Civic Intelligence

Magma Foundry Technologies Inc.

Plan context: Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan

EIN 36-3755399 • Schaumburg, IL • 19 filings • 2 plans

10 North Martingale Suite 425Schaumburg, IL 60173
Current Snapshot

Latest Year

2024

2024 Participants

36

2024 Assets

$6,981,380

2024 Contributions

$457,215

Historical Graphs

Total Assets Over Time

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

$6,981,380$3,490,690$0200620152024YearValue
$6,981,380Latest year 2024

Participants Over Time

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

46230200620152024YearValue
36Latest 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
2024136$6,981,380$457,215$12,700iApproximate average salary by contribution assumption: employee only about $317,510 at 4% or $211,674 at 6%; with 50% employer match about $211,674 at 4% or $141,116 at 6%; with 100% employer match about $158,755 at 4% or $105,837 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-36$6,981,380$457,215$12,700iApproximate average salary by contribution assumption: employee only about $317,510 at 4% or $211,674 at 6%; with 50% employer match about $211,674 at 4% or $141,116 at 6%; with 100% employer match about $158,755 at 4% or $105,837 at 6%.
2023143$5,944,127$459,737$10,692iApproximate average salary by contribution assumption: employee only about $267,289 at 4% or $178,193 at 6%; with 50% employer match about $178,193 at 4% or $118,795 at 6%; with 100% employer match about $133,644 at 4% or $89,096 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-43$5,944,127$459,737$10,692iApproximate average salary by contribution assumption: employee only about $267,289 at 4% or $178,193 at 6%; with 50% employer match about $178,193 at 4% or $118,795 at 6%; with 100% employer match about $133,644 at 4% or $89,096 at 6%.
2022146$4,577,600$652,440$14,183iApproximate average salary by contribution assumption: employee only about $354,587 at 4% or $236,391 at 6%; with 50% employer match about $236,391 at 4% or $157,594 at 6%; with 100% employer match about $177,293 at 4% or $118,196 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-46$4,577,600$652,440$14,183iApproximate average salary by contribution assumption: employee only about $354,587 at 4% or $236,391 at 6%; with 50% employer match about $236,391 at 4% or $157,594 at 6%; with 100% employer match about $177,293 at 4% or $118,196 at 6%.
2021137$5,003,374$409,690$11,073iApproximate average salary by contribution assumption: employee only about $276,818 at 4% or $184,545 at 6%; with 50% employer match about $184,545 at 4% or $123,030 at 6%; with 100% employer match about $138,409 at 4% or $92,273 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-37$5,003,374$409,690$11,073iApproximate average salary by contribution assumption: employee only about $276,818 at 4% or $184,545 at 6%; with 50% employer match about $184,545 at 4% or $123,030 at 6%; with 100% employer match about $138,409 at 4% or $92,273 at 6%.
2020139$4,217,498$580,048$14,873iApproximate average salary by contribution assumption: employee only about $371,826 at 4% or $247,884 at 6%; with 50% employer match about $247,884 at 4% or $165,256 at 6%; with 100% employer match about $185,913 at 4% or $123,942 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-39$4,217,498$580,048$14,873iApproximate average salary by contribution assumption: employee only about $371,826 at 4% or $247,884 at 6%; with 50% employer match about $247,884 at 4% or $165,256 at 6%; with 100% employer match about $185,913 at 4% or $123,942 at 6%.
2019134$3,049,383$314,570$9,252iApproximate average salary by contribution assumption: employee only about $231,301 at 4% or $154,201 at 6%; with 50% employer match about $154,201 at 4% or $102,801 at 6%; with 100% employer match about $115,651 at 4% or $77,100 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-34$3,049,383$314,570$9,252iApproximate average salary by contribution assumption: employee only about $231,301 at 4% or $154,201 at 6%; with 50% employer match about $154,201 at 4% or $102,801 at 6%; with 100% employer match about $115,651 at 4% or $77,100 at 6%.
201810$2,170,660$295,221-
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-0$2,170,660$295,221-
2017137$2,383,867$283,405$7,660iApproximate average salary by contribution assumption: employee only about $191,490 at 4% or $127,660 at 6%; with 50% employer match about $127,660 at 4% or $85,107 at 6%; with 100% employer match about $95,745 at 4% or $63,830 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-37$2,383,867$283,405$7,660iApproximate average salary by contribution assumption: employee only about $191,490 at 4% or $127,660 at 6%; with 50% employer match about $127,660 at 4% or $85,107 at 6%; with 100% employer match about $95,745 at 4% or $63,830 at 6%.
2016137$1,932,949$306,609$8,287iApproximate average salary by contribution assumption: employee only about $207,168 at 4% or $138,112 at 6%; with 50% employer match about $138,112 at 4% or $92,075 at 6%; with 100% employer match about $103,584 at 4% or $69,056 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-37$1,932,949$306,609$8,287iApproximate average salary by contribution assumption: employee only about $207,168 at 4% or $138,112 at 6%; with 50% employer match about $138,112 at 4% or $92,075 at 6%; with 100% employer match about $103,584 at 4% or $69,056 at 6%.
