Civic Intelligence

Magnet Technology Inc.

Plan context: Magnet Technology Inc. Profit Sharing Plan

EIN 31-1101122 • Lebanon, OH • 24 filings • 2 plans

1599 Kingsview DriveLebanon, OH 45036
Current Snapshot

Latest Year

2019

2019 Participants

4

2019 Assets

$286,918

2019 Contributions

$1,436

Historical Graphs

Total Assets Over Time

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

$286,918$143,459$0199920112018YearValue
$286,918Latest year 2018

Participants Over Time

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

1160199920092018YearValue
4Latest year 2018

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
201910$0$1,436-
Magnet Technology Inc. Profit Sharing Plan-0$0$1,436-
201814$286,918$1,965$491iApproximate average salary by contribution assumption: employee only about $12,281 at 4% or $8,188 at 6%; with 50% employer match about $8,188 at 4% or $5,458 at 6%; with 100% employer match about $6,141 at 4% or $4,094 at 6%.
Magnet Technology Inc. Profit Sharing Plan-4$286,918$1,965$491iApproximate average salary by contribution assumption: employee only about $12,281 at 4% or $8,188 at 6%; with 50% employer match about $8,188 at 4% or $5,458 at 6%; with 100% employer match about $6,141 at 4% or $4,094 at 6%.
201714$282,846$1,965$491iApproximate average salary by contribution assumption: employee only about $12,281 at 4% or $8,188 at 6%; with 50% employer match about $8,188 at 4% or $5,458 at 6%; with 100% employer match about $6,141 at 4% or $4,094 at 6%.
Magnet Technology Inc. Profit Sharing Plan-4$282,846$1,965$491iApproximate average salary by contribution assumption: employee only about $12,281 at 4% or $8,188 at 6%; with 50% employer match about $8,188 at 4% or $5,458 at 6%; with 100% employer match about $6,141 at 4% or $4,094 at 6%.
201614$255,525$1,965$491iApproximate average salary by contribution assumption: employee only about $12,281 at 4% or $8,188 at 6%; with 50% employer match about $8,188 at 4% or $5,458 at 6%; with 100% employer match about $6,141 at 4% or $4,094 at 6%.
Magnet Technology Inc. Profit Sharing Plan-4$255,525$1,965$491iApproximate average salary by contribution assumption: employee only about $12,281 at 4% or $8,188 at 6%; with 50% employer match about $8,188 at 4% or $5,458 at 6%; with 100% employer match about $6,141 at 4% or $4,094 at 6%.
201515$249,613$2,003$401iApproximate average salary by contribution assumption: employee only about $10,015 at 4% or $6,677 at 6%; with 50% employer match about $6,677 at 4% or $4,451 at 6%; with 100% employer match about $5,008 at 4% or $3,338 at 6%.
Magnet Technology Inc. Profit Sharing Plan-5$249,613$2,003$401iApproximate average salary by contribution assumption: employee only about $10,015 at 4% or $6,677 at 6%; with 50% employer match about $6,677 at 4% or $4,451 at 6%; with 100% employer match about $5,008 at 4% or $3,338 at 6%.
201415$257,376$2,913$583iApproximate average salary by contribution assumption: employee only about $14,565 at 4% or $9,710 at 6%; with 50% employer match about $9,710 at 4% or $6,473 at 6%; with 100% employer match about $7,283 at 4% or $4,855 at 6%.
Magnet Technology Inc. Profit Sharing Plan-5$257,376$2,913$583iApproximate average salary by contribution assumption: employee only about $14,565 at 4% or $9,710 at 6%; with 50% employer match about $9,710 at 4% or $6,473 at 6%; with 100% employer match about $7,283 at 4% or $4,855 at 6%.
201315$239,074$4,865$973iApproximate average salary by contribution assumption: employee only about $24,325 at 4% or $16,217 at 6%; with 50% employer match about $16,217 at 4% or $10,811 at 6%; with 100% employer match about $12,163 at 4% or $8,108 at 6%.
Magnet Technology Inc. Profit Sharing Plan-5$239,074$4,865$973iApproximate average salary by contribution assumption: employee only about $24,325 at 4% or $16,217 at 6%; with 50% employer match about $16,217 at 4% or $10,811 at 6%; with 100% employer match about $12,163 at 4% or $8,108 at 6%.
201215$202,232$4,865$973iApproximate average salary by contribution assumption: employee only about $24,325 at 4% or $16,217 at 6%; with 50% employer match about $16,217 at 4% or $10,811 at 6%; with 100% employer match about $12,163 at 4% or $8,108 at 6%.
