Civic Intelligence

Platinum Tools LLC

Plan context: Platinum Tools LLC 401(K) Profit Sharing Plan

EIN 77-0470018 • Newbury Park, CA • 24 filings • 5 plans

2450 Turquoise CircleNewbury Park, CA 91320
Current Snapshot

Latest Year

2024

2024 Participants

34

2024 Assets

$2,022,755

2024 Contributions

$320,758

Historical Graphs

Total Assets Over Time

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

$4,445,364$2,222,682$0200920152020YearValue
$2,022,755Latest year 2020

Participants Over Time

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

40200200720142020YearValue
34Latest 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
202410$0$320,758-
Platinum Tools LLC 401(K) Profit Sharing Plan-0$0$320,758-
2020134$2,022,755$320,758$9,434iApproximate average salary by contribution assumption: employee only about $235,851 at 4% or $157,234 at 6%; with 50% employer match about $157,234 at 4% or $104,823 at 6%; with 100% employer match about $117,926 at 4% or $78,617 at 6%.
Platinum Tools LLC 401(K) Profit Sharing Plan-34$2,022,755$320,758$9,434iApproximate average salary by contribution assumption: employee only about $235,851 at 4% or $157,234 at 6%; with 50% employer match about $157,234 at 4% or $104,823 at 6%; with 100% employer match about $117,926 at 4% or $78,617 at 6%.
2019240$3,524,525$412,036$10,301iApproximate average salary by contribution assumption: employee only about $257,523 at 4% or $171,682 at 6%; with 50% employer match about $171,682 at 4% or $114,454 at 6%; with 100% employer match about $128,761 at 4% or $85,841 at 6%.
Platinum Tools LLC 401(K) Profit Sharing Plan-40$3,524,525$412,036$10,301iApproximate average salary by contribution assumption: employee only about $257,523 at 4% or $171,682 at 6%; with 50% employer match about $171,682 at 4% or $114,454 at 6%; with 100% employer match about $128,761 at 4% or $85,841 at 6%.
PLATINUM TOOLS, INC. CASH BALANCE PLAN-0$0$0-
2018235$4,445,364$358,536$10,244iApproximate average salary by contribution assumption: employee only about $256,097 at 4% or $170,731 at 6%; with 50% employer match about $170,731 at 4% or $113,821 at 6%; with 100% employer match about $128,049 at 4% or $85,366 at 6%.
Platinum Tools LLC 401(K) Profit Sharing Plan-35$2,968,497$358,536$10,244iApproximate average salary by contribution assumption: employee only about $256,097 at 4% or $170,731 at 6%; with 50% employer match about $170,731 at 4% or $113,821 at 6%; with 100% employer match about $128,049 at 4% or $85,366 at 6%.
PLATINUM TOOLS, INC. CASH BALANCE PLAN-31$1,476,867$0-
2017231$4,424,903$634,314$20,462iApproximate average salary by contribution assumption: employee only about $511,544 at 4% or $341,029 at 6%; with 50% employer match about $341,029 at 4% or $227,353 at 6%; with 100% employer match about $255,772 at 4% or $170,515 at 6%.
Platinum Tools LLC 401(K) Profit Sharing Plan-31$2,909,070$324,314$10,462iApproximate average salary by contribution assumption: employee only about $261,544 at 4% or $174,362 at 6%; with 50% employer match about $174,362 at 4% or $116,242 at 6%; with 100% employer match about $130,772 at 4% or $87,181 at 6%.
PLATINUM TOOLS, INC. CASH BALANCE PLAN-27$1,515,833$310,000$11,481iApproximate average salary by contribution assumption: employee only about $287,037 at 4% or $191,358 at 6%; with 50% employer match about $191,358 at 4% or $127,572 at 6%; with 100% employer match about $143,519 at 4% or $95,679 at 6%.
2016221$3,330,778$418,885$19,947iApproximate average salary by contribution assumption: employee only about $498,673 at 4% or $332,448 at 6%; with 50% employer match about $332,448 at 4% or $221,632 at 6%; with 100% employer match about $249,336 at 4% or $166,224 at 6%.
Platinum Tools LLC 401(K) Profit Sharing Plan-20$2,266,142$268,885$13,444iApproximate average salary by contribution assumption: employee only about $336,106 at 4% or $224,071 at 6%; with 50% employer match about $224,071 at 4% or $149,381 at 6%; with 100% employer match about $168,053 at 4% or $112,035 at 6%.
PLATINUM TOOLS, INC. CASH BALANCE PLAN-21$1,064,636$150,000$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%.
2015221$2,713,421$387,362$18,446iApproximate average salary by contribution assumption: employee only about $461,145 at 4% or $307,430 at 6%; with 50% employer match about $307,430 at 4% or $204,953 at 6%; with 100% employer match about $230,573 at 4% or $153,715 at 6%.
Platinum Tools LLC 401(K) Profit Sharing Plan-18$1,857,739$247,362$13,742iApproximate average salary by contribution assumption: employee only about $343,558 at 4% or $229,039 at 6%; with 50% employer match about $229,039 at 4% or $152,693 at 6%; with 100% employer match about $171,779 at 4% or $114,519 at 6%.
PLATINUM TOOLS, INC. CASH BALANCE PLAN-21$855,682$140,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