2015130$1,480,941$271,882$9,063iApproximate average salary by contribution assumption: employee only about $226,568 at 4% or $151,046 at 6%; with 50% employer match about $151,046 at 4% or $100,697 at 6%; with 100% employer match about $113,284 at 4% or $75,523 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-30$1,480,941$271,882$9,063iApproximate average salary by contribution assumption: employee only about $226,568 at 4% or $151,046 at 6%; with 50% employer match about $151,046 at 4% or $100,697 at 6%; with 100% employer match about $113,284 at 4% or $75,523 at 6%.
2014122$1,326,500$225,916$10,269iApproximate average salary by contribution assumption: employee only about $256,723 at 4% or $171,148 at 6%; with 50% employer match about $171,148 at 4% or $114,099 at 6%; with 100% employer match about $128,361 at 4% or $85,574 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-22$1,326,500$225,916$10,269iApproximate average salary by contribution assumption: employee only about $256,723 at 4% or $171,148 at 6%; with 50% employer match about $171,148 at 4% or $114,099 at 6%; with 100% employer match about $128,361 at 4% or $85,574 at 6%.
2013117$1,188,606$193,711$11,395iApproximate average salary by contribution assumption: employee only about $284,869 at 4% or $189,913 at 6%; with 50% employer match about $189,913 at 4% or $126,608 at 6%; with 100% employer match about $142,435 at 4% or $94,956 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-17$1,188,606$193,711$11,395iApproximate average salary by contribution assumption: employee only about $284,869 at 4% or $189,913 at 6%; with 50% employer match about $189,913 at 4% or $126,608 at 6%; with 100% employer match about $142,435 at 4% or $94,956 at 6%.
2012115$888,244$155,963$10,398iApproximate average salary by contribution assumption: employee only about $259,938 at 4% or $173,292 at 6%; with 50% employer match about $173,292 at 4% or $115,528 at 6%; with 100% employer match about $129,969 at 4% or $86,646 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-15$888,244$155,963$10,398iApproximate average salary by contribution assumption: employee only about $259,938 at 4% or $173,292 at 6%; with 50% employer match about $173,292 at 4% or $115,528 at 6%; with 100% employer match about $129,969 at 4% or $86,646 at 6%.
2011115$743,168$149,468$9,965iApproximate average salary by contribution assumption: employee only about $249,113 at 4% or $166,076 at 6%; with 50% employer match about $166,076 at 4% or $110,717 at 6%; with 100% employer match about $124,557 at 4% or $83,038 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-15$743,168$149,468$9,965iApproximate average salary by contribution assumption: employee only about $249,113 at 4% or $166,076 at 6%; with 50% employer match about $166,076 at 4% or $110,717 at 6%; with 100% employer match about $124,557 at 4% or $83,038 at 6%.
2010115$693,599$139,977$9,332iApproximate average salary by contribution assumption: employee only about $233,295 at 4% or $155,530 at 6%; with 50% employer match about $155,530 at 4% or $103,687 at 6%; with 100% employer match about $116,647 at 4% or $77,765 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-15$693,599$139,977$9,332iApproximate average salary by contribution assumption: employee only about $233,295 at 4% or $155,530 at 6%; with 50% employer match about $155,530 at 4% or $103,687 at 6%; with 100% employer match about $116,647 at 4% or $77,765 at 6%.
2009118$567,074$138,512$7,695iApproximate average salary by contribution assumption: employee only about $192,378 at 4% or $128,252 at 6%; with 50% employer match about $128,252 at 4% or $85,501 at 6%; with 100% employer match about $96,189 at 4% or $64,126 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-18$567,074$138,512$7,695iApproximate average salary by contribution assumption: employee only about $192,378 at 4% or $128,252 at 6%; with 50% employer match about $128,252 at 4% or $85,501 at 6%; with 100% employer match about $96,189 at 4% or $64,126 at 6%.
2008117$289,785$146,170$8,598iApproximate average salary by contribution assumption: employee only about $214,956 at 4% or $143,304 at 6%; with 50% employer match about $143,304 at 4% or $95,536 at 6%; with 100% employer match about $107,478 at 4% or $71,652 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-17$289,785$146,170$8,598iApproximate average salary by contribution assumption: employee only about $214,956 at 4% or $143,304 at 6%; with 50% employer match about $143,304 at 4% or $95,536 at 6%; with 100% employer match about $107,478 at 4% or $71,652 at 6%.
2007116$304,065$168,628$10,539iApproximate average salary by contribution assumption: employee only about $263,481 at 4% or $175,654 at 6%; with 50% employer match about $175,654 at 4% or $117,103 at 6%; with 100% employer match about $131,741 at 4% or $87,827 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-16$304,065$168,628$10,539iApproximate average salary by contribution assumption: employee only about $263,481 at 4% or $175,654 at 6%; with 50% employer match about $175,654 at 4% or $117,103 at 6%; with 100% employer match about $131,741 at 4% or $87,827 at 6%.
2006112$129,332$116,040$9,670iApproximate average salary by contribution assumption: employee only about $241,750 at 4% or $161,167 at 6%; with 50% employer match about $161,167 at 4% or $107,444 at 6%; with 100% employer match about $120,875 at 4% or $80,583 at 6%.
Magma Foundry Technologies Inc. 401(K) Profit-Sharing Plan-12$129,332$116,040$9,670iApproximate average salary by contribution assumption: employee only about $241,750 at 4% or $161,167 at 6%; with 50% employer match about $161,167 at 4% or $107,444 at 6%; with 100% employer match about $120,875 at 4% or $80,583 at 6%.
Magma Foundry Technologies Inc. | EIN 36-3755399 | 2024 Form 5500 Company Profile