Civic Intelligence

FORTNA SYSTEMS, INC.

Plan context: Material Handling Systems Inc. 401(K) Profit Sharing Plan

EIN 61-1350369 • Mt. Washington, KY • 53 filings • 15 plans

131 Griffin WayMt. Washington, KY 40047
Current Snapshot

Latest Year

2025

2025 Participants

1,761

2025 Assets

$148,496,741

2025 Contributions

$24,332,383

Historical Graphs

Total Assets Over Time

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

$420,133,804$210,066,902$0200020132024YearValue
$148,496,741Latest year 2024

Participants Over Time

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

2,3661,1830200020132025YearValue
1,761Latest year 2025

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
202511,761$0$0-
Material Handling Systems Inc. Welfare Benefit Plan-1,761---
202431,822$148,496,741$24,332,383$13,355iApproximate average salary by contribution assumption: employee only about $333,869 at 4% or $222,579 at 6%; with 50% employer match about $222,579 at 4% or $148,386 at 6%; with 100% employer match about $166,935 at 4% or $111,290 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-1,822$148,007,632$24,332,383$13,355iApproximate average salary by contribution assumption: employee only about $333,869 at 4% or $222,579 at 6%; with 50% employer match about $222,579 at 4% or $148,386 at 6%; with 100% employer match about $166,935 at 4% or $111,290 at 6%.
MATERIAL HANDLING SYSTEMS, INC. SAVINGS AND INVESTMENT PLAN-73$489,109--
Material Handling Systems Inc. Welfare Benefit Plan-1,794---
202321,733$146,638,729$30,563,829$17,636iApproximate average salary by contribution assumption: employee only about $440,909 at 4% or $293,939 at 6%; with 50% employer match about $293,939 at 4% or $195,960 at 6%; with 100% employer match about $220,455 at 4% or $146,970 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-1,733$146,638,729$30,563,829$17,636iApproximate average salary by contribution assumption: employee only about $440,909 at 4% or $293,939 at 6%; with 50% employer match about $293,939 at 4% or $195,960 at 6%; with 100% employer match about $220,455 at 4% or $146,970 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-1,723---
202222,366$97,240,213$31,049,258$13,123iApproximate average salary by contribution assumption: employee only about $328,078 at 4% or $218,718 at 6%; with 50% employer match about $218,718 at 4% or $145,812 at 6%; with 100% employer match about $164,039 at 4% or $109,359 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-2,366$97,240,213$31,049,258$13,123iApproximate average salary by contribution assumption: employee only about $328,078 at 4% or $218,718 at 6%; with 50% employer match about $218,718 at 4% or $145,812 at 6%; with 100% employer match about $164,039 at 4% or $109,359 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-1,855---
202121,909$94,790,566$26,304,777$13,779iApproximate average salary by contribution assumption: employee only about $344,484 at 4% or $229,656 at 6%; with 50% employer match about $229,656 at 4% or $153,104 at 6%; with 100% employer match about $172,242 at 4% or $114,828 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-1,909$94,790,566$26,304,777$13,779iApproximate average salary by contribution assumption: employee only about $344,484 at 4% or $229,656 at 6%; with 50% employer match about $229,656 at 4% or $153,104 at 6%; with 100% employer match about $172,242 at 4% or $114,828 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-1,904---
202021,242$68,823,496$24,916,216$20,061iApproximate average salary by contribution assumption: employee only about $501,534 at 4% or $334,356 at 6%; with 50% employer match about $334,356 at 4% or $222,904 at 6%; with 100% employer match about $250,767 at 4% or $167,178 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-1,242$68,823,496$24,916,216$20,061iApproximate average salary by contribution assumption: employee only about $501,534 at 4% or $334,356 at 6%; with 50% employer match about $334,356 at 4% or $222,904 at 6%; with 100% employer match about $250,767 at 4% or $167,178 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-1,185---
201921,133$42,932,654$20,996,929$18,532iApproximate average salary by contribution assumption: employee only about $463,304 at 4% or $308,869 at 6%; with 50% employer match about $308,869 at 4% or $205,913 at 6%; with 100% employer match about $231,652 at 4% or $154,435 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-1,126$42,932,654$20,996,929$18,647iApproximate average salary by contribution assumption: employee only about $466,184 at 4% or $310,789 at 6%; with 50% employer match about $310,789 at 4% or $207,193 at 6%; with 100% employer match about $233,092 at 4% or $155,395 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-1,133---
