Magna Products Corp.
Plan context: Magna Products Corp. Profit Sharing Plan
EIN 16-0953211 • Rochester, NY • 32 filings • 8 plans
Current Snapshot
Latest Year
2024
2024 Participants
24
2024 Assets
$3,130,030
2024 Contributions
$76,063
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 24 | $3,130,030 | $76,063 | $3,169iApproximate average salary by contribution assumption: employee only about $79,232 at 4% or $52,822 at 6%; with 50% employer match about $52,822 at 4% or $35,214 at 6%; with 100% employer match about $39,616 at 4% or $26,411 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 24 | $3,130,030 | $76,063 | $3,169iApproximate average salary by contribution assumption: employee only about $79,232 at 4% or $52,822 at 6%; with 50% employer match about $52,822 at 4% or $35,214 at 6%; with 100% employer match about $39,616 at 4% or $26,411 at 6%. |
| 2023 | 1 | 23 | $2,779,385 | $124,232 | $5,401iApproximate average salary by contribution assumption: employee only about $135,035 at 4% or $90,023 at 6%; with 50% employer match about $90,023 at 4% or $60,015 at 6%; with 100% employer match about $67,517 at 4% or $45,012 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 23 | $2,779,385 | $124,232 | $5,401iApproximate average salary by contribution assumption: employee only about $135,035 at 4% or $90,023 at 6%; with 50% employer match about $90,023 at 4% or $60,015 at 6%; with 100% employer match about $67,517 at 4% or $45,012 at 6%. |
| 2022 | 1 | 18 | $2,341,354 | $51,935 | $2,885iApproximate average salary by contribution assumption: employee only about $72,132 at 4% or $48,088 at 6%; with 50% employer match about $48,088 at 4% or $32,059 at 6%; with 100% employer match about $36,066 at 4% or $24,044 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 18 | $2,341,354 | $51,935 | $2,885iApproximate average salary by contribution assumption: employee only about $72,132 at 4% or $48,088 at 6%; with 50% employer match about $48,088 at 4% or $32,059 at 6%; with 100% employer match about $36,066 at 4% or $24,044 at 6%. |
| 2021 | 1 | 17 | $2,821,086 | $121,210 | $7,130iApproximate average salary by contribution assumption: employee only about $178,250 at 4% or $118,833 at 6%; with 50% employer match about $118,833 at 4% or $79,222 at 6%; with 100% employer match about $89,125 at 4% or $59,417 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 17 | $2,821,086 | $121,210 | $7,130iApproximate average salary by contribution assumption: employee only about $178,250 at 4% or $118,833 at 6%; with 50% employer match about $118,833 at 4% or $79,222 at 6%; with 100% employer match about $89,125 at 4% or $59,417 at 6%. |
| 2020 | 1 | 18 | $2,515,705 | $29,796 | $1,655iApproximate average salary by contribution assumption: employee only about $41,383 at 4% or $27,589 at 6%; with 50% employer match about $27,589 at 4% or $18,393 at 6%; with 100% employer match about $20,692 at 4% or $13,794 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 18 | $2,515,705 | $29,796 | $1,655iApproximate average salary by contribution assumption: employee only about $41,383 at 4% or $27,589 at 6%; with 50% employer match about $27,589 at 4% or $18,393 at 6%; with 100% employer match about $20,692 at 4% or $13,794 at 6%. |
| 2019 | 1 | 12 | $2,280,016 | $62,246 | $5,187iApproximate average salary by contribution assumption: employee only about $129,679 at 4% or $86,453 at 6%; with 50% employer match about $86,453 at 4% or $57,635 at 6%; with 100% employer match about $64,840 at 4% or $43,226 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 12 | $2,280,016 | $62,246 | $5,187iApproximate average salary by contribution assumption: employee only about $129,679 at 4% or $86,453 at 6%; with 50% employer match about $86,453 at 4% or $57,635 at 6%; with 100% employer match about $64,840 at 4% or $43,226 at 6%. |
| 2018 | 1 | 13 | $1,965,669 | $92,569 | $7,121iApproximate average salary by contribution assumption: employee only about $178,017 at 4% or $118,678 at 6%; with 50% employer match about $118,678 at 4% or $79,119 at 6%; with 100% employer match about $89,009 at 4% or $59,339 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 13 | $1,965,669 | $92,569 | $7,121iApproximate average salary by contribution assumption: employee only about $178,017 at 4% or $118,678 at 6%; with 50% employer match about $118,678 at 4% or $79,119 at 6%; with 100% employer match about $89,009 at 4% or $59,339 at 6%. |
