Indiana Precision Forge LLC Salary

As of July 2026, the average annual salary for employees at Indiana Precision Forge LLC in the United States is $90,597. This translates to an approximate hourly wage of $44. Salaries at Indiana Precision Forge LLC typically range from $79,750 to $102,319 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Indiana Precision Forge LLC

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Is Indiana Precision Forge LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Indiana Precision Forge LLC's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Anchor Building Services $100,438
+10.9%
Supported by Anchor Building Services's high-margin contracts allowing higher overhead.
Fulton Industries Inc $90,396
-0.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
GTC Machining $91,715
+1.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Mobile Drill Inc $91,873
+1.4%
Suggests Mobile Drill Inc utilizes a highly similar base-plus-benefits compensation model.
MFG Durable Industry $121,746
+34.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Indiana Precision Forge LLC

Considering a career at Indiana Precision Forge LLC? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Consistent hours, respectful coworkers, and fair treatment from management make this a solid workplace. Coworkers are helpful, and it’s easy to build strong relationships. This company provides a consistent work routine. Cross-functional collaboration is encouraged, providing exposure to different aspects of the business. There are real opportunities for growth here.
Management is approachable, and coworkers are always willing to help. The maintenance team is responsive, minimizing equipment downtime. What makes this company different is how leadership prioritizes employee development and team cohesion. There's immense pride in seeing our products in the market and knowing the collective effort that went into their creation.
Employees are involved in decisions, and the workplace culture promotes learning and shared responsibility at every level. The leadership team here is genuinely committed to creating a positive work environment. The team dynamic is decent, though there’s room for stronger cross-department collaboration. Production lines operate efficiently, safety is prioritized, and employees are treated with res...
It’s a very inclusive environment where everyone is treated with respect. Seeing our products used in demanding applications worldwide reinforces the importance of our daily work. Employees here appreciate the company’s commitment to continuous improvement and innovation in manufacturing processes.

Indiana Precision Forge LLC Overview

Website
www.ipfllc.com
Founded In
1996
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
302 Northbrook Dr Shelbyville Indiana IN 46176
Revenue
$10 Million - $50 Million
Phone Number
+1 3174210102
Social Media
About Indiana Precision Forge LLC
Indiana Precision Forge, L.L.C. (IPF) supplies a wide variety of precision, high quality cold forged and machined parts to the automotive industry. Using the latest in forging technology, we currently have the capacity to produce more than thirty million cold forged parts per year. To provide additional value to our customers, we also have the capability to provide finished, machined parts, or sem

What Benefits Does Indiana Precision Forge LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Indiana Precision Forge LLC offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Indiana Precision Forge LLC.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Indiana Precision Forge LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Indiana Precision Forge LLC salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Indiana Precision Forge LLC

1. How much does Indiana Precision Forge LLC in the United States pay?

Indiana Precision Forge LLC pays its employees an average of $90,597 per year. The average salary at Indiana Precision Forge LLC range from $79,750 to $102,319 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Indiana Precision Forge LLC employees get a higher salary than its peer company?

The salary at Indiana Precision Forge LLC is lesser than its peer company. The average annual salary at Indiana Precision Forge LLC is $90,597, or an hourly wage of $44, in comparison to Anchor Building Services which pays $100,438 per year or $48 per hour.

3. What are the highest paying jobs at Indiana Precision Forge LLC?

The higher-paying job at Indiana Precision Forge LLC, according to our data, include Executive Vice President (avg. $266,857 per year), Vice President, Technology (avg. $251,521 per year), and Assistant General Manager (avg. $168,843 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Indiana Precision Forge LLC?

Salary progression with years of experience at Indiana Precision Forge LLC is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Indiana Precision Forge LLC vary by office location?

Yes, it's very likely that salaries at Indiana Precision Forge LLC vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Indianapolis section provides more context.

6. Does Indiana Precision Forge LLC offer good benefits?

Indiana Precision Forge LLC typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Indiana Precision Forge LLC" section on this page.