Independent Tool Inc.
Plan context: Independent Tool Inc Profit Sharing Plan
EIN 61-0968965 • 12 filings • 4 plans
Current Snapshot
Latest Year
2008
2008 Participants
4
2008 Assets
$984,972
2008 Contributions
$10,000
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2008 | 1 | 4 | $984,972 | $0 | - |
| Independent Tool Inc Profit Sharing Plan | - | 4 | $984,972 | - | - |
| 2007 | 1 | 5 | $1,790,782 | $0 | - |
| Independent Tool Inc Profit Sharing Plan | - | 5 | $1,790,782 | - | - |
| 2006 | 1 | 6 | $1,606,180 | $10,000 | $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%. |
| Independent Tool Inc Profit Sharing Plan | - | 6 | $1,606,180 | $10,000 | $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%. |
| 2005 | 1 | 6 | $1,377,139 | $46,000 | $7,667iApproximate average salary by contribution assumption: employee only about $191,667 at 4% or $127,778 at 6%; with 50% employer match about $127,778 at 4% or $85,185 at 6%; with 100% employer match about $95,833 at 4% or $63,889 at 6%. |
| Independent Tool Inc Profit Sharing Plan | - | 6 | $1,377,139 | $46,000 | $7,667iApproximate average salary by contribution assumption: employee only about $191,667 at 4% or $127,778 at 6%; with 50% employer match about $127,778 at 4% or $85,185 at 6%; with 100% employer match about $95,833 at 4% or $63,889 at 6%. |
| 2004 | 1 | 6 | $1,231,665 | $0 | - |
| Independent Tool Inc Profit Sharing Plan | - | 6 | $1,231,665 | - | - |
| 2003 | 1 | 7 | $1,113,594 | $0 | - |
| Independent Tool Inc Profit Sharing Plan | - | 7 | $1,113,594 | - | - |
| 2002 | 1 | 6 | $870,525 | $0 | - |
| Independent Tool Inc Profit Sharing Plan | - | 6 | $870,525 | - | - |
| 2001 | 1 | 7 | $1,064,777 | $0 | - |
| Independent Tool Inc Profit Sharing Plan | - | 7 | $1,064,777 | - | - |
| 2000 | 2 | 6 | $1,139,739 | $173,195 | $28,866iApproximate average salary by contribution assumption: employee only about $721,646 at 4% or $481,097 at 6%; with 50% employer match about $481,097 at 4% or $320,731 at 6%; with 100% employer match about $360,823 at 4% or $240,549 at 6%. |
| Independent Tool Inc Profit Sharing Plan | - | 6 | $1,139,739 | $173,195 | $28,866iApproximate average salary by contribution assumption: employee only about $721,646 at 4% or $481,097 at 6%; with 50% employer match about $481,097 at 4% or $320,731 at 6%; with 100% employer match about $360,823 at 4% or $240,549 at 6%. |
| Independent Tool Inc. Money Purchase Pension Plan | - | 6 | - | - | - |
| 1999 | 2 | 6 | $1,216,246 | $20,531 | $3,422iApproximate average salary by contribution assumption: employee only about $85,546 at 4% or $57,031 at 6%; with 50% employer match about $57,031 at 4% or $38,020 at 6%; with 100% employer match about $42,773 at 4% or $28,515 at 6%. |
| Independent Tool Inc Profit Sharing Plan | - | 6 | $1,036,728 | - | - |
| Independent Tool Inc. Money Purchase Pension Plan | - | 6 | $179,518 | $20,531 | $3,422iApproximate average salary by contribution assumption: employee only about $85,546 at 4% or $57,031 at 6%; with 50% employer match about $57,031 at 4% or $38,020 at 6%; with 100% employer match about $42,773 at 4% or $28,515 at 6%. |