Magic American Products Inc.
Plan context: Magic American Products Inc. 401K Profit Sharing Plan & Trust
EIN 22-3860056 • Bedford Heights, OH • 9 filings • 2 plans
Current Snapshot
Latest Year
2010
2010 Participants
39
2010 Assets
$396,835
2010 Contributions
$59,953
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 |
|---|---|---|---|---|---|
| 2010 | 1 | 0 | $0 | $0 | - |
| Magic American Products Inc. 401K Profit Sharing Plan & Trust | - | 0 | $0 | - | - |
| 2009 | 1 | 39 | $396,835 | $59,953 | $1,537iApproximate average salary by contribution assumption: employee only about $38,431 at 4% or $25,621 at 6%; with 50% employer match about $25,621 at 4% or $17,081 at 6%; with 100% employer match about $19,216 at 4% or $12,810 at 6%. |
| Magic American Products Inc. 401K Profit Sharing Plan & Trust | - | 39 | $396,835 | $59,953 | $1,537iApproximate average salary by contribution assumption: employee only about $38,431 at 4% or $25,621 at 6%; with 50% employer match about $25,621 at 4% or $17,081 at 6%; with 100% employer match about $19,216 at 4% or $12,810 at 6%. |
| 2008 | 1 | 21 | $0 | $0 | - |
| Magic American Products Inc. 401K Profit Sharing Plan & Trust | - | 21 | - | - | - |
| 2007 | 1 | 22 | $0 | $0 | - |
| Magic American Products Inc. 401K Profit Sharing Plan & Trust | - | 22 | - | - | - |
| 2006 | 1 | 68 | $427,488 | $88,986 | $1,309iApproximate average salary by contribution assumption: employee only about $32,715 at 4% or $21,810 at 6%; with 50% employer match about $21,810 at 4% or $14,540 at 6%; with 100% employer match about $16,358 at 4% or $10,905 at 6%. |
| Magic American Products Inc. 401K Profit Sharing Plan & Trust | - | 68 | $427,488 | $88,986 | $1,309iApproximate average salary by contribution assumption: employee only about $32,715 at 4% or $21,810 at 6%; with 50% employer match about $21,810 at 4% or $14,540 at 6%; with 100% employer match about $16,358 at 4% or $10,905 at 6%. |
| 2005 | 1 | 15 | $344,655 | $65,982 | $4,399iApproximate average salary by contribution assumption: employee only about $109,970 at 4% or $73,313 at 6%; with 50% employer match about $73,313 at 4% or $48,876 at 6%; with 100% employer match about $54,985 at 4% or $36,657 at 6%. |
| Magic American Products Inc. 401K Profit Sharing Plan & Trust | - | 15 | $344,655 | $65,982 | $4,399iApproximate average salary by contribution assumption: employee only about $109,970 at 4% or $73,313 at 6%; with 50% employer match about $73,313 at 4% or $48,876 at 6%; with 100% employer match about $54,985 at 4% or $36,657 at 6%. |
| 2004 | 1 | 27 | $465,216 | $104,536 | $3,872iApproximate average salary by contribution assumption: employee only about $96,793 at 4% or $64,528 at 6%; with 50% employer match about $64,528 at 4% or $43,019 at 6%; with 100% employer match about $48,396 at 4% or $32,264 at 6%. |
| Magic American Products Inc. 401K Profit Sharing Plan & Trust | - | 27 | $465,216 | $104,536 | $3,872iApproximate average salary by contribution assumption: employee only about $96,793 at 4% or $64,528 at 6%; with 50% employer match about $64,528 at 4% or $43,019 at 6%; with 100% employer match about $48,396 at 4% or $32,264 at 6%. |
| 2003 | 1 | 23 | $324,021 | $218,506 | $9,500iApproximate average salary by contribution assumption: employee only about $237,507 at 4% or $158,338 at 6%; with 50% employer match about $158,338 at 4% or $105,558 at 6%; with 100% employer match about $118,753 at 4% or $79,169 at 6%. |
| Magic American Products Inc. 401K Profit Sharing Plan & Trust | - | 23 | $324,021 | $218,506 | $9,500iApproximate average salary by contribution assumption: employee only about $237,507 at 4% or $158,338 at 6%; with 50% employer match about $158,338 at 4% or $105,558 at 6%; with 100% employer match about $118,753 at 4% or $79,169 at 6%. |
| 2002 | 1 | 24 | $0 | $0 | - |
| Magic American Products Inc. 401K Profit Sharing Plan & Trust | - | 24 | - | - | - |