6Latest year 2020

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
202110$0$0-
Gentle Machine & Tool Inc. Profit Sharing Plan-0$0--
202016$300,554$0-
Gentle Machine & Tool Inc. Profit Sharing Plan-6$300,554--
201916$532,292$0-
Gentle Machine & Tool Inc. Profit Sharing Plan-6$532,292--
201816$472,796$73,750$12,292iApproximate average salary by contribution assumption: employee only about $307,292 at 4% or $204,861 at 6%; with 50% employer match about $204,861 at 4% or $136,574 at 6%; with 100% employer match about $153,646 at 4% or $102,431 at 6%.
Gentle Machine & Tool Inc. Profit Sharing Plan-6$472,796$73,750$12,292iApproximate average salary by contribution assumption: employee only about $307,292 at 4% or $204,861 at 6%; with 50% employer match about $204,861 at 4% or $136,574 at 6%; with 100% employer match about $153,646 at 4% or $102,431 at 6%.
201716$426,903$92,495$15,416iApproximate average salary by contribution assumption: employee only about $385,396 at 4% or $256,931 at 6%; with 50% employer match about $256,931 at 4% or $171,287 at 6%; with 100% employer match about $192,698 at 4% or $128,465 at 6%.
Gentle Machine & Tool Inc. Profit Sharing Plan-6$426,903$92,495$15,416iApproximate average salary by contribution assumption: employee only about $385,396 at 4% or $256,931 at 6%; with 50% employer match about $256,931 at 4% or $171,287 at 6%; with 100% employer match about $192,698 at 4% or $128,465 at 6%.
201615$300,295$91,574$18,315iApproximate average salary by contribution assumption: employee only about $457,870 at 4% or $305,247 at 6%; with 50% employer match about $305,247 at 4% or $203,498 at 6%; with 100% employer match about $228,935 at 4% or $152,623 at 6%.
Gentle Machine & Tool Inc. Profit Sharing Plan-5$300,295$91,574$18,315iApproximate average salary by contribution assumption: employee only about $457,870 at 4% or $305,247 at 6%; with 50% employer match about $305,247 at 4% or $203,498 at 6%; with 100% employer match about $228,935 at 4% or $152,623 at 6%.
201515$195,861$84,045$16,809iApproximate average salary by contribution assumption: employee only about $420,225 at 4% or $280,150 at 6%; with 50% employer match about $280,150 at 4% or $186,767 at 6%; with 100% employer match about $210,113 at 4% or $140,075 at 6%.
Gentle Machine & Tool Inc. Profit Sharing Plan-5$195,861$84,045$16,809iApproximate average salary by contribution assumption: employee only about $420,225 at 4% or $280,150 at 6%; with 50% employer match about $280,150 at 4% or $186,767 at 6%; with 100% employer match about $210,113 at 4% or $140,075 at 6%.
201415$118,487$68,543$13,709iApproximate average salary by contribution assumption: employee only about $342,715 at 4% or $228,477 at 6%; with 50% employer match about $228,477 at 4% or $152,318 at 6%; with 100% employer match about $171,358 at 4% or $114,238 at 6%.
Gentle Machine & Tool Inc. Profit Sharing Plan-5$118,487$68,543$13,709iApproximate average salary by contribution assumption: employee only about $342,715 at 4% or $228,477 at 6%; with 50% employer match about $228,477 at 4% or $152,318 at 6%; with 100% employer match about $171,358 at 4% or $114,238 at 6%.
201314$50,618$50,618$12,655iApproximate average salary by contribution assumption: employee only about $316,363 at 4% or $210,908 at 6%; with 50% employer match about $210,908 at 4% or $140,606 at 6%; with 100% employer match about $158,181 at 4% or $105,454 at 6%.
Gentle Machine & Tool Inc. Profit Sharing Plan-4$50,618$50,618$12,655iApproximate average salary by contribution assumption: employee only about $316,363 at 4% or $210,908 at 6%; with 50% employer match about $210,908 at 4% or $140,606 at 6%; with 100% employer match about $158,181 at 4% or $105,454 at 6%.