Civic Intelligence

Algoma Shipping Inc.

Plan context: Algoma Shipping Inc. 401K Plan

EIN 98-0462463 • Fort Lauderdale, FL • 17 filings • 1 plans

500 East Broward BoulevardSuite 1160Fort Lauderdale, FL 33394
Current Snapshot

Latest Year

2024

2024 Participants

25

2024 Assets

$2,905,604

2024 Contributions

$230,739

Historical Graphs

Total Assets Over Time

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

$2,905,604$1,452,802$0200820162024YearValue
$2,905,604Latest year 2024

Participants Over Time

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

27140200820162024YearValue
25Latest 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
2024125$2,905,604$230,739$9,230iApproximate average salary by contribution assumption: employee only about $230,739 at 4% or $153,826 at 6%; with 50% employer match about $153,826 at 4% or $102,551 at 6%; with 100% employer match about $115,369 at 4% or $76,913 at 6%.
Algoma Shipping Inc. 401K Plan-25$2,905,604$230,739$9,230iApproximate average salary by contribution assumption: employee only about $230,739 at 4% or $153,826 at 6%; with 50% employer match about $153,826 at 4% or $102,551 at 6%; with 100% employer match about $115,369 at 4% or $76,913 at 6%.
2023127$2,607,482$235,088$8,707iApproximate average salary by contribution assumption: employee only about $217,674 at 4% or $145,116 at 6%; with 50% employer match about $145,116 at 4% or $96,744 at 6%; with 100% employer match about $108,837 at 4% or $72,558 at 6%.
Algoma Shipping Inc. 401K Plan-27$2,607,482$235,088$8,707iApproximate average salary by contribution assumption: employee only about $217,674 at 4% or $145,116 at 6%; with 50% employer match about $145,116 at 4% or $96,744 at 6%; with 100% employer match about $108,837 at 4% or $72,558 at 6%.
2022122$2,041,809$292,722$13,306iApproximate average salary by contribution assumption: employee only about $332,639 at 4% or $221,759 at 6%; with 50% employer match about $221,759 at 4% or $147,839 at 6%; with 100% employer match about $166,319 at 4% or $110,880 at 6%.
Algoma Shipping Inc. 401K Plan-22$2,041,809$292,722$13,306iApproximate average salary by contribution assumption: employee only about $332,639 at 4% or $221,759 at 6%; with 50% employer match about $221,759 at 4% or $147,839 at 6%; with 100% employer match about $166,319 at 4% or $110,880 at 6%.
2021120$2,201,859$195,967$9,798iApproximate average salary by contribution assumption: employee only about $244,959 at 4% or $163,306 at 6%; with 50% employer match about $163,306 at 4% or $108,871 at 6%; with 100% employer match about $122,479 at 4% or $81,653 at 6%.
Algoma Shipping Inc. 401K Plan-20$2,201,859$195,967$9,798iApproximate average salary by contribution assumption: employee only about $244,959 at 4% or $163,306 at 6%; with 50% employer match about $163,306 at 4% or $108,871 at 6%; with 100% employer match about $122,479 at 4% or $81,653 at 6%.
2020119$1,777,568$259,216$13,643iApproximate average salary by contribution assumption: employee only about $341,074 at 4% or $227,382 at 6%; with 50% employer match about $227,382 at 4% or $151,588 at 6%; with 100% employer match about $170,537 at 4% or $113,691 at 6%.
Algoma Shipping Inc. 401K Plan-19$1,777,568$259,216$13,643iApproximate average salary by contribution assumption: employee only about $341,074 at 4% or $227,382 at 6%; with 50% employer match about $227,382 at 4% or $151,588 at 6%; with 100% employer match about $170,537 at 4% or $113,691 at 6%.
2019113$1,288,807$121,269$9,328iApproximate average salary by contribution assumption: employee only about $233,210 at 4% or $155,473 at 6%; with 50% employer match about $155,473 at 4% or $103,649 at 6%; with 100% employer match about $116,605 at 4% or $77,737 at 6%.
Algoma Shipping Inc. 401K Plan-13$1,288,807$121,269$9,328iApproximate average salary by contribution assumption: employee only about $233,210 at 4% or $155,473 at 6%; with 50% employer match about $155,473 at 4% or $103,649 at 6%; with 100% employer match about $116,605 at 4% or $77,737 at 6%.
2018112$983,364$105,703$8,809iApproximate average salary by contribution assumption: employee only about $220,215 at 4% or $146,810 at 6%; with 50% employer match about $146,810 at 4% or $97,873 at 6%; with 100% employer match about $110,107 at 4% or $73,405 at 6%.
Algoma Shipping Inc. 401K Plan-12$983,364$105,703$8,809iApproximate average salary by contribution assumption: employee only about $220,215 at 4% or $146,810 at 6%; with 50% employer match about $146,810 at 4% or $97,873 at 6%; with 100% employer match about $110,107 at 4% or $73,405 at 6%.
201716$955,469$91,935$15,323iApproximate average salary by contribution assumption: employee only about $383,063 at 4% or $255,375 at 6%; with 50% employer match about $255,375 at 4% or $170,250 at 6%; with 100% employer match about $191,531 at 4% or $127,688 at 6%.
Algoma Shipping Inc. 401K Plan-6$955,469$91,935$15,323iApproximate average salary by contribution assumption: employee only about $383,063 at 4% or $255,375 at 6%; with 50% employer match about $255,375 at 4% or $170,250 at 6%; with 100% employer match about $191,531 at 4% or $127,688 at 6%.
