Civic Intelligence

Innovative Machining

Plan context: Innovative Machining Inc Cash Balance Plan

EIN 77-0455336 • Fremont, CA • 42 filings • 4 plans

845 Yosemite WayFremont, CA 95035-6329
Current Snapshot

Latest Year

2024

2024 Participants

24

2024 Assets

$3,197,397

2024 Contributions

$600,000

Historical Graphs

Total Assets Over Time

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

$4,357,688$2,178,844$0200220152024YearValue
$3,197,397Latest year 2024

Participants Over Time

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

30150200220132024YearValue
24Latest 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
2024224$3,197,397$600,000$25,000iApproximate average salary by contribution assumption: employee only about $625,000 at 4% or $416,667 at 6%; with 50% employer match about $416,667 at 4% or $277,778 at 6%; with 100% employer match about $312,500 at 4% or $208,333 at 6%.
Innovative Machining Inc Cash Balance Plan-24$2,981,103$600,000$25,000iApproximate average salary by contribution assumption: employee only about $625,000 at 4% or $416,667 at 6%; with 50% employer match about $416,667 at 4% or $277,778 at 6%; with 100% employer match about $312,500 at 4% or $208,333 at 6%.
Innovative Machining Inc Profit Sharing Plan-24$216,294--
2023230$4,357,688$1,366,848$45,562iApproximate average salary by contribution assumption: employee only about $1,139,040 at 4% or $759,360 at 6%; with 50% employer match about $759,360 at 4% or $506,240 at 6%; with 100% employer match about $569,520 at 4% or $379,680 at 6%.
Innovative Machining Inc Cash Balance Plan-30$4,141,394$1,267,712$42,257iApproximate average salary by contribution assumption: employee only about $1,056,427 at 4% or $704,284 at 6%; with 50% employer match about $704,284 at 4% or $469,523 at 6%; with 100% employer match about $528,213 at 4% or $352,142 at 6%.
Innovative Machining Inc Profit Sharing Plan-30$216,294$99,136$3,305iApproximate average salary by contribution assumption: employee only about $82,613 at 4% or $55,076 at 6%; with 50% employer match about $55,076 at 4% or $36,717 at 6%; with 100% employer match about $41,307 at 4% or $27,538 at 6%.
2022224$2,990,840$987,801$41,158iApproximate average salary by contribution assumption: employee only about $1,028,959 at 4% or $685,973 at 6%; with 50% employer match about $685,973 at 4% or $457,315 at 6%; with 100% employer match about $514,480 at 4% or $342,986 at 6%.
Innovative Machining Inc Cash Balance Plan-24$2,873,682$918,000$38,250iApproximate average salary by contribution assumption: employee only about $956,250 at 4% or $637,500 at 6%; with 50% employer match about $637,500 at 4% or $425,000 at 6%; with 100% employer match about $478,125 at 4% or $318,750 at 6%.
Innovative Machining Inc Profit Sharing Plan-22$117,158$69,801$3,173iApproximate average salary by contribution assumption: employee only about $79,319 at 4% or $52,880 at 6%; with 50% employer match about $52,880 at 4% or $35,253 at 6%; with 100% employer match about $39,660 at 4% or $26,440 at 6%.
2021221$2,342,455$578,152$27,531iApproximate average salary by contribution assumption: employee only about $688,276 at 4% or $458,851 at 6%; with 50% employer match about $458,851 at 4% or $305,901 at 6%; with 100% employer match about $344,138 at 4% or $229,425 at 6%.
Innovative Machining Inc Cash Balance Plan-21$2,174,694$524,000$24,952iApproximate average salary by contribution assumption: employee only about $623,810 at 4% or $415,873 at 6%; with 50% employer match about $415,873 at 4% or $277,249 at 6%; with 100% employer match about $311,905 at 4% or $207,937 at 6%.
Innovative Machining Inc Profit Sharing Plan-21$167,761$54,152$2,579iApproximate average salary by contribution assumption: employee only about $64,467 at 4% or $42,978 at 6%; with 50% employer match about $42,978 at 4% or $28,652 at 6%; with 100% employer match about $32,233 at 4% or $21,489 at 6%.
2020223$1,820,539$25,000$1,087iApproximate average salary by contribution assumption: employee only about $27,174 at 4% or $18,116 at 6%; with 50% employer match about $18,116 at 4% or $12,077 at 6%; with 100% employer match about $13,587 at 4% or $9,058 at 6%.