| 2017 | 1 | 15 | $2,184,069 | $89,872 | $5,991iApproximate average salary by contribution assumption: employee only about $149,787 at 4% or $99,858 at 6%; with 50% employer match about $99,858 at 4% or $66,572 at 6%; with 100% employer match about $74,893 at 4% or $49,929 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 15 | $2,184,069 | $89,872 | $5,991iApproximate average salary by contribution assumption: employee only about $149,787 at 4% or $99,858 at 6%; with 50% employer match about $99,858 at 4% or $66,572 at 6%; with 100% employer match about $74,893 at 4% or $49,929 at 6%. |
| 2016 | 1 | 12 | $2,008,990 | $123,476 | $10,290iApproximate average salary by contribution assumption: employee only about $257,242 at 4% or $171,494 at 6%; with 50% employer match about $171,494 at 4% or $114,330 at 6%; with 100% employer match about $128,621 at 4% or $85,747 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 12 | $2,008,990 | $123,476 | $10,290iApproximate average salary by contribution assumption: employee only about $257,242 at 4% or $171,494 at 6%; with 50% employer match about $171,494 at 4% or $114,330 at 6%; with 100% employer match about $128,621 at 4% or $85,747 at 6%. |
| 2015 | 1 | 16 | $1,808,302 | $131,222 | $8,201iApproximate average salary by contribution assumption: employee only about $205,034 at 4% or $136,690 at 6%; with 50% employer match about $136,690 at 4% or $91,126 at 6%; with 100% employer match about $102,517 at 4% or $68,345 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 16 | $1,808,302 | $131,222 | $8,201iApproximate average salary by contribution assumption: employee only about $205,034 at 4% or $136,690 at 6%; with 50% employer match about $136,690 at 4% or $91,126 at 6%; with 100% employer match about $102,517 at 4% or $68,345 at 6%. |
| 2014 | 1 | 17 | $1,744,180 | $44,173 | $2,598iApproximate average salary by contribution assumption: employee only about $64,960 at 4% or $43,307 at 6%; with 50% employer match about $43,307 at 4% or $28,871 at 6%; with 100% employer match about $32,480 at 4% or $21,653 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 17 | $1,744,180 | $44,173 | $2,598iApproximate average salary by contribution assumption: employee only about $64,960 at 4% or $43,307 at 6%; with 50% employer match about $43,307 at 4% or $28,871 at 6%; with 100% employer match about $32,480 at 4% or $21,653 at 6%. |
| 2013 | 1 | 16 | $1,663,731 | $48,936 | $3,059iApproximate average salary by contribution assumption: employee only about $76,463 at 4% or $50,975 at 6%; with 50% employer match about $50,975 at 4% or $33,983 at 6%; with 100% employer match about $38,231 at 4% or $25,488 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 16 | $1,663,731 | $48,936 | $3,059iApproximate average salary by contribution assumption: employee only about $76,463 at 4% or $50,975 at 6%; with 50% employer match about $50,975 at 4% or $33,983 at 6%; with 100% employer match about $38,231 at 4% or $25,488 at 6%. |
| 2012 | 1 | 16 | $1,455,010 | $48,834 | $3,052iApproximate average salary by contribution assumption: employee only about $76,303 at 4% or $50,869 at 6%; with 50% employer match about $50,869 at 4% or $33,913 at 6%; with 100% employer match about $38,152 at 4% or $25,434 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 16 | $1,455,010 | $48,834 | $3,052iApproximate average salary by contribution assumption: employee only about $76,303 at 4% or $50,869 at 6%; with 50% employer match about $50,869 at 4% or $33,913 at 6%; with 100% employer match about $38,152 at 4% or $25,434 at 6%. |
| 2011 | 1 | 15 | $1,339,387 | $27,032 | $1,802iApproximate average salary by contribution assumption: employee only about $45,053 at 4% or $30,036 at 6%; with 50% employer match about $30,036 at 4% or $20,024 at 6%; with 100% employer match about $22,527 at 4% or $15,018 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 15 | $1,339,387 | $27,032 | $1,802iApproximate average salary by contribution assumption: employee only about $45,053 at 4% or $30,036 at 6%; with 50% employer match about $30,036 at 4% or $20,024 at 6%; with 100% employer match about $22,527 at 4% or $15,018 at 6%. |
| 2010 | 1 | 15 | $1,308,947 | $19,299 | $1,287iApproximate average salary by contribution assumption: employee only about $32,165 at 4% or $21,443 at 6%; with 50% employer match about $21,443 at 4% or $14,296 at 6%; with 100% employer match about $16,082 at 4% or $10,722 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 15 | $1,308,947 | $19,299 | $1,287iApproximate average salary by contribution assumption: employee only about $32,165 at 4% or $21,443 at 6%; with 50% employer match about $21,443 at 4% or $14,296 at 6%; with 100% employer match about $16,082 at 4% or $10,722 at 6%. |
