The Magni Group Inc.
Plan context: The Magni Group Inc. Profit Sharing Plan
EIN 38-2708620 • Birmingham, MI • 45 filings • 6 plans
Current Snapshot
Latest Year
2024
2024 Participants
327
2024 Assets
$23,725,312
2024 Contributions
$1,897,346
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 |
|---|---|---|---|---|---|
| 2024 | 2 | 327 | $23,725,312 | $1,897,346 | $5,802iApproximate average salary by contribution assumption: employee only about $145,057 at 4% or $96,705 at 6%; with 50% employer match about $96,705 at 4% or $64,470 at 6%; with 100% employer match about $72,529 at 4% or $48,352 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 285 | $23,725,312 | $1,897,346 | $6,657iApproximate average salary by contribution assumption: employee only about $166,434 at 4% or $110,956 at 6%; with 50% employer match about $110,956 at 4% or $73,971 at 6%; with 100% employer match about $83,217 at 4% or $55,478 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 327 | - | - | - |
| 2023 | 2 | 295 | $21,300,931 | $1,613,617 | $5,470iApproximate average salary by contribution assumption: employee only about $136,747 at 4% or $91,165 at 6%; with 50% employer match about $91,165 at 4% or $60,777 at 6%; with 100% employer match about $68,374 at 4% or $45,582 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 295 | $21,300,931 | $1,613,617 | $5,470iApproximate average salary by contribution assumption: employee only about $136,747 at 4% or $91,165 at 6%; with 50% employer match about $91,165 at 4% or $60,777 at 6%; with 100% employer match about $68,374 at 4% or $45,582 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 291 | - | - | - |
| 2022 | 2 | 316 | $17,309,695 | $1,705,955 | $5,399iApproximate average salary by contribution assumption: employee only about $134,965 at 4% or $89,977 at 6%; with 50% employer match about $89,977 at 4% or $59,984 at 6%; with 100% employer match about $67,482 at 4% or $44,988 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 316 | $17,309,695 | $1,705,955 | $5,399iApproximate average salary by contribution assumption: employee only about $134,965 at 4% or $89,977 at 6%; with 50% employer match about $89,977 at 4% or $59,984 at 6%; with 100% employer match about $67,482 at 4% or $44,988 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 301 | - | - | - |
| 2021 | 2 | 311 | $20,635,125 | $1,341,481 | $4,313iApproximate average salary by contribution assumption: employee only about $107,836 at 4% or $71,891 at 6%; with 50% employer match about $71,891 at 4% or $47,927 at 6%; with 100% employer match about $53,918 at 4% or $35,945 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 311 | $20,635,125 | $1,341,481 | $4,313iApproximate average salary by contribution assumption: employee only about $107,836 at 4% or $71,891 at 6%; with 50% employer match about $71,891 at 4% or $47,927 at 6%; with 100% employer match about $53,918 at 4% or $35,945 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 300 | - | - | - |
| 2020 | 2 | 322 | $18,966,499 | $1,270,234 | $3,945iApproximate average salary by contribution assumption: employee only about $98,621 at 4% or $65,747 at 6%; with 50% employer match about $65,747 at 4% or $43,831 at 6%; with 100% employer match about $49,310 at 4% or $32,874 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 322 | $18,966,499 | $1,270,234 | $3,945iApproximate average salary by contribution assumption: employee only about $98,621 at 4% or $65,747 at 6%; with 50% employer match about $65,747 at 4% or $43,831 at 6%; with 100% employer match about $49,310 at 4% or $32,874 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 298 | - | - | - |
