Civic Intelligence

Magnolia Broadband Inc.

Plan context: Magnolia Broadband Inc. 401K Plan

EIN 13-4107493 • Englewood, NJ • 18 filings • 1 plans

74 Grand Avenue2 FloorEnglewood, NJ 07631
Current Snapshot

Latest Year

2020

2020 Participants

4

2020 Assets

$2,233,588

2020 Contributions

$52,646

Historical Graphs

Total Assets Over Time

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

$2,650,000$1,325,000$0200220122020YearValue
$2,233,588Latest year 2020

Participants Over Time

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

28140200220122020YearValue
4Latest 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
202014$2,233,588$0-
Magnolia Broadband Inc. 401K Plan-4$2,233,588--
201914$2,012,459$0-
Magnolia Broadband Inc. 401K Plan-4$2,012,459--
201814$1,893,108$0-
Magnolia Broadband Inc. 401K Plan-4$1,893,108--
201717$2,180,349$0-
Magnolia Broadband Inc. 401K Plan-7$2,180,349--
201617$1,899,819$0-
Magnolia Broadband Inc. 401K Plan-7$1,899,819--
201512$1,773,599$52,646$26,323iApproximate average salary by contribution assumption: employee only about $658,075 at 4% or $438,717 at 6%; with 50% employer match about $438,717 at 4% or $292,478 at 6%; with 100% employer match about $329,038 at 4% or $219,358 at 6%.
Magnolia Broadband Inc. 401K Plan-2$1,773,599$52,646$26,323iApproximate average salary by contribution assumption: employee only about $658,075 at 4% or $438,717 at 6%; with 50% employer match about $438,717 at 4% or $292,478 at 6%; with 100% employer match about $329,038 at 4% or $219,358 at 6%.
201417$2,359,852$119,174$17,025iApproximate average salary by contribution assumption: employee only about $425,621 at 4% or $283,748 at 6%; with 50% employer match about $283,748 at 4% or $189,165 at 6%; with 100% employer match about $212,811 at 4% or $141,874 at 6%.
Magnolia Broadband Inc. 401K Plan-7$2,359,852$119,174$17,025iApproximate average salary by contribution assumption: employee only about $425,621 at 4% or $283,748 at 6%; with 50% employer match about $283,748 at 4% or $189,165 at 6%; with 100% employer match about $212,811 at 4% or $141,874 at 6%.
201317$2,650,000$138,501$19,786iApproximate average salary by contribution assumption: employee only about $494,646 at 4% or $329,764 at 6%; with 50% employer match about $329,764 at 4% or $219,843 at 6%; with 100% employer match about $247,323 at 4% or $164,882 at 6%.
Magnolia Broadband Inc. 401K Plan-7$2,650,000$138,501$19,786iApproximate average salary by contribution assumption: employee only about $494,646 at 4% or $329,764 at 6%; with 50% employer match about $329,764 at 4% or $219,843 at 6%; with 100% employer match about $247,323 at 4% or $164,882 at 6%.
201218$2,384,580$220,956$27,620iApproximate average salary by contribution assumption: employee only about $690,488 at 4% or $460,325 at 6%; with 50% employer match about $460,325 at 4% or $306,883 at 6%; with 100% employer match about $345,244 at 4% or $230,163 at 6%.
Magnolia Broadband Inc. 401K Plan-8$2,384,580$220,956$27,620iApproximate average salary by contribution assumption: employee only about $690,488 at 4% or $460,325 at 6%; with 50% employer match about $460,325 at 4% or $306,883 at 6%; with 100% employer match about $345,244 at 4% or $230,163 at 6%.
2011111$2,015,411$125,355$11,396iApproximate average salary by contribution assumption: employee only about $284,898 at 4% or $189,932 at 6%; with 50% employer match about $189,932 at 4% or $126,621 at 6%; with 100% employer match about $142,449 at 4% or $94,966 at 6%.
Magnolia Broadband Inc. 401K Plan-11$2,015,411$125,355$11,396iApproximate average salary by contribution assumption: employee only about $284,898 at 4% or $189,932 at 6%; with 50% employer match about $189,932 at 4% or $126,621 at 6%; with 100% employer match about $142,449 at 4% or $94,966 at 6%.