20182902$19,451,314$9,308,845$10,320iApproximate average salary by contribution assumption: employee only about $258,006 at 4% or $172,004 at 6%; with 50% employer match about $172,004 at 4% or $114,669 at 6%; with 100% employer match about $129,003 at 4% or $86,002 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-902$19,451,314$9,308,845$10,320iApproximate average salary by contribution assumption: employee only about $258,006 at 4% or $172,004 at 6%; with 50% employer match about $172,004 at 4% or $114,669 at 6%; with 100% employer match about $129,003 at 4% or $86,002 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-772---
20173454$420,133,804$4,827,108$10,632iApproximate average salary by contribution assumption: employee only about $265,810 at 4% or $177,207 at 6%; with 50% employer match about $177,207 at 4% or $118,138 at 6%; with 100% employer match about $132,905 at 4% or $88,603 at 6%.
Material Handling Systems Inc Employee Stock Ownership Plan-232$405,624,544$631,356$2,721iApproximate average salary by contribution assumption: employee only about $68,034 at 4% or $45,356 at 6%; with 50% employer match about $45,356 at 4% or $30,237 at 6%; with 100% employer match about $34,017 at 4% or $22,678 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-454$14,509,260$4,195,752$9,242iApproximate average salary by contribution assumption: employee only about $231,044 at 4% or $154,029 at 6%; with 50% employer match about $154,029 at 4% or $102,686 at 6%; with 100% employer match about $115,522 at 4% or $77,015 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-400---
20163286$413,327,395$3,568,473$12,477iApproximate average salary by contribution assumption: employee only about $311,929 at 4% or $207,953 at 6%; with 50% employer match about $207,953 at 4% or $138,635 at 6%; with 100% employer match about $155,965 at 4% or $103,976 at 6%.
Material Handling Systems Inc Employee Stock Ownership Plan-191$403,753,000$1,641,867$8,596iApproximate average salary by contribution assumption: employee only about $214,904 at 4% or $143,269 at 6%; with 50% employer match about $143,269 at 4% or $95,513 at 6%; with 100% employer match about $107,452 at 4% or $71,635 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-286$9,574,395$1,926,606$6,736iApproximate average salary by contribution assumption: employee only about $168,410 at 4% or $112,273 at 6%; with 50% employer match about $112,273 at 4% or $74,849 at 6%; with 100% employer match about $84,205 at 4% or $56,137 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-283---
20153316$100,940,444$2,594,777$8,211iApproximate average salary by contribution assumption: employee only about $205,283 at 4% or $136,855 at 6%; with 50% employer match about $136,855 at 4% or $91,237 at 6%; with 100% employer match about $102,641 at 4% or $68,428 at 6%.
Material Handling Systems Inc Employee Stock Ownership Plan-138$94,157,000$1,192,685$8,643iApproximate average salary by contribution assumption: employee only about $216,066 at 4% or $144,044 at 6%; with 50% employer match about $144,044 at 4% or $96,029 at 6%; with 100% employer match about $108,033 at 4% or $72,022 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-316$6,783,444$1,402,092$4,437iApproximate average salary by contribution assumption: employee only about $110,925 at 4% or $73,950 at 6%; with 50% employer match about $73,950 at 4% or $49,300 at 6%; with 100% employer match about $55,463 at 4% or $36,975 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-284---
20143225$80,526,946$1,447,184$6,432iApproximate average salary by contribution assumption: employee only about $160,798 at 4% or $107,199 at 6%; with 50% employer match about $107,199 at 4% or $71,466 at 6%; with 100% employer match about $80,399 at 4% or $53,599 at 6%.
Material Handling Systems Inc Employee Stock Ownership Plan-125$75,266,034$871,356$6,971iApproximate average salary by contribution assumption: employee only about $174,271 at 4% or $116,181 at 6%; with 50% employer match about $116,181 at 4% or $77,454 at 6%; with 100% employer match about $87,136 at 4% or $58,090 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-221$5,260,912$575,828$2,606iApproximate average salary by contribution assumption: employee only about $65,139 at 4% or $43,426 at 6%; with 50% employer match about $43,426 at 4% or $28,951 at 6%; with 100% employer match about $32,569 at 4% or $21,713 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-225---
20133186$29,742,494$1,098,477$5,906iApproximate average salary by contribution assumption: employee only about $147,645 at 4% or $98,430 at 6%; with 50% employer match about $98,430 at 4% or $65,620 at 6%; with 100% employer match about $73,822 at 4% or $49,215 at 6%.
