Civic Intelligence

Magnetic Technologies Ltd.

Plan context: Magnetic Technologies Ltd. 401(K) Plan

EIN 04-2836991 • Putnam, CT • 20 filings • 3 plans

31 Highland DrivePutnam, CT 06260
Current Snapshot

Latest Year

2024

2024 Participants

55

2024 Assets

$6,814,964

2024 Contributions

$530,086

Historical Graphs

Total Assets Over Time

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

$6,814,964$3,407,482$0200920172024YearValue
$6,814,964Latest year 2024

Participants Over Time

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

55280200020152024YearValue
55Latest 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
2024155$6,814,964$530,086$9,638iApproximate average salary by contribution assumption: employee only about $240,948 at 4% or $160,632 at 6%; with 50% employer match about $160,632 at 4% or $107,088 at 6%; with 100% employer match about $120,474 at 4% or $80,316 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-55$6,814,964$530,086$9,638iApproximate average salary by contribution assumption: employee only about $240,948 at 4% or $160,632 at 6%; with 50% employer match about $160,632 at 4% or $107,088 at 6%; with 100% employer match about $120,474 at 4% or $80,316 at 6%.
2023154$5,627,709$494,629$9,160iApproximate average salary by contribution assumption: employee only about $228,995 at 4% or $152,663 at 6%; with 50% employer match about $152,663 at 4% or $101,776 at 6%; with 100% employer match about $114,497 at 4% or $76,332 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-54$5,627,709$494,629$9,160iApproximate average salary by contribution assumption: employee only about $228,995 at 4% or $152,663 at 6%; with 50% employer match about $152,663 at 4% or $101,776 at 6%; with 100% employer match about $114,497 at 4% or $76,332 at 6%.
2022149$4,383,906$505,746$10,321iApproximate average salary by contribution assumption: employee only about $258,034 at 4% or $172,022 at 6%; with 50% employer match about $172,022 at 4% or $114,682 at 6%; with 100% employer match about $129,017 at 4% or $86,011 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-49$4,383,906$505,746$10,321iApproximate average salary by contribution assumption: employee only about $258,034 at 4% or $172,022 at 6%; with 50% employer match about $172,022 at 4% or $114,682 at 6%; with 100% employer match about $129,017 at 4% or $86,011 at 6%.
2021145$4,912,598$670,186$14,893iApproximate average salary by contribution assumption: employee only about $372,326 at 4% or $248,217 at 6%; with 50% employer match about $248,217 at 4% or $165,478 at 6%; with 100% employer match about $186,163 at 4% or $124,109 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-45$4,912,598$670,186$14,893iApproximate average salary by contribution assumption: employee only about $372,326 at 4% or $248,217 at 6%; with 50% employer match about $248,217 at 4% or $165,478 at 6%; with 100% employer match about $186,163 at 4% or $124,109 at 6%.
2020141$3,763,831$395,137$9,637iApproximate average salary by contribution assumption: employee only about $240,937 at 4% or $160,625 at 6%; with 50% employer match about $160,625 at 4% or $107,083 at 6%; with 100% employer match about $120,469 at 4% or $80,312 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-41$3,763,831$395,137$9,637iApproximate average salary by contribution assumption: employee only about $240,937 at 4% or $160,625 at 6%; with 50% employer match about $160,625 at 4% or $107,083 at 6%; with 100% employer match about $120,469 at 4% or $80,312 at 6%.
2019143$3,097,406$363,584$8,455iApproximate average salary by contribution assumption: employee only about $211,386 at 4% or $140,924 at 6%; with 50% employer match about $140,924 at 4% or $93,949 at 6%; with 100% employer match about $105,693 at 4% or $70,462 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-43$3,097,406$363,584$8,455iApproximate average salary by contribution assumption: employee only about $211,386 at 4% or $140,924 at 6%; with 50% employer match about $140,924 at 4% or $93,949 at 6%; with 100% employer match about $105,693 at 4% or $70,462 at 6%.
2018131$2,243,533$319,516$10,307iApproximate average salary by contribution assumption: employee only about $257,674 at 4% or $171,783 at 6%; with 50% employer match about $171,783 at 4% or $114,522 at 6%; with 100% employer match about $128,837 at 4% or $85,891 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-31$2,243,533$319,516$10,307iApproximate average salary by contribution assumption: employee only about $257,674 at 4% or $171,783 at 6%; with 50% employer match about $171,783 at 4% or $114,522 at 6%; with 100% employer match about $128,837 at 4% or $85,891 at 6%.
2017133$2,092,301$307,754$9,326iApproximate average salary by contribution assumption: employee only about $233,147 at 4% or $155,431 at 6%; with 50% employer match about $155,431 at 4% or $103,621 at 6%; with 100% employer match about $116,573 at 4% or $77,716 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-33$2,092,301$307,754$9,326iApproximate average salary by contribution assumption: employee only about $233,147 at 4% or $155,431 at 6%; with 50% employer match about $155,431 at 4% or $103,621 at 6%; with 100% employer match about $116,573 at 4% or $77,716 at 6%.
