Modern Machinery Company Inc.
Plan context: Modern Machinery Company Inc. Financial Freedom 401(K) Plan
EIN 82-0571920 • Indianapolis, IN • 22 filings • 5 plans
Current Snapshot
Latest Year
2024
2024 Participants
19
2024 Assets
$3,585,004
2024 Contributions
$392,837
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 |
|---|---|---|---|---|---|
| 2024 | 1 | 19 | $3,585,004 | $392,837 | $20,676iApproximate average salary by contribution assumption: employee only about $516,891 at 4% or $344,594 at 6%; with 50% employer match about $344,594 at 4% or $229,729 at 6%; with 100% employer match about $258,445 at 4% or $172,297 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 19 | $3,585,004 | $392,837 | $20,676iApproximate average salary by contribution assumption: employee only about $516,891 at 4% or $344,594 at 6%; with 50% employer match about $344,594 at 4% or $229,729 at 6%; with 100% employer match about $258,445 at 4% or $172,297 at 6%. |
| 2023 | 1 | 17 | $2,896,820 | $167,105 | $9,830iApproximate average salary by contribution assumption: employee only about $245,743 at 4% or $163,828 at 6%; with 50% employer match about $163,828 at 4% or $109,219 at 6%; with 100% employer match about $122,871 at 4% or $81,914 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 17 | $2,896,820 | $167,105 | $9,830iApproximate average salary by contribution assumption: employee only about $245,743 at 4% or $163,828 at 6%; with 50% employer match about $163,828 at 4% or $109,219 at 6%; with 100% employer match about $122,871 at 4% or $81,914 at 6%. |
| 2022 | 1 | 17 | $2,270,276 | $126,520 | $7,442iApproximate average salary by contribution assumption: employee only about $186,059 at 4% or $124,039 at 6%; with 50% employer match about $124,039 at 4% or $82,693 at 6%; with 100% employer match about $93,029 at 4% or $62,020 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 17 | $2,270,276 | $126,520 | $7,442iApproximate average salary by contribution assumption: employee only about $186,059 at 4% or $124,039 at 6%; with 50% employer match about $124,039 at 4% or $82,693 at 6%; with 100% employer match about $93,029 at 4% or $62,020 at 6%. |
| 2021 | 1 | 13 | $2,724,145 | $153,259 | $11,789iApproximate average salary by contribution assumption: employee only about $294,729 at 4% or $196,486 at 6%; with 50% employer match about $196,486 at 4% or $130,991 at 6%; with 100% employer match about $147,364 at 4% or $98,243 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 13 | $2,724,145 | $153,259 | $11,789iApproximate average salary by contribution assumption: employee only about $294,729 at 4% or $196,486 at 6%; with 50% employer match about $196,486 at 4% or $130,991 at 6%; with 100% employer match about $147,364 at 4% or $98,243 at 6%. |
| 2020 | 1 | 17 | $3,196,179 | $141,018 | $8,295iApproximate average salary by contribution assumption: employee only about $207,379 at 4% or $138,253 at 6%; with 50% employer match about $138,253 at 4% or $92,169 at 6%; with 100% employer match about $103,690 at 4% or $69,126 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 17 | $3,196,179 | $141,018 | $8,295iApproximate average salary by contribution assumption: employee only about $207,379 at 4% or $138,253 at 6%; with 50% employer match about $138,253 at 4% or $92,169 at 6%; with 100% employer match about $103,690 at 4% or $69,126 at 6%. |
| 2019 | 1 | 17 | $2,824,107 | $157,541 | $9,267iApproximate average salary by contribution assumption: employee only about $231,678 at 4% or $154,452 at 6%; with 50% employer match about $154,452 at 4% or $102,968 at 6%; with 100% employer match about $115,839 at 4% or $77,226 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 17 | $2,824,107 | $157,541 | $9,267iApproximate average salary by contribution assumption: employee only about $231,678 at 4% or $154,452 at 6%; with 50% employer match about $154,452 at 4% or $102,968 at 6%; with 100% employer match about $115,839 at 4% or $77,226 at 6%. |
| 2018 | 1 | 18 | $2,293,218 | $144,235 | $8,013iApproximate average salary by contribution assumption: employee only about $200,326 at 4% or $133,551 at 6%; with 50% employer match about $133,551 at 4% or $89,034 at 6%; with 100% employer match about $100,163 at 4% or $66,775 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 18 | $2,293,218 | $144,235 | $8,013iApproximate average salary by contribution assumption: employee only about $200,326 at 4% or $133,551 at 6%; with 50% employer match about $133,551 at 4% or $89,034 at 6%; with 100% employer match about $100,163 at 4% or $66,775 at 6%. |