Material Handling Systems Inc Employee Stock Ownership Plan-118$25,123,949$631,356$5,350iApproximate average salary by contribution assumption: employee only about $133,762 at 4% or $89,175 at 6%; with 50% employer match about $89,175 at 4% or $59,450 at 6%; with 100% employer match about $66,881 at 4% or $44,587 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-171$4,618,545$467,121$2,732iApproximate average salary by contribution assumption: employee only about $68,293 at 4% or $45,528 at 6%; with 50% employer match about $45,528 at 4% or $30,352 at 6%; with 100% employer match about $34,146 at 4% or $22,764 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-186---
20123330$11,357,850$1,257,322$3,810iApproximate average salary by contribution assumption: employee only about $95,252 at 4% or $63,501 at 6%; with 50% employer match about $63,501 at 4% or $42,334 at 6%; with 100% employer match about $47,626 at 4% or $31,751 at 6%.
Material Handling Systems Inc Employee Stock Ownership Plan-89$7,992,104$661,356$7,431iApproximate average salary by contribution assumption: employee only about $185,774 at 4% or $123,849 at 6%; with 50% employer match about $123,849 at 4% or $82,566 at 6%; with 100% employer match about $92,887 at 4% or $61,925 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-153$3,365,746$595,966$3,895iApproximate average salary by contribution assumption: employee only about $97,380 at 4% or $64,920 at 6%; with 50% employer match about $64,920 at 4% or $43,280 at 6%; with 100% employer match about $48,690 at 4% or $32,460 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-330---
20113330$4,482,501$904,615$2,741iApproximate average salary by contribution assumption: employee only about $68,531 at 4% or $45,688 at 6%; with 50% employer match about $45,688 at 4% or $30,458 at 6%; with 100% employer match about $34,266 at 4% or $22,844 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-119$2,645,273$253,259$2,128iApproximate average salary by contribution assumption: employee only about $53,206 at 4% or $35,470 at 6%; with 50% employer match about $35,470 at 4% or $23,647 at 6%; with 100% employer match about $26,603 at 4% or $17,735 at 6%.
Material Handling Systems Inc Employee Stock Ownership Plan-67$1,837,228$651,356$9,722iApproximate average salary by contribution assumption: employee only about $243,043 at 4% or $162,029 at 6%; with 50% employer match about $162,029 at 4% or $108,019 at 6%; with 100% employer match about $121,522 at 4% or $81,014 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-330---
20103240$4,984,166$923,660$3,849iApproximate average salary by contribution assumption: employee only about $96,215 at 4% or $64,143 at 6%; with 50% employer match about $64,143 at 4% or $42,762 at 6%; with 100% employer match about $48,107 at 4% or $32,072 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-53$2,590,166$292,303$5,515iApproximate average salary by contribution assumption: employee only about $137,879 at 4% or $91,919 at 6%; with 50% employer match about $91,919 at 4% or $61,279 at 6%; with 100% employer match about $68,939 at 4% or $45,960 at 6%.
Material Handling Systems Inc Employee Stock Ownership Plan-43$2,394,000$631,357$14,683iApproximate average salary by contribution assumption: employee only about $367,068 at 4% or $244,712 at 6%; with 50% employer match about $244,712 at 4% or $163,141 at 6%; with 100% employer match about $183,534 at 4% or $122,356 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-240---
20094219$6,121,712$801,760$3,661iApproximate average salary by contribution assumption: employee only about $91,525 at 4% or $61,017 at 6%; with 50% employer match about $61,017 at 4% or $40,678 at 6%; with 100% employer match about $45,763 at 4% or $30,508 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-55$2,117,712$275,628$5,011iApproximate average salary by contribution assumption: employee only about $125,285 at 4% or $83,524 at 6%; with 50% employer match about $83,524 at 4% or $55,682 at 6%; with 100% employer match about $62,643 at 4% or $41,762 at 6%.
MATERIAL HANDLING SYSTEMS, INC EMPLOYEE STOCK OWNERSHIP PLAN-64$2,002,000$263,066$4,110iApproximate average salary by contribution assumption: employee only about $102,760 at 4% or $68,507 at 6%; with 50% employer match about $68,507 at 4% or $45,671 at 6%; with 100% employer match about $51,380 at 4% or $34,253 at 6%.
Material Handling Systems Inc Employee Stock Ownership Plan-64$2,002,000$263,066$4,110iApproximate average salary by contribution assumption: employee only about $102,760 at 4% or $68,507 at 6%; with 50% employer match about $68,507 at 4% or $45,671 at 6%; with 100% employer match about $51,380 at 4% or $34,253 at 6%.
Material Handling Systems Inc. Welfare Benefit Plan-219---
