Civic Intelligence

Magnatech International Inc.

Plan context: Magnatech International Inc. 401(K) Plan

EIN 27-1376367 • Robesonia, PA • 15 filings • 1 plans

17 East Meadow AvenueRobesonia, PA 19551-0000
Current Snapshot

Latest Year

2024

2024 Participants

34

2024 Assets

$13,098,156

2024 Contributions

$431,680

Historical Graphs

Total Assets Over Time

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

$13,098,156$6,549,078$0201020172024YearValue
$13,098,156Latest year 2024

Participants Over Time

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

42210201020172024YearValue
34Latest 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
2024134$13,098,156$431,680$12,696iApproximate average salary by contribution assumption: employee only about $317,412 at 4% or $211,608 at 6%; with 50% employer match about $211,608 at 4% or $141,072 at 6%; with 100% employer match about $158,706 at 4% or $105,804 at 6%.
Magnatech International Inc. 401(K) Plan-34$13,098,156$431,680$12,696iApproximate average salary by contribution assumption: employee only about $317,412 at 4% or $211,608 at 6%; with 50% employer match about $211,608 at 4% or $141,072 at 6%; with 100% employer match about $158,706 at 4% or $105,804 at 6%.
2023138$12,233,965$515,032$13,553iApproximate average salary by contribution assumption: employee only about $338,837 at 4% or $225,891 at 6%; with 50% employer match about $225,891 at 4% or $150,594 at 6%; with 100% employer match about $169,418 at 4% or $112,946 at 6%.
Magnatech International Inc. 401(K) Plan-38$12,233,965$515,032$13,553iApproximate average salary by contribution assumption: employee only about $338,837 at 4% or $225,891 at 6%; with 50% employer match about $225,891 at 4% or $150,594 at 6%; with 100% employer match about $169,418 at 4% or $112,946 at 6%.
2022140$10,162,341$474,883$11,872iApproximate average salary by contribution assumption: employee only about $296,802 at 4% or $197,868 at 6%; with 50% employer match about $197,868 at 4% or $131,912 at 6%; with 100% employer match about $148,401 at 4% or $98,934 at 6%.
Magnatech International Inc. 401(K) Plan-40$10,162,341$474,883$11,872iApproximate average salary by contribution assumption: employee only about $296,802 at 4% or $197,868 at 6%; with 50% employer match about $197,868 at 4% or $131,912 at 6%; with 100% employer match about $148,401 at 4% or $98,934 at 6%.
2021139$12,573,539$308,674$7,915iApproximate average salary by contribution assumption: employee only about $197,868 at 4% or $131,912 at 6%; with 50% employer match about $131,912 at 4% or $87,941 at 6%; with 100% employer match about $98,934 at 4% or $65,956 at 6%.
Magnatech International Inc. 401(K) Plan-39$12,573,539$308,674$7,915iApproximate average salary by contribution assumption: employee only about $197,868 at 4% or $131,912 at 6%; with 50% employer match about $131,912 at 4% or $87,941 at 6%; with 100% employer match about $98,934 at 4% or $65,956 at 6%.
2020140$10,902,795$405,249$10,131iApproximate average salary by contribution assumption: employee only about $253,281 at 4% or $168,854 at 6%; with 50% employer match about $168,854 at 4% or $112,569 at 6%; with 100% employer match about $126,640 at 4% or $84,427 at 6%.
Magnatech International Inc. 401(K) Plan-40$10,902,795$405,249$10,131iApproximate average salary by contribution assumption: employee only about $253,281 at 4% or $168,854 at 6%; with 50% employer match about $168,854 at 4% or $112,569 at 6%; with 100% employer match about $126,640 at 4% or $84,427 at 6%.
2019140$9,101,307$551,278$13,782iApproximate average salary by contribution assumption: employee only about $344,549 at 4% or $229,699 at 6%; with 50% employer match about $229,699 at 4% or $153,133 at 6%; with 100% employer match about $172,274 at 4% or $114,850 at 6%.
Magnatech International Inc. 401(K) Plan-40$9,101,307$551,278$13,782iApproximate average salary by contribution assumption: employee only about $344,549 at 4% or $229,699 at 6%; with 50% employer match about $229,699 at 4% or $153,133 at 6%; with 100% employer match about $172,274 at 4% or $114,850 at 6%.
2018138$7,179,991$688,155$18,109iApproximate average salary by contribution assumption: employee only about $452,734 at 4% or $301,822 at 6%; with 50% employer match about $301,822 at 4% or $201,215 at 6%; with 100% employer match about $226,367 at 4% or $150,911 at 6%.
Magnatech International Inc. 401(K) Plan-38$7,179,991$688,155$18,109iApproximate average salary by contribution assumption: employee only about $452,734 at 4% or $301,822 at 6%; with 50% employer match about $301,822 at 4% or $201,215 at 6%; with 100% employer match about $226,367 at 4% or $150,911 at 6%.
