Magneco/Metrel Inc.
Plan context: Magneco Inc. Salaried Employees Defined Benefit Pension Plan
EIN 36-2960423 • 2 filings • 2 plans
Current Snapshot
Latest Year
1999
1999 Participants
63
1999 Assets
$2,024,151
1999 Contributions
$186,116
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 |
|---|---|---|---|---|---|
| 1999 | 2 | 63 | $2,024,151 | $186,116 | $2,954iApproximate average salary by contribution assumption: employee only about $73,856 at 4% or $49,237 at 6%; with 50% employer match about $49,237 at 4% or $32,825 at 6%; with 100% employer match about $36,928 at 4% or $24,619 at 6%. |
| Magneco Inc. Salaried Employees Defined Benefit Pension Plan | - | 63 | $1,696,446 | $138,597 | $2,200iApproximate average salary by contribution assumption: employee only about $54,999 at 4% or $36,666 at 6%; with 50% employer match about $36,666 at 4% or $24,444 at 6%; with 100% employer match about $27,499 at 4% or $18,333 at 6%. |
| Retirement Plan for Hourly Employees of Magneco Inc. | - | 30 | $327,705 | $47,519 | $1,584iApproximate average salary by contribution assumption: employee only about $39,599 at 4% or $26,399 at 6%; with 50% employer match about $26,399 at 4% or $17,600 at 6%; with 100% employer match about $19,800 at 4% or $13,200 at 6%. |