Magic American Corporation
Plan context: Magic American Corporation 401K Profit Sharing Plan & Trust
EIN 34-0819502 • 4 filings • 1 plans
Current Snapshot
Latest Year
2002
2002 Participants
21
2002 Assets
$2,213,475
2002 Contributions
$141,041
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 |
|---|---|---|---|---|---|
| 2002 | 1 | 21 | $0 | $0 | - |
| Magic American Corporation 401K Profit Sharing Plan & Trust | - | 21 | - | - | - |
| 2001 | 1 | 26 | $0 | $0 | - |
| Magic American Corporation 401K Profit Sharing Plan & Trust | - | 26 | - | - | - |
| 2000 | 1 | 24 | $2,213,475 | $141,041 | $5,877iApproximate average salary by contribution assumption: employee only about $146,918 at 4% or $97,945 at 6%; with 50% employer match about $97,945 at 4% or $65,297 at 6%; with 100% employer match about $73,459 at 4% or $48,973 at 6%. |
| Magic American Corporation 401K Profit Sharing Plan & Trust | - | 24 | $2,213,475 | $141,041 | $5,877iApproximate average salary by contribution assumption: employee only about $146,918 at 4% or $97,945 at 6%; with 50% employer match about $97,945 at 4% or $65,297 at 6%; with 100% employer match about $73,459 at 4% or $48,973 at 6%. |
| 1999 | 1 | 17 | $2,394,245 | $138,558 | $8,150iApproximate average salary by contribution assumption: employee only about $203,762 at 4% or $135,841 at 6%; with 50% employer match about $135,841 at 4% or $90,561 at 6%; with 100% employer match about $101,881 at 4% or $67,921 at 6%. |
| Magic American Corporation 401K Profit Sharing Plan & Trust | - | 17 | $2,394,245 | $138,558 | $8,150iApproximate average salary by contribution assumption: employee only about $203,762 at 4% or $135,841 at 6%; with 50% employer match about $135,841 at 4% or $90,561 at 6%; with 100% employer match about $101,881 at 4% or $67,921 at 6%. |