Glen Magnetics Inc.
Plan context: Glen Magnetics Inc. Profit Sharing Plan
EIN 22-1993743 • Alpha, NJ • 25 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
22
2024 Assets
$492,393
2024 Contributions
$20,000
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 | 22 | $492,393 | $20,000 | $909iApproximate average salary by contribution assumption: employee only about $22,727 at 4% or $15,152 at 6%; with 50% employer match about $15,152 at 4% or $10,101 at 6%; with 100% employer match about $11,364 at 4% or $7,576 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 22 | $492,393 | $20,000 | $909iApproximate average salary by contribution assumption: employee only about $22,727 at 4% or $15,152 at 6%; with 50% employer match about $15,152 at 4% or $10,101 at 6%; with 100% employer match about $11,364 at 4% or $7,576 at 6%. |
| 2023 | 1 | 21 | $459,959 | $20,000 | $952iApproximate average salary by contribution assumption: employee only about $23,810 at 4% or $15,873 at 6%; with 50% employer match about $15,873 at 4% or $10,582 at 6%; with 100% employer match about $11,905 at 4% or $7,937 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 21 | $459,959 | $20,000 | $952iApproximate average salary by contribution assumption: employee only about $23,810 at 4% or $15,873 at 6%; with 50% employer match about $15,873 at 4% or $10,582 at 6%; with 100% employer match about $11,905 at 4% or $7,937 at 6%. |
| 2022 | 1 | 23 | $438,315 | $20,000 | $870iApproximate average salary by contribution assumption: employee only about $21,739 at 4% or $14,493 at 6%; with 50% employer match about $14,493 at 4% or $9,662 at 6%; with 100% employer match about $10,870 at 4% or $7,246 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 23 | $438,315 | $20,000 | $870iApproximate average salary by contribution assumption: employee only about $21,739 at 4% or $14,493 at 6%; with 50% employer match about $14,493 at 4% or $9,662 at 6%; with 100% employer match about $10,870 at 4% or $7,246 at 6%. |
| 2021 | 1 | 26 | $543,554 | $5,000 | $192iApproximate average salary by contribution assumption: employee only about $4,808 at 4% or $3,205 at 6%; with 50% employer match about $3,205 at 4% or $2,137 at 6%; with 100% employer match about $2,404 at 4% or $1,603 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 26 | $543,554 | $5,000 | $192iApproximate average salary by contribution assumption: employee only about $4,808 at 4% or $3,205 at 6%; with 50% employer match about $3,205 at 4% or $2,137 at 6%; with 100% employer match about $2,404 at 4% or $1,603 at 6%. |
| 2020 | 1 | 27 | $537,284 | $16,509 | $611iApproximate average salary by contribution assumption: employee only about $15,286 at 4% or $10,191 at 6%; with 50% employer match about $10,191 at 4% or $6,794 at 6%; with 100% employer match about $7,643 at 4% or $5,095 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 27 | $537,284 | $16,509 | $611iApproximate average salary by contribution assumption: employee only about $15,286 at 4% or $10,191 at 6%; with 50% employer match about $10,191 at 4% or $6,794 at 6%; with 100% employer match about $7,643 at 4% or $5,095 at 6%. |
| 2019 | 1 | 31 | $522,338 | $0 | - |
| Glen Magnetics Inc. Profit Sharing Plan | - | 31 | $522,338 | $0 | - |
| 2018 | 1 | 29 | $555,475 | $25,000 | $862iApproximate average salary by contribution assumption: employee only about $21,552 at 4% or $14,368 at 6%; with 50% employer match about $14,368 at 4% or $9,579 at 6%; with 100% employer match about $10,776 at 4% or $7,184 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 29 | $555,475 | $25,000 | $862iApproximate average salary by contribution assumption: employee only about $21,552 at 4% or $14,368 at 6%; with 50% employer match about $14,368 at 4% or $9,579 at 6%; with 100% employer match about $10,776 at 4% or $7,184 at 6%. |
