Magna Machine Company
Plan context: Magna Machine Company 401K Plan
EIN 31-0559326 • Cincinnati, OH • 40 filings • 4 plans
Current Snapshot
Latest Year
2024
2024 Participants
145
2024 Assets
$8,395,354
2024 Contributions
$801,593
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 | 2 | 145 | $8,395,354 | $801,593 | $5,528iApproximate average salary by contribution assumption: employee only about $138,206 at 4% or $92,137 at 6%; with 50% employer match about $92,137 at 4% or $61,425 at 6%; with 100% employer match about $69,103 at 4% or $46,069 at 6%. |
| Magna Machine Company 401K Plan | - | 145 | $8,395,354 | $801,593 | $5,528iApproximate average salary by contribution assumption: employee only about $138,206 at 4% or $92,137 at 6%; with 50% employer match about $92,137 at 4% or $61,425 at 6%; with 100% employer match about $69,103 at 4% or $46,069 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 143 | - | - | - |
| 2023 | 2 | 143 | $7,844,312 | $1,060,398 | $7,415iApproximate average salary by contribution assumption: employee only about $185,384 at 4% or $123,590 at 6%; with 50% employer match about $123,590 at 4% or $82,393 at 6%; with 100% employer match about $92,692 at 4% or $61,795 at 6%. |
| Magna Machine Company 401K Plan | - | 142 | $7,844,312 | $1,060,398 | $7,468iApproximate average salary by contribution assumption: employee only about $186,690 at 4% or $124,460 at 6%; with 50% employer match about $124,460 at 4% or $82,973 at 6%; with 100% employer match about $93,345 at 4% or $62,230 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 143 | - | - | - |
| 2022 | 2 | 147 | $6,976,812 | $992,362 | $6,751iApproximate average salary by contribution assumption: employee only about $168,769 at 4% or $112,513 at 6%; with 50% employer match about $112,513 at 4% or $75,008 at 6%; with 100% employer match about $84,385 at 4% or $56,256 at 6%. |
| Magna Machine Company 401K Plan | - | 142 | $6,976,812 | $992,362 | $6,988iApproximate average salary by contribution assumption: employee only about $174,712 at 4% or $116,474 at 6%; with 50% employer match about $116,474 at 4% or $77,650 at 6%; with 100% employer match about $87,356 at 4% or $58,237 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 147 | - | - | - |
| 2021 | 2 | 155 | $7,613,149 | $691,062 | $4,458iApproximate average salary by contribution assumption: employee only about $111,462 at 4% or $74,308 at 6%; with 50% employer match about $74,308 at 4% or $49,538 at 6%; with 100% employer match about $55,731 at 4% or $37,154 at 6%. |
| Magna Machine Company 401K Plan | - | 144 | $7,613,149 | $691,062 | $4,799iApproximate average salary by contribution assumption: employee only about $119,976 at 4% or $79,984 at 6%; with 50% employer match about $79,984 at 4% or $53,323 at 6%; with 100% employer match about $59,988 at 4% or $39,992 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 155 | - | - | - |
| 2020 | 2 | 135 | $7,432,685 | $678,013 | $5,022iApproximate average salary by contribution assumption: employee only about $125,558 at 4% or $83,705 at 6%; with 50% employer match about $83,705 at 4% or $55,804 at 6%; with 100% employer match about $62,779 at 4% or $41,853 at 6%. |
| Magna Machine Company 401K Plan | - | 135 | $7,432,685 | $678,013 | $5,022iApproximate average salary by contribution assumption: employee only about $125,558 at 4% or $83,705 at 6%; with 50% employer match about $83,705 at 4% or $55,804 at 6%; with 100% employer match about $62,779 at 4% or $41,853 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 122 | - | - | - |
| 2019 | 2 | 126 | $6,234,371 | $551,437 | $4,376iApproximate average salary by contribution assumption: employee only about $109,412 at 4% or $72,941 at 6%; with 50% employer match about $72,941 at 4% or $48,628 at 6%; with 100% employer match about $54,706 at 4% or $36,471 at 6%. |
| Magna Machine Company 401K Plan | - | 126 | $6,234,371 | $551,437 | $4,376iApproximate average salary by contribution assumption: employee only about $109,412 at 4% or $72,941 at 6%; with 50% employer match about $72,941 at 4% or $48,628 at 6%; with 100% employer match about $54,706 at 4% or $36,471 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 123 | - | - | - |