20082136$3,635,999$753,085$5,537iApproximate average salary by contribution assumption: employee only about $138,435 at 4% or $92,290 at 6%; with 50% employer match about $92,290 at 4% or $61,527 at 6%; with 100% employer match about $69,217 at 4% or $46,145 at 6%.
Material Handling Systems Inc Employee Stock Ownership Plan-64$2,002,000$263,066$4,110iApproximate average salary by contribution assumption: employee only about $102,760 at 4% or $68,507 at 6%; with 50% employer match about $68,507 at 4% or $45,671 at 6%; with 100% employer match about $51,380 at 4% or $34,253 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-136$1,633,999$490,019$3,603iApproximate average salary by contribution assumption: employee only about $90,077 at 4% or $60,051 at 6%; with 50% employer match about $60,051 at 4% or $40,034 at 6%; with 100% employer match about $45,039 at 4% or $30,026 at 6%.
20071104$1,891,143$519,804$4,998iApproximate average salary by contribution assumption: employee only about $124,953 at 4% or $83,302 at 6%; with 50% employer match about $83,302 at 4% or $55,535 at 6%; with 100% employer match about $62,476 at 4% or $41,651 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-104$1,891,143$519,804$4,998iApproximate average salary by contribution assumption: employee only about $124,953 at 4% or $83,302 at 6%; with 50% employer match about $83,302 at 4% or $55,535 at 6%; with 100% employer match about $62,476 at 4% or $41,651 at 6%.
2006170$1,360,421$416,131$5,945iApproximate average salary by contribution assumption: employee only about $148,618 at 4% or $99,079 at 6%; with 50% employer match about $99,079 at 4% or $66,053 at 6%; with 100% employer match about $74,309 at 4% or $49,539 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-70$1,360,421$416,131$5,945iApproximate average salary by contribution assumption: employee only about $148,618 at 4% or $99,079 at 6%; with 50% employer match about $99,079 at 4% or $66,053 at 6%; with 100% employer match about $74,309 at 4% or $49,539 at 6%.
2005158$862,014$200,646$3,459iApproximate average salary by contribution assumption: employee only about $86,485 at 4% or $57,657 at 6%; with 50% employer match about $57,657 at 4% or $38,438 at 6%; with 100% employer match about $43,243 at 4% or $28,828 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-58$862,014$200,646$3,459iApproximate average salary by contribution assumption: employee only about $86,485 at 4% or $57,657 at 6%; with 50% employer match about $57,657 at 4% or $38,438 at 6%; with 100% employer match about $43,243 at 4% or $28,828 at 6%.
2004153$644,694$119,803$2,260iApproximate average salary by contribution assumption: employee only about $56,511 at 4% or $37,674 at 6%; with 50% employer match about $37,674 at 4% or $25,116 at 6%; with 100% employer match about $28,255 at 4% or $18,837 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-53$644,694$119,803$2,260iApproximate average salary by contribution assumption: employee only about $56,511 at 4% or $37,674 at 6%; with 50% employer match about $37,674 at 4% or $25,116 at 6%; with 100% employer match about $28,255 at 4% or $18,837 at 6%.
2002123$378,522$165,024$7,175iApproximate average salary by contribution assumption: employee only about $179,374 at 4% or $119,583 at 6%; with 50% employer match about $119,583 at 4% or $79,722 at 6%; with 100% employer match about $89,687 at 4% or $59,791 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-23$378,522$165,024$7,175iApproximate average salary by contribution assumption: employee only about $179,374 at 4% or $119,583 at 6%; with 50% employer match about $119,583 at 4% or $79,722 at 6%; with 100% employer match about $89,687 at 4% or $59,791 at 6%.
2001144$371,789$329,605$7,491iApproximate average salary by contribution assumption: employee only about $187,276 at 4% or $124,850 at 6%; with 50% employer match about $124,850 at 4% or $83,234 at 6%; with 100% employer match about $93,638 at 4% or $62,425 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-44$371,789$329,605$7,491iApproximate average salary by contribution assumption: employee only about $187,276 at 4% or $124,850 at 6%; with 50% employer match about $124,850 at 4% or $83,234 at 6%; with 100% employer match about $93,638 at 4% or $62,425 at 6%.
2000124$55,647$58,498$2,437iApproximate average salary by contribution assumption: employee only about $60,935 at 4% or $40,624 at 6%; with 50% employer match about $40,624 at 4% or $27,082 at 6%; with 100% employer match about $30,468 at 4% or $20,312 at 6%.
Material Handling Systems Inc. 401(K) Profit Sharing Plan-24$55,647$58,498$2,437iApproximate average salary by contribution assumption: employee only about $60,935 at 4% or $40,624 at 6%; with 50% employer match about $40,624 at 4% or $27,082 at 6%; with 100% employer match about $30,468 at 4% or $20,312 at 6%.