Civic Intelligence

Innovative Machine Corporation

Plan context: Innovative Machine Corporation 401(K) Plan

EIN 63-1195878 • Birmingham, AL • 15 filings • 1 plans

3959 Valley East, Industrial DriveBirmingham, AL 35217
Current Snapshot

Latest Year

2024

2024 Participants

26

2024 Assets

$3,587,787

2024 Contributions

$153,298

Historical Graphs

Total Assets Over Time

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

$3,587,787$1,793,894$0201020172024YearValue
$3,587,787Latest year 2024

Participants Over Time

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

27140201020172024YearValue
26Latest year 2024

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
2024126$3,587,787$153,298$5,896iApproximate average salary by contribution assumption: employee only about $147,402 at 4% or $98,268 at 6%; with 50% employer match about $98,268 at 4% or $65,512 at 6%; with 100% employer match about $73,701 at 4% or $49,134 at 6%.
Innovative Machine Corporation 401(K) Plan-26$3,587,787$153,298$5,896iApproximate average salary by contribution assumption: employee only about $147,402 at 4% or $98,268 at 6%; with 50% employer match about $98,268 at 4% or $65,512 at 6%; with 100% employer match about $73,701 at 4% or $49,134 at 6%.
2023118$3,576,404$160,538$8,919iApproximate average salary by contribution assumption: employee only about $222,969 at 4% or $148,646 at 6%; with 50% employer match about $148,646 at 4% or $99,098 at 6%; with 100% employer match about $111,485 at 4% or $74,323 at 6%.
Innovative Machine Corporation 401(K) Plan-18$3,576,404$160,538$8,919iApproximate average salary by contribution assumption: employee only about $222,969 at 4% or $148,646 at 6%; with 50% employer match about $148,646 at 4% or $99,098 at 6%; with 100% employer match about $111,485 at 4% or $74,323 at 6%.
2022117$2,841,488$124,830$7,343iApproximate average salary by contribution assumption: employee only about $183,574 at 4% or $122,382 at 6%; with 50% employer match about $122,382 at 4% or $81,588 at 6%; with 100% employer match about $91,787 at 4% or $61,191 at 6%.
Innovative Machine Corporation 401(K) Plan-17$2,841,488$124,830$7,343iApproximate average salary by contribution assumption: employee only about $183,574 at 4% or $122,382 at 6%; with 50% employer match about $122,382 at 4% or $81,588 at 6%; with 100% employer match about $91,787 at 4% or $61,191 at 6%.
2021120$3,407,139$123,366$6,168iApproximate average salary by contribution assumption: employee only about $154,208 at 4% or $102,805 at 6%; with 50% employer match about $102,805 at 4% or $68,537 at 6%; with 100% employer match about $77,104 at 4% or $51,403 at 6%.
Innovative Machine Corporation 401(K) Plan-20$3,407,139$123,366$6,168iApproximate average salary by contribution assumption: employee only about $154,208 at 4% or $102,805 at 6%; with 50% employer match about $102,805 at 4% or $68,537 at 6%; with 100% employer match about $77,104 at 4% or $51,403 at 6%.
2020124$2,853,290$111,945$4,664iApproximate average salary by contribution assumption: employee only about $116,609 at 4% or $77,740 at 6%; with 50% employer match about $77,740 at 4% or $51,826 at 6%; with 100% employer match about $58,305 at 4% or $38,870 at 6%.
Innovative Machine Corporation 401(K) Plan-24$2,853,290$111,945$4,664iApproximate average salary by contribution assumption: employee only about $116,609 at 4% or $77,740 at 6%; with 50% employer match about $77,740 at 4% or $51,826 at 6%; with 100% employer match about $58,305 at 4% or $38,870 at 6%.
2019122$2,471,436$151,601$6,891iApproximate average salary by contribution assumption: employee only about $172,274 at 4% or $114,849 at 6%; with 50% employer match about $114,849 at 4% or $76,566 at 6%; with 100% employer match about $86,137 at 4% or $57,425 at 6%.
Innovative Machine Corporation 401(K) Plan-22$2,471,436$151,601$6,891iApproximate average salary by contribution assumption: employee only about $172,274 at 4% or $114,849 at 6%; with 50% employer match about $114,849 at 4% or $76,566 at 6%; with 100% employer match about $86,137 at 4% or $57,425 at 6%.
2018127$2,088,737$137,820$5,104iApproximate average salary by contribution assumption: employee only about $127,611 at 4% or $85,074 at 6%; with 50% employer match about $85,074 at 4% or $56,716 at 6%; with 100% employer match about $63,806 at 4% or $42,537 at 6%.
Innovative Machine Corporation 401(K) Plan-27$2,088,737$137,820$5,104iApproximate average salary by contribution assumption: employee only about $127,611 at 4% or $85,074 at 6%; with 50% employer match about $85,074 at 4% or $56,716 at 6%; with 100% employer match about $63,806 at 4% or $42,537 at 6%.
