Civic Intelligence

Island Kinetics Inc. DBA Covalence Laboratories

Plan context: Island Kinetics Inc. Employee Stock Ownership Plan

EIN 86-0833270 • Chandler, AZ • 60 filings • 9 plans

460 South Benson Lane, Ste 3Chandler, AZ 85224
Current Snapshot

Latest Year

2024

2024 Participants

163

2024 Assets

$41,769,325

2024 Contributions

$2,260,968

Historical Graphs

Total Assets Over Time

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

$41,769,325$20,884,663$0200420152024YearValue
$41,769,325Latest year 2024

Participants Over Time

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

2561280200120132024YearValue
163Latest 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
20243163$41,769,325$2,260,968$13,871iApproximate average salary by contribution assumption: employee only about $346,774 at 4% or $231,183 at 6%; with 50% employer match about $231,183 at 4% or $154,122 at 6%; with 100% employer match about $173,387 at 4% or $115,591 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-145$33,152,383$1,575,763$10,867iApproximate average salary by contribution assumption: employee only about $271,683 at 4% or $181,122 at 6%; with 50% employer match about $181,122 at 4% or $120,748 at 6%; with 100% employer match about $135,842 at 4% or $90,561 at 6%.
Island Kinetics Inc. 401(K) Plan-163$8,616,942$685,205$4,204iApproximate average salary by contribution assumption: employee only about $105,093 at 4% or $70,062 at 6%; with 50% employer match about $70,062 at 4% or $46,708 at 6%; with 100% employer match about $52,546 at 4% or $35,031 at 6%.
Island Kinetics Inc Life Insurance Plan-126---
20233153$34,210,823$2,337,162$15,276iApproximate average salary by contribution assumption: employee only about $381,889 at 4% or $254,593 at 6%; with 50% employer match about $254,593 at 4% or $169,729 at 6%; with 100% employer match about $190,945 at 4% or $127,296 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-141$26,442,984$1,185,944$8,411iApproximate average salary by contribution assumption: employee only about $210,274 at 4% or $140,183 at 6%; with 50% employer match about $140,183 at 4% or $93,455 at 6%; with 100% employer match about $105,137 at 4% or $70,091 at 6%.
Island Kinetics Inc. 401(K) Plan-153$7,767,839$1,151,218$7,524iApproximate average salary by contribution assumption: employee only about $188,108 at 4% or $125,405 at 6%; with 50% employer match about $125,405 at 4% or $83,603 at 6%; with 100% employer match about $94,054 at 4% or $62,703 at 6%.
Island Kinetics Inc Life Insurance Plan-124---
20223141$29,664,642$2,023,140$14,349iApproximate average salary by contribution assumption: employee only about $358,713 at 4% or $239,142 at 6%; with 50% employer match about $239,142 at 4% or $159,428 at 6%; with 100% employer match about $179,356 at 4% or $119,571 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-129$23,211,915$1,421,855$11,022iApproximate average salary by contribution assumption: employee only about $275,553 at 4% or $183,702 at 6%; with 50% employer match about $183,702 at 4% or $122,468 at 6%; with 100% employer match about $137,777 at 4% or $91,851 at 6%.
Island Kinetics Inc. 401(K) Plan-134$6,452,727$601,285$4,487iApproximate average salary by contribution assumption: employee only about $112,180 at 4% or $74,787 at 6%; with 50% employer match about $74,787 at 4% or $49,858 at 6%; with 100% employer match about $56,090 at 4% or $37,393 at 6%.
Island Kinetics Inc Life Insurance Plan-141---
20213157$33,688,013$1,384,517$8,819iApproximate average salary by contribution assumption: employee only about $220,464 at 4% or $146,976 at 6%; with 50% employer match about $146,976 at 4% or $97,984 at 6%; with 100% employer match about $110,232 at 4% or $73,488 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-106$26,676,720$860,383$8,117iApproximate average salary by contribution assumption: employee only about $202,921 at 4% or $135,280 at 6%; with 50% employer match about $135,280 at 4% or $90,187 at 6%; with 100% employer match about $101,460 at 4% or $67,640 at 6%.
Island Kinetics Inc. 401(K) Plan-157$7,011,293$524,134$3,338iApproximate average salary by contribution assumption: employee only about $83,461 at 4% or $55,641 at 6%; with 50% employer match about $55,641 at 4% or $37,094 at 6%; with 100% employer match about $41,730 at 4% or $27,820 at 6%.
Island Kinetics Inc Life Insurance Plan-151---