| 2019 | 2 | 366 | $18,847,644 | $1,399,120 | $3,823iApproximate average salary by contribution assumption: employee only about $95,568 at 4% or $63,712 at 6%; with 50% employer match about $63,712 at 4% or $42,475 at 6%; with 100% employer match about $47,784 at 4% or $31,856 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 353 | $18,847,644 | $1,399,120 | $3,964iApproximate average salary by contribution assumption: employee only about $99,088 at 4% or $66,059 at 6%; with 50% employer match about $66,059 at 4% or $44,039 at 6%; with 100% employer match about $49,544 at 4% or $33,029 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 366 | - | - | - |
| 2018 | 2 | 330 | $15,013,425 | $1,610,947 | $4,882iApproximate average salary by contribution assumption: employee only about $122,041 at 4% or $81,361 at 6%; with 50% employer match about $81,361 at 4% or $54,241 at 6%; with 100% employer match about $61,021 at 4% or $40,680 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 330 | $15,013,425 | $1,610,947 | $4,882iApproximate average salary by contribution assumption: employee only about $122,041 at 4% or $81,361 at 6%; with 50% employer match about $81,361 at 4% or $54,241 at 6%; with 100% employer match about $61,021 at 4% or $40,680 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 279 | - | - | - |
| 2017 | 2 | 286 | $14,704,030 | $1,360,587 | $4,757iApproximate average salary by contribution assumption: employee only about $118,932 at 4% or $79,288 at 6%; with 50% employer match about $79,288 at 4% or $52,859 at 6%; with 100% employer match about $59,466 at 4% or $39,644 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 286 | $14,704,030 | $1,360,587 | $4,757iApproximate average salary by contribution assumption: employee only about $118,932 at 4% or $79,288 at 6%; with 50% employer match about $79,288 at 4% or $52,859 at 6%; with 100% employer match about $59,466 at 4% or $39,644 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 280 | - | - | - |
| 2016 | 2 | 273 | $12,803,796 | $939,051 | $3,440iApproximate average salary by contribution assumption: employee only about $85,994 at 4% or $57,329 at 6%; with 50% employer match about $57,329 at 4% or $38,219 at 6%; with 100% employer match about $42,997 at 4% or $28,665 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 216 | $12,803,796 | $939,051 | $4,347iApproximate average salary by contribution assumption: employee only about $108,686 at 4% or $72,458 at 6%; with 50% employer match about $72,458 at 4% or $48,305 at 6%; with 100% employer match about $54,343 at 4% or $36,229 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 273 | - | - | - |
| 2015 | 2 | 250 | $11,152,672 | $862,483 | $3,450iApproximate average salary by contribution assumption: employee only about $86,248 at 4% or $57,499 at 6%; with 50% employer match about $57,499 at 4% or $38,333 at 6%; with 100% employer match about $43,124 at 4% or $28,749 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 191 | $11,152,672 | $862,483 | $4,516iApproximate average salary by contribution assumption: employee only about $112,890 at 4% or $75,260 at 6%; with 50% employer match about $75,260 at 4% or $50,174 at 6%; with 100% employer match about $56,445 at 4% or $37,630 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 250 | - | - | - |
| 2014 | 2 | 216 | $10,473,646 | $796,784 | $3,689iApproximate average salary by contribution assumption: employee only about $92,220 at 4% or $61,480 at 6%; with 50% employer match about $61,480 at 4% or $40,987 at 6%; with 100% employer match about $46,110 at 4% or $30,740 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 173 | $10,473,646 | $796,784 | $4,606iApproximate average salary by contribution assumption: employee only about $115,142 at 4% or $76,761 at 6%; with 50% employer match about $76,761 at 4% or $51,174 at 6%; with 100% employer match about $57,571 at 4% or $38,381 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 216 | - | - | - |