2017139$7,089,393$329,391$8,446iApproximate average salary by contribution assumption: employee only about $211,148 at 4% or $140,765 at 6%; with 50% employer match about $140,765 at 4% or $93,844 at 6%; with 100% employer match about $105,574 at 4% or $70,383 at 6%.
Magnatech International Inc. 401(K) Plan-39$7,089,393$329,391$8,446iApproximate average salary by contribution assumption: employee only about $211,148 at 4% or $140,765 at 6%; with 50% employer match about $140,765 at 4% or $93,844 at 6%; with 100% employer match about $105,574 at 4% or $70,383 at 6%.
2016137$5,879,205$171,853$4,645iApproximate average salary by contribution assumption: employee only about $116,117 at 4% or $77,411 at 6%; with 50% employer match about $77,411 at 4% or $51,608 at 6%; with 100% employer match about $58,058 at 4% or $38,706 at 6%.
Magnatech International Inc. 401(K) Plan-37$5,879,205$171,853$4,645iApproximate average salary by contribution assumption: employee only about $116,117 at 4% or $77,411 at 6%; with 50% employer match about $77,411 at 4% or $51,608 at 6%; with 100% employer match about $58,058 at 4% or $38,706 at 6%.
2015137$5,952,840$287,664$7,775iApproximate average salary by contribution assumption: employee only about $194,368 at 4% or $129,578 at 6%; with 50% employer match about $129,578 at 4% or $86,386 at 6%; with 100% employer match about $97,184 at 4% or $64,789 at 6%.
Magnatech International Inc. 401(K) Plan-37$5,952,840$287,664$7,775iApproximate average salary by contribution assumption: employee only about $194,368 at 4% or $129,578 at 6%; with 50% employer match about $129,578 at 4% or $86,386 at 6%; with 100% employer match about $97,184 at 4% or $64,789 at 6%.
2014138$5,889,693$375,439$9,880iApproximate average salary by contribution assumption: employee only about $246,999 at 4% or $164,666 at 6%; with 50% employer match about $164,666 at 4% or $109,777 at 6%; with 100% employer match about $123,500 at 4% or $82,333 at 6%.
Magnatech International Inc. 401(K) Plan-38$5,889,693$375,439$9,880iApproximate average salary by contribution assumption: employee only about $246,999 at 4% or $164,666 at 6%; with 50% employer match about $164,666 at 4% or $109,777 at 6%; with 100% employer match about $123,500 at 4% or $82,333 at 6%.
2013137$5,250,574$168,284$4,548iApproximate average salary by contribution assumption: employee only about $113,705 at 4% or $75,804 at 6%; with 50% employer match about $75,804 at 4% or $50,536 at 6%; with 100% employer match about $56,853 at 4% or $37,902 at 6%.
Magnatech International Inc. 401(K) Plan-37$5,250,574$168,284$4,548iApproximate average salary by contribution assumption: employee only about $113,705 at 4% or $75,804 at 6%; with 50% employer match about $75,804 at 4% or $50,536 at 6%; with 100% employer match about $56,853 at 4% or $37,902 at 6%.
2012141$5,612,376$447,269$10,909iApproximate average salary by contribution assumption: employee only about $272,725 at 4% or $181,817 at 6%; with 50% employer match about $181,817 at 4% or $121,211 at 6%; with 100% employer match about $136,363 at 4% or $90,908 at 6%.
Magnatech International Inc. 401(K) Plan-41$5,612,376$447,269$10,909iApproximate average salary by contribution assumption: employee only about $272,725 at 4% or $181,817 at 6%; with 50% employer match about $181,817 at 4% or $121,211 at 6%; with 100% employer match about $136,363 at 4% or $90,908 at 6%.
2011142$4,828,129$538,840$12,830iApproximate average salary by contribution assumption: employee only about $320,738 at 4% or $213,825 at 6%; with 50% employer match about $213,825 at 4% or $142,550 at 6%; with 100% employer match about $160,369 at 4% or $106,913 at 6%.
Magnatech International Inc. 401(K) Plan-42$4,828,129$538,840$12,830iApproximate average salary by contribution assumption: employee only about $320,738 at 4% or $213,825 at 6%; with 50% employer match about $213,825 at 4% or $142,550 at 6%; with 100% employer match about $160,369 at 4% or $106,913 at 6%.
2010137$4,558,638$271,835$7,347iApproximate average salary by contribution assumption: employee only about $183,672 at 4% or $122,448 at 6%; with 50% employer match about $122,448 at 4% or $81,632 at 6%; with 100% employer match about $91,836 at 4% or $61,224 at 6%.
Magnatech International Inc. 401(K) Plan-37$4,558,638$271,835$7,347iApproximate average salary by contribution assumption: employee only about $183,672 at 4% or $122,448 at 6%; with 50% employer match about $122,448 at 4% or $81,632 at 6%; with 100% employer match about $91,836 at 4% or $61,224 at 6%.
Magnatech International Inc. | EIN 27-1376367 | 2024 Form 5500 Company Profile