Innovative Machining Inc Cash Balance Plan-23$1,653,844--
Innovative Machining Inc Profit Sharing Plan-23$166,695$25,000$1,087iApproximate average salary by contribution assumption: employee only about $27,174 at 4% or $18,116 at 6%; with 50% employer match about $18,116 at 4% or $12,077 at 6%; with 100% employer match about $13,587 at 4% or $9,058 at 6%.
2019224$1,315,617$677,759$28,240iApproximate average salary by contribution assumption: employee only about $705,999 at 4% or $470,666 at 6%; with 50% employer match about $470,666 at 4% or $313,777 at 6%; with 100% employer match about $352,999 at 4% or $235,333 at 6%.
Innovative Machining Inc Cash Balance Plan-24$1,164,902$619,125$25,797iApproximate average salary by contribution assumption: employee only about $644,922 at 4% or $429,948 at 6%; with 50% employer match about $429,948 at 4% or $286,632 at 6%; with 100% employer match about $322,461 at 4% or $214,974 at 6%.
Innovative Machining Inc Profit Sharing Plan-24$150,715$58,634$2,443iApproximate average salary by contribution assumption: employee only about $61,077 at 4% or $40,718 at 6%; with 50% employer match about $40,718 at 4% or $27,145 at 6%; with 100% employer match about $30,539 at 4% or $20,359 at 6%.
2018220$595,192$164,004$8,200iApproximate average salary by contribution assumption: employee only about $205,005 at 4% or $136,670 at 6%; with 50% employer match about $136,670 at 4% or $91,113 at 6%; with 100% employer match about $102,503 at 4% or $68,335 at 6%.
Innovative Machining Inc Cash Balance Plan-20$556,004$164,004$8,200iApproximate average salary by contribution assumption: employee only about $205,005 at 4% or $136,670 at 6%; with 50% employer match about $136,670 at 4% or $91,113 at 6%; with 100% employer match about $102,503 at 4% or $68,335 at 6%.
Innovative Machining Inc Profit Sharing Plan-20$39,188--
2017417$431,188$431,188$25,364iApproximate average salary by contribution assumption: employee only about $634,100 at 4% or $422,733 at 6%; with 50% employer match about $422,733 at 4% or $281,822 at 6%; with 100% employer match about $317,050 at 4% or $211,367 at 6%.
Innovative Machining Inc Cash Balance Plan-17$392,000$392,000$23,059iApproximate average salary by contribution assumption: employee only about $576,471 at 4% or $384,314 at 6%; with 50% employer match about $384,314 at 4% or $256,209 at 6%; with 100% employer match about $288,235 at 4% or $192,157 at 6%.
Innovative Machining Inc Profit Sharing Plan-17$39,188$39,188$2,305iApproximate average salary by contribution assumption: employee only about $57,629 at 4% or $38,420 at 6%; with 50% employer match about $38,420 at 4% or $25,613 at 6%; with 100% employer match about $28,815 at 4% or $19,210 at 6%.
Innovative Machining Profit Sharing Plan-0---
Innovative Machining Defined Benefit Plan-0---
2016210$1,036,095$0-
Innovative Machining Defined Benefit Plan-10$886,572--
Innovative Machining Profit Sharing Plan-10$149,523--
2015211$939,683$0-
Innovative Machining Defined Benefit Plan-11$804,034--
Innovative Machining Profit Sharing Plan-11$135,649--
2014219$1,258,057$0-
Innovative Machining Defined Benefit Plan-19$1,076,449--
Innovative Machining Profit Sharing Plan-19$181,608--
2013217$1,154,031$50,000$2,941iApproximate average salary by contribution assumption: employee only about $73,529 at 4% or $49,020 at 6%; with 50% employer match about $49,020 at 4% or $32,680 at 6%; with 100% employer match about $36,765 at 4% or $24,510 at 6%.
Innovative Machining Defined Benefit Plan-17$1,051,123$23,559$1,386iApproximate average salary by contribution assumption: employee only about $34,646 at 4% or $23,097 at 6%; with 50% employer match about $23,097 at 4% or $15,398 at 6%; with 100% employer match about $17,323 at 4% or $11,549 at 6%.
Innovative Machining Profit Sharing Plan-17$102,908$26,441$1,555iApproximate average salary by contribution assumption: employee only about $38,884 at 4% or $25,923 at 6%; with 50% employer match about $25,923 at 4% or $17,282 at 6%; with 100% employer match about $19,442 at 4% or $12,961 at 6%.