| 2013 | 2 | 172 | $9,431,387 | $709,312 | $4,124iApproximate average salary by contribution assumption: employee only about $103,098 at 4% or $68,732 at 6%; with 50% employer match about $68,732 at 4% or $45,821 at 6%; with 100% employer match about $51,549 at 4% or $34,366 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 157 | $9,431,387 | $709,312 | $4,518iApproximate average salary by contribution assumption: employee only about $112,948 at 4% or $75,299 at 6%; with 50% employer match about $75,299 at 4% or $50,199 at 6%; with 100% employer match about $56,474 at 4% or $37,649 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 172 | - | - | - |
| 2012 | 2 | 226 | $8,559,296 | $369,323 | $1,634iApproximate average salary by contribution assumption: employee only about $40,854 at 4% or $27,236 at 6%; with 50% employer match about $27,236 at 4% or $18,157 at 6%; with 100% employer match about $20,427 at 4% or $13,618 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 226 | $8,559,296 | $369,323 | $1,634iApproximate average salary by contribution assumption: employee only about $40,854 at 4% or $27,236 at 6%; with 50% employer match about $27,236 at 4% or $18,157 at 6%; with 100% employer match about $20,427 at 4% or $13,618 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 166 | - | - | - |
| 2011 | 2 | 210 | $7,717,161 | $324,515 | $1,545iApproximate average salary by contribution assumption: employee only about $38,633 at 4% or $25,755 at 6%; with 50% employer match about $25,755 at 4% or $17,170 at 6%; with 100% employer match about $19,316 at 4% or $12,878 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 210 | $7,717,161 | $324,515 | $1,545iApproximate average salary by contribution assumption: employee only about $38,633 at 4% or $25,755 at 6%; with 50% employer match about $25,755 at 4% or $17,170 at 6%; with 100% employer match about $19,316 at 4% or $12,878 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 153 | - | - | - |
| 2010 | 2 | 198 | $7,562,843 | $263,610 | $1,331iApproximate average salary by contribution assumption: employee only about $33,284 at 4% or $22,189 at 6%; with 50% employer match about $22,189 at 4% or $14,793 at 6%; with 100% employer match about $16,642 at 4% or $11,095 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 198 | $7,562,843 | $263,610 | $1,331iApproximate average salary by contribution assumption: employee only about $33,284 at 4% or $22,189 at 6%; with 50% employer match about $22,189 at 4% or $14,793 at 6%; with 100% employer match about $16,642 at 4% or $11,095 at 6%. |
| The Magni Group Inc. Welfare Benefits Plan | - | 139 | - | - | - |
| 2009 | 1 | 184 | $6,819,882 | $168,853 | $918iApproximate average salary by contribution assumption: employee only about $22,942 at 4% or $15,295 at 6%; with 50% employer match about $15,295 at 4% or $10,196 at 6%; with 100% employer match about $11,471 at 4% or $7,647 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 184 | $6,819,882 | $168,853 | $918iApproximate average salary by contribution assumption: employee only about $22,942 at 4% or $15,295 at 6%; with 50% employer match about $15,295 at 4% or $10,196 at 6%; with 100% employer match about $11,471 at 4% or $7,647 at 6%. |
| 2008 | 1 | 153 | $6,452,069 | $438,134 | $2,864iApproximate average salary by contribution assumption: employee only about $71,591 at 4% or $47,727 at 6%; with 50% employer match about $47,727 at 4% or $31,818 at 6%; with 100% employer match about $35,795 at 4% or $23,864 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 153 | $6,452,069 | $438,134 | $2,864iApproximate average salary by contribution assumption: employee only about $71,591 at 4% or $47,727 at 6%; with 50% employer match about $47,727 at 4% or $31,818 at 6%; with 100% employer match about $35,795 at 4% or $23,864 at 6%. |
| 2007 | 1 | 139 | $8,646,419 | $934,706 | $6,725iApproximate average salary by contribution assumption: employee only about $168,113 at 4% or $112,075 at 6%; with 50% employer match about $112,075 at 4% or $74,717 at 6%; with 100% employer match about $84,056 at 4% or $56,038 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 139 | $8,646,419 | $934,706 | $6,725iApproximate average salary by contribution assumption: employee only about $168,113 at 4% or $112,075 at 6%; with 50% employer match about $112,075 at 4% or $74,717 at 6%; with 100% employer match about $84,056 at 4% or $56,038 at 6%. |