| 2017 | 1 | 27 | $528,074 | $25,000 | $926iApproximate average salary by contribution assumption: employee only about $23,148 at 4% or $15,432 at 6%; with 50% employer match about $15,432 at 4% or $10,288 at 6%; with 100% employer match about $11,574 at 4% or $7,716 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 27 | $528,074 | $25,000 | $926iApproximate average salary by contribution assumption: employee only about $23,148 at 4% or $15,432 at 6%; with 50% employer match about $15,432 at 4% or $10,288 at 6%; with 100% employer match about $11,574 at 4% or $7,716 at 6%. |
| 2016 | 1 | 31 | $514,480 | $25,000 | $806iApproximate average salary by contribution assumption: employee only about $20,161 at 4% or $13,441 at 6%; with 50% employer match about $13,441 at 4% or $8,961 at 6%; with 100% employer match about $10,081 at 4% or $6,720 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 31 | $514,480 | $25,000 | $806iApproximate average salary by contribution assumption: employee only about $20,161 at 4% or $13,441 at 6%; with 50% employer match about $13,441 at 4% or $8,961 at 6%; with 100% employer match about $10,081 at 4% or $6,720 at 6%. |
| 2015 | 1 | 34 | $481,181 | $30,000 | $882iApproximate average salary by contribution assumption: employee only about $22,059 at 4% or $14,706 at 6%; with 50% employer match about $14,706 at 4% or $9,804 at 6%; with 100% employer match about $11,029 at 4% or $7,353 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 34 | $481,181 | $30,000 | $882iApproximate average salary by contribution assumption: employee only about $22,059 at 4% or $14,706 at 6%; with 50% employer match about $14,706 at 4% or $9,804 at 6%; with 100% employer match about $11,029 at 4% or $7,353 at 6%. |
| 2014 | 1 | 36 | $471,937 | $31,227 | $867iApproximate average salary by contribution assumption: employee only about $21,685 at 4% or $14,457 at 6%; with 50% employer match about $14,457 at 4% or $9,638 at 6%; with 100% employer match about $10,843 at 4% or $7,228 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 36 | $471,937 | $31,227 | $867iApproximate average salary by contribution assumption: employee only about $21,685 at 4% or $14,457 at 6%; with 50% employer match about $14,457 at 4% or $9,638 at 6%; with 100% employer match about $10,843 at 4% or $7,228 at 6%. |
| 2013 | 1 | 37 | $458,449 | $30,000 | $811iApproximate average salary by contribution assumption: employee only about $20,270 at 4% or $13,514 at 6%; with 50% employer match about $13,514 at 4% or $9,009 at 6%; with 100% employer match about $10,135 at 4% or $6,757 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 37 | $458,449 | $30,000 | $811iApproximate average salary by contribution assumption: employee only about $20,270 at 4% or $13,514 at 6%; with 50% employer match about $13,514 at 4% or $9,009 at 6%; with 100% employer match about $10,135 at 4% or $6,757 at 6%. |
| 2012 | 1 | 37 | $439,627 | $30,000 | $811iApproximate average salary by contribution assumption: employee only about $20,270 at 4% or $13,514 at 6%; with 50% employer match about $13,514 at 4% or $9,009 at 6%; with 100% employer match about $10,135 at 4% or $6,757 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 37 | $439,627 | $30,000 | $811iApproximate average salary by contribution assumption: employee only about $20,270 at 4% or $13,514 at 6%; with 50% employer match about $13,514 at 4% or $9,009 at 6%; with 100% employer match about $10,135 at 4% or $6,757 at 6%. |
| 2011 | 1 | 37 | $427,694 | $20,000 | $541iApproximate average salary by contribution assumption: employee only about $13,514 at 4% or $9,009 at 6%; with 50% employer match about $9,009 at 4% or $6,006 at 6%; with 100% employer match about $6,757 at 4% or $4,505 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 37 | $427,694 | $20,000 | $541iApproximate average salary by contribution assumption: employee only about $13,514 at 4% or $9,009 at 6%; with 50% employer match about $9,009 at 4% or $6,006 at 6%; with 100% employer match about $6,757 at 4% or $4,505 at 6%. |
