Civic Intelligence

Magic Coil Products

Plan context: Magic Coil Products 401(K) Plan

EIN 30-0117461 • Butler, IN • 19 filings • 2 plans

4143 County Rd 61Butler, IN 46721
Current Snapshot

Latest Year

2024

2024 Participants

54

2024 Assets

$6,634,326

2024 Contributions

$495,392

Historical Graphs

Total Assets Over Time

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

$6,634,326$3,317,163$0200620152024YearValue
$6,634,326Latest year 2024

Participants Over Time

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

54270200620152024YearValue
54Latest 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
2024154$6,634,326$495,392$9,174iApproximate average salary by contribution assumption: employee only about $229,348 at 4% or $152,899 at 6%; with 50% employer match about $152,899 at 4% or $101,933 at 6%; with 100% employer match about $114,674 at 4% or $76,449 at 6%.
Magic Coil Products 401(K) Plan-54$6,634,326$495,392$9,174iApproximate average salary by contribution assumption: employee only about $229,348 at 4% or $152,899 at 6%; with 50% employer match about $152,899 at 4% or $101,933 at 6%; with 100% employer match about $114,674 at 4% or $76,449 at 6%.
2023146$5,260,533$369,675$8,036iApproximate average salary by contribution assumption: employee only about $200,910 at 4% or $133,940 at 6%; with 50% employer match about $133,940 at 4% or $89,293 at 6%; with 100% employer match about $100,455 at 4% or $66,970 at 6%.
Magic Coil Products 401(K) Plan-46$5,260,533$369,675$8,036iApproximate average salary by contribution assumption: employee only about $200,910 at 4% or $133,940 at 6%; with 50% employer match about $133,940 at 4% or $89,293 at 6%; with 100% employer match about $100,455 at 4% or $66,970 at 6%.
2022147$4,223,458$365,090$7,768iApproximate average salary by contribution assumption: employee only about $194,197 at 4% or $129,465 at 6%; with 50% employer match about $129,465 at 4% or $86,310 at 6%; with 100% employer match about $97,098 at 4% or $64,732 at 6%.
Magic Coil Products 401(K) Plan-47$4,223,458$365,090$7,768iApproximate average salary by contribution assumption: employee only about $194,197 at 4% or $129,465 at 6%; with 50% employer match about $129,465 at 4% or $86,310 at 6%; with 100% employer match about $97,098 at 4% or $64,732 at 6%.
2021141$5,167,326$389,437$9,498iApproximate average salary by contribution assumption: employee only about $237,462 at 4% or $158,308 at 6%; with 50% employer match about $158,308 at 4% or $105,538 at 6%; with 100% employer match about $118,731 at 4% or $79,154 at 6%.
Magic Coil Products 401(K) Plan-41$5,167,326$389,437$9,498iApproximate average salary by contribution assumption: employee only about $237,462 at 4% or $158,308 at 6%; with 50% employer match about $158,308 at 4% or $105,538 at 6%; with 100% employer match about $118,731 at 4% or $79,154 at 6%.
2020152$4,282,210$331,728$6,379iApproximate average salary by contribution assumption: employee only about $159,485 at 4% or $106,323 at 6%; with 50% employer match about $106,323 at 4% or $70,882 at 6%; with 100% employer match about $79,742 at 4% or $53,162 at 6%.
Magic Coil Products 401(K) Plan-52$4,282,210$331,728$6,379iApproximate average salary by contribution assumption: employee only about $159,485 at 4% or $106,323 at 6%; with 50% employer match about $106,323 at 4% or $70,882 at 6%; with 100% employer match about $79,742 at 4% or $53,162 at 6%.
2019146$4,323,011$276,173$6,004iApproximate average salary by contribution assumption: employee only about $150,094 at 4% or $100,063 at 6%; with 50% employer match about $100,063 at 4% or $66,708 at 6%; with 100% employer match about $75,047 at 4% or $50,031 at 6%.