| 2006 | 1 | 125 | $8,427,682 | $755,231 | $6,042iApproximate average salary by contribution assumption: employee only about $151,046 at 4% or $100,697 at 6%; with 50% employer match about $100,697 at 4% or $67,132 at 6%; with 100% employer match about $75,523 at 4% or $50,349 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 125 | $8,427,682 | $755,231 | $6,042iApproximate average salary by contribution assumption: employee only about $151,046 at 4% or $100,697 at 6%; with 50% employer match about $100,697 at 4% or $67,132 at 6%; with 100% employer match about $75,523 at 4% or $50,349 at 6%. |
| 2005 | 1 | 135 | $7,332,282 | $602,655 | $4,464iApproximate average salary by contribution assumption: employee only about $111,603 at 4% or $74,402 at 6%; with 50% employer match about $74,402 at 4% or $49,601 at 6%; with 100% employer match about $55,801 at 4% or $37,201 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 135 | $7,332,282 | $602,655 | $4,464iApproximate average salary by contribution assumption: employee only about $111,603 at 4% or $74,402 at 6%; with 50% employer match about $74,402 at 4% or $49,601 at 6%; with 100% employer match about $55,801 at 4% or $37,201 at 6%. |
| 2004 | 1 | 127 | $7,033,471 | $997,452 | $7,854iApproximate average salary by contribution assumption: employee only about $196,349 at 4% or $130,899 at 6%; with 50% employer match about $130,899 at 4% or $87,266 at 6%; with 100% employer match about $98,174 at 4% or $65,450 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 127 | $7,033,471 | $997,452 | $7,854iApproximate average salary by contribution assumption: employee only about $196,349 at 4% or $130,899 at 6%; with 50% employer match about $130,899 at 4% or $87,266 at 6%; with 100% employer match about $98,174 at 4% or $65,450 at 6%. |
| 2003 | 1 | 124 | $5,913,340 | $81,880 | $660iApproximate average salary by contribution assumption: employee only about $16,508 at 4% or $11,005 at 6%; with 50% employer match about $11,005 at 4% or $7,337 at 6%; with 100% employer match about $8,254 at 4% or $5,503 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 124 | $5,913,340 | $81,880 | $660iApproximate average salary by contribution assumption: employee only about $16,508 at 4% or $11,005 at 6%; with 50% employer match about $11,005 at 4% or $7,337 at 6%; with 100% employer match about $8,254 at 4% or $5,503 at 6%. |
| 2002 | 2 | 124 | $0 | $0 | - |
| The Magni Group Inc. 401K Plan | - | 0 | - | - | - |
| The Magni Group Inc. Profit Sharing Plan | - | 124 | - | - | - |
| 2001 | 2 | 113 | $0 | $0 | - |
| The Magni Group Inc. 401K Plan | - | 101 | - | - | - |
| The Magni Group Inc. Profit Sharing Plan | - | 113 | - | - | - |
| 2000 | 2 | 103 | $0 | $0 | - |
| The Magni Group Inc. 401K Plan | - | 97 | - | - | - |
| The Magni Group Inc. Profit Sharing Plan | - | 103 | - | - | - |
| 1999 | 2 | 119 | $4,327,791 | $689,653 | $5,795iApproximate average salary by contribution assumption: employee only about $144,885 at 4% or $96,590 at 6%; with 50% employer match about $96,590 at 4% or $64,393 at 6%; with 100% employer match about $72,443 at 4% or $48,295 at 6%. |
| The Magni Group Inc. Profit Sharing Plan | - | 119 | $3,207,579 | $300,000 | $2,521iApproximate average salary by contribution assumption: employee only about $63,025 at 4% or $42,017 at 6%; with 50% employer match about $42,017 at 4% or $28,011 at 6%; with 100% employer match about $31,513 at 4% or $21,008 at 6%. |
| The Magni Group Inc. 401K Plan | - | 102 | $1,120,212 | $389,653 | $3,820iApproximate average salary by contribution assumption: employee only about $95,503 at 4% or $63,669 at 6%; with 50% employer match about $63,669 at 4% or $42,446 at 6%; with 100% employer match about $47,752 at 4% or $31,834 at 6%. |