| 2018 | 2 | 128 | $4,942,884 | $464,258 | $3,627iApproximate average salary by contribution assumption: employee only about $90,675 at 4% or $60,450 at 6%; with 50% employer match about $60,450 at 4% or $40,300 at 6%; with 100% employer match about $45,338 at 4% or $30,225 at 6%. |
| Magna Machine Company 401K Plan | - | 124 | $4,942,884 | $464,258 | $3,744iApproximate average salary by contribution assumption: employee only about $93,600 at 4% or $62,400 at 6%; with 50% employer match about $62,400 at 4% or $41,600 at 6%; with 100% employer match about $46,800 at 4% or $31,200 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 128 | - | - | - |
| 2017 | 2 | 121 | $5,361,016 | $430,034 | $3,554iApproximate average salary by contribution assumption: employee only about $88,850 at 4% or $59,233 at 6%; with 50% employer match about $59,233 at 4% or $39,489 at 6%; with 100% employer match about $44,425 at 4% or $29,617 at 6%. |
| Magna Machine Company 401K Plan | - | 121 | $5,361,016 | $430,034 | $3,554iApproximate average salary by contribution assumption: employee only about $88,850 at 4% or $59,233 at 6%; with 50% employer match about $59,233 at 4% or $39,489 at 6%; with 100% employer match about $44,425 at 4% or $29,617 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 116 | - | - | - |
| 2016 | 2 | 128 | $4,309,097 | $402,065 | $3,141iApproximate average salary by contribution assumption: employee only about $78,528 at 4% or $52,352 at 6%; with 50% employer match about $52,352 at 4% or $34,901 at 6%; with 100% employer match about $39,264 at 4% or $26,176 at 6%. |
| Magna Machine Company 401K Plan | - | 128 | $4,309,097 | $402,065 | $3,141iApproximate average salary by contribution assumption: employee only about $78,528 at 4% or $52,352 at 6%; with 50% employer match about $52,352 at 4% or $34,901 at 6%; with 100% employer match about $39,264 at 4% or $26,176 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 124 | - | - | - |
| 2015 | 2 | 129 | $3,671,316 | $272,623 | $2,113iApproximate average salary by contribution assumption: employee only about $52,834 at 4% or $35,223 at 6%; with 50% employer match about $35,223 at 4% or $23,482 at 6%; with 100% employer match about $26,417 at 4% or $17,611 at 6%. |
| Magna Machine Company 401K Plan | - | 127 | $3,671,316 | $272,623 | $2,147iApproximate average salary by contribution assumption: employee only about $53,666 at 4% or $35,777 at 6%; with 50% employer match about $35,777 at 4% or $23,852 at 6%; with 100% employer match about $26,833 at 4% or $17,889 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 129 | - | - | - |
| 2014 | 2 | 124 | $3,601,154 | $258,554 | $2,085iApproximate average salary by contribution assumption: employee only about $52,128 at 4% or $34,752 at 6%; with 50% employer match about $34,752 at 4% or $23,168 at 6%; with 100% employer match about $26,064 at 4% or $17,376 at 6%. |
| Magna Machine Company 401K Plan | - | 124 | $3,601,154 | $258,554 | $2,085iApproximate average salary by contribution assumption: employee only about $52,128 at 4% or $34,752 at 6%; with 50% employer match about $34,752 at 4% or $23,168 at 6%; with 100% employer match about $26,064 at 4% or $17,376 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 118 | - | - | - |
| 2013 | 2 | 136 | $3,516,570 | $172,934 | $1,272iApproximate average salary by contribution assumption: employee only about $31,789 at 4% or $21,193 at 6%; with 50% employer match about $21,193 at 4% or $14,129 at 6%; with 100% employer match about $15,895 at 4% or $10,596 at 6%. |
| Magna Machine Company 401K Plan | - | 108 | $3,516,570 | $172,934 | $1,601iApproximate average salary by contribution assumption: employee only about $40,031 at 4% or $26,687 at 6%; with 50% employer match about $26,687 at 4% or $17,792 at 6%; with 100% employer match about $20,016 at 4% or $13,344 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 136 | - | - | - |
| 2012 | 2 | 136 | $3,221,905 | $540,074 | $3,971iApproximate average salary by contribution assumption: employee only about $99,278 at 4% or $66,186 at 6%; with 50% employer match about $66,186 at 4% or $44,124 at 6%; with 100% employer match about $49,639 at 4% or $33,093 at 6%. |
| Magna Machine Company 401K Plan | - | 105 | $3,221,905 | $540,074 | $5,144iApproximate average salary by contribution assumption: employee only about $128,589 at 4% or $85,726 at 6%; with 50% employer match about $85,726 at 4% or $57,151 at 6%; with 100% employer match about $64,295 at 4% or $42,863 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 136 | - | - | - |