Magic Coil Products 401(K) Plan-46$4,323,011$276,173$6,004iApproximate average salary by contribution assumption: employee only about $150,094 at 4% or $100,063 at 6%; with 50% employer match about $100,063 at 4% or $66,708 at 6%; with 100% employer match about $75,047 at 4% or $50,031 at 6%.
2018145$3,354,166$318,864$7,086iApproximate average salary by contribution assumption: employee only about $177,147 at 4% or $118,098 at 6%; with 50% employer match about $118,098 at 4% or $78,732 at 6%; with 100% employer match about $88,573 at 4% or $59,049 at 6%.
Magic Coil Products 401(K) Plan-45$3,354,166$318,864$7,086iApproximate average salary by contribution assumption: employee only about $177,147 at 4% or $118,098 at 6%; with 50% employer match about $118,098 at 4% or $78,732 at 6%; with 100% employer match about $88,573 at 4% or $59,049 at 6%.
2017141$3,428,636$287,761$7,019iApproximate average salary by contribution assumption: employee only about $175,464 at 4% or $116,976 at 6%; with 50% employer match about $116,976 at 4% or $77,984 at 6%; with 100% employer match about $87,732 at 4% or $58,488 at 6%.
Magic Coil Products 401(K) Plan-41$3,428,636$287,761$7,019iApproximate average salary by contribution assumption: employee only about $175,464 at 4% or $116,976 at 6%; with 50% employer match about $116,976 at 4% or $77,984 at 6%; with 100% employer match about $87,732 at 4% or $58,488 at 6%.
2016143$2,556,368$193,590$4,502iApproximate average salary by contribution assumption: employee only about $112,552 at 4% or $75,035 at 6%; with 50% employer match about $75,035 at 4% or $50,023 at 6%; with 100% employer match about $56,276 at 4% or $37,517 at 6%.
Magic Coil Products 401(K) Plan-43$2,556,368$193,590$4,502iApproximate average salary by contribution assumption: employee only about $112,552 at 4% or $75,035 at 6%; with 50% employer match about $75,035 at 4% or $50,023 at 6%; with 100% employer match about $56,276 at 4% or $37,517 at 6%.
2015146$2,231,157$222,608$4,839iApproximate average salary by contribution assumption: employee only about $120,983 at 4% or $80,655 at 6%; with 50% employer match about $80,655 at 4% or $53,770 at 6%; with 100% employer match about $60,491 at 4% or $40,328 at 6%.
Magic Coil Products 401(K) Plan-46$2,231,157$222,608$4,839iApproximate average salary by contribution assumption: employee only about $120,983 at 4% or $80,655 at 6%; with 50% employer match about $80,655 at 4% or $53,770 at 6%; with 100% employer match about $60,491 at 4% or $40,328 at 6%.
2014133$2,007,430$158,294$4,797iApproximate average salary by contribution assumption: employee only about $119,920 at 4% or $79,946 at 6%; with 50% employer match about $79,946 at 4% or $53,298 at 6%; with 100% employer match about $59,960 at 4% or $39,973 at 6%.
Magic Coil Products 401(K) Plan-33$2,007,430$158,294$4,797iApproximate average salary by contribution assumption: employee only about $119,920 at 4% or $79,946 at 6%; with 50% employer match about $79,946 at 4% or $53,298 at 6%; with 100% employer match about $59,960 at 4% or $39,973 at 6%.
2013127$1,732,345$147,752$5,472iApproximate average salary by contribution assumption: employee only about $136,807 at 4% or $91,205 at 6%; with 50% employer match about $91,205 at 4% or $60,803 at 6%; with 100% employer match about $68,404 at 4% or $45,602 at 6%.
Magic Coil Products 401(K) Plan-27$1,732,345$147,752$5,472iApproximate average salary by contribution assumption: employee only about $136,807 at 4% or $91,205 at 6%; with 50% employer match about $91,205 at 4% or $60,803 at 6%; with 100% employer match about $68,404 at 4% or $45,602 at 6%.
2012132$1,527,262$186,255$5,820iApproximate average salary by contribution assumption: employee only about $145,512 at 4% or $97,008 at 6%; with 50% employer match about $97,008 at 4% or $64,672 at 6%; with 100% employer match about $72,756 at 4% or $48,504 at 6%.
