Civic Intelligence

Magnum Industries Inc.

Plan context: Magnum Industries Inc. 401(K) Profit Sharing Plan

EIN 34-1491977 • Youngstown, OH • 18 filings • 2 plans

P.O. Box 516Youngstown, OH 44501
Current Snapshot

Latest Year

2024

2024 Participants

3

2024 Assets

$835,258

2024 Contributions

$16,556

Historical Graphs

Total Assets Over Time

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

$835,258$417,629$0200720162024YearValue
$835,258Latest year 2024

Participants Over Time

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

530200720162024YearValue
3Latest 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
202413$835,258$16,556$5,519iApproximate average salary by contribution assumption: employee only about $137,967 at 4% or $91,978 at 6%; with 50% employer match about $91,978 at 4% or $61,319 at 6%; with 100% employer match about $68,983 at 4% or $45,989 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-3$835,258$16,556$5,519iApproximate average salary by contribution assumption: employee only about $137,967 at 4% or $91,978 at 6%; with 50% employer match about $91,978 at 4% or $61,319 at 6%; with 100% employer match about $68,983 at 4% or $45,989 at 6%.
202313$700,343$3,368$1,123iApproximate average salary by contribution assumption: employee only about $28,067 at 4% or $18,711 at 6%; with 50% employer match about $18,711 at 4% or $12,474 at 6%; with 100% employer match about $14,033 at 4% or $9,356 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-3$700,343$3,368$1,123iApproximate average salary by contribution assumption: employee only about $28,067 at 4% or $18,711 at 6%; with 50% employer match about $18,711 at 4% or $12,474 at 6%; with 100% employer match about $14,033 at 4% or $9,356 at 6%.
202213$582,396$10,915$3,638iApproximate average salary by contribution assumption: employee only about $90,958 at 4% or $60,639 at 6%; with 50% employer match about $60,639 at 4% or $40,426 at 6%; with 100% employer match about $45,479 at 4% or $30,319 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-3$582,396$10,915$3,638iApproximate average salary by contribution assumption: employee only about $90,958 at 4% or $60,639 at 6%; with 50% employer match about $60,639 at 4% or $40,426 at 6%; with 100% employer match about $45,479 at 4% or $30,319 at 6%.
202113$703,728$2,960$987iApproximate average salary by contribution assumption: employee only about $24,667 at 4% or $16,444 at 6%; with 50% employer match about $16,444 at 4% or $10,963 at 6%; with 100% employer match about $12,333 at 4% or $8,222 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-3$703,728$2,960$987iApproximate average salary by contribution assumption: employee only about $24,667 at 4% or $16,444 at 6%; with 50% employer match about $16,444 at 4% or $10,963 at 6%; with 100% employer match about $12,333 at 4% or $8,222 at 6%.
202014$721,695$7,069$1,767iApproximate average salary by contribution assumption: employee only about $44,181 at 4% or $29,454 at 6%; with 50% employer match about $29,454 at 4% or $19,636 at 6%; with 100% employer match about $22,091 at 4% or $14,727 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-4$721,695$7,069$1,767iApproximate average salary by contribution assumption: employee only about $44,181 at 4% or $29,454 at 6%; with 50% employer match about $29,454 at 4% or $19,636 at 6%; with 100% employer match about $22,091 at 4% or $14,727 at 6%.
201914$617,414$12,888$3,222iApproximate average salary by contribution assumption: employee only about $80,550 at 4% or $53,700 at 6%; with 50% employer match about $53,700 at 4% or $35,800 at 6%; with 100% employer match about $40,275 at 4% or $26,850 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-4$617,414$12,888$3,222iApproximate average salary by contribution assumption: employee only about $80,550 at 4% or $53,700 at 6%; with 50% employer match about $53,700 at 4% or $35,800 at 6%; with 100% employer match about $40,275 at 4% or $26,850 at 6%.
201815$547,327$11,588$2,318iApproximate average salary by contribution assumption: employee only about $57,940 at 4% or $38,627 at 6%; with 50% employer match about $38,627 at 4% or $25,751 at 6%; with 100% employer match about $28,970 at 4% or $19,313 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-5$547,327$11,588$2,318iApproximate average salary by contribution assumption: employee only about $57,940 at 4% or $38,627 at 6%; with 50% employer match about $38,627 at 4% or $25,751 at 6%; with 100% employer match about $28,970 at 4% or $19,313 at 6%.
201715$555,935$15,292$3,058iApproximate average salary by contribution assumption: employee only about $76,460 at 4% or $50,973 at 6%; with 50% employer match about $50,973 at 4% or $33,982 at 6%; with 100% employer match about $38,230 at 4% or $25,487 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-5$555,935$15,292$3,058iApproximate average salary by contribution assumption: employee only about $76,460 at 4% or $50,973 at 6%; with 50% employer match about $50,973 at 4% or $33,982 at 6%; with 100% employer match about $38,230 at 4% or $25,487 at 6%.