2010112$2,216,316$205,026$17,086iApproximate average salary by contribution assumption: employee only about $427,138 at 4% or $284,758 at 6%; with 50% employer match about $284,758 at 4% or $189,839 at 6%; with 100% employer match about $213,569 at 4% or $142,379 at 6%.
Magnolia Broadband Inc. 401K Plan-12$2,216,316$205,026$17,086iApproximate average salary by contribution assumption: employee only about $427,138 at 4% or $284,758 at 6%; with 50% employer match about $284,758 at 4% or $189,839 at 6%; with 100% employer match about $213,569 at 4% or $142,379 at 6%.
2009114$1,986,635$380,626$27,188iApproximate average salary by contribution assumption: employee only about $679,689 at 4% or $453,126 at 6%; with 50% employer match about $453,126 at 4% or $302,084 at 6%; with 100% employer match about $339,845 at 4% or $226,563 at 6%.
Magnolia Broadband Inc. 401K Plan-14$1,986,635$380,626$27,188iApproximate average salary by contribution assumption: employee only about $679,689 at 4% or $453,126 at 6%; with 50% employer match about $453,126 at 4% or $302,084 at 6%; with 100% employer match about $339,845 at 4% or $226,563 at 6%.
2008117$0$0-
Magnolia Broadband Inc. 401K Plan-17---
2006128$1,680,028$428,896$15,318iApproximate average salary by contribution assumption: employee only about $382,943 at 4% or $255,295 at 6%; with 50% employer match about $255,295 at 4% or $170,197 at 6%; with 100% employer match about $191,471 at 4% or $127,648 at 6%.
Magnolia Broadband Inc. 401K Plan-28$1,680,028$428,896$15,318iApproximate average salary by contribution assumption: employee only about $382,943 at 4% or $255,295 at 6%; with 50% employer match about $255,295 at 4% or $170,197 at 6%; with 100% employer match about $191,471 at 4% or $127,648 at 6%.
2005127$1,175,709$390,121$14,449iApproximate average salary by contribution assumption: employee only about $361,223 at 4% or $240,815 at 6%; with 50% employer match about $240,815 at 4% or $160,544 at 6%; with 100% employer match about $180,612 at 4% or $120,408 at 6%.
Magnolia Broadband Inc. 401K Plan-27$1,175,709$390,121$14,449iApproximate average salary by contribution assumption: employee only about $361,223 at 4% or $240,815 at 6%; with 50% employer match about $240,815 at 4% or $160,544 at 6%; with 100% employer match about $180,612 at 4% or $120,408 at 6%.
2004119$847,262$282,950$14,892iApproximate average salary by contribution assumption: employee only about $372,303 at 4% or $248,202 at 6%; with 50% employer match about $248,202 at 4% or $165,468 at 6%; with 100% employer match about $186,151 at 4% or $124,101 at 6%.
Magnolia Broadband Inc. 401K Plan-19$847,262$282,950$14,892iApproximate average salary by contribution assumption: employee only about $372,303 at 4% or $248,202 at 6%; with 50% employer match about $248,202 at 4% or $165,468 at 6%; with 100% employer match about $186,151 at 4% or $124,101 at 6%.
2003119$507,600$288,610$15,190iApproximate average salary by contribution assumption: employee only about $379,750 at 4% or $253,167 at 6%; with 50% employer match about $253,167 at 4% or $168,778 at 6%; with 100% employer match about $189,875 at 4% or $126,583 at 6%.
Magnolia Broadband Inc. 401K Plan-19$507,600$288,610$15,190iApproximate average salary by contribution assumption: employee only about $379,750 at 4% or $253,167 at 6%; with 50% employer match about $253,167 at 4% or $168,778 at 6%; with 100% employer match about $189,875 at 4% or $126,583 at 6%.
2002119$162,875$163,024$8,580iApproximate average salary by contribution assumption: employee only about $214,505 at 4% or $143,004 at 6%; with 50% employer match about $143,004 at 4% or $95,336 at 6%; with 100% employer match about $107,253 at 4% or $71,502 at 6%.
Magnolia Broadband Inc. 401K Plan-19$162,875$163,024$8,580iApproximate average salary by contribution assumption: employee only about $214,505 at 4% or $143,004 at 6%; with 50% employer match about $143,004 at 4% or $95,336 at 6%; with 100% employer match about $107,253 at 4% or $71,502 at 6%.