Civic Intelligence

Magnetic Inspection Laboratory Inc

Plan context: M.I.L. Inc. 401K Plan

EIN 36-2814092 • Elk Grove, IL • 35 filings • 5 plans

1401 Greenleaf AvenueElk Grove, IL 60007
Current Snapshot

Latest Year

2024

2024 Participants

247

2024 Assets

$17,295,371

2024 Contributions

$1,751,504

Historical Graphs

Total Assets Over Time

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

$17,664,945$8,832,473$0199920122024YearValue
$17,295,371Latest year 2024

Participants Over Time

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

2471240199920122024YearValue
247Latest 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
20241247$17,295,371$1,751,504$7,091iApproximate average salary by contribution assumption: employee only about $177,278 at 4% or $118,185 at 6%; with 50% employer match about $118,185 at 4% or $78,790 at 6%; with 100% employer match about $88,639 at 4% or $59,093 at 6%.
M.I.L. Inc. 401K Plan-247$17,295,371$1,751,504$7,091iApproximate average salary by contribution assumption: employee only about $177,278 at 4% or $118,185 at 6%; with 50% employer match about $118,185 at 4% or $78,790 at 6%; with 100% employer match about $88,639 at 4% or $59,093 at 6%.
20231213$16,300,176$1,712,595$8,040iApproximate average salary by contribution assumption: employee only about $201,009 at 4% or $134,006 at 6%; with 50% employer match about $134,006 at 4% or $89,337 at 6%; with 100% employer match about $100,504 at 4% or $67,003 at 6%.
M.I.L. Inc. 401K Plan-213$16,300,176$1,712,595$8,040iApproximate average salary by contribution assumption: employee only about $201,009 at 4% or $134,006 at 6%; with 50% employer match about $134,006 at 4% or $89,337 at 6%; with 100% employer match about $100,504 at 4% or $67,003 at 6%.
20221184$15,250,388$1,324,850$7,200iApproximate average salary by contribution assumption: employee only about $180,007 at 4% or $120,005 at 6%; with 50% employer match about $120,005 at 4% or $80,003 at 6%; with 100% employer match about $90,003 at 4% or $60,002 at 6%.
M.I.L. Inc. 401K Plan-184$15,250,388$1,324,850$7,200iApproximate average salary by contribution assumption: employee only about $180,007 at 4% or $120,005 at 6%; with 50% employer match about $120,005 at 4% or $80,003 at 6%; with 100% employer match about $90,003 at 4% or $60,002 at 6%.
20213207$17,664,945$1,087,726$5,255iApproximate average salary by contribution assumption: employee only about $131,368 at 4% or $87,579 at 6%; with 50% employer match about $87,579 at 4% or $58,386 at 6%; with 100% employer match about $65,684 at 4% or $43,789 at 6%.
M.I.L. Inc. 401K Plan-138$17,664,945$1,087,726$7,882iApproximate average salary by contribution assumption: employee only about $197,052 at 4% or $131,368 at 6%; with 50% employer match about $131,368 at 4% or $87,579 at 6%; with 100% employer match about $98,526 at 4% or $65,684 at 6%.
Magnetic Inspection Laboratory Inc. Welfare Benefits Plan-204---
MAGNETIC INSPECTION LABORATORY, INC. WELFARE BENEFITS PLAN-207---
20202207$17,227,859$1,025,576$4,954iApproximate average salary by contribution assumption: employee only about $123,862 at 4% or $82,575 at 6%; with 50% employer match about $82,575 at 4% or $55,050 at 6%; with 100% employer match about $61,931 at 4% or $41,287 at 6%.
M.I.L. Inc. 401K Plan-126$17,227,859$1,025,576$8,139iApproximate average salary by contribution assumption: employee only about $203,487 at 4% or $135,658 at 6%; with 50% employer match about $135,658 at 4% or $90,439 at 6%; with 100% employer match about $101,744 at 4% or $67,829 at 6%.
MAGNETIC INSPECTION LABORATORY, INC. WELFARE BENEFITS PLAN-207---
20192209$15,960,891$1,160,572$5,553iApproximate average salary by contribution assumption: employee only about $138,824 at 4% or $92,550 at 6%; with 50% employer match about $92,550 at 4% or $61,700 at 6%; with 100% employer match about $69,412 at 4% or $46,275 at 6%.
