Civic Intelligence

Magnetic Seal Corp

Plan context: MAGNETIC SEAL CORP. PROFIT SHARING PLAN

EIN 05-0274345 • Warren, RI • 22 filings • 5 plans

PO Box 445365 Market StreetWarren, RI 02885-0445
Current Snapshot

Latest Year

2021

2021 Participants

53

2021 Assets

$4,083,614

2021 Contributions

$57,309

Historical Graphs

Total Assets Over Time

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

$8,997,878$4,498,939$0199920122020YearValue
$4,083,614Latest year 2020

Participants Over Time

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

62310199920102020YearValue
53Latest year 2020

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
202110$0$57,309-
MAGNETIC SEAL CORP. PROFIT SHARING PLAN-0$0$57,309-
2020153$4,083,614$99,310$1,874iApproximate average salary by contribution assumption: employee only about $46,844 at 4% or $31,230 at 6%; with 50% employer match about $31,230 at 4% or $20,820 at 6%; with 100% employer match about $23,422 at 4% or $15,615 at 6%.
MAGNETIC SEAL CORP. PROFIT SHARING PLAN-53$4,083,614$99,310$1,874iApproximate average salary by contribution assumption: employee only about $46,844 at 4% or $31,230 at 6%; with 50% employer match about $31,230 at 4% or $20,820 at 6%; with 100% employer match about $23,422 at 4% or $15,615 at 6%.
2019149$3,759,491$84,600$1,727iApproximate average salary by contribution assumption: employee only about $43,163 at 4% or $28,776 at 6%; with 50% employer match about $28,776 at 4% or $19,184 at 6%; with 100% employer match about $21,582 at 4% or $14,388 at 6%.
MAGNETIC SEAL CORP. PROFIT SHARING PLAN-49$3,759,491$84,600$1,727iApproximate average salary by contribution assumption: employee only about $43,163 at 4% or $28,776 at 6%; with 50% employer match about $28,776 at 4% or $19,184 at 6%; with 100% employer match about $21,582 at 4% or $14,388 at 6%.
2018149$3,718,371$44,023$898iApproximate average salary by contribution assumption: employee only about $22,461 at 4% or $14,974 at 6%; with 50% employer match about $14,974 at 4% or $9,983 at 6%; with 100% employer match about $11,230 at 4% or $7,487 at 6%.
MAGNETIC SEAL CORP. PROFIT SHARING PLAN-49$3,718,371$44,023$898iApproximate average salary by contribution assumption: employee only about $22,461 at 4% or $14,974 at 6%; with 50% employer match about $14,974 at 4% or $9,983 at 6%; with 100% employer match about $11,230 at 4% or $7,487 at 6%.
2017152$4,044,815$94,151$1,811iApproximate average salary by contribution assumption: employee only about $45,265 at 4% or $30,177 at 6%; with 50% employer match about $30,177 at 4% or $20,118 at 6%; with 100% employer match about $22,632 at 4% or $15,088 at 6%.
MAGNETIC SEAL CORP. PROFIT SHARING PLAN-52$4,044,815$94,151$1,811iApproximate average salary by contribution assumption: employee only about $45,265 at 4% or $30,177 at 6%; with 50% employer match about $30,177 at 4% or $20,118 at 6%; with 100% employer match about $22,632 at 4% or $15,088 at 6%.
2016157$4,169,047$125,808$2,207iApproximate average salary by contribution assumption: employee only about $55,179 at 4% or $36,786 at 6%; with 50% employer match about $36,786 at 4% or $24,524 at 6%; with 100% employer match about $27,589 at 4% or $18,393 at 6%.
MAGNETIC SEAL CORP. PROFIT SHARING TRUST-57$4,169,047$125,808$2,207iApproximate average salary by contribution assumption: employee only about $55,179 at 4% or $36,786 at 6%; with 50% employer match about $36,786 at 4% or $24,524 at 6%; with 100% employer match about $27,589 at 4% or $18,393 at 6%.