20203148$18,660,084$1,231,072$8,318iApproximate average salary by contribution assumption: employee only about $207,951 at 4% or $138,634 at 6%; with 50% employer match about $138,634 at 4% or $92,423 at 6%; with 100% employer match about $103,976 at 4% or $69,317 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-95$11,956,720$702,487$7,395iApproximate average salary by contribution assumption: employee only about $184,865 at 4% or $123,243 at 6%; with 50% employer match about $123,243 at 4% or $82,162 at 6%; with 100% employer match about $92,433 at 4% or $61,622 at 6%.
Island Kinetics Inc. 401(K) Plan-143$6,703,364$528,585$3,696iApproximate average salary by contribution assumption: employee only about $92,410 at 4% or $61,607 at 6%; with 50% employer match about $61,607 at 4% or $41,071 at 6%; with 100% employer match about $46,205 at 4% or $30,803 at 6%.
Island Kinetics Inc Life Insurance Plan-148---
20193153$17,464,443$1,234,084$8,066iApproximate average salary by contribution assumption: employee only about $201,648 at 4% or $134,432 at 6%; with 50% employer match about $134,432 at 4% or $89,621 at 6%; with 100% employer match about $100,824 at 4% or $67,216 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-93$12,204,697$721,487$7,758iApproximate average salary by contribution assumption: employee only about $193,948 at 4% or $129,299 at 6%; with 50% employer match about $129,299 at 4% or $86,199 at 6%; with 100% employer match about $96,974 at 4% or $64,649 at 6%.
Island Kinetics Inc. 401(K) Plan-153$5,259,746$512,597$3,350iApproximate average salary by contribution assumption: employee only about $83,758 at 4% or $55,838 at 6%; with 50% employer match about $55,838 at 4% or $37,226 at 6%; with 100% employer match about $41,879 at 4% or $27,919 at 6%.
Island Kinetics Inc Life Insurance Plan-148---
20183133$13,539,962$1,297,668$9,757iApproximate average salary by contribution assumption: employee only about $243,923 at 4% or $162,615 at 6%; with 50% employer match about $162,615 at 4% or $108,410 at 6%; with 100% employer match about $121,961 at 4% or $81,308 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-90$8,228,518$503,589$5,595iApproximate average salary by contribution assumption: employee only about $139,886 at 4% or $93,257 at 6%; with 50% employer match about $93,257 at 4% or $62,171 at 6%; with 100% employer match about $69,943 at 4% or $46,629 at 6%.
Island Kinetics Inc. 401(K) Plan-133$5,311,444$794,079$5,971iApproximate average salary by contribution assumption: employee only about $149,263 at 4% or $99,509 at 6%; with 50% employer match about $99,509 at 4% or $66,339 at 6%; with 100% employer match about $74,631 at 4% or $49,754 at 6%.
Island Kinetics Inc Life Insurance Plan-113---
20174112$8,938,024$902,340$8,057iApproximate average salary by contribution assumption: employee only about $201,415 at 4% or $134,277 at 6%; with 50% employer match about $134,277 at 4% or $89,518 at 6%; with 100% employer match about $100,708 at 4% or $67,138 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-84$4,519,494$486,898$5,796iApproximate average salary by contribution assumption: employee only about $144,910 at 4% or $96,607 at 6%; with 50% employer match about $96,607 at 4% or $64,404 at 6%; with 100% employer match about $72,455 at 4% or $48,303 at 6%.
Island Kinetics Inc. 401(K) Plan-112$4,418,530$415,442$3,709iApproximate average salary by contribution assumption: employee only about $92,733 at 4% or $61,822 at 6%; with 50% employer match about $61,822 at 4% or $41,214 at 6%; with 100% employer match about $46,366 at 4% or $30,911 at 6%.
Island Kinetics Inc Life Insurance Plan-104---
Island Kinetics Inc Disability Plan-104---
20164104$6,829,960$776,428$7,466iApproximate average salary by contribution assumption: employee only about $186,641 at 4% or $124,428 at 6%; with 50% employer match about $124,428 at 4% or $82,952 at 6%; with 100% employer match about $93,321 at 4% or $62,214 at 6%.
Island Kinetics Inc. 401(K) Plan-67$3,890,095$409,428$6,111iApproximate average salary by contribution assumption: employee only about $152,772 at 4% or $101,848 at 6%; with 50% employer match about $101,848 at 4% or $67,899 at 6%; with 100% employer match about $76,386 at 4% or $50,924 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-91$2,939,865$367,000$4,033iApproximate average salary by contribution assumption: employee only about $100,824 at 4% or $67,216 at 6%; with 50% employer match about $67,216 at 4% or $44,811 at 6%; with 100% employer match about $50,412 at 4% or $33,608 at 6%.
