Major Tool Company Inc.
Plan context: Major Tool Company Inc. 401K Salary Reduction Plan & Trust
EIN 62-1147140 • 9 filings • 2 plans
Current Snapshot
Latest Year
2007
2007 Participants
7
2007 Assets
$30,274
2007 Contributions
$4,953
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 |
|---|---|---|---|---|---|
| 2007 | 1 | 7 | $30,274 | $4,953 | $708iApproximate average salary by contribution assumption: employee only about $17,689 at 4% or $11,793 at 6%; with 50% employer match about $11,793 at 4% or $7,862 at 6%; with 100% employer match about $8,845 at 4% or $5,896 at 6%. |
| Major Tool Company Inc. 401K Salary Reduction Plan & Trust | - | 7 | $30,274 | $4,953 | $708iApproximate average salary by contribution assumption: employee only about $17,689 at 4% or $11,793 at 6%; with 50% employer match about $11,793 at 4% or $7,862 at 6%; with 100% employer match about $8,845 at 4% or $5,896 at 6%. |
| 2006 | 1 | 3 | $95,593 | $3,366 | $1,122iApproximate average salary by contribution assumption: employee only about $28,050 at 4% or $18,700 at 6%; with 50% employer match about $18,700 at 4% or $12,467 at 6%; with 100% employer match about $14,025 at 4% or $9,350 at 6%. |
| Major Tool Company Inc. 401K Salary Reduction Plan & Trust | - | 3 | $95,593 | $3,366 | $1,122iApproximate average salary by contribution assumption: employee only about $28,050 at 4% or $18,700 at 6%; with 50% employer match about $18,700 at 4% or $12,467 at 6%; with 100% employer match about $14,025 at 4% or $9,350 at 6%. |
| 2005 | 1 | 4 | $316,034 | $9,279 | $2,320iApproximate average salary by contribution assumption: employee only about $57,994 at 4% or $38,663 at 6%; with 50% employer match about $38,663 at 4% or $25,775 at 6%; with 100% employer match about $28,997 at 4% or $19,331 at 6%. |
| Major Tool Company Inc. 401K Salary Reduction Plan & Trust | - | 4 | $316,034 | $9,279 | $2,320iApproximate average salary by contribution assumption: employee only about $57,994 at 4% or $38,663 at 6%; with 50% employer match about $38,663 at 4% or $25,775 at 6%; with 100% employer match about $28,997 at 4% or $19,331 at 6%. |
| 2004 | 1 | 7 | $507,852 | $24,356 | $3,479iApproximate average salary by contribution assumption: employee only about $86,986 at 4% or $57,990 at 6%; with 50% employer match about $57,990 at 4% or $38,660 at 6%; with 100% employer match about $43,493 at 4% or $28,995 at 6%. |
| Major Tool Company Inc. 401K Salary Reduction Plan & Trust | - | 7 | $507,852 | $24,356 | $3,479iApproximate average salary by contribution assumption: employee only about $86,986 at 4% or $57,990 at 6%; with 50% employer match about $57,990 at 4% or $38,660 at 6%; with 100% employer match about $43,493 at 4% or $28,995 at 6%. |
| 2003 | 1 | 9 | $470,483 | $27,975 | $3,108iApproximate average salary by contribution assumption: employee only about $77,708 at 4% or $51,806 at 6%; with 50% employer match about $51,806 at 4% or $34,537 at 6%; with 100% employer match about $38,854 at 4% or $25,903 at 6%. |
| Major Tool Company Inc. 401K Salary Reduction Plan & Trust | - | 9 | $470,483 | $27,975 | $3,108iApproximate average salary by contribution assumption: employee only about $77,708 at 4% or $51,806 at 6%; with 50% employer match about $51,806 at 4% or $34,537 at 6%; with 100% employer match about $38,854 at 4% or $25,903 at 6%. |
| 2002 | 1 | 10 | $468,001 | $31,547 | $3,155iApproximate average salary by contribution assumption: employee only about $78,868 at 4% or $52,578 at 6%; with 50% employer match about $52,578 at 4% or $35,052 at 6%; with 100% employer match about $39,434 at 4% or $26,289 at 6%. |
| Major Tool Company Inc. 401K Salary Reduction Plan & Trust | - | 10 | $468,001 | $31,547 | $3,155iApproximate average salary by contribution assumption: employee only about $78,868 at 4% or $52,578 at 6%; with 50% employer match about $52,578 at 4% or $35,052 at 6%; with 100% employer match about $39,434 at 4% or $26,289 at 6%. |
| 2001 | 1 | 10 | $0 | $0 | - |
| Major Tool Company Inc. 401K Salary Reduction Plan & Trust | - | 10 | - | - | - |
| 2000 | 1 | 13 | $0 | $0 | - |
| Major Tool Company Inc. 401K Salary Reduction Plan & Trust | - | 13 | - | - | - |
| 1999 | 1 | 10 | $508,783 | $42,896 | $4,290iApproximate average salary by contribution assumption: employee only about $107,240 at 4% or $71,493 at 6%; with 50% employer match about $71,493 at 4% or $47,662 at 6%; with 100% employer match about $53,620 at 4% or $35,747 at 6%. |
| Major Tool Company Inc. 401K Salary Reduction Plan & Trust | - | 10 | $508,783 | $42,896 | $4,290iApproximate average salary by contribution assumption: employee only about $107,240 at 4% or $71,493 at 6%; with 50% employer match about $71,493 at 4% or $47,662 at 6%; with 100% employer match about $53,620 at 4% or $35,747 at 6%. |