2014215$2,392,595$396,274$26,418iApproximate average salary by contribution assumption: employee only about $660,457 at 4% or $440,304 at 6%; with 50% employer match about $440,304 at 4% or $293,536 at 6%; with 100% employer match about $330,228 at 4% or $220,152 at 6%.
Platinum Tools LLC 401(K) Profit Sharing Plan-15$1,659,583$237,274$15,818iApproximate average salary by contribution assumption: employee only about $395,457 at 4% or $263,638 at 6%; with 50% employer match about $263,638 at 4% or $175,759 at 6%; with 100% employer match about $197,728 at 4% or $131,819 at 6%.
PLATINUM TOOLS, INC. CASH BALANCE PLAN-13$733,012$159,000$12,231iApproximate average salary by contribution assumption: employee only about $305,769 at 4% or $203,846 at 6%; with 50% employer match about $203,846 at 4% or $135,897 at 6%; with 100% employer match about $152,885 at 4% or $101,923 at 6%.
2013213$1,914,781$337,867$25,990iApproximate average salary by contribution assumption: employee only about $649,744 at 4% or $433,163 at 6%; with 50% employer match about $433,163 at 4% or $288,775 at 6%; with 100% employer match about $324,872 at 4% or $216,581 at 6%.
Platinum Tools LLC 401(K) Profit Sharing Plan-13$1,360,789$187,867$14,451iApproximate average salary by contribution assumption: employee only about $361,283 at 4% or $240,855 at 6%; with 50% employer match about $240,855 at 4% or $160,570 at 6%; with 100% employer match about $180,641 at 4% or $120,428 at 6%.
PLATINUM TOOLS, INC. CASH BALANCE PLAN-13$553,992$150,000$11,538iApproximate average salary by contribution assumption: employee only about $288,462 at 4% or $192,308 at 6%; with 50% employer match about $192,308 at 4% or $128,205 at 6%; with 100% employer match about $144,231 at 4% or $96,154 at 6%.
2012212$1,324,149$283,421$23,618iApproximate average salary by contribution assumption: employee only about $590,460 at 4% or $393,640 at 6%; with 50% employer match about $393,640 at 4% or $262,427 at 6%; with 100% employer match about $295,230 at 4% or $196,820 at 6%.
Platinum Tools LLC 401(K) Profit Sharing Plan-12$971,351$158,421$13,202iApproximate average salary by contribution assumption: employee only about $330,044 at 4% or $220,029 at 6%; with 50% employer match about $220,029 at 4% or $146,686 at 6%; with 100% employer match about $165,022 at 4% or $110,015 at 6%.
PLATINUM TOOLS, INC. CASH BALANCE PLAN-11$352,798$125,000$11,364iApproximate average salary by contribution assumption: employee only about $284,091 at 4% or $189,394 at 6%; with 50% employer match about $189,394 at 4% or $126,263 at 6%; with 100% employer match about $142,045 at 4% or $94,697 at 6%.
2011211$932,139$268,325$24,393iApproximate average salary by contribution assumption: employee only about $609,830 at 4% or $406,553 at 6%; with 50% employer match about $406,553 at 4% or $271,035 at 6%; with 100% employer match about $304,915 at 4% or $203,277 at 6%.
Platinum Tools LLC 401(K) Profit Sharing Plan-11$717,769$142,738$12,976iApproximate average salary by contribution assumption: employee only about $324,405 at 4% or $216,270 at 6%; with 50% employer match about $216,270 at 4% or $144,180 at 6%; with 100% employer match about $162,202 at 4% or $108,135 at 6%.
PLATINUM TOOLS, INC. CASH BALANCE PLAN-10$214,370$125,587$12,559iApproximate average salary by contribution assumption: employee only about $313,968 at 4% or $209,312 at 6%; with 50% employer match about $209,312 at 4% or $139,541 at 6%; with 100% employer match about $156,984 at 4% or $104,656 at 6%.
2010211$705,834$169,603$15,418iApproximate average salary by contribution assumption: employee only about $385,461 at 4% or $256,974 at 6%; with 50% employer match about $256,974 at 4% or $171,316 at 6%; with 100% employer match about $192,731 at 4% or $128,487 at 6%.
Platinum Tools LLC 401(K) Profit Sharing Plan-11$615,660$79,429$7,221iApproximate average salary by contribution assumption: employee only about $180,520 at 4% or $120,347 at 6%; with 50% employer match about $120,347 at 4% or $80,231 at 6%; with 100% employer match about $90,260 at 4% or $60,173 at 6%.
PLATINUM TOOLS, INC. CASH BALANCE PLAN-7$90,174$90,174$12,882iApproximate average salary by contribution assumption: employee only about $322,050 at 4% or $214,700 at 6%; with 50% employer match about $214,700 at 4% or $143,133 at 6%; with 100% employer match about $161,025 at 4% or $107,350 at 6%.
200919$492,274$128,789$14,310iApproximate average salary by contribution assumption: employee only about $357,747 at 4% or $238,498 at 6%; with 50% employer match about $238,498 at 4% or $158,999 at 6%; with 100% employer match about $178,874 at 4% or $119,249 at 6%.
Platinum Tools LLC 401(K) Profit Sharing Plan-9$492,274$128,789$14,310iApproximate average salary by contribution assumption: employee only about $357,747 at 4% or $238,498 at 6%; with 50% employer match about $238,498 at 4% or $158,999 at 6%; with 100% employer match about $178,874 at 4% or $119,249 at 6%.
200717$0$0-
Platinum Tools LLC 401(K) Profit Sharing Plan-7---