| 2017 | 1 | 15 | $2,298,866 | $128,061 | $8,537iApproximate average salary by contribution assumption: employee only about $213,435 at 4% or $142,290 at 6%; with 50% employer match about $142,290 at 4% or $94,860 at 6%; with 100% employer match about $106,718 at 4% or $71,145 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 15 | $2,298,866 | $128,061 | $8,537iApproximate average salary by contribution assumption: employee only about $213,435 at 4% or $142,290 at 6%; with 50% employer match about $142,290 at 4% or $94,860 at 6%; with 100% employer match about $106,718 at 4% or $71,145 at 6%. |
| 2016 | 1 | 16 | $2,103,508 | $146,987 | $9,187iApproximate average salary by contribution assumption: employee only about $229,667 at 4% or $153,111 at 6%; with 50% employer match about $153,111 at 4% or $102,074 at 6%; with 100% employer match about $114,834 at 4% or $76,556 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 16 | $2,103,508 | $146,987 | $9,187iApproximate average salary by contribution assumption: employee only about $229,667 at 4% or $153,111 at 6%; with 50% employer match about $153,111 at 4% or $102,074 at 6%; with 100% employer match about $114,834 at 4% or $76,556 at 6%. |
| 2015 | 1 | 15 | $1,793,012 | $144,698 | $9,647iApproximate average salary by contribution assumption: employee only about $241,163 at 4% or $160,776 at 6%; with 50% employer match about $160,776 at 4% or $107,184 at 6%; with 100% employer match about $120,582 at 4% or $80,388 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 15 | $1,793,012 | $144,698 | $9,647iApproximate average salary by contribution assumption: employee only about $241,163 at 4% or $160,776 at 6%; with 50% employer match about $160,776 at 4% or $107,184 at 6%; with 100% employer match about $120,582 at 4% or $80,388 at 6%. |
| 2014 | 1 | 14 | $1,670,414 | $107,679 | $7,691iApproximate average salary by contribution assumption: employee only about $192,284 at 4% or $128,189 at 6%; with 50% employer match about $128,189 at 4% or $85,460 at 6%; with 100% employer match about $96,142 at 4% or $64,095 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 14 | $1,670,414 | $107,679 | $7,691iApproximate average salary by contribution assumption: employee only about $192,284 at 4% or $128,189 at 6%; with 50% employer match about $128,189 at 4% or $85,460 at 6%; with 100% employer match about $96,142 at 4% or $64,095 at 6%. |
| 2013 | 1 | 12 | $1,490,545 | $88,700 | $7,392iApproximate average salary by contribution assumption: employee only about $184,792 at 4% or $123,194 at 6%; with 50% employer match about $123,194 at 4% or $82,130 at 6%; with 100% employer match about $92,396 at 4% or $61,597 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 12 | $1,490,545 | $88,700 | $7,392iApproximate average salary by contribution assumption: employee only about $184,792 at 4% or $123,194 at 6%; with 50% employer match about $123,194 at 4% or $82,130 at 6%; with 100% employer match about $92,396 at 4% or $61,597 at 6%. |
| 2012 | 1 | 12 | $1,179,556 | $72,290 | $6,024iApproximate average salary by contribution assumption: employee only about $150,604 at 4% or $100,403 at 6%; with 50% employer match about $100,403 at 4% or $66,935 at 6%; with 100% employer match about $75,302 at 4% or $50,201 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 12 | $1,179,556 | $72,290 | $6,024iApproximate average salary by contribution assumption: employee only about $150,604 at 4% or $100,403 at 6%; with 50% employer match about $100,403 at 4% or $66,935 at 6%; with 100% employer match about $75,302 at 4% or $50,201 at 6%. |
| 2011 | 1 | 12 | $978,146 | $74,238 | $6,187iApproximate average salary by contribution assumption: employee only about $154,663 at 4% or $103,108 at 6%; with 50% employer match about $103,108 at 4% or $68,739 at 6%; with 100% employer match about $77,331 at 4% or $51,554 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 12 | $978,146 | $74,238 | $6,187iApproximate average salary by contribution assumption: employee only about $154,663 at 4% or $103,108 at 6%; with 50% employer match about $103,108 at 4% or $68,739 at 6%; with 100% employer match about $77,331 at 4% or $51,554 at 6%. |
