Civic Intelligence

Madsen Machine Company Inc.

Plan context: Madsen Machine Company Inc. 401(K) P/S Plan

EIN 63-0825231 • Tuscaloosa, AL • 19 filings • 3 plans

500 - 39th Street EastTuscaloosa, AL 35405
Current Snapshot

Latest Year

2020

2020 Participants

26

2020 Assets

$469,075

2020 Contributions

$24,953

Historical Graphs

Total Assets Over Time

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

$610,671$305,336$0200220122020YearValue
$469,075Latest year 2020

Participants Over Time

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

59300200220112020YearValue
26Latest 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
2020126$469,075$24,953$960iApproximate average salary by contribution assumption: employee only about $23,993 at 4% or $15,996 at 6%; with 50% employer match about $15,996 at 4% or $10,664 at 6%; with 100% employer match about $11,997 at 4% or $7,998 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-26$469,075$24,953$960iApproximate average salary by contribution assumption: employee only about $23,993 at 4% or $15,996 at 6%; with 50% employer match about $15,996 at 4% or $10,664 at 6%; with 100% employer match about $11,997 at 4% or $7,998 at 6%.
2019126$412,270$18,558$714iApproximate average salary by contribution assumption: employee only about $17,844 at 4% or $11,896 at 6%; with 50% employer match about $11,896 at 4% or $7,931 at 6%; with 100% employer match about $8,922 at 4% or $5,948 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-26$412,270$18,558$714iApproximate average salary by contribution assumption: employee only about $17,844 at 4% or $11,896 at 6%; with 50% employer match about $11,896 at 4% or $7,931 at 6%; with 100% employer match about $8,922 at 4% or $5,948 at 6%.
2018125$610,671$50,278$2,011iApproximate average salary by contribution assumption: employee only about $50,278 at 4% or $33,519 at 6%; with 50% employer match about $33,519 at 4% or $22,346 at 6%; with 100% employer match about $25,139 at 4% or $16,759 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-25$610,671$50,278$2,011iApproximate average salary by contribution assumption: employee only about $50,278 at 4% or $33,519 at 6%; with 50% employer match about $33,519 at 4% or $22,346 at 6%; with 100% employer match about $25,139 at 4% or $16,759 at 6%.
2017123$601,588$33,997$1,478iApproximate average salary by contribution assumption: employee only about $36,953 at 4% or $24,636 at 6%; with 50% employer match about $24,636 at 4% or $16,424 at 6%; with 100% employer match about $18,477 at 4% or $12,318 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-23$601,588$33,997$1,478iApproximate average salary by contribution assumption: employee only about $36,953 at 4% or $24,636 at 6%; with 50% employer match about $24,636 at 4% or $16,424 at 6%; with 100% employer match about $18,477 at 4% or $12,318 at 6%.
2016124$509,290$37,660$1,569iApproximate average salary by contribution assumption: employee only about $39,229 at 4% or $26,153 at 6%; with 50% employer match about $26,153 at 4% or $17,435 at 6%; with 100% employer match about $19,615 at 4% or $13,076 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-24$509,290$37,660$1,569iApproximate average salary by contribution assumption: employee only about $39,229 at 4% or $26,153 at 6%; with 50% employer match about $26,153 at 4% or $17,435 at 6%; with 100% employer match about $19,615 at 4% or $13,076 at 6%.
2015135$475,371$40,242$1,150iApproximate average salary by contribution assumption: employee only about $28,744 at 4% or $19,163 at 6%; with 50% employer match about $19,163 at 4% or $12,775 at 6%; with 100% employer match about $14,372 at 4% or $9,581 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-35$475,371$40,242$1,150iApproximate average salary by contribution assumption: employee only about $28,744 at 4% or $19,163 at 6%; with 50% employer match about $19,163 at 4% or $12,775 at 6%; with 100% employer match about $14,372 at 4% or $9,581 at 6%.
2014133$453,605$35,231$1,068iApproximate average salary by contribution assumption: employee only about $26,690 at 4% or $17,793 at 6%; with 50% employer match about $17,793 at 4% or $11,862 at 6%; with 100% employer match about $13,345 at 4% or $8,897 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-33$453,605$35,231$1,068iApproximate average salary by contribution assumption: employee only about $26,690 at 4% or $17,793 at 6%; with 50% employer match about $17,793 at 4% or $11,862 at 6%; with 100% employer match about $13,345 at 4% or $8,897 at 6%.
2013149$413,974$39,262$801iApproximate average salary by contribution assumption: employee only about $20,032 at 4% or $13,354 at 6%; with 50% employer match about $13,354 at 4% or $8,903 at 6%; with 100% employer match about $10,016 at 4% or $6,677 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-49$413,974$39,262$801iApproximate average salary by contribution assumption: employee only about $20,032 at 4% or $13,354 at 6%; with 50% employer match about $13,354 at 4% or $8,903 at 6%; with 100% employer match about $10,016 at 4% or $6,677 at 6%.