2012215$1,104,031$23,000$1,533iApproximate average salary by contribution assumption: employee only about $38,333 at 4% or $25,556 at 6%; with 50% employer match about $25,556 at 4% or $17,037 at 6%; with 100% employer match about $19,167 at 4% or $12,778 at 6%.
Innovative Machining Defined Benefit Plan-15$1,027,564$19,235$1,282iApproximate average salary by contribution assumption: employee only about $32,058 at 4% or $21,372 at 6%; with 50% employer match about $21,372 at 4% or $14,248 at 6%; with 100% employer match about $16,029 at 4% or $10,686 at 6%.
Innovative Machining Profit Sharing Plan-15$76,467$3,765$251iApproximate average salary by contribution assumption: employee only about $6,275 at 4% or $4,183 at 6%; with 50% employer match about $4,183 at 4% or $2,789 at 6%; with 100% employer match about $3,138 at 4% or $2,092 at 6%.
2011214$962,673$100,000$7,143iApproximate average salary by contribution assumption: employee only about $178,571 at 4% or $119,048 at 6%; with 50% employer match about $119,048 at 4% or $79,365 at 6%; with 100% employer match about $89,286 at 4% or $59,524 at 6%.
Innovative Machining Defined Benefit Plan-14$898,059$71,761$5,126iApproximate average salary by contribution assumption: employee only about $128,145 at 4% or $85,430 at 6%; with 50% employer match about $85,430 at 4% or $56,953 at 6%; with 100% employer match about $64,072 at 4% or $42,715 at 6%.
Innovative Machining Profit Sharing Plan-14$64,614$28,239$2,017iApproximate average salary by contribution assumption: employee only about $50,427 at 4% or $33,618 at 6%; with 50% employer match about $33,618 at 4% or $22,412 at 6%; with 100% employer match about $25,213 at 4% or $16,809 at 6%.
2010216$953,673$130,000$8,125iApproximate average salary by contribution assumption: employee only about $203,125 at 4% or $135,417 at 6%; with 50% employer match about $135,417 at 4% or $90,278 at 6%; with 100% employer match about $101,563 at 4% or $67,708 at 6%.
Innovative Machining Defined Benefit Plan-16$843,999$115,049$7,191iApproximate average salary by contribution assumption: employee only about $179,764 at 4% or $119,843 at 6%; with 50% employer match about $119,843 at 4% or $79,895 at 6%; with 100% employer match about $89,882 at 4% or $59,921 at 6%.
Innovative Machining Profit Sharing Plan-16$109,674$14,951$934iApproximate average salary by contribution assumption: employee only about $23,361 at 4% or $15,574 at 6%; with 50% employer match about $15,574 at 4% or $10,383 at 6%; with 100% employer match about $11,680 at 4% or $7,787 at 6%.
2009216$749,348$0-
Innovative Machining Defined Benefit Plan--$727,728--
Innovative Machining Profit Sharing Plan-16$21,620--
2008214$0$0-
Innovative Machining Profit Sharing Plan-14---
Innovative Machining Defined Benefit Plan-14---
2007111$0$0-
Innovative Machining Defined Benefit Plan-11---
2006110$0$0-
Innovative Machining Defined Benefit Plan-10---
200517$91,926$0-
Innovative Machining Defined Benefit Plan-7$91,926--
200417$86,484$10,557$1,508iApproximate average salary by contribution assumption: employee only about $37,704 at 4% or $25,136 at 6%; with 50% employer match about $25,136 at 4% or $16,757 at 6%; with 100% employer match about $18,852 at 4% or $12,568 at 6%.
Innovative Machining Defined Benefit Plan-7$86,484$10,557$1,508iApproximate average salary by contribution assumption: employee only about $37,704 at 4% or $25,136 at 6%; with 50% employer match about $25,136 at 4% or $16,757 at 6%; with 100% employer match about $18,852 at 4% or $12,568 at 6%.
200318$0$0-
Innovative Machining Defined Benefit Plan-8---
200218$40,497$40,497$5,062iApproximate average salary by contribution assumption: employee only about $126,553 at 4% or $84,369 at 6%; with 50% employer match about $84,369 at 4% or $56,246 at 6%; with 100% employer match about $63,277 at 4% or $42,184 at 6%.
Innovative Machining Defined Benefit Plan-8$40,497$40,497$5,062iApproximate average salary by contribution assumption: employee only about $126,553 at 4% or $84,369 at 6%; with 50% employer match about $84,369 at 4% or $56,246 at 6%; with 100% employer match about $63,277 at 4% or $42,184 at 6%.