Civic Intelligence

Mg America Inc.

Plan context: Mg America Profit Sharing 401K Plan

EIN 22-2856537 • Fairfield, NJ • 26 filings • 3 plans

31 Kulick RoadFairfield, NJ 07004
Current Snapshot

Latest Year

2024

2024 Participants

35

2024 Assets

$5,199,189

2024 Contributions

$525,030

Historical Graphs

Total Assets Over Time

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

$5,685,662$2,842,831$0199920132024YearValue
$5,199,189Latest year 2024

Participants Over Time

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

35180199920122024YearValue
35Latest 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
2024135$5,199,189$525,030$15,001iApproximate average salary by contribution assumption: employee only about $375,021 at 4% or $250,014 at 6%; with 50% employer match about $250,014 at 4% or $166,676 at 6%; with 100% employer match about $187,511 at 4% or $125,007 at 6%.
Mg America Profit Sharing 401K Plan-35$5,199,189$525,030$15,001iApproximate average salary by contribution assumption: employee only about $375,021 at 4% or $250,014 at 6%; with 50% employer match about $250,014 at 4% or $166,676 at 6%; with 100% employer match about $187,511 at 4% or $125,007 at 6%.
2023135$5,590,796$386,454$11,042iApproximate average salary by contribution assumption: employee only about $276,039 at 4% or $184,026 at 6%; with 50% employer match about $184,026 at 4% or $122,684 at 6%; with 100% employer match about $138,019 at 4% or $92,013 at 6%.
Mg America Profit Sharing 401K Plan-35$5,590,796$386,454$11,042iApproximate average salary by contribution assumption: employee only about $276,039 at 4% or $184,026 at 6%; with 50% employer match about $184,026 at 4% or $122,684 at 6%; with 100% employer match about $138,019 at 4% or $92,013 at 6%.
2022131$4,927,989$629,763$20,315iApproximate average salary by contribution assumption: employee only about $507,873 at 4% or $338,582 at 6%; with 50% employer match about $338,582 at 4% or $225,722 at 6%; with 100% employer match about $253,937 at 4% or $169,291 at 6%.
Mg America Profit Sharing 401K Plan-31$4,927,989$629,763$20,315iApproximate average salary by contribution assumption: employee only about $507,873 at 4% or $338,582 at 6%; with 50% employer match about $338,582 at 4% or $225,722 at 6%; with 100% employer match about $253,937 at 4% or $169,291 at 6%.
2021129$5,634,029$507,632$17,505iApproximate average salary by contribution assumption: employee only about $437,614 at 4% or $291,743 at 6%; with 50% employer match about $291,743 at 4% or $194,495 at 6%; with 100% employer match about $218,807 at 4% or $145,871 at 6%.
Mg America Profit Sharing 401K Plan-29$5,634,029$507,632$17,505iApproximate average salary by contribution assumption: employee only about $437,614 at 4% or $291,743 at 6%; with 50% employer match about $291,743 at 4% or $194,495 at 6%; with 100% employer match about $218,807 at 4% or $145,871 at 6%.
2020128$5,400,568$352,814$12,601iApproximate average salary by contribution assumption: employee only about $315,013 at 4% or $210,008 at 6%; with 50% employer match about $210,008 at 4% or $140,006 at 6%; with 100% employer match about $157,506 at 4% or $105,004 at 6%.
Mg America Profit Sharing 401K Plan-28$5,400,568$352,814$12,601iApproximate average salary by contribution assumption: employee only about $315,013 at 4% or $210,008 at 6%; with 50% employer match about $210,008 at 4% or $140,006 at 6%; with 100% employer match about $157,506 at 4% or $105,004 at 6%.
2019128$5,685,662$295,231$10,544iApproximate average salary by contribution assumption: employee only about $263,599 at 4% or $175,733 at 6%; with 50% employer match about $175,733 at 4% or $117,155 at 6%; with 100% employer match about $131,800 at 4% or $87,866 at 6%.
Mg America Profit Sharing 401K Plan-28$5,685,662$295,231$10,544iApproximate average salary by contribution assumption: employee only about $263,599 at 4% or $175,733 at 6%; with 50% employer match about $175,733 at 4% or $117,155 at 6%; with 100% employer match about $131,800 at 4% or $87,866 at 6%.
2018129$5,498,300$279,399$9,634iApproximate average salary by contribution assumption: employee only about $240,861 at 4% or $160,574 at 6%; with 50% employer match about $160,574 at 4% or $107,049 at 6%; with 100% employer match about $120,431 at 4% or $80,287 at 6%.
Mg America Profit Sharing 401K Plan-29$5,498,300$279,399$9,634iApproximate average salary by contribution assumption: employee only about $240,861 at 4% or $160,574 at 6%; with 50% employer match about $160,574 at 4% or $107,049 at 6%; with 100% employer match about $120,431 at 4% or $80,287 at 6%.