2012157$327,888$37,034$650iApproximate average salary by contribution assumption: employee only about $16,243 at 4% or $10,829 at 6%; with 50% employer match about $10,829 at 4% or $7,219 at 6%; with 100% employer match about $8,121 at 4% or $5,414 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-57$327,888$37,034$650iApproximate average salary by contribution assumption: employee only about $16,243 at 4% or $10,829 at 6%; with 50% employer match about $10,829 at 4% or $7,219 at 6%; with 100% employer match about $8,121 at 4% or $5,414 at 6%.
2011159$279,397$34,802$590iApproximate average salary by contribution assumption: employee only about $14,747 at 4% or $9,831 at 6%; with 50% employer match about $9,831 at 4% or $6,554 at 6%; with 100% employer match about $7,373 at 4% or $4,916 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-59$279,397$34,802$590iApproximate average salary by contribution assumption: employee only about $14,747 at 4% or $9,831 at 6%; with 50% employer match about $9,831 at 4% or $6,554 at 6%; with 100% employer match about $7,373 at 4% or $4,916 at 6%.
2010159$247,152$37,235$631iApproximate average salary by contribution assumption: employee only about $15,778 at 4% or $10,518 at 6%; with 50% employer match about $10,518 at 4% or $7,012 at 6%; with 100% employer match about $7,889 at 4% or $5,259 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-59$247,152$37,235$631iApproximate average salary by contribution assumption: employee only about $15,778 at 4% or $10,518 at 6%; with 50% employer match about $10,518 at 4% or $7,012 at 6%; with 100% employer match about $7,889 at 4% or $5,259 at 6%.
2009151$187,636$35,321$693iApproximate average salary by contribution assumption: employee only about $17,314 at 4% or $11,543 at 6%; with 50% employer match about $11,543 at 4% or $7,695 at 6%; with 100% employer match about $8,657 at 4% or $5,771 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-51$187,636$35,321$693iApproximate average salary by contribution assumption: employee only about $17,314 at 4% or $11,543 at 6%; with 50% employer match about $11,543 at 4% or $7,695 at 6%; with 100% employer match about $8,657 at 4% or $5,771 at 6%.
2008129$126,164$49,402$1,704iApproximate average salary by contribution assumption: employee only about $42,588 at 4% or $28,392 at 6%; with 50% employer match about $28,392 at 4% or $18,928 at 6%; with 100% employer match about $21,294 at 4% or $14,196 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-29$126,164$49,402$1,704iApproximate average salary by contribution assumption: employee only about $42,588 at 4% or $28,392 at 6%; with 50% employer match about $28,392 at 4% or $18,928 at 6%; with 100% employer match about $21,294 at 4% or $14,196 at 6%.
2007130$0$0-
Madsen Machine Company Inc. 401(K) P/S Plan-30---
2006120$86,705$24,625$1,231iApproximate average salary by contribution assumption: employee only about $30,781 at 4% or $20,521 at 6%; with 50% employer match about $20,521 at 4% or $13,681 at 6%; with 100% employer match about $15,391 at 4% or $10,260 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-20$86,705$24,625$1,231iApproximate average salary by contribution assumption: employee only about $30,781 at 4% or $20,521 at 6%; with 50% employer match about $20,521 at 4% or $13,681 at 6%; with 100% employer match about $15,391 at 4% or $10,260 at 6%.
2005115$59,206$21,508$1,434iApproximate average salary by contribution assumption: employee only about $35,847 at 4% or $23,898 at 6%; with 50% employer match about $23,898 at 4% or $15,932 at 6%; with 100% employer match about $17,923 at 4% or $11,949 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-15$59,206$21,508$1,434iApproximate average salary by contribution assumption: employee only about $35,847 at 4% or $23,898 at 6%; with 50% employer match about $23,898 at 4% or $15,932 at 6%; with 100% employer match about $17,923 at 4% or $11,949 at 6%.
2004117$46,962$16,943$997iApproximate average salary by contribution assumption: employee only about $24,916 at 4% or $16,611 at 6%; with 50% employer match about $16,611 at 4% or $11,074 at 6%; with 100% employer match about $12,458 at 4% or $8,305 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-17$46,962$16,943$997iApproximate average salary by contribution assumption: employee only about $24,916 at 4% or $16,611 at 6%; with 50% employer match about $16,611 at 4% or $11,074 at 6%; with 100% employer match about $12,458 at 4% or $8,305 at 6%.
2003115$29,714$15,128$1,009iApproximate average salary by contribution assumption: employee only about $25,213 at 4% or $16,809 at 6%; with 50% employer match about $16,809 at 4% or $11,206 at 6%; with 100% employer match about $12,607 at 4% or $8,404 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-15$29,714$15,128$1,009iApproximate average salary by contribution assumption: employee only about $25,213 at 4% or $16,809 at 6%; with 50% employer match about $16,809 at 4% or $11,206 at 6%; with 100% employer match about $12,607 at 4% or $8,404 at 6%.
2002114$14,470$14,446$1,032iApproximate average salary by contribution assumption: employee only about $25,796 at 4% or $17,198 at 6%; with 50% employer match about $17,198 at 4% or $11,465 at 6%; with 100% employer match about $12,898 at 4% or $8,599 at 6%.
Madsen Machine Company Inc. 401(K) P/S Plan-14$14,470$14,446$1,032iApproximate average salary by contribution assumption: employee only about $25,796 at 4% or $17,198 at 6%; with 50% employer match about $17,198 at 4% or $11,465 at 6%; with 100% employer match about $12,898 at 4% or $8,599 at 6%.