Magnet Technology Inc. Profit Sharing Plan-5$202,232$4,865$973iApproximate average salary by contribution assumption: employee only about $24,325 at 4% or $16,217 at 6%; with 50% employer match about $16,217 at 4% or $10,811 at 6%; with 100% employer match about $12,163 at 4% or $8,108 at 6%.
201115$181,983$5,024$1,005iApproximate average salary by contribution assumption: employee only about $25,120 at 4% or $16,747 at 6%; with 50% employer match about $16,747 at 4% or $11,164 at 6%; with 100% employer match about $12,560 at 4% or $8,373 at 6%.
Magnet Technology Inc. Profit Sharing Plan-5$181,983$5,024$1,005iApproximate average salary by contribution assumption: employee only about $25,120 at 4% or $16,747 at 6%; with 50% employer match about $16,747 at 4% or $11,164 at 6%; with 100% employer match about $12,560 at 4% or $8,373 at 6%.
201015$175,893$9,113$1,823iApproximate average salary by contribution assumption: employee only about $45,565 at 4% or $30,377 at 6%; with 50% employer match about $30,377 at 4% or $20,251 at 6%; with 100% employer match about $22,783 at 4% or $15,188 at 6%.
Magnet Technology Inc. Profit Sharing Plan-5$175,893$9,113$1,823iApproximate average salary by contribution assumption: employee only about $45,565 at 4% or $30,377 at 6%; with 50% employer match about $30,377 at 4% or $20,251 at 6%; with 100% employer match about $22,783 at 4% or $15,188 at 6%.
200918$147,544$10,068$1,259iApproximate average salary by contribution assumption: employee only about $31,463 at 4% or $20,975 at 6%; with 50% employer match about $20,975 at 4% or $13,983 at 6%; with 100% employer match about $15,731 at 4% or $10,488 at 6%.
Magnet Technology Inc. Profit Sharing Plan-8$147,544$10,068$1,259iApproximate average salary by contribution assumption: employee only about $31,463 at 4% or $20,975 at 6%; with 50% employer match about $20,975 at 4% or $13,983 at 6%; with 100% employer match about $15,731 at 4% or $10,488 at 6%.
200819$0$0-
Magnet Technology Inc. Profit Sharing Plan-9---
2007111$0$0-
Magnet Technology Inc. Profit Sharing Plan-11---
200619$198,330$0-
Magnet Technology Inc. Profit Sharing Plan-9$198,330--
2005110$186,698$0-
Magnet Technology Inc. Profit Sharing Plan-10$186,698--
200418$175,121$20,000$2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%.
Magnet Technology Inc. Profit Sharing Plan-8$175,121$20,000$2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%.
200318$0$0-
Magnet Technology Inc. Profit Sharing Plan-8---
200218$0$0-
Magnet Technology Inc. Profit Sharing Plan-8---
200129$0$0-
Magnet Technology Inc. Profit Sharing Plan-9---
Magnet Technology Inc. Money Purchase Pension Plan-9---
200027$20,270$10,351$1,479iApproximate average salary by contribution assumption: employee only about $36,968 at 4% or $24,645 at 6%; with 50% employer match about $24,645 at 4% or $16,430 at 6%; with 100% employer match about $18,484 at 4% or $12,323 at 6%.
Magnet Technology Inc. Money Purchase Pension Plan-7$20,270$10,351$1,479iApproximate average salary by contribution assumption: employee only about $36,968 at 4% or $24,645 at 6%; with 50% employer match about $24,645 at 4% or $16,430 at 6%; with 100% employer match about $18,484 at 4% or $12,323 at 6%.
Magnet Technology Inc. Profit Sharing Plan-7---
199928$62,688$62,688$7,836iApproximate average salary by contribution assumption: employee only about $195,900 at 4% or $130,600 at 6%; with 50% employer match about $130,600 at 4% or $87,067 at 6%; with 100% employer match about $97,950 at 4% or $65,300 at 6%.
Magnet Technology Inc. Profit Sharing Plan-8$51,982$51,982$6,498iApproximate average salary by contribution assumption: employee only about $162,444 at 4% or $108,296 at 6%; with 50% employer match about $108,296 at 4% or $72,197 at 6%; with 100% employer match about $81,222 at 4% or $54,148 at 6%.
Magnet Technology Inc. Money Purchase Pension Plan-8$10,706$10,706$1,338iApproximate average salary by contribution assumption: employee only about $33,456 at 4% or $22,304 at 6%; with 50% employer match about $22,304 at 4% or $14,869 at 6%; with 100% employer match about $16,728 at 4% or $11,152 at 6%.