2016130$1,549,096$233,603$7,787iApproximate average salary by contribution assumption: employee only about $194,669 at 4% or $129,779 at 6%; with 50% employer match about $129,779 at 4% or $86,520 at 6%; with 100% employer match about $97,335 at 4% or $64,890 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-30$1,549,096$233,603$7,787iApproximate average salary by contribution assumption: employee only about $194,669 at 4% or $129,779 at 6%; with 50% employer match about $129,779 at 4% or $86,520 at 6%; with 100% employer match about $97,335 at 4% or $64,890 at 6%.
2015124$1,181,075$214,175$8,924iApproximate average salary by contribution assumption: employee only about $223,099 at 4% or $148,733 at 6%; with 50% employer match about $148,733 at 4% or $99,155 at 6%; with 100% employer match about $111,549 at 4% or $74,366 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-24$1,181,075$214,175$8,924iApproximate average salary by contribution assumption: employee only about $223,099 at 4% or $148,733 at 6%; with 50% employer match about $148,733 at 4% or $99,155 at 6%; with 100% employer match about $111,549 at 4% or $74,366 at 6%.
2014123$1,027,356$216,893$9,430iApproximate average salary by contribution assumption: employee only about $235,753 at 4% or $157,169 at 6%; with 50% employer match about $157,169 at 4% or $104,779 at 6%; with 100% employer match about $117,877 at 4% or $78,584 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-23$1,027,356$216,893$9,430iApproximate average salary by contribution assumption: employee only about $235,753 at 4% or $157,169 at 6%; with 50% employer match about $157,169 at 4% or $104,779 at 6%; with 100% employer match about $117,877 at 4% or $78,584 at 6%.
2013119$766,473$148,404$7,811iApproximate average salary by contribution assumption: employee only about $195,268 at 4% or $130,179 at 6%; with 50% employer match about $130,179 at 4% or $86,786 at 6%; with 100% employer match about $97,634 at 4% or $65,089 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-19$766,473$148,404$7,811iApproximate average salary by contribution assumption: employee only about $195,268 at 4% or $130,179 at 6%; with 50% employer match about $130,179 at 4% or $86,786 at 6%; with 100% employer match about $97,634 at 4% or $65,089 at 6%.
2012115$535,563$144,822$9,655iApproximate average salary by contribution assumption: employee only about $241,370 at 4% or $160,913 at 6%; with 50% employer match about $160,913 at 4% or $107,276 at 6%; with 100% employer match about $120,685 at 4% or $80,457 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-15$535,563$144,822$9,655iApproximate average salary by contribution assumption: employee only about $241,370 at 4% or $160,913 at 6%; with 50% employer match about $160,913 at 4% or $107,276 at 6%; with 100% employer match about $120,685 at 4% or $80,457 at 6%.
2011115$357,202$115,451$7,697iApproximate average salary by contribution assumption: employee only about $192,418 at 4% or $128,279 at 6%; with 50% employer match about $128,279 at 4% or $85,519 at 6%; with 100% employer match about $96,209 at 4% or $64,139 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-15$357,202$115,451$7,697iApproximate average salary by contribution assumption: employee only about $192,418 at 4% or $128,279 at 6%; with 50% employer match about $128,279 at 4% or $85,519 at 6%; with 100% employer match about $96,209 at 4% or $64,139 at 6%.
2010114$255,285$112,260$8,019iApproximate average salary by contribution assumption: employee only about $200,464 at 4% or $133,643 at 6%; with 50% employer match about $133,643 at 4% or $89,095 at 6%; with 100% employer match about $100,232 at 4% or $66,821 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-14$255,285$112,260$8,019iApproximate average salary by contribution assumption: employee only about $200,464 at 4% or $133,643 at 6%; with 50% employer match about $133,643 at 4% or $89,095 at 6%; with 100% employer match about $100,232 at 4% or $66,821 at 6%.
2009114$116,443$102,505$7,322iApproximate average salary by contribution assumption: employee only about $183,045 at 4% or $122,030 at 6%; with 50% employer match about $122,030 at 4% or $81,353 at 6%; with 100% employer match about $91,522 at 4% or $61,015 at 6%.
Magnetic Technologies Ltd. 401(K) Plan-14$116,443$102,505$7,322iApproximate average salary by contribution assumption: employee only about $183,045 at 4% or $122,030 at 6%; with 50% employer match about $122,030 at 4% or $81,353 at 6%; with 100% employer match about $91,522 at 4% or $61,015 at 6%.
200310$0$0-
MAGNETIC TECHNOLOGIES, LTD. PROFIT SHARING PLAN-0---
200217$0$0-
MAGNETIC TECHNOLOGIES, LTD. PROFIT SHARING PLAN-7---
200117$0$0-
MAGNETIC TECHNOLOGIES, LTD. PROFIT SHARING PLAN-7---
200017$0$0-
MAGNETIC TECHNOLOGIES, LTD. PROFIT SHARING PLAN-7---