2017125$2,132,436$113,516$4,541iApproximate average salary by contribution assumption: employee only about $113,516 at 4% or $75,677 at 6%; with 50% employer match about $75,677 at 4% or $50,452 at 6%; with 100% employer match about $56,758 at 4% or $37,839 at 6%.
Innovative Machine Corporation 401(K) Plan-25$2,132,436$113,516$4,541iApproximate average salary by contribution assumption: employee only about $113,516 at 4% or $75,677 at 6%; with 50% employer match about $75,677 at 4% or $50,452 at 6%; with 100% employer match about $56,758 at 4% or $37,839 at 6%.
2016126$1,705,899$121,733$4,682iApproximate average salary by contribution assumption: employee only about $117,051 at 4% or $78,034 at 6%; with 50% employer match about $78,034 at 4% or $52,023 at 6%; with 100% employer match about $58,525 at 4% or $39,017 at 6%.
Innovative Machine Corporation 401(K) Plan-26$1,705,899$121,733$4,682iApproximate average salary by contribution assumption: employee only about $117,051 at 4% or $78,034 at 6%; with 50% employer match about $78,034 at 4% or $52,023 at 6%; with 100% employer match about $58,525 at 4% or $39,017 at 6%.
2015123$1,487,095$115,814$5,035iApproximate average salary by contribution assumption: employee only about $125,885 at 4% or $83,923 at 6%; with 50% employer match about $83,923 at 4% or $55,949 at 6%; with 100% employer match about $62,942 at 4% or $41,962 at 6%.
Innovative Machine Corporation 401(K) Plan-23$1,487,095$115,814$5,035iApproximate average salary by contribution assumption: employee only about $125,885 at 4% or $83,923 at 6%; with 50% employer match about $83,923 at 4% or $55,949 at 6%; with 100% employer match about $62,942 at 4% or $41,962 at 6%.
2014121$1,500,848$108,081$5,147iApproximate average salary by contribution assumption: employee only about $128,668 at 4% or $85,779 at 6%; with 50% employer match about $85,779 at 4% or $57,186 at 6%; with 100% employer match about $64,334 at 4% or $42,889 at 6%.
Innovative Machine Corporation 401(K) Plan-21$1,500,848$108,081$5,147iApproximate average salary by contribution assumption: employee only about $128,668 at 4% or $85,779 at 6%; with 50% employer match about $85,779 at 4% or $57,186 at 6%; with 100% employer match about $64,334 at 4% or $42,889 at 6%.
2013120$1,355,890$96,346$4,817iApproximate average salary by contribution assumption: employee only about $120,433 at 4% or $80,288 at 6%; with 50% employer match about $80,288 at 4% or $53,526 at 6%; with 100% employer match about $60,216 at 4% or $40,144 at 6%.
Innovative Machine Corporation 401(K) Plan-20$1,355,890$96,346$4,817iApproximate average salary by contribution assumption: employee only about $120,433 at 4% or $80,288 at 6%; with 50% employer match about $80,288 at 4% or $53,526 at 6%; with 100% employer match about $60,216 at 4% or $40,144 at 6%.
2012120$1,067,228$120,950$6,048iApproximate average salary by contribution assumption: employee only about $151,188 at 4% or $100,792 at 6%; with 50% employer match about $100,792 at 4% or $67,194 at 6%; with 100% employer match about $75,594 at 4% or $50,396 at 6%.
Innovative Machine Corporation 401(K) Plan-20$1,067,228$120,950$6,048iApproximate average salary by contribution assumption: employee only about $151,188 at 4% or $100,792 at 6%; with 50% employer match about $100,792 at 4% or $67,194 at 6%; with 100% employer match about $75,594 at 4% or $50,396 at 6%.
2011115$907,794$142,302$9,487iApproximate average salary by contribution assumption: employee only about $237,170 at 4% or $158,113 at 6%; with 50% employer match about $158,113 at 4% or $105,409 at 6%; with 100% employer match about $118,585 at 4% or $79,057 at 6%.
Innovative Machine Corporation 401(K) Plan-15$907,794$142,302$9,487iApproximate average salary by contribution assumption: employee only about $237,170 at 4% or $158,113 at 6%; with 50% employer match about $158,113 at 4% or $105,409 at 6%; with 100% employer match about $118,585 at 4% or $79,057 at 6%.
2010117$852,004$140,857$8,286iApproximate average salary by contribution assumption: employee only about $207,143 at 4% or $138,095 at 6%; with 50% employer match about $138,095 at 4% or $92,063 at 6%; with 100% employer match about $103,571 at 4% or $69,048 at 6%.
Innovative Machine Corporation 401(K) Plan-17$852,004$140,857$8,286iApproximate average salary by contribution assumption: employee only about $207,143 at 4% or $138,095 at 6%; with 50% employer match about $138,095 at 4% or $92,063 at 6%; with 100% employer match about $103,571 at 4% or $69,048 at 6%.