Civic Intelligence

Magna Industries Inc.

Plan context: Magna Industries Retirement Plan

EIN 34-1296229 • Cleveland, OH • 17 filings • 1 plans

2233 West 110th StreetCleveland, OH 44102
Current Snapshot

Latest Year

2019

2019 Participants

68

2019 Assets

$866,898

2019 Contributions

$247,218

Historical Graphs

Total Assets Over Time

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

$866,898$433,449$0200320112018YearValue
$866,898Latest year 2018

Participants Over Time

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

68340200320112018YearValue
68Latest 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$247,218-
Magna Industries Retirement Plan-0$0$247,218-
2018168$866,898$226,569$3,332iApproximate average salary by contribution assumption: employee only about $83,297 at 4% or $55,532 at 6%; with 50% employer match about $55,532 at 4% or $37,021 at 6%; with 100% employer match about $41,649 at 4% or $27,766 at 6%.
Magna Industries Retirement Plan-68$866,898$226,569$3,332iApproximate average salary by contribution assumption: employee only about $83,297 at 4% or $55,532 at 6%; with 50% employer match about $55,532 at 4% or $37,021 at 6%; with 100% employer match about $41,649 at 4% or $27,766 at 6%.
2017154$730,165$227,397$4,211iApproximate average salary by contribution assumption: employee only about $105,276 at 4% or $70,184 at 6%; with 50% employer match about $70,184 at 4% or $46,790 at 6%; with 100% employer match about $52,638 at 4% or $35,092 at 6%.
Magna Industries Retirement Plan-54$730,165$227,397$4,211iApproximate average salary by contribution assumption: employee only about $105,276 at 4% or $70,184 at 6%; with 50% employer match about $70,184 at 4% or $46,790 at 6%; with 100% employer match about $52,638 at 4% or $35,092 at 6%.
2016153$465,358$354,470$6,688iApproximate average salary by contribution assumption: employee only about $167,203 at 4% or $111,469 at 6%; with 50% employer match about $111,469 at 4% or $74,312 at 6%; with 100% employer match about $83,601 at 4% or $55,734 at 6%.
Magna Industries Retirement Plan-53$465,358$354,470$6,688iApproximate average salary by contribution assumption: employee only about $167,203 at 4% or $111,469 at 6%; with 50% employer match about $111,469 at 4% or $74,312 at 6%; with 100% employer match about $83,601 at 4% or $55,734 at 6%.
2015125$188,911$61,665$2,467iApproximate average salary by contribution assumption: employee only about $61,665 at 4% or $41,110 at 6%; with 50% employer match about $41,110 at 4% or $27,407 at 6%; with 100% employer match about $30,833 at 4% or $20,555 at 6%.
Magna Industries Retirement Plan-25$188,911$61,665$2,467iApproximate average salary by contribution assumption: employee only about $61,665 at 4% or $41,110 at 6%; with 50% employer match about $41,110 at 4% or $27,407 at 6%; with 100% employer match about $30,833 at 4% or $20,555 at 6%.
2014111$141,256$5,938$540iApproximate average salary by contribution assumption: employee only about $13,495 at 4% or $8,997 at 6%; with 50% employer match about $8,997 at 4% or $5,998 at 6%; with 100% employer match about $6,748 at 4% or $4,498 at 6%.
Magna Industries Retirement Plan-11$141,256$5,938$540iApproximate average salary by contribution assumption: employee only about $13,495 at 4% or $8,997 at 6%; with 50% employer match about $8,997 at 4% or $5,998 at 6%; with 100% employer match about $6,748 at 4% or $4,498 at 6%.
2013111$130,900$3,252$296iApproximate average salary by contribution assumption: employee only about $7,391 at 4% or $4,927 at 6%; with 50% employer match about $4,927 at 4% or $3,285 at 6%; with 100% employer match about $3,695 at 4% or $2,464 at 6%.
Magna Industries Retirement Plan-11$130,900$3,252$296iApproximate average salary by contribution assumption: employee only about $7,391 at 4% or $4,927 at 6%; with 50% employer match about $4,927 at 4% or $3,285 at 6%; with 100% employer match about $3,695 at 4% or $2,464 at 6%.
2012111$111,681$3,607$328iApproximate average salary by contribution assumption: employee only about $8,198 at 4% or $5,465 at 6%; with 50% employer match about $5,465 at 4% or $3,643 at 6%; with 100% employer match about $4,099 at 4% or $2,733 at 6%.
Magna Industries Retirement Plan-11$111,681$3,607$328iApproximate average salary by contribution assumption: employee only about $8,198 at 4% or $5,465 at 6%; with 50% employer match about $5,465 at 4% or $3,643 at 6%; with 100% employer match about $4,099 at 4% or $2,733 at 6%.
2011112$101,224$3,251$271iApproximate average salary by contribution assumption: employee only about $6,773 at 4% or $4,515 at 6%; with 50% employer match about $4,515 at 4% or $3,010 at 6%; with 100% employer match about $3,386 at 4% or $2,258 at 6%.
