Civic Intelligence

STEPHEN S. MAY & ANE R. MAY

Plan context: Magnet Media Inc. 401K Profit Sharing Plan

EIN 11-3683025 • Santa Barbara, CA • 19 filings • 3 plans

P.O. Box 5697Santa Barbara, CA 93108
Current Snapshot

Latest Year

2024

2024 Participants

2

2024 Assets

$1,582,257

2024 Contributions

$77,580

Historical Graphs

Total Assets Over Time

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

$1,582,257$791,129$0200320122024YearValue
$1,582,257Latest year 2024

Participants Over Time

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

420200220112024YearValue
2Latest 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
202412$1,582,257$0-
Magnet Media Inc. 401K Profit Sharing Plan-2$1,582,257$0-
201912$1,145,030$0-
Magnet Media Inc. 401K Profit Sharing Plan-2$1,145,030$0-
201812$974,264$0-
Magnet Media Inc. 401K Profit Sharing Plan-2$974,264$0-
201712$1,489,235$0-
Magnet Media Inc. 401K Profit Sharing Plan-2$1,489,235$0-
201612$1,316,593$0-
Magnet Media Inc. 401K Profit Sharing Plan-2$1,316,593$0-
201513$1,309,452$0-
Magnet Media Inc. 401K Profit Sharing Plan-3$1,309,452$0-
201413$1,390,560$77,580$25,860iApproximate average salary by contribution assumption: employee only about $646,500 at 4% or $431,000 at 6%; with 50% employer match about $431,000 at 4% or $287,333 at 6%; with 100% employer match about $323,250 at 4% or $215,500 at 6%.
Magnet Media Inc. 401K Profit Sharing Plan-3$1,390,560$77,580$25,860iApproximate average salary by contribution assumption: employee only about $646,500 at 4% or $431,000 at 6%; with 50% employer match about $431,000 at 4% or $287,333 at 6%; with 100% employer match about $323,250 at 4% or $215,500 at 6%.
201313$1,289,231$0-
Magnet Media Inc. 401K Profit Sharing Plan-3$1,289,231$0-
201213$1,130,174$9,135$3,045iApproximate average salary by contribution assumption: employee only about $76,125 at 4% or $50,750 at 6%; with 50% employer match about $50,750 at 4% or $33,833 at 6%; with 100% employer match about $38,063 at 4% or $25,375 at 6%.
Magnet Media Inc. 401K Profit Sharing Plan-3$1,130,174$9,135$3,045iApproximate average salary by contribution assumption: employee only about $76,125 at 4% or $50,750 at 6%; with 50% employer match about $50,750 at 4% or $33,833 at 6%; with 100% employer match about $38,063 at 4% or $25,375 at 6%.
201114$1,022,096$78,694$19,674iApproximate average salary by contribution assumption: employee only about $491,838 at 4% or $327,892 at 6%; with 50% employer match about $327,892 at 4% or $218,594 at 6%; with 100% employer match about $245,919 at 4% or $163,946 at 6%.
Magnet Media Inc. 401K Profit Sharing Plan-4$1,022,096$78,694$19,674iApproximate average salary by contribution assumption: employee only about $491,838 at 4% or $327,892 at 6%; with 50% employer match about $327,892 at 4% or $218,594 at 6%; with 100% employer match about $245,919 at 4% or $163,946 at 6%.
201014$998,932$126,913$31,728iApproximate average salary by contribution assumption: employee only about $793,206 at 4% or $528,804 at 6%; with 50% employer match about $528,804 at 4% or $352,536 at 6%; with 100% employer match about $396,603 at 4% or $264,402 at 6%.
Magnet Media Inc. 401K Profit Sharing Plan-4$998,932$126,913$31,728iApproximate average salary by contribution assumption: employee only about $793,206 at 4% or $528,804 at 6%; with 50% employer match about $528,804 at 4% or $352,536 at 6%; with 100% employer match about $396,603 at 4% or $264,402 at 6%.