201615$504,873$8,331$1,666iApproximate average salary by contribution assumption: employee only about $41,655 at 4% or $27,770 at 6%; with 50% employer match about $27,770 at 4% or $18,513 at 6%; with 100% employer match about $20,828 at 4% or $13,885 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-5$504,873$8,331$1,666iApproximate average salary by contribution assumption: employee only about $41,655 at 4% or $27,770 at 6%; with 50% employer match about $27,770 at 4% or $18,513 at 6%; with 100% employer match about $20,828 at 4% or $13,885 at 6%.
201515$484,254$31,069$6,214iApproximate average salary by contribution assumption: employee only about $155,345 at 4% or $103,563 at 6%; with 50% employer match about $103,563 at 4% or $69,042 at 6%; with 100% employer match about $77,673 at 4% or $51,782 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-5$484,254$31,069$6,214iApproximate average salary by contribution assumption: employee only about $155,345 at 4% or $103,563 at 6%; with 50% employer match about $103,563 at 4% or $69,042 at 6%; with 100% employer match about $77,673 at 4% or $51,782 at 6%.
201415$457,174$28,405$5,681iApproximate average salary by contribution assumption: employee only about $142,025 at 4% or $94,683 at 6%; with 50% employer match about $94,683 at 4% or $63,122 at 6%; with 100% employer match about $71,013 at 4% or $47,342 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-5$457,174$28,405$5,681iApproximate average salary by contribution assumption: employee only about $142,025 at 4% or $94,683 at 6%; with 50% employer match about $94,683 at 4% or $63,122 at 6%; with 100% employer match about $71,013 at 4% or $47,342 at 6%.
201315$417,690$27,233$5,447iApproximate average salary by contribution assumption: employee only about $136,165 at 4% or $90,777 at 6%; with 50% employer match about $90,777 at 4% or $60,518 at 6%; with 100% employer match about $68,083 at 4% or $45,388 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-5$417,690$27,233$5,447iApproximate average salary by contribution assumption: employee only about $136,165 at 4% or $90,777 at 6%; with 50% employer match about $90,777 at 4% or $60,518 at 6%; with 100% employer match about $68,083 at 4% or $45,388 at 6%.
201215$374,679$26,777$5,355iApproximate average salary by contribution assumption: employee only about $133,885 at 4% or $89,257 at 6%; with 50% employer match about $89,257 at 4% or $59,504 at 6%; with 100% employer match about $66,943 at 4% or $44,628 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-5$374,679$26,777$5,355iApproximate average salary by contribution assumption: employee only about $133,885 at 4% or $89,257 at 6%; with 50% employer match about $89,257 at 4% or $59,504 at 6%; with 100% employer match about $66,943 at 4% or $44,628 at 6%.
201115$328,893$18,478$3,696iApproximate average salary by contribution assumption: employee only about $92,390 at 4% or $61,593 at 6%; with 50% employer match about $61,593 at 4% or $41,062 at 6%; with 100% employer match about $46,195 at 4% or $30,797 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-5$328,893$18,478$3,696iApproximate average salary by contribution assumption: employee only about $92,390 at 4% or $61,593 at 6%; with 50% employer match about $61,593 at 4% or $41,062 at 6%; with 100% employer match about $46,195 at 4% or $30,797 at 6%.
201015$306,749$11,352$2,270iApproximate average salary by contribution assumption: employee only about $56,760 at 4% or $37,840 at 6%; with 50% employer match about $37,840 at 4% or $25,227 at 6%; with 100% employer match about $28,380 at 4% or $18,920 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-5$306,749$11,352$2,270iApproximate average salary by contribution assumption: employee only about $56,760 at 4% or $37,840 at 6%; with 50% employer match about $37,840 at 4% or $25,227 at 6%; with 100% employer match about $28,380 at 4% or $18,920 at 6%.
200915$280,729$22,594$4,519iApproximate average salary by contribution assumption: employee only about $112,970 at 4% or $75,313 at 6%; with 50% employer match about $75,313 at 4% or $50,209 at 6%; with 100% employer match about $56,485 at 4% or $37,657 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-5$280,729$22,594$4,519iApproximate average salary by contribution assumption: employee only about $112,970 at 4% or $75,313 at 6%; with 50% employer match about $75,313 at 4% or $50,209 at 6%; with 100% employer match about $56,485 at 4% or $37,657 at 6%.
200814$263,490$50,999$12,750iApproximate average salary by contribution assumption: employee only about $318,744 at 4% or $212,496 at 6%; with 50% employer match about $212,496 at 4% or $141,664 at 6%; with 100% employer match about $159,372 at 4% or $106,248 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-4$263,490$50,999$12,750iApproximate average salary by contribution assumption: employee only about $318,744 at 4% or $212,496 at 6%; with 50% employer match about $212,496 at 4% or $141,664 at 6%; with 100% employer match about $159,372 at 4% or $106,248 at 6%.
200714$259,314$48,146$12,037iApproximate average salary by contribution assumption: employee only about $300,913 at 4% or $200,608 at 6%; with 50% employer match about $200,608 at 4% or $133,739 at 6%; with 100% employer match about $150,456 at 4% or $100,304 at 6%.
Magnum Industries Inc. 401(K) Profit Sharing Plan-4$259,314$48,146$12,037iApproximate average salary by contribution assumption: employee only about $300,913 at 4% or $200,608 at 6%; with 50% employer match about $200,608 at 4% or $133,739 at 6%; with 100% employer match about $150,456 at 4% or $100,304 at 6%.