2015156$4,517,028$134,033$2,393iApproximate average salary by contribution assumption: employee only about $59,836 at 4% or $39,891 at 6%; with 50% employer match about $39,891 at 4% or $26,594 at 6%; with 100% employer match about $29,918 at 4% or $19,945 at 6%.
MAGNETIC SEAL CORP. PROFIT SHARING TRUST-56$4,517,028$134,033$2,393iApproximate average salary by contribution assumption: employee only about $59,836 at 4% or $39,891 at 6%; with 50% employer match about $39,891 at 4% or $26,594 at 6%; with 100% employer match about $29,918 at 4% or $19,945 at 6%.
2014160$4,746,096$325,903$5,432iApproximate average salary by contribution assumption: employee only about $135,793 at 4% or $90,529 at 6%; with 50% employer match about $90,529 at 4% or $60,352 at 6%; with 100% employer match about $67,896 at 4% or $45,264 at 6%.
MAGNETIC SEAL CORP. PROFIT SHARING TRUST-60$4,746,096$325,903$5,432iApproximate average salary by contribution assumption: employee only about $135,793 at 4% or $90,529 at 6%; with 50% employer match about $90,529 at 4% or $60,352 at 6%; with 100% employer match about $67,896 at 4% or $45,264 at 6%.
2013162$4,370,247$81,116$1,308iApproximate average salary by contribution assumption: employee only about $32,708 at 4% or $21,805 at 6%; with 50% employer match about $21,805 at 4% or $14,537 at 6%; with 100% employer match about $16,354 at 4% or $10,903 at 6%.
MAGNETIC SEAL CORP. PROFIT SHARING TRUST-62$4,370,247$81,116$1,308iApproximate average salary by contribution assumption: employee only about $32,708 at 4% or $21,805 at 6%; with 50% employer match about $21,805 at 4% or $14,537 at 6%; with 100% employer match about $16,354 at 4% or $10,903 at 6%.
2012143$3,602,240$0-
MAGNETIC SEAL CORPORATION PROFIT SHARING TRUST-43$3,602,240--
2011156$4,440,653$132,321$2,363iApproximate average salary by contribution assumption: employee only about $59,072 at 4% or $39,381 at 6%; with 50% employer match about $39,381 at 4% or $26,254 at 6%; with 100% employer match about $29,536 at 4% or $19,691 at 6%.
MAGNETIC SEAL CORPORATION PROFIT SHARING TRUST-56$4,440,653$132,321$2,363iApproximate average salary by contribution assumption: employee only about $59,072 at 4% or $39,381 at 6%; with 50% employer match about $39,381 at 4% or $26,254 at 6%; with 100% employer match about $29,536 at 4% or $19,691 at 6%.
2010152$4,400,293$0-
MAGNETIC SEAL CORPORATION PROFIT SHARING TRUST-52$4,400,293--
2009154$3,654,659$50,000$926iApproximate average salary by contribution assumption: employee only about $23,148 at 4% or $15,432 at 6%; with 50% employer match about $15,432 at 4% or $10,288 at 6%; with 100% employer match about $11,574 at 4% or $7,716 at 6%.
MAGNETIC SEAL CORPORATION PROFIT SHARING TRUST-54$3,654,659$50,000$926iApproximate average salary by contribution assumption: employee only about $23,148 at 4% or $15,432 at 6%; with 50% employer match about $15,432 at 4% or $10,288 at 6%; with 100% employer match about $11,574 at 4% or $7,716 at 6%.
2008151$0$0-
MAGNETIC SEAL CORPORATION PROFIT SHARING TRUST-51---
2006141$8,455,951$289,624$7,064iApproximate average salary by contribution assumption: employee only about $176,600 at 4% or $117,733 at 6%; with 50% employer match about $117,733 at 4% or $78,489 at 6%; with 100% employer match about $88,300 at 4% or $58,867 at 6%.
