Civic Intelligence

Advanced Magnet Source Corporation

Plan context: ADVANCED MAGNET SOURCE CORPORATION CASH BALANCE PLAN

EIN 20-4762672 • Canton, MI • 21 filings • 3 plans

5033 Belleville RoadCanton, MI 48188
Current Snapshot

Latest Year

2024

2024 Participants

9

2024 Assets

$4,842,249

2024 Contributions

$427,324

Historical Graphs

Total Assets Over Time

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

$4,842,249$2,421,125$0201420192024YearValue
$4,842,249Latest year 2024

Participants Over Time

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

950201420192024YearValue
9Latest 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
202429$4,842,249$427,324$47,480iApproximate average salary by contribution assumption: employee only about $1,187,011 at 4% or $791,341 at 6%; with 50% employer match about $791,341 at 4% or $527,560 at 6%; with 100% employer match about $593,506 at 4% or $395,670 at 6%.
ADVANCED MAGNET SOURCE CORPORATION CASH BALANCE PLAN-8$2,635,115$220,456$27,557iApproximate average salary by contribution assumption: employee only about $688,925 at 4% or $459,283 at 6%; with 50% employer match about $459,283 at 4% or $306,189 at 6%; with 100% employer match about $344,463 at 4% or $229,642 at 6%.
ADVANCED MAGNET SOURCE CORPORATION 401(K) PLAN-9$2,207,134$206,868$22,985iApproximate average salary by contribution assumption: employee only about $574,633 at 4% or $383,089 at 6%; with 50% employer match about $383,089 at 4% or $255,393 at 6%; with 100% employer match about $287,317 at 4% or $191,544 at 6%.
202328$3,723,304$374,990$46,874iApproximate average salary by contribution assumption: employee only about $1,171,844 at 4% or $781,229 at 6%; with 50% employer match about $781,229 at 4% or $520,819 at 6%; with 100% employer match about $585,922 at 4% or $390,615 at 6%.
ADVANCED MAGNET SOURCE CORPORATION CASH BALANCE PLAN-8$2,053,973$219,528$27,441iApproximate average salary by contribution assumption: employee only about $686,025 at 4% or $457,350 at 6%; with 50% employer match about $457,350 at 4% or $304,900 at 6%; with 100% employer match about $343,013 at 4% or $228,675 at 6%.
ADVANCED MAGNET SOURCE CORPORATION 401(K) PLAN-8$1,669,331$155,462$19,433iApproximate average salary by contribution assumption: employee only about $485,819 at 4% or $323,879 at 6%; with 50% employer match about $323,879 at 4% or $215,919 at 6%; with 100% employer match about $242,909 at 4% or $161,940 at 6%.
202228$2,790,227$670,290$83,786iApproximate average salary by contribution assumption: employee only about $2,094,656 at 4% or $1,396,438 at 6%; with 50% employer match about $1,396,438 at 4% or $930,958 at 6%; with 100% employer match about $1,047,328 at 4% or $698,219 at 6%.
ADVANCED MAGNET SOURCE CORPORATION CASH BALANCE PLAN-7$1,580,071$515,364$73,623iApproximate average salary by contribution assumption: employee only about $1,840,586 at 4% or $1,227,057 at 6%; with 50% employer match about $1,227,057 at 4% or $818,038 at 6%; with 100% employer match about $920,293 at 4% or $613,529 at 6%.
ADVANCED MAGNET SOURCE CORPORATION 401(K) PLAN-8$1,210,156$154,926$19,366iApproximate average salary by contribution assumption: employee only about $484,144 at 4% or $322,763 at 6%; with 50% employer match about $322,763 at 4% or $215,175 at 6%; with 100% employer match about $242,072 at 4% or $161,381 at 6%.
202127$2,687,005$216,571$30,939iApproximate average salary by contribution assumption: employee only about $773,468 at 4% or $515,645 at 6%; with 50% employer match about $515,645 at 4% or $343,763 at 6%; with 100% employer match about $386,734 at 4% or $257,823 at 6%.
ADVANCED MAGNET SOURCE CORPORATION CASH BALANCE PLAN-6$1,357,209--
ADVANCED MAGNET SOURCE CORPORATION 401(K) PLAN-7$1,329,796$216,571$30,939iApproximate average salary by contribution assumption: employee only about $773,468 at 4% or $515,645 at 6%; with 50% employer match about $515,645 at 4% or $343,763 at 6%; with 100% employer match about $386,734 at 4% or $257,823 at 6%.
202027$2,177,691$417,969$59,710iApproximate average salary by contribution assumption: employee only about $1,492,746 at 4% or $995,164 at 6%; with 50% employer match about $995,164 at 4% or $663,443 at 6%; with 100% employer match about $746,373 at 4% or $497,582 at 6%.
ADVANCED MAGNET SOURCE CORPORATION CASH BALANCE PLAN-7$1,232,922$210,750$30,107iApproximate average salary by contribution assumption: employee only about $752,679 at 4% or $501,786 at 6%; with 50% employer match about $501,786 at 4% or $334,524 at 6%; with 100% employer match about $376,339 at 4% or $250,893 at 6%.
ADVANCED MAGNET SOURCE CORPORATION 401(K) PLAN-7$944,769$207,219$29,603iApproximate average salary by contribution assumption: employee only about $740,068 at 4% or $493,379 at 6%; with 50% employer match about $493,379 at 4% or $328,919 at 6%; with 100% employer match about $370,034 at 4% or $246,689 at 6%.