| 2010 | 1 | 14 | $963,730 | $80,244 | $5,732iApproximate average salary by contribution assumption: employee only about $143,293 at 4% or $95,529 at 6%; with 50% employer match about $95,529 at 4% or $63,686 at 6%; with 100% employer match about $71,646 at 4% or $47,764 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 14 | $963,730 | $80,244 | $5,732iApproximate average salary by contribution assumption: employee only about $143,293 at 4% or $95,529 at 6%; with 50% employer match about $95,529 at 4% or $63,686 at 6%; with 100% employer match about $71,646 at 4% or $47,764 at 6%. |
| 2009 | 1 | 13 | $730,097 | $126,323 | $9,717iApproximate average salary by contribution assumption: employee only about $242,929 at 4% or $161,953 at 6%; with 50% employer match about $161,953 at 4% or $107,968 at 6%; with 100% employer match about $121,464 at 4% or $80,976 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 13 | $730,097 | $126,323 | $9,717iApproximate average salary by contribution assumption: employee only about $242,929 at 4% or $161,953 at 6%; with 50% employer match about $161,953 at 4% or $107,968 at 6%; with 100% employer match about $121,464 at 4% or $80,976 at 6%. |
| 2008 | 1 | 15 | $615,640 | $182,296 | $12,153iApproximate average salary by contribution assumption: employee only about $303,827 at 4% or $202,551 at 6%; with 50% employer match about $202,551 at 4% or $135,034 at 6%; with 100% employer match about $151,913 at 4% or $101,276 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 15 | $615,640 | $182,296 | $12,153iApproximate average salary by contribution assumption: employee only about $303,827 at 4% or $202,551 at 6%; with 50% employer match about $202,551 at 4% or $135,034 at 6%; with 100% employer match about $151,913 at 4% or $101,276 at 6%. |
| 2007 | 1 | 12 | $0 | $0 | - |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 12 | - | - | - |
| 2006 | 1 | 9 | $547,715 | $82,700 | $9,189iApproximate average salary by contribution assumption: employee only about $229,722 at 4% or $153,148 at 6%; with 50% employer match about $153,148 at 4% or $102,099 at 6%; with 100% employer match about $114,861 at 4% or $76,574 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 9 | $547,715 | $82,700 | $9,189iApproximate average salary by contribution assumption: employee only about $229,722 at 4% or $153,148 at 6%; with 50% employer match about $153,148 at 4% or $102,099 at 6%; with 100% employer match about $114,861 at 4% or $76,574 at 6%. |
| 2005 | 1 | 10 | $412,040 | $53,410 | $5,341iApproximate average salary by contribution assumption: employee only about $133,525 at 4% or $89,017 at 6%; with 50% employer match about $89,017 at 4% or $59,344 at 6%; with 100% employer match about $66,763 at 4% or $44,508 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 10 | $412,040 | $53,410 | $5,341iApproximate average salary by contribution assumption: employee only about $133,525 at 4% or $89,017 at 6%; with 50% employer match about $89,017 at 4% or $59,344 at 6%; with 100% employer match about $66,763 at 4% or $44,508 at 6%. |
| 2004 | 1 | 9 | $334,456 | $30,400 | $3,378iApproximate average salary by contribution assumption: employee only about $84,444 at 4% or $56,296 at 6%; with 50% employer match about $56,296 at 4% or $37,531 at 6%; with 100% employer match about $42,222 at 4% or $28,148 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 9 | $334,456 | $30,400 | $3,378iApproximate average salary by contribution assumption: employee only about $84,444 at 4% or $56,296 at 6%; with 50% employer match about $56,296 at 4% or $37,531 at 6%; with 100% employer match about $42,222 at 4% or $28,148 at 6%. |
| 2003 | 1 | 9 | $274,674 | $255,467 | $28,385iApproximate average salary by contribution assumption: employee only about $709,631 at 4% or $473,087 at 6%; with 50% employer match about $473,087 at 4% or $315,391 at 6%; with 100% employer match about $354,815 at 4% or $236,544 at 6%. |
| Modern Machinery Company Inc. Financial Freedom 401(K) Plan | - | 9 | $274,674 | $255,467 | $28,385iApproximate average salary by contribution assumption: employee only about $709,631 at 4% or $473,087 at 6%; with 50% employer match about $473,087 at 4% or $315,391 at 6%; with 100% employer match about $354,815 at 4% or $236,544 at 6%. |