Magic Coil Products 401(K) Plan-32$1,527,262$186,255$5,820iApproximate average salary by contribution assumption: employee only about $145,512 at 4% or $97,008 at 6%; with 50% employer match about $97,008 at 4% or $64,672 at 6%; with 100% employer match about $72,756 at 4% or $48,504 at 6%.
2011133$1,253,131$187,127$5,671iApproximate average salary by contribution assumption: employee only about $141,763 at 4% or $94,509 at 6%; with 50% employer match about $94,509 at 4% or $63,006 at 6%; with 100% employer match about $70,881 at 4% or $47,254 at 6%.
Magic Coil Products 401(K) Plan-33$1,253,131$187,127$5,671iApproximate average salary by contribution assumption: employee only about $141,763 at 4% or $94,509 at 6%; with 50% employer match about $94,509 at 4% or $63,006 at 6%; with 100% employer match about $70,881 at 4% or $47,254 at 6%.
2010133$1,371,588$205,233$6,219iApproximate average salary by contribution assumption: employee only about $155,480 at 4% or $103,653 at 6%; with 50% employer match about $103,653 at 4% or $69,102 at 6%; with 100% employer match about $77,740 at 4% or $51,827 at 6%.
Magic Coil Products 401(K) Plan-33$1,371,588$205,233$6,219iApproximate average salary by contribution assumption: employee only about $155,480 at 4% or $103,653 at 6%; with 50% employer match about $103,653 at 4% or $69,102 at 6%; with 100% employer match about $77,740 at 4% or $51,827 at 6%.
2009131$1,146,769$196,085$6,325iApproximate average salary by contribution assumption: employee only about $158,133 at 4% or $105,422 at 6%; with 50% employer match about $105,422 at 4% or $70,281 at 6%; with 100% employer match about $79,067 at 4% or $52,711 at 6%.
Magic Coil Products 401(K) Plan-31$1,146,769$196,085$6,325iApproximate average salary by contribution assumption: employee only about $158,133 at 4% or $105,422 at 6%; with 50% employer match about $105,422 at 4% or $70,281 at 6%; with 100% employer match about $79,067 at 4% or $52,711 at 6%.
2008133$896,488$236,175$7,157iApproximate average salary by contribution assumption: employee only about $178,920 at 4% or $119,280 at 6%; with 50% employer match about $119,280 at 4% or $79,520 at 6%; with 100% employer match about $89,460 at 4% or $59,640 at 6%.
Magic Coil Products 401(K) Plan-33$896,488$236,175$7,157iApproximate average salary by contribution assumption: employee only about $178,920 at 4% or $119,280 at 6%; with 50% employer match about $119,280 at 4% or $79,520 at 6%; with 100% employer match about $89,460 at 4% or $59,640 at 6%.
2007139$1,027,094$367,109$9,413iApproximate average salary by contribution assumption: employee only about $235,326 at 4% or $156,884 at 6%; with 50% employer match about $156,884 at 4% or $104,589 at 6%; with 100% employer match about $117,663 at 4% or $78,442 at 6%.
Magic Coil Products 401(K) Plan-39$1,027,094$367,109$9,413iApproximate average salary by contribution assumption: employee only about $235,326 at 4% or $156,884 at 6%; with 50% employer match about $156,884 at 4% or $104,589 at 6%; with 100% employer match about $117,663 at 4% or $78,442 at 6%.
2006140$638,208$214,972$5,374iApproximate average salary by contribution assumption: employee only about $134,358 at 4% or $89,572 at 6%; with 50% employer match about $89,572 at 4% or $59,714 at 6%; with 100% employer match about $67,179 at 4% or $44,786 at 6%.
Magic Coil Products 401(K) Plan-40$638,208$214,972$5,374iApproximate average salary by contribution assumption: employee only about $134,358 at 4% or $89,572 at 6%; with 50% employer match about $89,572 at 4% or $59,714 at 6%; with 100% employer match about $67,179 at 4% or $44,786 at 6%.
Magic Coil Products | EIN 30-0117461 | 2024 Form 5500 Company Profile