2017131$5,581,792$296,473$9,564iApproximate average salary by contribution assumption: employee only about $239,091 at 4% or $159,394 at 6%; with 50% employer match about $159,394 at 4% or $106,263 at 6%; with 100% employer match about $119,546 at 4% or $79,697 at 6%.
Mg America Profit Sharing 401K Plan-31$5,581,792$296,473$9,564iApproximate average salary by contribution assumption: employee only about $239,091 at 4% or $159,394 at 6%; with 50% employer match about $159,394 at 4% or $106,263 at 6%; with 100% employer match about $119,546 at 4% or $79,697 at 6%.
2016129$5,229,273$272,215$9,387iApproximate average salary by contribution assumption: employee only about $234,668 at 4% or $156,445 at 6%; with 50% employer match about $156,445 at 4% or $104,297 at 6%; with 100% employer match about $117,334 at 4% or $78,223 at 6%.
Mg America Profit Sharing 401K Plan-29$5,229,273$272,215$9,387iApproximate average salary by contribution assumption: employee only about $234,668 at 4% or $156,445 at 6%; with 50% employer match about $156,445 at 4% or $104,297 at 6%; with 100% employer match about $117,334 at 4% or $78,223 at 6%.
2015127$4,677,891$228,084$8,448iApproximate average salary by contribution assumption: employee only about $211,189 at 4% or $140,793 at 6%; with 50% employer match about $140,793 at 4% or $93,862 at 6%; with 100% employer match about $105,594 at 4% or $70,396 at 6%.
Mg America Profit Sharing 401K Plan-27$4,677,891$228,084$8,448iApproximate average salary by contribution assumption: employee only about $211,189 at 4% or $140,793 at 6%; with 50% employer match about $140,793 at 4% or $93,862 at 6%; with 100% employer match about $105,594 at 4% or $70,396 at 6%.
2014126$4,520,669$216,804$8,339iApproximate average salary by contribution assumption: employee only about $208,465 at 4% or $138,977 at 6%; with 50% employer match about $138,977 at 4% or $92,651 at 6%; with 100% employer match about $104,233 at 4% or $69,488 at 6%.
Mg America Profit Sharing 401K Plan-26$4,520,669$216,804$8,339iApproximate average salary by contribution assumption: employee only about $208,465 at 4% or $138,977 at 6%; with 50% employer match about $138,977 at 4% or $92,651 at 6%; with 100% employer match about $104,233 at 4% or $69,488 at 6%.
2013123$4,146,752$263,134$11,441iApproximate average salary by contribution assumption: employee only about $286,015 at 4% or $190,677 at 6%; with 50% employer match about $190,677 at 4% or $127,118 at 6%; with 100% employer match about $143,008 at 4% or $95,338 at 6%.
Mg America Profit Sharing 401K Plan-23$4,146,752$263,134$11,441iApproximate average salary by contribution assumption: employee only about $286,015 at 4% or $190,677 at 6%; with 50% employer match about $190,677 at 4% or $127,118 at 6%; with 100% employer match about $143,008 at 4% or $95,338 at 6%.
2012122$3,432,401$189,764$8,626iApproximate average salary by contribution assumption: employee only about $215,641 at 4% or $143,761 at 6%; with 50% employer match about $143,761 at 4% or $95,840 at 6%; with 100% employer match about $107,820 at 4% or $71,880 at 6%.
Mg America Profit Sharing 401K Plan-22$3,432,401$189,764$8,626iApproximate average salary by contribution assumption: employee only about $215,641 at 4% or $143,761 at 6%; with 50% employer match about $143,761 at 4% or $95,840 at 6%; with 100% employer match about $107,820 at 4% or $71,880 at 6%.
2011123$2,986,071$188,736$8,206iApproximate average salary by contribution assumption: employee only about $205,148 at 4% or $136,765 at 6%; with 50% employer match about $136,765 at 4% or $91,177 at 6%; with 100% employer match about $102,574 at 4% or $68,383 at 6%.
Mg America Profit Sharing 401K Plan-23$2,986,071$188,736$8,206iApproximate average salary by contribution assumption: employee only about $205,148 at 4% or $136,765 at 6%; with 50% employer match about $136,765 at 4% or $91,177 at 6%; with 100% employer match about $102,574 at 4% or $68,383 at 6%.
2010121$2,977,950$203,374$9,684iApproximate average salary by contribution assumption: employee only about $242,112 at 4% or $161,408 at 6%; with 50% employer match about $161,408 at 4% or $107,605 at 6%; with 100% employer match about $121,056 at 4% or $80,704 at 6%.
Mg America Profit Sharing 401K Plan-21$2,977,950$203,374$9,684iApproximate average salary by contribution assumption: employee only about $242,112 at 4% or $161,408 at 6%; with 50% employer match about $161,408 at 4% or $107,605 at 6%; with 100% employer match about $121,056 at 4% or $80,704 at 6%.