| 2010 | 1 | 34 | $406,505 | $20,385 | $600iApproximate average salary by contribution assumption: employee only about $14,989 at 4% or $9,993 at 6%; with 50% employer match about $9,993 at 4% or $6,662 at 6%; with 100% employer match about $7,494 at 4% or $4,996 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 34 | $406,505 | $20,385 | $600iApproximate average salary by contribution assumption: employee only about $14,989 at 4% or $9,993 at 6%; with 50% employer match about $9,993 at 4% or $6,662 at 6%; with 100% employer match about $7,494 at 4% or $4,996 at 6%. |
| 2009 | 1 | 34 | $387,349 | $20,000 | $588iApproximate average salary by contribution assumption: employee only about $14,706 at 4% or $9,804 at 6%; with 50% employer match about $9,804 at 4% or $6,536 at 6%; with 100% employer match about $7,353 at 4% or $4,902 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 34 | $387,349 | $20,000 | $588iApproximate average salary by contribution assumption: employee only about $14,706 at 4% or $9,804 at 6%; with 50% employer match about $9,804 at 4% or $6,536 at 6%; with 100% employer match about $7,353 at 4% or $4,902 at 6%. |
| 2008 | 1 | 29 | $373,129 | $10,000 | $345iApproximate average salary by contribution assumption: employee only about $8,621 at 4% or $5,747 at 6%; with 50% employer match about $5,747 at 4% or $3,831 at 6%; with 100% employer match about $4,310 at 4% or $2,874 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 29 | $373,129 | $10,000 | $345iApproximate average salary by contribution assumption: employee only about $8,621 at 4% or $5,747 at 6%; with 50% employer match about $5,747 at 4% or $3,831 at 6%; with 100% employer match about $4,310 at 4% or $2,874 at 6%. |
| 2007 | 1 | 28 | $0 | $0 | - |
| Glen Magnetics Inc. Profit Sharing Plan | - | 28 | - | - | - |
| 2006 | 1 | 21 | $370,983 | $5,000 | $238iApproximate average salary by contribution assumption: employee only about $5,952 at 4% or $3,968 at 6%; with 50% employer match about $3,968 at 4% or $2,646 at 6%; with 100% employer match about $2,976 at 4% or $1,984 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 21 | $370,983 | $5,000 | $238iApproximate average salary by contribution assumption: employee only about $5,952 at 4% or $3,968 at 6%; with 50% employer match about $3,968 at 4% or $2,646 at 6%; with 100% employer match about $2,976 at 4% or $1,984 at 6%. |
| 2005 | 1 | 24 | $333,495 | $20,000 | $833iApproximate average salary by contribution assumption: employee only about $20,833 at 4% or $13,889 at 6%; with 50% employer match about $13,889 at 4% or $9,259 at 6%; with 100% employer match about $10,417 at 4% or $6,944 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 24 | $333,495 | $20,000 | $833iApproximate average salary by contribution assumption: employee only about $20,833 at 4% or $13,889 at 6%; with 50% employer match about $13,889 at 4% or $9,259 at 6%; with 100% employer match about $10,417 at 4% or $6,944 at 6%. |
| 2003 | 1 | 25 | $352,501 | $20,000 | $800iApproximate average salary by contribution assumption: employee only about $20,000 at 4% or $13,333 at 6%; with 50% employer match about $13,333 at 4% or $8,889 at 6%; with 100% employer match about $10,000 at 4% or $6,667 at 6%. |
| Glen Magnetics Inc. Profit Sharing Plan | - | 25 | $352,501 | $20,000 | $800iApproximate average salary by contribution assumption: employee only about $20,000 at 4% or $13,333 at 6%; with 50% employer match about $13,333 at 4% or $8,889 at 6%; with 100% employer match about $10,000 at 4% or $6,667 at 6%. |
| 2002 | 1 | 19 | $366,447 | $0 | - |
| Glen Magnetics Inc. Profit Sharing Plan | - | 19 | $366,447 | - | - |
| 2001 | 1 | 32 | $378,211 | $0 | - |
| Glen Magnetics Inc. Profit Sharing Plan | - | 32 | $378,211 | - | - |
| 2000 | 1 | 29 | $0 | $0 | - |
| Glen Magnetics Inc. Profit Sharing Plan | - | 29 | - | - | - |
| 1999 | 1 | 47 | $358,312 | $0 | - |
| Glen Magnetics Inc. Profit Sharing Plan | - | 47 | $358,312 | - | - |