M.I.L. Inc. 401K Plan-138$15,960,891$1,160,572$8,410iApproximate average salary by contribution assumption: employee only about $210,249 at 4% or $140,166 at 6%; with 50% employer match about $140,166 at 4% or $93,444 at 6%; with 100% employer match about $105,124 at 4% or $70,083 at 6%.
MAGNETIC INSPECTION LABORATORY, INC. WELFARE BENEFITS PLAN-209---
20182204$13,332,518$1,062,293$5,207iApproximate average salary by contribution assumption: employee only about $130,183 at 4% or $86,789 at 6%; with 50% employer match about $86,789 at 4% or $57,859 at 6%; with 100% employer match about $65,091 at 4% or $43,394 at 6%.
M.I.L. Inc. 401K Plan-117$13,332,518$1,062,293$9,079iApproximate average salary by contribution assumption: employee only about $226,986 at 4% or $151,324 at 6%; with 50% employer match about $151,324 at 4% or $100,883 at 6%; with 100% employer match about $113,493 at 4% or $75,662 at 6%.
MAGNETIC INSPECTION LABORATORY, INC. WELFARE BENEFITS PLAN-204---
20171108$14,543,234$851,328$7,883iApproximate average salary by contribution assumption: employee only about $197,067 at 4% or $131,378 at 6%; with 50% employer match about $131,378 at 4% or $87,585 at 6%; with 100% employer match about $98,533 at 4% or $65,689 at 6%.
M.I.L. Inc. 401K Plan-108$14,543,234$851,328$7,883iApproximate average salary by contribution assumption: employee only about $197,067 at 4% or $131,378 at 6%; with 50% employer match about $131,378 at 4% or $87,585 at 6%; with 100% employer match about $98,533 at 4% or $65,689 at 6%.
20161105$13,257,430$922,226$8,783iApproximate average salary by contribution assumption: employee only about $219,578 at 4% or $146,385 at 6%; with 50% employer match about $146,385 at 4% or $97,590 at 6%; with 100% employer match about $109,789 at 4% or $73,193 at 6%.
M.I.L. Inc. 401K Plan-105$13,257,430$922,226$8,783iApproximate average salary by contribution assumption: employee only about $219,578 at 4% or $146,385 at 6%; with 50% employer match about $146,385 at 4% or $97,590 at 6%; with 100% employer match about $109,789 at 4% or $73,193 at 6%.
20151117$11,582,959$920,270$7,866iApproximate average salary by contribution assumption: employee only about $196,639 at 4% or $131,093 at 6%; with 50% employer match about $131,093 at 4% or $87,395 at 6%; with 100% employer match about $98,319 at 4% or $65,546 at 6%.
M.I.L. Inc. 401K Plan-117$11,582,959$920,270$7,866iApproximate average salary by contribution assumption: employee only about $196,639 at 4% or $131,093 at 6%; with 50% employer match about $131,093 at 4% or $87,395 at 6%; with 100% employer match about $98,319 at 4% or $65,546 at 6%.
20141100$11,240,359$792,515$7,925iApproximate average salary by contribution assumption: employee only about $198,129 at 4% or $132,086 at 6%; with 50% employer match about $132,086 at 4% or $88,057 at 6%; with 100% employer match about $99,064 at 4% or $66,043 at 6%.
M.I.L. Inc. 401K Plan-100$11,240,359$792,515$7,925iApproximate average salary by contribution assumption: employee only about $198,129 at 4% or $132,086 at 6%; with 50% employer match about $132,086 at 4% or $88,057 at 6%; with 100% employer match about $99,064 at 4% or $66,043 at 6%.
2013192$10,289,597$744,600$8,093iApproximate average salary by contribution assumption: employee only about $202,337 at 4% or $134,891 at 6%; with 50% employer match about $134,891 at 4% or $89,928 at 6%; with 100% employer match about $101,168 at 4% or $67,446 at 6%.
M.I.L. Inc. 401K Plan-92$10,289,597$744,600$8,093iApproximate average salary by contribution assumption: employee only about $202,337 at 4% or $134,891 at 6%; with 50% employer match about $134,891 at 4% or $89,928 at 6%; with 100% employer match about $101,168 at 4% or $67,446 at 6%.
