Civic Intelligence

Magswitch Technology Inc

Plan context: MAGSWITCH TECHNOLOGY INC 401K PROFIT SHARING PLAN AND TRUST

EIN 20-1465541 • Superior, CO • 11 filings • 4 plans

1000 S. Mccaslin BlvdSte 301Superior, CO 80027
Current Snapshot

Latest Year

2023

2023 Participants

35

2023 Assets

$1,862,166

2023 Contributions

$319,819

Historical Graphs

Total Assets Over Time

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

$1,862,166$931,083$0201220172023YearValue
$1,862,166Latest year 2023

Participants Over Time

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

35180201220172023YearValue
35Latest year 2023

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
2023135$1,862,166$319,819$9,138iApproximate average salary by contribution assumption: employee only about $228,442 at 4% or $152,295 at 6%; with 50% employer match about $152,295 at 4% or $101,530 at 6%; with 100% employer match about $114,221 at 4% or $76,147 at 6%.
MAGSWITCH TECHNOLOGY INC 401K PROFIT SHARING PLAN AND TRUST-35$1,862,166$319,819$9,138iApproximate average salary by contribution assumption: employee only about $228,442 at 4% or $152,295 at 6%; with 50% employer match about $152,295 at 4% or $101,530 at 6%; with 100% employer match about $114,221 at 4% or $76,147 at 6%.
2022127$1,322,239$253,696$9,396iApproximate average salary by contribution assumption: employee only about $234,904 at 4% or $156,602 at 6%; with 50% employer match about $156,602 at 4% or $104,402 at 6%; with 100% employer match about $117,452 at 4% or $78,301 at 6%.
MAGSWITCH TECHNOLOGY INC 401K PROFIT SHARING PLAN AND TRUST-27$1,322,239$253,696$9,396iApproximate average salary by contribution assumption: employee only about $234,904 at 4% or $156,602 at 6%; with 50% employer match about $156,602 at 4% or $104,402 at 6%; with 100% employer match about $117,452 at 4% or $78,301 at 6%.
2021123$1,401,353$112,238$4,880iApproximate average salary by contribution assumption: employee only about $121,998 at 4% or $81,332 at 6%; with 50% employer match about $81,332 at 4% or $54,221 at 6%; with 100% employer match about $60,999 at 4% or $40,666 at 6%.
MAGSWITCH TECHNOLOGY INC 401K PROFIT SHARING PLAN AND TRUST-23$1,401,353$112,238$4,880iApproximate average salary by contribution assumption: employee only about $121,998 at 4% or $81,332 at 6%; with 50% employer match about $81,332 at 4% or $54,221 at 6%; with 100% employer match about $60,999 at 4% or $40,666 at 6%.
201910$0$6,103-
Magswitch Technology Inc 401K Profit Sharing Plan and Trust-0$0$6,103-
2018120$584,330$153,428$7,671iApproximate average salary by contribution assumption: employee only about $191,785 at 4% or $127,857 at 6%; with 50% employer match about $127,857 at 4% or $85,238 at 6%; with 100% employer match about $95,893 at 4% or $63,928 at 6%.
Magswitch Technology Inc 401K Profit Sharing Plan and Trust-20$584,330$153,428$7,671iApproximate average salary by contribution assumption: employee only about $191,785 at 4% or $127,857 at 6%; with 50% employer match about $127,857 at 4% or $85,238 at 6%; with 100% employer match about $95,893 at 4% or $63,928 at 6%.
2017120$523,173$96,567$4,828iApproximate average salary by contribution assumption: employee only about $120,709 at 4% or $80,473 at 6%; with 50% employer match about $80,473 at 4% or $53,648 at 6%; with 100% employer match about $60,354 at 4% or $40,236 at 6%.
Magswitch Technology Inc 401K Profit Sharing Plan and Trust-20$523,173$96,567$4,828iApproximate average salary by contribution assumption: employee only about $120,709 at 4% or $80,473 at 6%; with 50% employer match about $80,473 at 4% or $53,648 at 6%; with 100% employer match about $60,354 at 4% or $40,236 at 6%.
2016119$461,028$193,702$10,195iApproximate average salary by contribution assumption: employee only about $254,871 at 4% or $169,914 at 6%; with 50% employer match about $169,914 at 4% or $113,276 at 6%; with 100% employer match about $127,436 at 4% or $84,957 at 6%.
Magswitch Technology Inc 401K Profit Sharing Plan and Trust-19$461,028$193,702$10,195iApproximate average salary by contribution assumption: employee only about $254,871 at 4% or $169,914 at 6%; with 50% employer match about $169,914 at 4% or $113,276 at 6%; with 100% employer match about $127,436 at 4% or $84,957 at 6%.
2015119$267,296$90,940$4,786iApproximate average salary by contribution assumption: employee only about $119,658 at 4% or $79,772 at 6%; with 50% employer match about $79,772 at 4% or $53,181 at 6%; with 100% employer match about $59,829 at 4% or $39,886 at 6%.
Magswitch Technology Inc 401K Profit Sharing Plan and Trust-19$267,296$90,940$4,786iApproximate average salary by contribution assumption: employee only about $119,658 at 4% or $79,772 at 6%; with 50% employer match about $79,772 at 4% or $53,181 at 6%; with 100% employer match about $59,829 at 4% or $39,886 at 6%.
2014116$182,151$128,064$8,004iApproximate average salary by contribution assumption: employee only about $200,100 at 4% or $133,400 at 6%; with 50% employer match about $133,400 at 4% or $88,933 at 6%; with 100% employer match about $100,050 at 4% or $66,700 at 6%.
Magswitch Technology Inc 401K Profit Sharing Plan and Trust-16$182,151$128,064$8,004iApproximate average salary by contribution assumption: employee only about $200,100 at 4% or $133,400 at 6%; with 50% employer match about $133,400 at 4% or $88,933 at 6%; with 100% employer match about $100,050 at 4% or $66,700 at 6%.
2013110$46,034$43,212$4,321iApproximate average salary by contribution assumption: employee only about $108,030 at 4% or $72,020 at 6%; with 50% employer match about $72,020 at 4% or $48,013 at 6%; with 100% employer match about $54,015 at 4% or $36,010 at 6%.
Magswitch Technology Inc 401K Profit Sharing Plan and Trust-10$46,034$43,212$4,321iApproximate average salary by contribution assumption: employee only about $108,030 at 4% or $72,020 at 6%; with 50% employer match about $72,020 at 4% or $48,013 at 6%; with 100% employer match about $54,015 at 4% or $36,010 at 6%.
201211$3,114$3,011$3,011iApproximate average salary by contribution assumption: employee only about $75,275 at 4% or $50,183 at 6%; with 50% employer match about $50,183 at 4% or $33,456 at 6%; with 100% employer match about $37,638 at 4% or $25,092 at 6%.
Magswitch Technology Inc 401K Profit Sharing Plan and Trust-1$3,114$3,011$3,011iApproximate average salary by contribution assumption: employee only about $75,275 at 4% or $50,183 at 6%; with 50% employer match about $50,183 at 4% or $33,456 at 6%; with 100% employer match about $37,638 at 4% or $25,092 at 6%.