201926$1,461,050$327,152$54,525iApproximate average salary by contribution assumption: employee only about $1,363,133 at 4% or $908,756 at 6%; with 50% employer match about $908,756 at 4% or $605,837 at 6%; with 100% employer match about $681,567 at 4% or $454,378 at 6%.
ADVANCED MAGNET SOURCE CORPORATION CASH BALANCE PLAN-6$869,706$209,000$34,833iApproximate average salary by contribution assumption: employee only about $870,833 at 4% or $580,556 at 6%; with 50% employer match about $580,556 at 4% or $387,037 at 6%; with 100% employer match about $435,417 at 4% or $290,278 at 6%.
ADVANCED MAGNET SOURCE CORPORATION 401(K) PLAN-6$591,344$118,152$19,692iApproximate average salary by contribution assumption: employee only about $492,300 at 4% or $328,200 at 6%; with 50% employer match about $328,200 at 4% or $218,800 at 6%; with 100% employer match about $246,150 at 4% or $164,100 at 6%.
201827$1,041,160$347,220$49,603iApproximate average salary by contribution assumption: employee only about $1,240,071 at 4% or $826,714 at 6%; with 50% employer match about $826,714 at 4% or $551,143 at 6%; with 100% employer match about $620,036 at 4% or $413,357 at 6%.
ADVANCED MAGNET SOURCE CORPORATION CASH BALANCE PLAN-7$593,722$204,026$29,147iApproximate average salary by contribution assumption: employee only about $728,664 at 4% or $485,776 at 6%; with 50% employer match about $485,776 at 4% or $323,851 at 6%; with 100% employer match about $364,332 at 4% or $242,888 at 6%.
ADVANCED MAGNET SOURCE CORPORATION 401(K) PLAN-7$447,438$143,194$20,456iApproximate average salary by contribution assumption: employee only about $511,407 at 4% or $340,938 at 6%; with 50% employer match about $340,938 at 4% or $227,292 at 6%; with 100% employer match about $255,704 at 4% or $170,469 at 6%.
201727$742,893$323,010$46,144iApproximate average salary by contribution assumption: employee only about $1,153,607 at 4% or $769,071 at 6%; with 50% employer match about $769,071 at 4% or $512,714 at 6%; with 100% employer match about $576,804 at 4% or $384,536 at 6%.
ADVANCED MAGNET SOURCE CORPORATION CASH BALANCE PLAN-7$410,078$199,858$28,551iApproximate average salary by contribution assumption: employee only about $713,779 at 4% or $475,852 at 6%; with 50% employer match about $475,852 at 4% or $317,235 at 6%; with 100% employer match about $356,889 at 4% or $237,926 at 6%.
ADVANCED MAGNET SOURCE CORPORATION 401(K) PLAN-7$332,815$123,152$17,593iApproximate average salary by contribution assumption: employee only about $439,829 at 4% or $293,219 at 6%; with 50% employer match about $293,219 at 4% or $195,479 at 6%; with 100% employer match about $219,914 at 4% or $146,610 at 6%.
201637$366,364$364,448$52,064iApproximate average salary by contribution assumption: employee only about $1,301,600 at 4% or $867,733 at 6%; with 50% employer match about $867,733 at 4% or $578,489 at 6%; with 100% employer match about $650,800 at 4% or $433,867 at 6%.
ADVANCED MAGNET SOURCE CORPORATION CASH BALANCE PLAN-7$198,330$198,330$28,333iApproximate average salary by contribution assumption: employee only about $708,321 at 4% or $472,214 at 6%; with 50% employer match about $472,214 at 4% or $314,810 at 6%; with 100% employer match about $354,161 at 4% or $236,107 at 6%.
ADVANCED MAGNET SOURCE CORPORATION 401(K) PLAN-7$168,034$166,118$23,731iApproximate average salary by contribution assumption: employee only about $593,279 at 4% or $395,519 at 6%; with 50% employer match about $395,519 at 4% or $263,679 at 6%; with 100% employer match about $296,639 at 4% or $197,760 at 6%.
Advanced Magnet Source Corporation Profit Sharing Plan-0$0--
201513$384,697$89,195$29,732iApproximate average salary by contribution assumption: employee only about $743,292 at 4% or $495,528 at 6%; with 50% employer match about $495,528 at 4% or $330,352 at 6%; with 100% employer match about $371,646 at 4% or $247,764 at 6%.
Advanced Magnet Source Corporation Profit Sharing Plan-3$384,697$89,195$29,732iApproximate average salary by contribution assumption: employee only about $743,292 at 4% or $495,528 at 6%; with 50% employer match about $495,528 at 4% or $330,352 at 6%; with 100% employer match about $371,646 at 4% or $247,764 at 6%.
201412$298,561$97,872$48,936iApproximate average salary by contribution assumption: employee only about $1,223,400 at 4% or $815,600 at 6%; with 50% employer match about $815,600 at 4% or $543,733 at 6%; with 100% employer match about $611,700 at 4% or $407,800 at 6%.
Advanced Magnet Source Corporation Profit Sharing Plan-2$298,561$97,872$48,936iApproximate average salary by contribution assumption: employee only about $1,223,400 at 4% or $815,600 at 6%; with 50% employer match about $815,600 at 4% or $543,733 at 6%; with 100% employer match about $611,700 at 4% or $407,800 at 6%.