Civic Intelligence

Magnetic Construction Group Corp

Plan context: Magnetic Construction Group Corp 401(K) Profit Sharing Plan

EIN 11-3523072 • Brooklyn, NY • 10 filings • 2 plans

41 Box StSuite 300Brooklyn, NY 11222
Current Snapshot

Latest Year

2019

2019 Participants

9

2019 Assets

$335,976

2019 Contributions

$247,000

Historical Graphs

Total Assets Over Time

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

$1,606,263$803,132$0200920132018YearValue
$335,976Latest year 2018

Participants Over Time

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

20100200920132018YearValue
9Latest year 2018

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
201910$0$0-
Magnetic Construction Group Corp 401(K) Profit Sharing Plan-0$0--
201819$335,976$0-
Magnetic Construction Group Corp 401(K) Profit Sharing Plan-9$335,976--
2017114$368,378$0-
Magnetic Construction Group Corp 401(K) Profit Sharing Plan-14$368,378--
2016115$452,982$0-
Magnetic Construction Group Corp 401(K) Profit Sharing Plan-15$452,982--
2014120$1,606,263$247,000$12,350iApproximate average salary by contribution assumption: employee only about $308,750 at 4% or $205,833 at 6%; with 50% employer match about $205,833 at 4% or $137,222 at 6%; with 100% employer match about $154,375 at 4% or $102,917 at 6%.
Magnetic Construction Group Corp 401(K) Profit Sharing Plan-20$1,606,263$247,000$12,350iApproximate average salary by contribution assumption: employee only about $308,750 at 4% or $205,833 at 6%; with 50% employer match about $205,833 at 4% or $137,222 at 6%; with 100% employer match about $154,375 at 4% or $102,917 at 6%.
2013120$1,332,616$180,973$9,049iApproximate average salary by contribution assumption: employee only about $226,216 at 4% or $150,811 at 6%; with 50% employer match about $150,811 at 4% or $100,541 at 6%; with 100% employer match about $113,108 at 4% or $75,405 at 6%.
Magnetic Construction Group Corp 401(K) Profit Sharing Plan-20$1,332,616$180,973$9,049iApproximate average salary by contribution assumption: employee only about $226,216 at 4% or $150,811 at 6%; with 50% employer match about $150,811 at 4% or $100,541 at 6%; with 100% employer match about $113,108 at 4% or $75,405 at 6%.
2012117$1,035,285$117,606$6,918iApproximate average salary by contribution assumption: employee only about $172,950 at 4% or $115,300 at 6%; with 50% employer match about $115,300 at 4% or $76,867 at 6%; with 100% employer match about $86,475 at 4% or $57,650 at 6%.
Magnetic Construction Group Corp 401(K) Profit Sharing Plan-17$1,035,285$117,606$6,918iApproximate average salary by contribution assumption: employee only about $172,950 at 4% or $115,300 at 6%; with 50% employer match about $115,300 at 4% or $76,867 at 6%; with 100% employer match about $86,475 at 4% or $57,650 at 6%.
2011112$856,747$57,648$4,804iApproximate average salary by contribution assumption: employee only about $120,100 at 4% or $80,067 at 6%; with 50% employer match about $80,067 at 4% or $53,378 at 6%; with 100% employer match about $60,050 at 4% or $40,033 at 6%.
Magnetic Construction Group Corp 401(K) Profit Sharing Plan-12$856,747$57,648$4,804iApproximate average salary by contribution assumption: employee only about $120,100 at 4% or $80,067 at 6%; with 50% employer match about $80,067 at 4% or $53,378 at 6%; with 100% employer match about $60,050 at 4% or $40,033 at 6%.
201019$934,135$82,188$9,132iApproximate average salary by contribution assumption: employee only about $228,300 at 4% or $152,200 at 6%; with 50% employer match about $152,200 at 4% or $101,467 at 6%; with 100% employer match about $114,150 at 4% or $76,100 at 6%.
Magnetic Construction Group Corp 401(K) Profit Sharing Plan-9$934,135$82,188$9,132iApproximate average salary by contribution assumption: employee only about $228,300 at 4% or $152,200 at 6%; with 50% employer match about $152,200 at 4% or $101,467 at 6%; with 100% employer match about $114,150 at 4% or $76,100 at 6%.
2009110$768,692$115,393$11,539iApproximate average salary by contribution assumption: employee only about $288,483 at 4% or $192,322 at 6%; with 50% employer match about $192,322 at 4% or $128,214 at 6%; with 100% employer match about $144,241 at 4% or $96,161 at 6%.
Magnetic Construction Group Corp 401(K) Profit Sharing Plan-10$768,692$115,393$11,539iApproximate average salary by contribution assumption: employee only about $288,483 at 4% or $192,322 at 6%; with 50% employer match about $192,322 at 4% or $128,214 at 6%; with 100% employer match about $144,241 at 4% or $96,161 at 6%.