| 2011 | 2 | 141 | $2,890,034 | $261,493 | $1,855iApproximate average salary by contribution assumption: employee only about $46,364 at 4% or $30,909 at 6%; with 50% employer match about $30,909 at 4% or $20,606 at 6%; with 100% employer match about $23,182 at 4% or $15,455 at 6%. |
| Magna Machine Company 401K Plan | - | 97 | $2,890,034 | $261,493 | $2,696iApproximate average salary by contribution assumption: employee only about $67,395 at 4% or $44,930 at 6%; with 50% employer match about $44,930 at 4% or $29,953 at 6%; with 100% employer match about $33,698 at 4% or $22,465 at 6%. |
| Magna Machine Company Employee Benefit Plan | - | 141 | - | - | - |
| 2010 | 1 | 103 | $3,043,729 | $144,738 | $1,405iApproximate average salary by contribution assumption: employee only about $35,131 at 4% or $23,420 at 6%; with 50% employer match about $23,420 at 4% or $15,614 at 6%; with 100% employer match about $17,565 at 4% or $11,710 at 6%. |
| Magna Machine Company 401K Plan | - | 103 | $3,043,729 | $144,738 | $1,405iApproximate average salary by contribution assumption: employee only about $35,131 at 4% or $23,420 at 6%; with 50% employer match about $23,420 at 4% or $15,614 at 6%; with 100% employer match about $17,565 at 4% or $11,710 at 6%. |
| 2009 | 1 | 119 | $2,828,531 | $122,215 | $1,027iApproximate average salary by contribution assumption: employee only about $25,675 at 4% or $17,117 at 6%; with 50% employer match about $17,117 at 4% or $11,411 at 6%; with 100% employer match about $12,838 at 4% or $8,558 at 6%. |
| Magna Machine Company 401K Plan | - | 119 | $2,828,531 | $122,215 | $1,027iApproximate average salary by contribution assumption: employee only about $25,675 at 4% or $17,117 at 6%; with 50% employer match about $17,117 at 4% or $11,411 at 6%; with 100% employer match about $12,838 at 4% or $8,558 at 6%. |
| 2008 | 1 | 93 | $0 | $0 | - |
| Magna Machine Company 401K Plan | - | 93 | - | - | - |
| 2007 | 1 | 103 | $0 | $0 | - |
| Magna Machine Company 401K Plan | - | 103 | - | - | - |
| 2006 | 1 | 94 | $2,557,702 | $285,044 | $3,032iApproximate average salary by contribution assumption: employee only about $75,810 at 4% or $50,540 at 6%; with 50% employer match about $50,540 at 4% or $33,693 at 6%; with 100% employer match about $37,905 at 4% or $25,270 at 6%. |
| Magna Machine Company 401K Plan | - | 94 | $2,557,702 | $285,044 | $3,032iApproximate average salary by contribution assumption: employee only about $75,810 at 4% or $50,540 at 6%; with 50% employer match about $50,540 at 4% or $33,693 at 6%; with 100% employer match about $37,905 at 4% or $25,270 at 6%. |
| 2005 | 1 | 81 | $0 | $0 | - |
| Magna Machine Company 401K Plan | - | 81 | - | - | - |
| 2004 | 1 | 76 | $1,897,967 | $105,705 | $1,391iApproximate average salary by contribution assumption: employee only about $34,771 at 4% or $23,181 at 6%; with 50% employer match about $23,181 at 4% or $15,454 at 6%; with 100% employer match about $17,386 at 4% or $11,590 at 6%. |
| Magna Machine Company 401K Plan | - | 76 | $1,897,967 | $105,705 | $1,391iApproximate average salary by contribution assumption: employee only about $34,771 at 4% or $23,181 at 6%; with 50% employer match about $23,181 at 4% or $15,454 at 6%; with 100% employer match about $17,386 at 4% or $11,590 at 6%. |
| 2003 | 1 | 69 | $0 | $0 | - |
| Magna Machine Company 401K Plan | - | 69 | - | - | - |
| 2002 | 1 | 57 | $0 | $0 | - |
| Magna Machine Company 401K Plan | - | 57 | - | - | - |
| 2001 | 1 | 62 | $0 | $0 | - |
| Magna Machine Company 401K Plan | - | 62 | - | - | - |
| 2000 | 1 | 72 | $0 | $0 | - |
| Magna Machine Company 401K Plan | - | 72 | - | - | - |
| 1999 | 1 | 62 | $2,110,827 | $173,931 | $2,805iApproximate average salary by contribution assumption: employee only about $70,133 at 4% or $46,756 at 6%; with 50% employer match about $46,756 at 4% or $31,170 at 6%; with 100% employer match about $35,067 at 4% or $23,378 at 6%. |
| Magna Machine Company 401K Plan | - | 62 | $2,110,827 | $173,931 | $2,805iApproximate average salary by contribution assumption: employee only about $70,133 at 4% or $46,756 at 6%; with 50% employer match about $46,756 at 4% or $31,170 at 6%; with 100% employer match about $35,067 at 4% or $23,378 at 6%. |