| 2009 | 1 | 11 | $1,227,876 | $19,388 | $1,763iApproximate average salary by contribution assumption: employee only about $44,064 at 4% or $29,376 at 6%; with 50% employer match about $29,376 at 4% or $19,584 at 6%; with 100% employer match about $22,032 at 4% or $14,688 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 11 | $1,227,876 | $19,388 | $1,763iApproximate average salary by contribution assumption: employee only about $44,064 at 4% or $29,376 at 6%; with 50% employer match about $29,376 at 4% or $19,584 at 6%; with 100% employer match about $22,032 at 4% or $14,688 at 6%. |
| 2008 | 1 | 13 | $0 | $0 | - |
| Magna Products Corp. Profit Sharing Plan | - | 13 | - | - | - |
| 2007 | 1 | 12 | $0 | $0 | - |
| Magna Products Corp. Profit Sharing Plan | - | 12 | - | - | - |
| 2006 | 1 | 13 | $1,248,700 | $61,545 | $4,734iApproximate average salary by contribution assumption: employee only about $118,356 at 4% or $78,904 at 6%; with 50% employer match about $78,904 at 4% or $52,603 at 6%; with 100% employer match about $59,178 at 4% or $39,452 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 13 | $1,248,700 | $61,545 | $4,734iApproximate average salary by contribution assumption: employee only about $118,356 at 4% or $78,904 at 6%; with 50% employer match about $78,904 at 4% or $52,603 at 6%; with 100% employer match about $59,178 at 4% or $39,452 at 6%. |
| 2005 | 1 | 14 | $0 | $0 | - |
| Magna Products Corp. Profit Sharing Plan | - | 14 | - | - | - |
| 2004 | 1 | 14 | $981,342 | $63,532 | $4,538iApproximate average salary by contribution assumption: employee only about $113,450 at 4% or $75,633 at 6%; with 50% employer match about $75,633 at 4% or $50,422 at 6%; with 100% employer match about $56,725 at 4% or $37,817 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 14 | $981,342 | $63,532 | $4,538iApproximate average salary by contribution assumption: employee only about $113,450 at 4% or $75,633 at 6%; with 50% employer match about $75,633 at 4% or $50,422 at 6%; with 100% employer match about $56,725 at 4% or $37,817 at 6%. |
| 2003 | 2 | 16 | $936,863 | $67,370 | $4,211iApproximate average salary by contribution assumption: employee only about $105,266 at 4% or $70,177 at 6%; with 50% employer match about $70,177 at 4% or $46,785 at 6%; with 100% employer match about $52,633 at 4% or $35,089 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 16 | $936,863 | $67,370 | $4,211iApproximate average salary by contribution assumption: employee only about $105,266 at 4% or $70,177 at 6%; with 50% employer match about $70,177 at 4% or $46,785 at 6%; with 100% employer match about $52,633 at 4% or $35,089 at 6%. |
| Magna Products Corp. Pension Plan | - | 0 | - | - | - |
| 2002 | 2 | 14 | $876,986 | $30,283 | $2,163iApproximate average salary by contribution assumption: employee only about $54,077 at 4% or $36,051 at 6%; with 50% employer match about $36,051 at 4% or $24,034 at 6%; with 100% employer match about $27,038 at 4% or $18,026 at 6%. |
| Magna Products Corp. Pension Plan | - | 14 | $663,225 | $30,283 | $2,163iApproximate average salary by contribution assumption: employee only about $54,077 at 4% or $36,051 at 6%; with 50% employer match about $36,051 at 4% or $24,034 at 6%; with 100% employer match about $27,038 at 4% or $18,026 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 14 | $213,761 | - | - |
| 2001 | 3 | 16 | $0 | $0 | - |
| MAGNA PRODUCTS CORP FLEXIBLE COMPENSATION PLAN | - | 0 | - | - | - |
| Magna Products Corp. Pension Plan | - | 16 | - | - | - |
| Magna Products Corp. Profit Sharing Plan | - | 16 | - | - | - |
| 2000 | 2 | 15 | $0 | $0 | - |
| Magna Products Corp. Pension Plan | - | 9 | - | - | - |
| Magna Products Corp. Profit Sharing Plan | - | 15 | - | - | - |
| 1999 | 2 | 15 | $824,625 | $50,958 | $3,397iApproximate average salary by contribution assumption: employee only about $84,930 at 4% or $56,620 at 6%; with 50% employer match about $56,620 at 4% or $37,747 at 6%; with 100% employer match about $42,465 at 4% or $28,310 at 6%. |
| Magna Products Corp. Pension Plan | - | 15 | $604,282 | $50,958 | $3,397iApproximate average salary by contribution assumption: employee only about $84,930 at 4% or $56,620 at 6%; with 50% employer match about $56,620 at 4% or $37,747 at 6%; with 100% employer match about $42,465 at 4% or $28,310 at 6%. |
| Magna Products Corp. Profit Sharing Plan | - | 15 | $220,343 | - | - |