200914$892,274$260,568$65,142iApproximate average salary by contribution assumption: employee only about $1,628,550 at 4% or $1,085,700 at 6%; with 50% employer match about $1,085,700 at 4% or $723,800 at 6%; with 100% employer match about $814,275 at 4% or $542,850 at 6%.
Magnet Media Inc. 401K Profit Sharing Plan-4$892,274$260,568$65,142iApproximate average salary by contribution assumption: employee only about $1,628,550 at 4% or $1,085,700 at 6%; with 50% employer match about $1,085,700 at 4% or $723,800 at 6%; with 100% employer match about $814,275 at 4% or $542,850 at 6%.
200814$627,838$118,779$29,695iApproximate average salary by contribution assumption: employee only about $742,369 at 4% or $494,913 at 6%; with 50% employer match about $494,913 at 4% or $329,942 at 6%; with 100% employer match about $371,184 at 4% or $247,456 at 6%.
Magnet Media Inc. 401K Profit Sharing Plan-4$627,838$118,779$29,695iApproximate average salary by contribution assumption: employee only about $742,369 at 4% or $494,913 at 6%; with 50% employer match about $494,913 at 4% or $329,942 at 6%; with 100% employer match about $371,184 at 4% or $247,456 at 6%.
200713$0$0-
Magnet Media Inc. 401K Profit Sharing Plan-3---
200612$549,822$88,000$44,000iApproximate average salary by contribution assumption: employee only about $1,100,000 at 4% or $733,333 at 6%; with 50% employer match about $733,333 at 4% or $488,889 at 6%; with 100% employer match about $550,000 at 4% or $366,667 at 6%.
Magnet Media Inc. 401K Profit Sharing Plan-2$549,822$88,000$44,000iApproximate average salary by contribution assumption: employee only about $1,100,000 at 4% or $733,333 at 6%; with 50% employer match about $733,333 at 4% or $488,889 at 6%; with 100% employer match about $550,000 at 4% or $366,667 at 6%.
200512$401,805$84,000$42,000iApproximate average salary by contribution assumption: employee only about $1,050,000 at 4% or $700,000 at 6%; with 50% employer match about $700,000 at 4% or $466,667 at 6%; with 100% employer match about $525,000 at 4% or $350,000 at 6%.
Magnet Media Inc. 401K Profit Sharing Plan-2$401,805$84,000$42,000iApproximate average salary by contribution assumption: employee only about $1,050,000 at 4% or $700,000 at 6%; with 50% employer match about $700,000 at 4% or $466,667 at 6%; with 100% employer match about $525,000 at 4% or $350,000 at 6%.
200412$290,995$80,000$40,000iApproximate average salary by contribution assumption: employee only about $1,000,000 at 4% or $666,667 at 6%; with 50% employer match about $666,667 at 4% or $444,444 at 6%; with 100% employer match about $500,000 at 4% or $333,333 at 6%.
Magnet Media Inc. 401K Profit Sharing Plan-2$290,995$80,000$40,000iApproximate average salary by contribution assumption: employee only about $1,000,000 at 4% or $666,667 at 6%; with 50% employer match about $666,667 at 4% or $444,444 at 6%; with 100% employer match about $500,000 at 4% or $333,333 at 6%.
200312$175,120$74,074$37,037iApproximate average salary by contribution assumption: employee only about $925,925 at 4% or $617,283 at 6%; with 50% employer match about $617,283 at 4% or $411,522 at 6%; with 100% employer match about $462,963 at 4% or $308,642 at 6%.
Magnet Media Inc. 401K Profit Sharing Plan-2$175,120$74,074$37,037iApproximate average salary by contribution assumption: employee only about $925,925 at 4% or $617,283 at 6%; with 50% employer match about $617,283 at 4% or $411,522 at 6%; with 100% employer match about $462,963 at 4% or $308,642 at 6%.
200212$0$0-
Magnet Media Inc. 401K Profit Sharing Plan-2---