Island Kinetics Inc Life Insurance Plan-104---
Island Kinetics Inc Disability Plan-104---
20154256$6,394,761$629,416$2,459iApproximate average salary by contribution assumption: employee only about $61,466 at 4% or $40,978 at 6%; with 50% employer match about $40,978 at 4% or $27,318 at 6%; with 100% employer match about $30,733 at 4% or $20,489 at 6%.
Island Kinetics Inc. 401(K) Plan-65$3,325,553$304,416$4,683iApproximate average salary by contribution assumption: employee only about $117,083 at 4% or $78,055 at 6%; with 50% employer match about $78,055 at 4% or $52,037 at 6%; with 100% employer match about $58,542 at 4% or $39,028 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-81$3,069,208$325,000$4,012iApproximate average salary by contribution assumption: employee only about $100,309 at 4% or $66,872 at 6%; with 50% employer match about $66,872 at 4% or $44,582 at 6%; with 100% employer match about $50,154 at 4% or $33,436 at 6%.
Island Kinetics Inc Life Insurance Plan-256---
Island Kinetics Inc Disability Plan-256---
2014279$7,527,840$687,500$8,703iApproximate average salary by contribution assumption: employee only about $217,563 at 4% or $145,042 at 6%; with 50% employer match about $145,042 at 4% or $96,695 at 6%; with 100% employer match about $108,782 at 4% or $72,521 at 6%.
Island Kinetics Inc. 401(K) Plan-72$3,953,508$437,500$6,076iApproximate average salary by contribution assumption: employee only about $151,910 at 4% or $101,273 at 6%; with 50% employer match about $101,273 at 4% or $67,515 at 6%; with 100% employer match about $75,955 at 4% or $50,637 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-79$3,574,332$250,000$3,165iApproximate average salary by contribution assumption: employee only about $79,114 at 4% or $52,743 at 6%; with 50% employer match about $52,743 at 4% or $35,162 at 6%; with 100% employer match about $39,557 at 4% or $26,371 at 6%.
2013287$7,602,651$899,578$10,340iApproximate average salary by contribution assumption: employee only about $258,499 at 4% or $172,333 at 6%; with 50% employer match about $172,333 at 4% or $114,889 at 6%; with 100% employer match about $129,250 at 4% or $86,166 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-87$3,929,499$355,657$4,088iApproximate average salary by contribution assumption: employee only about $102,200 at 4% or $68,134 at 6%; with 50% employer match about $68,134 at 4% or $45,422 at 6%; with 100% employer match about $51,100 at 4% or $34,067 at 6%.
Island Kinetics Inc. 401(K) Plan-70$3,673,152$543,921$7,770iApproximate average salary by contribution assumption: employee only about $194,258 at 4% or $129,505 at 6%; with 50% employer match about $129,505 at 4% or $86,337 at 6%; with 100% employer match about $97,129 at 4% or $64,753 at 6%.
2012285$7,148,012$333,898$3,928iApproximate average salary by contribution assumption: employee only about $98,205 at 4% or $65,470 at 6%; with 50% employer match about $65,470 at 4% or $43,647 at 6%; with 100% employer match about $49,103 at 4% or $32,735 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-85$3,737,169--
Island Kinetics Inc. 401(K) Plan-57$3,410,843$333,898$5,858iApproximate average salary by contribution assumption: employee only about $146,446 at 4% or $97,631 at 6%; with 50% employer match about $97,631 at 4% or $65,087 at 6%; with 100% employer match about $73,223 at 4% or $48,815 at 6%.
2011286$7,028,186$325,852$3,789iApproximate average salary by contribution assumption: employee only about $94,724 at 4% or $63,150 at 6%; with 50% employer match about $63,150 at 4% or $42,100 at 6%; with 100% employer match about $47,362 at 4% or $31,575 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-86$4,153,567--
Island Kinetics Inc. 401(K) Plan-60$2,874,619$325,852$5,431iApproximate average salary by contribution assumption: employee only about $135,772 at 4% or $90,514 at 6%; with 50% employer match about $90,514 at 4% or $60,343 at 6%; with 100% employer match about $67,886 at 4% or $45,257 at 6%.
2010294$6,907,279$549,175$5,842iApproximate average salary by contribution assumption: employee only about $146,057 at 4% or $97,371 at 6%; with 50% employer match about $97,371 at 4% or $64,914 at 6%; with 100% employer match about $73,029 at 4% or $48,686 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-84$4,119,000$205,000$2,440iApproximate average salary by contribution assumption: employee only about $61,012 at 4% or $40,675 at 6%; with 50% employer match about $40,675 at 4% or $27,116 at 6%; with 100% employer match about $30,506 at 4% or $20,337 at 6%.