2009121$2,741,435$228,780$10,894iApproximate average salary by contribution assumption: employee only about $272,357 at 4% or $181,571 at 6%; with 50% employer match about $181,571 at 4% or $121,048 at 6%; with 100% employer match about $136,179 at 4% or $90,786 at 6%.
Mg America Profit Sharing 401K Plan-21$2,741,435$228,780$10,894iApproximate average salary by contribution assumption: employee only about $272,357 at 4% or $181,571 at 6%; with 50% employer match about $181,571 at 4% or $121,048 at 6%; with 100% employer match about $136,179 at 4% or $90,786 at 6%.
2008119$0$0-
Mg America Profit Sharing 401K Plan-19---
2007118$2,706,171$257,055$14,281iApproximate average salary by contribution assumption: employee only about $357,021 at 4% or $238,014 at 6%; with 50% employer match about $238,014 at 4% or $158,676 at 6%; with 100% employer match about $178,510 at 4% or $119,007 at 6%.
Mg America Profit Sharing 401K Plan-18$2,706,171$257,055$14,281iApproximate average salary by contribution assumption: employee only about $357,021 at 4% or $238,014 at 6%; with 50% employer match about $238,014 at 4% or $158,676 at 6%; with 100% employer match about $178,510 at 4% or $119,007 at 6%.
2006116$2,265,491$281,457$17,591iApproximate average salary by contribution assumption: employee only about $439,777 at 4% or $293,184 at 6%; with 50% employer match about $293,184 at 4% or $195,456 at 6%; with 100% employer match about $219,888 at 4% or $146,592 at 6%.
Mg America Profit Sharing 401K Plan-16$2,265,491$281,457$17,591iApproximate average salary by contribution assumption: employee only about $439,777 at 4% or $293,184 at 6%; with 50% employer match about $293,184 at 4% or $195,456 at 6%; with 100% employer match about $219,888 at 4% or $146,592 at 6%.
2005115$1,799,358$227,156$15,144iApproximate average salary by contribution assumption: employee only about $378,593 at 4% or $252,396 at 6%; with 50% employer match about $252,396 at 4% or $168,264 at 6%; with 100% employer match about $189,297 at 4% or $126,198 at 6%.
Mg America Profit Sharing 401K Plan-15$1,799,358$227,156$15,144iApproximate average salary by contribution assumption: employee only about $378,593 at 4% or $252,396 at 6%; with 50% employer match about $252,396 at 4% or $168,264 at 6%; with 100% employer match about $189,297 at 4% or $126,198 at 6%.
2004116$1,469,412$237,325$14,833iApproximate average salary by contribution assumption: employee only about $370,820 at 4% or $247,214 at 6%; with 50% employer match about $247,214 at 4% or $164,809 at 6%; with 100% employer match about $185,410 at 4% or $123,607 at 6%.
Mg America Profit Sharing 401K Plan-16$1,469,412$237,325$14,833iApproximate average salary by contribution assumption: employee only about $370,820 at 4% or $247,214 at 6%; with 50% employer match about $247,214 at 4% or $164,809 at 6%; with 100% employer match about $185,410 at 4% or $123,607 at 6%.
2003116$1,211,305$206,552$12,910iApproximate average salary by contribution assumption: employee only about $322,738 at 4% or $215,158 at 6%; with 50% employer match about $215,158 at 4% or $143,439 at 6%; with 100% employer match about $161,369 at 4% or $107,579 at 6%.
Mg America Profit Sharing 401K Plan-16$1,211,305$206,552$12,910iApproximate average salary by contribution assumption: employee only about $322,738 at 4% or $215,158 at 6%; with 50% employer match about $215,158 at 4% or $143,439 at 6%; with 100% employer match about $161,369 at 4% or $107,579 at 6%.
2002115$0$0-
Mg America Profit Sharing 401K Plan-15---
2001113$0$0-
Mg America Profit Sharing 401K Plan-13---
2000111$1,016,200$119,023$10,820iApproximate average salary by contribution assumption: employee only about $270,507 at 4% or $180,338 at 6%; with 50% employer match about $180,338 at 4% or $120,225 at 6%; with 100% employer match about $135,253 at 4% or $90,169 at 6%.
Mg America Profit Sharing 401K Plan-11$1,016,200$119,023$10,820iApproximate average salary by contribution assumption: employee only about $270,507 at 4% or $180,338 at 6%; with 50% employer match about $180,338 at 4% or $120,225 at 6%; with 100% employer match about $135,253 at 4% or $90,169 at 6%.
1999114$1,035,317$97,853$6,990iApproximate average salary by contribution assumption: employee only about $174,738 at 4% or $116,492 at 6%; with 50% employer match about $116,492 at 4% or $77,661 at 6%; with 100% employer match about $87,369 at 4% or $58,246 at 6%.
Mg America Profit Sharing 401K Plan-14$1,035,317$97,853$6,990iApproximate average salary by contribution assumption: employee only about $174,738 at 4% or $116,492 at 6%; with 50% employer match about $116,492 at 4% or $77,661 at 6%; with 100% employer match about $87,369 at 4% or $58,246 at 6%.