Magna Industries Retirement Plan-12$101,224$3,251$271iApproximate average salary by contribution assumption: employee only about $6,773 at 4% or $4,515 at 6%; with 50% employer match about $4,515 at 4% or $3,010 at 6%; with 100% employer match about $3,386 at 4% or $2,258 at 6%.
2010112$104,216$3,670$306iApproximate average salary by contribution assumption: employee only about $7,646 at 4% or $5,097 at 6%; with 50% employer match about $5,097 at 4% or $3,398 at 6%; with 100% employer match about $3,823 at 4% or $2,549 at 6%.
Magna Industries Retirement Plan-12$104,216$3,670$306iApproximate average salary by contribution assumption: employee only about $7,646 at 4% or $5,097 at 6%; with 50% employer match about $5,097 at 4% or $3,398 at 6%; with 100% employer match about $3,823 at 4% or $2,549 at 6%.
2009112$92,724$10,781$898iApproximate average salary by contribution assumption: employee only about $22,460 at 4% or $14,974 at 6%; with 50% employer match about $14,974 at 4% or $9,982 at 6%; with 100% employer match about $11,230 at 4% or $7,487 at 6%.
Magna Industries Retirement Plan-12$92,724$10,781$898iApproximate average salary by contribution assumption: employee only about $22,460 at 4% or $14,974 at 6%; with 50% employer match about $14,974 at 4% or $9,982 at 6%; with 100% employer match about $11,230 at 4% or $7,487 at 6%.
2008119$98,932$25,505$1,342iApproximate average salary by contribution assumption: employee only about $33,559 at 4% or $22,373 at 6%; with 50% employer match about $22,373 at 4% or $14,915 at 6%; with 100% employer match about $16,780 at 4% or $11,186 at 6%.
Magna Industries Retirement Plan-19$98,932$25,505$1,342iApproximate average salary by contribution assumption: employee only about $33,559 at 4% or $22,373 at 6%; with 50% employer match about $22,373 at 4% or $14,915 at 6%; with 100% employer match about $16,780 at 4% or $11,186 at 6%.
2007117$105,351$20,882$1,228iApproximate average salary by contribution assumption: employee only about $30,709 at 4% or $20,473 at 6%; with 50% employer match about $20,473 at 4% or $13,648 at 6%; with 100% employer match about $15,354 at 4% or $10,236 at 6%.
Magna Industries Retirement Plan-17$105,351$20,882$1,228iApproximate average salary by contribution assumption: employee only about $30,709 at 4% or $20,473 at 6%; with 50% employer match about $20,473 at 4% or $13,648 at 6%; with 100% employer match about $15,354 at 4% or $10,236 at 6%.
2006117$83,842$20,865$1,227iApproximate average salary by contribution assumption: employee only about $30,684 at 4% or $20,456 at 6%; with 50% employer match about $20,456 at 4% or $13,637 at 6%; with 100% employer match about $15,342 at 4% or $10,228 at 6%.
Magna Industries Retirement Plan-17$83,842$20,865$1,227iApproximate average salary by contribution assumption: employee only about $30,684 at 4% or $20,456 at 6%; with 50% employer match about $20,456 at 4% or $13,637 at 6%; with 100% employer match about $15,342 at 4% or $10,228 at 6%.
2005117$55,174$25,627$1,507iApproximate average salary by contribution assumption: employee only about $37,687 at 4% or $25,125 at 6%; with 50% employer match about $25,125 at 4% or $16,750 at 6%; with 100% employer match about $18,843 at 4% or $12,562 at 6%.
Magna Industries Retirement Plan-17$55,174$25,627$1,507iApproximate average salary by contribution assumption: employee only about $37,687 at 4% or $25,125 at 6%; with 50% employer match about $25,125 at 4% or $16,750 at 6%; with 100% employer match about $18,843 at 4% or $12,562 at 6%.
2004118$29,647$19,187$1,066iApproximate average salary by contribution assumption: employee only about $26,649 at 4% or $17,766 at 6%; with 50% employer match about $17,766 at 4% or $11,844 at 6%; with 100% employer match about $13,324 at 4% or $8,883 at 6%.
Magna Industries Retirement Plan-18$29,647$19,187$1,066iApproximate average salary by contribution assumption: employee only about $26,649 at 4% or $17,766 at 6%; with 50% employer match about $17,766 at 4% or $11,844 at 6%; with 100% employer match about $13,324 at 4% or $8,883 at 6%.
2003114$8,915$8,653$618iApproximate average salary by contribution assumption: employee only about $15,452 at 4% or $10,301 at 6%; with 50% employer match about $10,301 at 4% or $6,867 at 6%; with 100% employer match about $7,726 at 4% or $5,151 at 6%.
Magna Industries Retirement Plan-14$8,915$8,653$618iApproximate average salary by contribution assumption: employee only about $15,452 at 4% or $10,301 at 6%; with 50% employer match about $10,301 at 4% or $6,867 at 6%; with 100% employer match about $7,726 at 4% or $5,151 at 6%.