201616$739,977$97,176$16,196iApproximate average salary by contribution assumption: employee only about $404,900 at 4% or $269,933 at 6%; with 50% employer match about $269,933 at 4% or $179,956 at 6%; with 100% employer match about $202,450 at 4% or $134,967 at 6%.
Algoma Shipping Inc. 401K Plan-6$739,977$97,176$16,196iApproximate average salary by contribution assumption: employee only about $404,900 at 4% or $269,933 at 6%; with 50% employer match about $269,933 at 4% or $179,956 at 6%; with 100% employer match about $202,450 at 4% or $134,967 at 6%.
201516$595,360$123,918$20,653iApproximate average salary by contribution assumption: employee only about $516,325 at 4% or $344,217 at 6%; with 50% employer match about $344,217 at 4% or $229,478 at 6%; with 100% employer match about $258,163 at 4% or $172,108 at 6%.
Algoma Shipping Inc. 401K Plan-6$595,360$123,918$20,653iApproximate average salary by contribution assumption: employee only about $516,325 at 4% or $344,217 at 6%; with 50% employer match about $344,217 at 4% or $229,478 at 6%; with 100% employer match about $258,163 at 4% or $172,108 at 6%.
201415$768,369$107,111$21,422iApproximate average salary by contribution assumption: employee only about $535,555 at 4% or $357,037 at 6%; with 50% employer match about $357,037 at 4% or $238,024 at 6%; with 100% employer match about $267,778 at 4% or $178,518 at 6%.
Algoma Shipping Inc. 401K Plan-5$768,369$107,111$21,422iApproximate average salary by contribution assumption: employee only about $535,555 at 4% or $357,037 at 6%; with 50% employer match about $357,037 at 4% or $238,024 at 6%; with 100% employer match about $267,778 at 4% or $178,518 at 6%.
201315$660,452$106,110$21,222iApproximate average salary by contribution assumption: employee only about $530,550 at 4% or $353,700 at 6%; with 50% employer match about $353,700 at 4% or $235,800 at 6%; with 100% employer match about $265,275 at 4% or $176,850 at 6%.
Algoma Shipping Inc. 401K Plan-5$660,452$106,110$21,222iApproximate average salary by contribution assumption: employee only about $530,550 at 4% or $353,700 at 6%; with 50% employer match about $353,700 at 4% or $235,800 at 6%; with 100% employer match about $265,275 at 4% or $176,850 at 6%.
201216$471,013$102,177$17,030iApproximate average salary by contribution assumption: employee only about $425,738 at 4% or $283,825 at 6%; with 50% employer match about $283,825 at 4% or $189,217 at 6%; with 100% employer match about $212,869 at 4% or $141,913 at 6%.
Algoma Shipping Inc. 401K Plan-6$471,013$102,177$17,030iApproximate average salary by contribution assumption: employee only about $425,738 at 4% or $283,825 at 6%; with 50% employer match about $283,825 at 4% or $189,217 at 6%; with 100% employer match about $212,869 at 4% or $141,913 at 6%.
201116$317,733$97,840$16,307iApproximate average salary by contribution assumption: employee only about $407,667 at 4% or $271,778 at 6%; with 50% employer match about $271,778 at 4% or $181,185 at 6%; with 100% employer match about $203,833 at 4% or $135,889 at 6%.
Algoma Shipping Inc. 401K Plan-6$317,733$97,840$16,307iApproximate average salary by contribution assumption: employee only about $407,667 at 4% or $271,778 at 6%; with 50% employer match about $271,778 at 4% or $181,185 at 6%; with 100% employer match about $203,833 at 4% or $135,889 at 6%.
201015$243,924$99,519$19,904iApproximate average salary by contribution assumption: employee only about $497,595 at 4% or $331,730 at 6%; with 50% employer match about $331,730 at 4% or $221,153 at 6%; with 100% employer match about $248,798 at 4% or $165,865 at 6%.
Algoma Shipping Inc. 401K Plan-5$243,924$99,519$19,904iApproximate average salary by contribution assumption: employee only about $497,595 at 4% or $331,730 at 6%; with 50% employer match about $331,730 at 4% or $221,153 at 6%; with 100% employer match about $248,798 at 4% or $165,865 at 6%.
200915$124,184$67,997$13,599iApproximate average salary by contribution assumption: employee only about $339,985 at 4% or $226,657 at 6%; with 50% employer match about $226,657 at 4% or $151,104 at 6%; with 100% employer match about $169,993 at 4% or $113,328 at 6%.
Algoma Shipping Inc. 401K Plan-5$124,184$67,997$13,599iApproximate average salary by contribution assumption: employee only about $339,985 at 4% or $226,657 at 6%; with 50% employer match about $226,657 at 4% or $151,104 at 6%; with 100% employer match about $169,993 at 4% or $113,328 at 6%.
200815$24,619$30,788$6,158iApproximate average salary by contribution assumption: employee only about $153,940 at 4% or $102,627 at 6%; with 50% employer match about $102,627 at 4% or $68,418 at 6%; with 100% employer match about $76,970 at 4% or $51,313 at 6%.
Algoma Shipping Inc. 401K Plan-5$24,619$30,788$6,158iApproximate average salary by contribution assumption: employee only about $153,940 at 4% or $102,627 at 6%; with 50% employer match about $102,627 at 4% or $68,418 at 6%; with 100% employer match about $76,970 at 4% or $51,313 at 6%.
Algoma Shipping Inc. | EIN 98-0462463 | 2024 Form 5500 Company Profile