Civic Intelligence

X.Commerce Inc. DBA Magento Inc.

Plan context: Magento Commerce 401(K) Plan

EIN 27-1977854 • San Jose, CA • 9 filings • 2 plans

345 Park AvenueSan Jose, CA 95110
Current Snapshot

Latest Year

2020

2020 Participants

356

2020 Assets

$19,996,067

2020 Contributions

$3,618,136

Historical Graphs

Total Assets Over Time

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

$19,996,067$9,998,034$0201520172019YearValue
$19,996,067Latest year 2019

Participants Over Time

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

5042520201520172019YearValue
356Latest year 2019

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
202010$0$0-
Magento Commerce 401(K) Plan-0$0--
20191356$19,996,067$0-
Magento Commerce 401(K) Plan-356$19,996,067--
20182427$18,944,119$3,618,136$8,473iApproximate average salary by contribution assumption: employee only about $211,835 at 4% or $141,223 at 6%; with 50% employer match about $141,223 at 4% or $94,149 at 6%; with 100% employer match about $105,917 at 4% or $70,612 at 6%.
Magento Commerce 401(K) Plan-427$18,944,119$3,618,136$8,473iApproximate average salary by contribution assumption: employee only about $211,835 at 4% or $141,223 at 6%; with 50% employer match about $141,223 at 4% or $94,149 at 6%; with 100% employer match about $105,917 at 4% or $70,612 at 6%.
Magento Employee Benefits Health & Welfare Plan-0---
20172504$18,956,828$4,666,342$9,259iApproximate average salary by contribution assumption: employee only about $231,465 at 4% or $154,310 at 6%; with 50% employer match about $154,310 at 4% or $102,874 at 6%; with 100% employer match about $115,733 at 4% or $77,155 at 6%.
Magento Commerce 401(K) Plan-392$18,956,828$4,666,342$11,904iApproximate average salary by contribution assumption: employee only about $297,598 at 4% or $198,399 at 6%; with 50% employer match about $198,399 at 4% or $132,266 at 6%; with 100% employer match about $148,799 at 4% or $99,199 at 6%.
Magento Employee Benefits Health & Welfare Plan-504---
20162319$15,596,262$3,824,460$11,989iApproximate average salary by contribution assumption: employee only about $299,723 at 4% or $199,815 at 6%; with 50% employer match about $199,815 at 4% or $133,210 at 6%; with 100% employer match about $149,861 at 4% or $99,908 at 6%.
Magento Commerce 401(K) Plan-300$15,596,262$3,824,460$12,748iApproximate average salary by contribution assumption: employee only about $318,705 at 4% or $212,470 at 6%; with 50% employer match about $212,470 at 4% or $141,647 at 6%; with 100% employer match about $159,353 at 4% or $106,235 at 6%.
Magento Employee Benefits Health & Welfare Plan-319---
20151239$13,603,271$315,951$1,322iApproximate average salary by contribution assumption: employee only about $33,049 at 4% or $22,033 at 6%; with 50% employer match about $22,033 at 4% or $14,689 at 6%; with 100% employer match about $16,525 at 4% or $11,016 at 6%.
Magento Commerce 401(K) Plan-239$13,603,271$315,951$1,322iApproximate average salary by contribution assumption: employee only about $33,049 at 4% or $22,033 at 6%; with 50% employer match about $22,033 at 4% or $14,689 at 6%; with 100% employer match about $16,525 at 4% or $11,016 at 6%.