Island Kinetics Inc. 401(K) Plan-94$2,788,279$344,175$3,661iApproximate average salary by contribution assumption: employee only about $91,536 at 4% or $61,024 at 6%; with 50% employer match about $61,024 at 4% or $40,683 at 6%; with 100% employer match about $45,768 at 4% or $30,512 at 6%.
2009293$6,171,602$684,446$7,360iApproximate average salary by contribution assumption: employee only about $183,991 at 4% or $122,661 at 6%; with 50% employer match about $122,661 at 4% or $81,774 at 6%; with 100% employer match about $91,995 at 4% or $61,330 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-90$4,059,720$374,704$4,163iApproximate average salary by contribution assumption: employee only about $104,084 at 4% or $69,390 at 6%; with 50% employer match about $69,390 at 4% or $46,260 at 6%; with 100% employer match about $52,042 at 4% or $34,695 at 6%.
Island Kinetics Inc. 401(K) Plan-93$2,111,882$309,742$3,331iApproximate average salary by contribution assumption: employee only about $83,264 at 4% or $55,509 at 6%; with 50% employer match about $55,509 at 4% or $37,006 at 6%; with 100% employer match about $41,632 at 4% or $27,755 at 6%.
2008299$0$0-
Island Kinetics Inc. 401(K) Plan-99---
Island Kinetics Inc. Employee Stock Ownership Plan-84---
2007293$0$0-
Island Kinetics Inc. Employee Stock Ownership Plan-76---
Island Kinetics Inc. 401(K) Plan-93---
2006287$6,072,602$501,962$5,770iApproximate average salary by contribution assumption: employee only about $144,242 at 4% or $96,161 at 6%; with 50% employer match about $96,161 at 4% or $64,108 at 6%; with 100% employer match about $72,121 at 4% or $48,081 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-65$4,807,498$275,071$4,232iApproximate average salary by contribution assumption: employee only about $105,797 at 4% or $70,531 at 6%; with 50% employer match about $70,531 at 4% or $47,021 at 6%; with 100% employer match about $52,898 at 4% or $35,266 at 6%.
Island Kinetics Inc. 401(K) Plan-87$1,265,104$226,891$2,608iApproximate average salary by contribution assumption: employee only about $65,199 at 4% or $43,466 at 6%; with 50% employer match about $43,466 at 4% or $28,977 at 6%; with 100% employer match about $32,599 at 4% or $21,733 at 6%.
2005270$3,921,759$468,229$6,689iApproximate average salary by contribution assumption: employee only about $167,225 at 4% or $111,483 at 6%; with 50% employer match about $111,483 at 4% or $74,322 at 6%; with 100% employer match about $83,612 at 4% or $55,742 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-54$2,982,354$289,105$5,354iApproximate average salary by contribution assumption: employee only about $133,845 at 4% or $89,230 at 6%; with 50% employer match about $89,230 at 4% or $59,487 at 6%; with 100% employer match about $66,922 at 4% or $44,615 at 6%.
Island Kinetics Inc. 401(K) Plan-70$939,405$179,124$2,559iApproximate average salary by contribution assumption: employee only about $63,973 at 4% or $42,649 at 6%; with 50% employer match about $42,649 at 4% or $28,432 at 6%; with 100% employer match about $31,986 at 4% or $21,324 at 6%.
2004256$3,011,313$245,135$4,377iApproximate average salary by contribution assumption: employee only about $109,435 at 4% or $72,957 at 6%; with 50% employer match about $72,957 at 4% or $48,638 at 6%; with 100% employer match about $54,718 at 4% or $36,478 at 6%.
Island Kinetics Inc. Employee Stock Ownership Plan-41$2,335,239$74,166$1,809iApproximate average salary by contribution assumption: employee only about $45,223 at 4% or $30,149 at 6%; with 50% employer match about $30,149 at 4% or $20,099 at 6%; with 100% employer match about $22,612 at 4% or $15,074 at 6%.
Island Kinetics Inc. 401(K) Plan-56$676,074$170,969$3,053iApproximate average salary by contribution assumption: employee only about $76,325 at 4% or $50,884 at 6%; with 50% employer match about $50,884 at 4% or $33,922 at 6%; with 100% employer match about $38,163 at 4% or $25,442 at 6%.
2003242$0$0-
Island Kinetics Inc. 401(K) Plan-42---
Island Kinetics Inc. Employee Stock Ownership Plan-33---
2002226$0$0-
Island Kinetics Inc. Employee Stock Ownership Plan-20---
Island Kinetics Inc. 401(K) Plan-26---
2001124$0$0-
Island Kinetics Inc. 401(K) Plan-24---