2012190$8,129,262$1,088,135$12,090iApproximate average salary by contribution assumption: employee only about $302,260 at 4% or $201,506 at 6%; with 50% employer match about $201,506 at 4% or $134,338 at 6%; with 100% employer match about $151,130 at 4% or $100,753 at 6%.
M.I.L. Inc. 401K Plan-90$8,129,262$1,088,135$12,090iApproximate average salary by contribution assumption: employee only about $302,260 at 4% or $201,506 at 6%; with 50% employer match about $201,506 at 4% or $134,338 at 6%; with 100% employer match about $151,130 at 4% or $100,753 at 6%.
2011188$6,504,198$615,784$6,998iApproximate average salary by contribution assumption: employee only about $174,939 at 4% or $116,626 at 6%; with 50% employer match about $116,626 at 4% or $77,751 at 6%; with 100% employer match about $87,469 at 4% or $58,313 at 6%.
M.I.L. Inc. 401K Plan-88$6,504,198$615,784$6,998iApproximate average salary by contribution assumption: employee only about $174,939 at 4% or $116,626 at 6%; with 50% employer match about $116,626 at 4% or $77,751 at 6%; with 100% employer match about $87,469 at 4% or $58,313 at 6%.
2010184$6,081,011$570,830$6,796iApproximate average salary by contribution assumption: employee only about $169,890 at 4% or $113,260 at 6%; with 50% employer match about $113,260 at 4% or $75,507 at 6%; with 100% employer match about $84,945 at 4% or $56,630 at 6%.
M.I.L. Inc. 401K Plan-84$6,081,011$570,830$6,796iApproximate average salary by contribution assumption: employee only about $169,890 at 4% or $113,260 at 6%; with 50% employer match about $113,260 at 4% or $75,507 at 6%; with 100% employer match about $84,945 at 4% or $56,630 at 6%.
2009186$5,158,185$702,801$8,172iApproximate average salary by contribution assumption: employee only about $204,303 at 4% or $136,202 at 6%; with 50% employer match about $136,202 at 4% or $90,801 at 6%; with 100% employer match about $102,151 at 4% or $68,101 at 6%.
M.I.L. Inc. 401K Plan-86$5,158,185$702,801$8,172iApproximate average salary by contribution assumption: employee only about $204,303 at 4% or $136,202 at 6%; with 50% employer match about $136,202 at 4% or $90,801 at 6%; with 100% employer match about $102,151 at 4% or $68,101 at 6%.
2008183$3,865,979$683,074$8,230iApproximate average salary by contribution assumption: employee only about $205,745 at 4% or $137,163 at 6%; with 50% employer match about $137,163 at 4% or $91,442 at 6%; with 100% employer match about $102,873 at 4% or $68,582 at 6%.
M.I.L. Inc. 401K Plan-83$3,865,979$683,074$8,230iApproximate average salary by contribution assumption: employee only about $205,745 at 4% or $137,163 at 6%; with 50% employer match about $137,163 at 4% or $91,442 at 6%; with 100% employer match about $102,873 at 4% or $68,582 at 6%.
2007182$0$0-
M.I.L. Inc. 401K Plan-82---
2006180$4,275,667$510,627$6,383iApproximate average salary by contribution assumption: employee only about $159,571 at 4% or $106,381 at 6%; with 50% employer match about $106,381 at 4% or $70,920 at 6%; with 100% employer match about $79,785 at 4% or $53,190 at 6%.
M.I.L. Inc. 401K Plan-80$4,275,667$510,627$6,383iApproximate average salary by contribution assumption: employee only about $159,571 at 4% or $106,381 at 6%; with 50% employer match about $106,381 at 4% or $70,920 at 6%; with 100% employer match about $79,785 at 4% or $53,190 at 6%.
2005179$3,453,991$450,529$5,703iApproximate average salary by contribution assumption: employee only about $142,572 at 4% or $95,048 at 6%; with 50% employer match about $95,048 at 4% or $63,366 at 6%; with 100% employer match about $71,286 at 4% or $47,524 at 6%.
