Civic Intelligence

Magnetation LLC

Plan context: Mag Hourly Plan

EIN 27-2911462 • Grand Rapids, MN • 6 filings • 2 plans

102 NE 3rd Street, Suite 120Grand Rapids, MN 55744
Current Snapshot

Latest Year

2016

2016 Participants

121

2016 Assets

$148,164

2016 Contributions

$146,282

Historical Graphs

Total Assets Over Time

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

$148,164$74,082$0201320142015YearValue
$148,164Latest year 2015

Participants Over Time

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

157790201320142015YearValue
121Latest year 2015

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
201620$0$0-
Mag Hourly Plan-0$0--
MAGNETATION LLC RETIREMENT TRUST-0$0--
20152121$148,164$146,282$1,209iApproximate average salary by contribution assumption: employee only about $30,224 at 4% or $20,149 at 6%; with 50% employer match about $20,149 at 4% or $13,433 at 6%; with 100% employer match about $15,112 at 4% or $10,075 at 6%.
Mag Hourly Plan-121$135,211$125,545$1,038iApproximate average salary by contribution assumption: employee only about $25,939 at 4% or $17,293 at 6%; with 50% employer match about $17,293 at 4% or $11,528 at 6%; with 100% employer match about $12,970 at 4% or $8,646 at 6%.
MAGNETATION LLC RETIREMENT TRUST-6$12,953$20,737$3,456iApproximate average salary by contribution assumption: employee only about $86,404 at 4% or $57,603 at 6%; with 50% employer match about $57,603 at 4% or $38,402 at 6%; with 100% employer match about $43,202 at 4% or $28,801 at 6%.
20141157$30,897$32,723$208iApproximate average salary by contribution assumption: employee only about $5,211 at 4% or $3,474 at 6%; with 50% employer match about $3,474 at 4% or $2,316 at 6%; with 100% employer match about $2,605 at 4% or $1,737 at 6%.
Mag Hourly Plan-157$30,897$32,723$208iApproximate average salary by contribution assumption: employee only about $5,211 at 4% or $3,474 at 6%; with 50% employer match about $3,474 at 4% or $2,316 at 6%; with 100% employer match about $2,605 at 4% or $1,737 at 6%.
20131142$2,028$1,997$14iApproximate average salary by contribution assumption: employee only about $352 at 4% or $234 at 6%; with 50% employer match about $234 at 4% or $156 at 6%; with 100% employer match about $176 at 4% or $117 at 6%.
Mag Hourly Plan-142$2,028$1,997$14iApproximate average salary by contribution assumption: employee only about $352 at 4% or $234 at 6%; with 50% employer match about $234 at 4% or $156 at 6%; with 100% employer match about $176 at 4% or $117 at 6%.
Magnetation LLC | EIN 27-2911462 | 2016 Form 5500 Company Profile