Mag
Plan context: Magnesium Technologies Corporation Profit Sharing Plan
EIN 61-1454043 • Amherst, NY • 15 filings • 6 plans
Current Snapshot
Latest Year
2022
2022 Participants
230
2022 Assets
$152,509
2022 Contributions
$7,705
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 |
|---|---|---|---|---|---|
| 2022 | 1 | 230 | $0 | $0 | - |
| OPTA USA INC. WELFARE BENEFIT PLAN | - | 230 | - | - | - |
| 2021 | 1 | 222 | $0 | $0 | - |
| OPTA USA INC. WELFARE BENEFIT PLAN | - | 222 | - | - | - |
| 2020 | 1 | 158 | $0 | $0 | - |
| ESM GROUP INC. BUSINESS TRAVEL PLAN | - | 158 | - | - | - |
| 2019 | 3 | 166 | $0 | $0 | - |
| ESM GROUP INC. SELF FUNDED MEDICAL PLAN | - | 166 | - | - | - |
| ESM GROUP, INC. LIFE, AD&D & LTD PLAN | - | 89 | - | - | - |
| ESM GROUP INC. BUSINESS TRAVEL PLAN | - | 144 | - | - | - |
| 2018 | 1 | 105 | $0 | $0 | - |
| ESM GROUP INC. BUSINESS TRAVEL PLAN | - | 105 | - | - | - |
| 2008 | 1 | 0 | $0 | $0 | - |
| Magnesium Technologies Corporation 401K Plan and Trust | - | 0 | - | - | - |
| 2007 | 2 | 64 | $0 | $0 | - |
| Magnesium Technologies Corporation Profit Sharing Plan | - | 0 | - | - | - |
| Magnesium Technologies Corporation 401K Plan and Trust | - | 64 | - | - | - |
| 2006 | 2 | 57 | $152,509 | $7,705 | $135iApproximate average salary by contribution assumption: employee only about $3,379 at 4% or $2,253 at 6%; with 50% employer match about $2,253 at 4% or $1,502 at 6%; with 100% employer match about $1,690 at 4% or $1,126 at 6%. |
| Magnesium Technologies Corporation Profit Sharing Plan | - | 5 | $152,509 | $7,705 | $1,541iApproximate average salary by contribution assumption: employee only about $38,525 at 4% or $25,683 at 6%; with 50% employer match about $25,683 at 4% or $17,122 at 6%; with 100% employer match about $19,263 at 4% or $12,842 at 6%. |
| Magnesium Technologies Corporation 401K Plan and Trust | - | 57 | - | - | - |
| 2005 | 2 | 56 | $1,250,610 | $415,942 | $7,428iApproximate average salary by contribution assumption: employee only about $185,688 at 4% or $123,792 at 6%; with 50% employer match about $123,792 at 4% or $82,528 at 6%; with 100% employer match about $92,844 at 4% or $61,896 at 6%. |
| Magnesium Technologies Corporation 401K Plan and Trust | - | 56 | $1,119,415 | $287,060 | $5,126iApproximate average salary by contribution assumption: employee only about $128,152 at 4% or $85,435 at 6%; with 50% employer match about $85,435 at 4% or $56,956 at 6%; with 100% employer match about $64,076 at 4% or $42,717 at 6%. |
| Magnesium Technologies Corporation Profit Sharing Plan | - | 6 | $131,195 | $128,882 | $21,480iApproximate average salary by contribution assumption: employee only about $537,008 at 4% or $358,006 at 6%; with 50% employer match about $358,006 at 4% or $238,670 at 6%; with 100% employer match about $268,504 at 4% or $179,003 at 6%. |
| 2004 | 1 | 54 | $1,117,184 | $1,016,442 | $18,823iApproximate average salary by contribution assumption: employee only about $470,575 at 4% or $313,717 at 6%; with 50% employer match about $313,717 at 4% or $209,144 at 6%; with 100% employer match about $235,288 at 4% or $156,858 at 6%. |
| Magnesium Technologies Corporation 401K Plan and Trust | - | 54 | $1,117,184 | $1,016,442 | $18,823iApproximate average salary by contribution assumption: employee only about $470,575 at 4% or $313,717 at 6%; with 50% employer match about $313,717 at 4% or $209,144 at 6%; with 100% employer match about $235,288 at 4% or $156,858 at 6%. |