M.I.L. Inc. 401K Plan-79$3,453,991$450,529$5,703iApproximate average salary by contribution assumption: employee only about $142,572 at 4% or $95,048 at 6%; with 50% employer match about $95,048 at 4% or $63,366 at 6%; with 100% employer match about $71,286 at 4% or $47,524 at 6%.
2004185$2,940,304$346,119$4,072iApproximate average salary by contribution assumption: employee only about $101,800 at 4% or $67,866 at 6%; with 50% employer match about $67,866 at 4% or $45,244 at 6%; with 100% employer match about $50,900 at 4% or $33,933 at 6%.
M.I.L. Inc. 401K Plan-85$2,940,304$346,119$4,072iApproximate average salary by contribution assumption: employee only about $101,800 at 4% or $67,866 at 6%; with 50% employer match about $67,866 at 4% or $45,244 at 6%; with 100% employer match about $50,900 at 4% or $33,933 at 6%.
2003276$1,530,136$379,289$4,991iApproximate average salary by contribution assumption: employee only about $124,766 at 4% or $83,177 at 6%; with 50% employer match about $83,177 at 4% or $55,452 at 6%; with 100% employer match about $62,383 at 4% or $41,589 at 6%.
M.I.L. Inc. 401K Plan-76$1,530,136$379,289$4,991iApproximate average salary by contribution assumption: employee only about $124,766 at 4% or $83,177 at 6%; with 50% employer match about $83,177 at 4% or $55,452 at 6%; with 100% employer match about $62,383 at 4% or $41,589 at 6%.
Amended & Restated Magnetic Inspection Laboratory Inc. Ps & Trust Agreement-66---
2002263$1,764,136$383,589$6,089iApproximate average salary by contribution assumption: employee only about $152,218 at 4% or $101,479 at 6%; with 50% employer match about $101,479 at 4% or $67,652 at 6%; with 100% employer match about $76,109 at 4% or $50,739 at 6%.
M.I.L. Inc. 401K Plan-63$1,048,684$323,589$5,136iApproximate average salary by contribution assumption: employee only about $128,408 at 4% or $85,606 at 6%; with 50% employer match about $85,606 at 4% or $57,070 at 6%; with 100% employer match about $64,204 at 4% or $42,803 at 6%.
Amended & Restated Magnetic Inspection Laboratory Inc. Ps & Trust Agreement-0$715,452$60,000-
2001266$941,601$270,706$4,102iApproximate average salary by contribution assumption: employee only about $102,540 at 4% or $68,360 at 6%; with 50% employer match about $68,360 at 4% or $45,573 at 6%; with 100% employer match about $51,270 at 4% or $34,180 at 6%.
M.I.L. Inc. 401K Plan-66$941,601$270,706$4,102iApproximate average salary by contribution assumption: employee only about $102,540 at 4% or $68,360 at 6%; with 50% employer match about $68,360 at 4% or $45,573 at 6%; with 100% employer match about $51,270 at 4% or $34,180 at 6%.
Amended & Restated Magnetic Inspection Laboratory Inc. Ps & Trust Agreement-54---
2000264$765,541$216,546$3,384iApproximate average salary by contribution assumption: employee only about $84,588 at 4% or $56,392 at 6%; with 50% employer match about $56,392 at 4% or $37,595 at 6%; with 100% employer match about $42,294 at 4% or $28,196 at 6%.
M.I.L. Inc. 401K Plan-64$765,541$216,546$3,384iApproximate average salary by contribution assumption: employee only about $84,588 at 4% or $56,392 at 6%; with 50% employer match about $56,392 at 4% or $37,595 at 6%; with 100% employer match about $42,294 at 4% or $28,196 at 6%.
Amended & Restated Magnetic Inspection Laboratory Inc. Ps & Trust Agreement-51---
1999153$619,974$219,728$4,146iApproximate average salary by contribution assumption: employee only about $103,645 at 4% or $69,097 at 6%; with 50% employer match about $69,097 at 4% or $46,065 at 6%; with 100% employer match about $51,823 at 4% or $34,548 at 6%.
M.I.L. Inc. 401K Plan-53$619,974$219,728$4,146iApproximate average salary by contribution assumption: employee only about $103,645 at 4% or $69,097 at 6%; with 50% employer match about $69,097 at 4% or $46,065 at 6%; with 100% employer match about $51,823 at 4% or $34,548 at 6%.