My Fav Electronics Inc.
Plan context: SECOND LIFE MAC 401(K) PROFIT SHARING PLAN
EIN 46-2638459 • Skokie, IL • 4 filings • 3 plans
Current Snapshot
Latest Year
2024
2024 Participants
109
2024 Assets
$1,145,681
2024 Contributions
$315,151
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 | 109 | $1,145,681 | $315,151 | $2,891iApproximate average salary by contribution assumption: employee only about $72,282 at 4% or $48,188 at 6%; with 50% employer match about $48,188 at 4% or $32,125 at 6%; with 100% employer match about $36,141 at 4% or $24,094 at 6%. |
| SECOND LIFE MAC 401(K) PROFIT SHARING PLAN | - | 77 | $1,145,681 | $315,151 | $4,093iApproximate average salary by contribution assumption: employee only about $102,322 at 4% or $68,215 at 6%; with 50% employer match about $68,215 at 4% or $45,476 at 6%; with 100% employer match about $51,161 at 4% or $34,107 at 6%. |
| My Fav Electronics Inc. Health and Welfare Benefit Plan | - | 109 | - | - | - |
| 2023 | 1 | 73 | $903,775 | $164,268 | $2,250iApproximate average salary by contribution assumption: employee only about $56,256 at 4% or $37,504 at 6%; with 50% employer match about $37,504 at 4% or $25,003 at 6%; with 100% employer match about $28,128 at 4% or $18,752 at 6%. |
| SECOND LIFE MAC 401(K) PROFIT SHARING PLAN | - | 73 | $903,775 | $164,268 | $2,250iApproximate average salary by contribution assumption: employee only about $56,256 at 4% or $37,504 at 6%; with 50% employer match about $37,504 at 4% or $25,003 at 6%; with 100% employer match about $28,128 at 4% or $18,752 at 6%. |
| 2020 | 1 | 53 | $334,545 | $255,206 | $4,815iApproximate average salary by contribution assumption: employee only about $120,380 at 4% or $80,253 at 6%; with 50% employer match about $80,253 at 4% or $53,502 at 6%; with 100% employer match about $60,190 at 4% or $40,127 at 6%. |
| MY FAV ELECTRONICS INC 401K AND PROFIT SHARING PLAN | - | 53 | $334,545 | $255,206 | $4,815iApproximate average salary by contribution assumption: employee only about $120,380 at 4% or $80,253 at 6%; with 50% employer match about $80,253 at 4% or $53,502 at 6%; with 100% employer match about $60,190 at 4% or $40,127 at 6%. |