Mags Enterprises Inc.
Plan context: Mags Enterprises Inc. Profit Sharing Plan
EIN 27-5485727 • 14 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
2
2024 Assets
$535,479
2024 Contributions
$11,589
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 |
|---|---|---|---|---|---|
| 2024 | 1 | 2 | $535,479 | $0 | - |
| Mags Enterprises Inc. Profit Sharing Plan | - | 2 | $535,479 | - | - |
| 2023 | 1 | 2 | $533,366 | $0 | - |
| Mags Enterprises Inc. Profit Sharing Plan | - | 2 | $533,366 | - | - |
| 2022 | 1 | 2 | $854,440 | $11,589 | $5,795iApproximate average salary by contribution assumption: employee only about $144,863 at 4% or $96,575 at 6%; with 50% employer match about $96,575 at 4% or $64,383 at 6%; with 100% employer match about $72,431 at 4% or $48,288 at 6%. |
| Mags Enterprises Inc. Profit Sharing Plan | - | 2 | $854,440 | $11,589 | $5,795iApproximate average salary by contribution assumption: employee only about $144,863 at 4% or $96,575 at 6%; with 50% employer match about $96,575 at 4% or $64,383 at 6%; with 100% employer match about $72,431 at 4% or $48,288 at 6%. |
| 2021 | 1 | 2 | $753,087 | $9,135 | $4,568iApproximate average salary by contribution assumption: employee only about $114,188 at 4% or $76,125 at 6%; with 50% employer match about $76,125 at 4% or $50,750 at 6%; with 100% employer match about $57,094 at 4% or $38,063 at 6%. |
| Mags Enterprises Inc. Profit Sharing Plan | - | 2 | $753,087 | $9,135 | $4,568iApproximate average salary by contribution assumption: employee only about $114,188 at 4% or $76,125 at 6%; with 50% employer match about $76,125 at 4% or $50,750 at 6%; with 100% employer match about $57,094 at 4% or $38,063 at 6%. |
| 2020 | 1 | 2 | $752,906 | $0 | - |
| Mags Enterprises Inc. Profit Sharing Plan | - | 2 | $752,906 | - | - |
| 2019 | 1 | 2 | $784,032 | $0 | - |
| Mags Enterprises Inc. Profit Sharing Plan | - | 2 | $784,032 | - | - |
| 2018 | 1 | 2 | $948,818 | $0 | - |
| Mags Enterprises Inc. Profit Sharing Plan | - | 2 | $948,818 | - | - |
| 2017 | 1 | 4 | $1,377,218 | $0 | - |
| Mags Enterprises Inc. Profit Sharing Plan | - | 4 | $1,377,218 | - | - |
| 2016 | 1 | 4 | $760,000 | $0 | - |
| Mags Enterprises Inc. Profit Sharing Plan | - | 4 | $760,000 | - | - |
| 2015 | 1 | 11 | $1,000,000 | $0 | - |
| Mags Enterprises Inc. Profit Sharing Plan | - | 11 | $1,000,000 | - | - |
| 2014 | 1 | 9 | $625,000 | $0 | - |
| Mags Enterprises Inc. Profit Sharing Plan | - | 9 | $625,000 | - | - |
| 2013 | 1 | 9 | $163,070 | $0 | - |
| Mags Enterprises Inc. Profit Sharing Plan | - | 9 | $163,070 | - | - |
| 2012 | 1 | 2 | $150,355 | $0 | - |
| Mags Enterprises Inc. Profit Sharing Plan | - | 2 | $150,355 | - | - |
| 2011 | 1 | 2 | $34,726 | $116,578 | $58,289iApproximate average salary by contribution assumption: employee only about $1,457,225 at 4% or $971,483 at 6%; with 50% employer match about $971,483 at 4% or $647,656 at 6%; with 100% employer match about $728,613 at 4% or $485,742 at 6%. |
| Mags Enterprises Inc. Profit Sharing Plan | - | 2 | $34,726 | $116,578 | $58,289iApproximate average salary by contribution assumption: employee only about $1,457,225 at 4% or $971,483 at 6%; with 50% employer match about $971,483 at 4% or $647,656 at 6%; with 100% employer match about $728,613 at 4% or $485,742 at 6%. |