MAGNETIC SEAL CORPORATION PROFIT SHARING TRUST-41$8,455,951$289,624$7,064iApproximate average salary by contribution assumption: employee only about $176,600 at 4% or $117,733 at 6%; with 50% employer match about $117,733 at 4% or $78,489 at 6%; with 100% employer match about $88,300 at 4% or $58,867 at 6%.
2005143$8,997,878$302,566$7,036iApproximate average salary by contribution assumption: employee only about $175,910 at 4% or $117,274 at 6%; with 50% employer match about $117,274 at 4% or $78,182 at 6%; with 100% employer match about $87,955 at 4% or $58,637 at 6%.
MAGNETIC SEAL CORPORATION PROFIT SHARING TRUST-43$8,997,878$302,566$7,036iApproximate average salary by contribution assumption: employee only about $175,910 at 4% or $117,274 at 6%; with 50% employer match about $117,274 at 4% or $78,182 at 6%; with 100% employer match about $87,955 at 4% or $58,637 at 6%.
2004139$8,484,009$289,041$7,411iApproximate average salary by contribution assumption: employee only about $185,283 at 4% or $123,522 at 6%; with 50% employer match about $123,522 at 4% or $82,348 at 6%; with 100% employer match about $92,641 at 4% or $61,761 at 6%.
MAGNETIC SEAL CORPORATION PROFIT SHARING TRUST-39$8,484,009$289,041$7,411iApproximate average salary by contribution assumption: employee only about $185,283 at 4% or $123,522 at 6%; with 50% employer match about $123,522 at 4% or $82,348 at 6%; with 100% employer match about $92,641 at 4% or $61,761 at 6%.
2003142$8,346,929$273,281$6,507iApproximate average salary by contribution assumption: employee only about $162,667 at 4% or $108,445 at 6%; with 50% employer match about $108,445 at 4% or $72,297 at 6%; with 100% employer match about $81,334 at 4% or $54,222 at 6%.
MAGNETIC SEAL CORPORATION PROFIT SHARING TRUST-42$8,346,929$273,281$6,507iApproximate average salary by contribution assumption: employee only about $162,667 at 4% or $108,445 at 6%; with 50% employer match about $108,445 at 4% or $72,297 at 6%; with 100% employer match about $81,334 at 4% or $54,222 at 6%.
2002135$7,156,161$256,013$7,315iApproximate average salary by contribution assumption: employee only about $182,866 at 4% or $121,911 at 6%; with 50% employer match about $121,911 at 4% or $81,274 at 6%; with 100% employer match about $91,433 at 4% or $60,955 at 6%.
MAGNETIC SEAL CORPORATION PROFIT SHARING TRUST-35$7,156,161$256,013$7,315iApproximate average salary by contribution assumption: employee only about $182,866 at 4% or $121,911 at 6%; with 50% employer match about $121,911 at 4% or $81,274 at 6%; with 100% employer match about $91,433 at 4% or $60,955 at 6%.
2001137$0$0-
MAGNETIC SEAL P/S TRUST U/A 6/26/62-37---
2000133$0$0-
MAGNETIC SEAL P/S TRUST U/A 6/26/62-33---
1999137$4,775,671$207,515$5,609iApproximate average salary by contribution assumption: employee only about $140,213 at 4% or $93,475 at 6%; with 50% employer match about $93,475 at 4% or $62,317 at 6%; with 100% employer match about $70,106 at 4% or $46,738 at 6%.
Magnetic Seal P/S Trust U/A 6/26/62 365 Market Street, Po Box 445 Warren, Ri 02885-0445-37$4,775,671$207,515$5,609iApproximate average salary by contribution assumption: employee only about $140,213 at 4% or $93,475 at 6%; with 50% employer match about $93,475 at 4% or $62,317 at 6%; with 100% employer match about $70,106 at 4% or $46,738 at 6%.