Magna Associates Inc.
Plan context: Magna Associates Inc. 401(K) Plan
EIN 65-1048319 • Boca Raton, FL • 25 filings • 3 plans
Current Snapshot
Latest Year
2024
2024 Participants
72
2024 Assets
$4,909,458
2024 Contributions
$596,329
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 | 1 | 72 | $4,909,458 | $596,329 | $8,282iApproximate average salary by contribution assumption: employee only about $207,059 at 4% or $138,039 at 6%; with 50% employer match about $138,039 at 4% or $92,026 at 6%; with 100% employer match about $103,529 at 4% or $69,020 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 72 | $4,909,458 | $596,329 | $8,282iApproximate average salary by contribution assumption: employee only about $207,059 at 4% or $138,039 at 6%; with 50% employer match about $138,039 at 4% or $92,026 at 6%; with 100% employer match about $103,529 at 4% or $69,020 at 6%. |
| 2023 | 2 | 99 | $4,263,060 | $750,607 | $7,582iApproximate average salary by contribution assumption: employee only about $189,547 at 4% or $126,365 at 6%; with 50% employer match about $126,365 at 4% or $84,243 at 6%; with 100% employer match about $94,774 at 4% or $63,182 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 92 | $4,263,060 | $750,607 | $8,159iApproximate average salary by contribution assumption: employee only about $203,969 at 4% or $135,980 at 6%; with 50% employer match about $135,980 at 4% or $90,653 at 6%; with 100% employer match about $101,985 at 4% or $67,990 at 6%. |
| MAGNA ASSOCIATES, INC. WELFARE BENEFIT PLAN | - | 99 | - | - | - |
| 2022 | 1 | 100 | $3,393,767 | $690,918 | $6,909iApproximate average salary by contribution assumption: employee only about $172,730 at 4% or $115,153 at 6%; with 50% employer match about $115,153 at 4% or $76,769 at 6%; with 100% employer match about $86,365 at 4% or $57,577 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 100 | $3,393,767 | $690,918 | $6,909iApproximate average salary by contribution assumption: employee only about $172,730 at 4% or $115,153 at 6%; with 50% employer match about $115,153 at 4% or $76,769 at 6%; with 100% employer match about $86,365 at 4% or $57,577 at 6%. |
| 2021 | 2 | 97 | $3,575,987 | $614,018 | $6,330iApproximate average salary by contribution assumption: employee only about $158,252 at 4% or $105,501 at 6%; with 50% employer match about $105,501 at 4% or $70,334 at 6%; with 100% employer match about $79,126 at 4% or $52,751 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 97 | $3,575,987 | $614,018 | $6,330iApproximate average salary by contribution assumption: employee only about $158,252 at 4% or $105,501 at 6%; with 50% employer match about $105,501 at 4% or $70,334 at 6%; with 100% employer match about $79,126 at 4% or $52,751 at 6%. |
| MAGNA ASSOCIATES, INC. WELFARE BENEFIT PLAN | - | 95 | - | - | - |
| 2020 | 2 | 103 | $2,974,693 | $580,859 | $5,639iApproximate average salary by contribution assumption: employee only about $140,985 at 4% or $93,990 at 6%; with 50% employer match about $93,990 at 4% or $62,660 at 6%; with 100% employer match about $70,493 at 4% or $46,995 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 103 | $2,974,693 | $580,859 | $5,639iApproximate average salary by contribution assumption: employee only about $140,985 at 4% or $93,990 at 6%; with 50% employer match about $93,990 at 4% or $62,660 at 6%; with 100% employer match about $70,493 at 4% or $46,995 at 6%. |
| MAGNA ASSOCIATES, INC. WELFARE BENEFIT PLAN | - | 101 | - | - | - |
| 2019 | 2 | 135 | $2,482,877 | $439,299 | $3,254iApproximate average salary by contribution assumption: employee only about $81,352 at 4% or $54,234 at 6%; with 50% employer match about $54,234 at 4% or $36,156 at 6%; with 100% employer match about $40,676 at 4% or $27,117 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 135 | $2,482,877 | $439,299 | $3,254iApproximate average salary by contribution assumption: employee only about $81,352 at 4% or $54,234 at 6%; with 50% employer match about $54,234 at 4% or $36,156 at 6%; with 100% employer match about $40,676 at 4% or $27,117 at 6%. |
| MAGNA ASSOCIATES, INC. WELFARE BENEFIT PLAN | - | 128 | - | - | - |
| 2018 | 1 | 111 | $1,765,132 | $351,061 | $3,163iApproximate average salary by contribution assumption: employee only about $79,068 at 4% or $52,712 at 6%; with 50% employer match about $52,712 at 4% or $35,141 at 6%; with 100% employer match about $39,534 at 4% or $26,356 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 111 | $1,765,132 | $351,061 | $3,163iApproximate average salary by contribution assumption: employee only about $79,068 at 4% or $52,712 at 6%; with 50% employer match about $52,712 at 4% or $35,141 at 6%; with 100% employer match about $39,534 at 4% or $26,356 at 6%. |
| 2017 | 1 | 28 | $1,668,798 | $233,130 | $8,326iApproximate average salary by contribution assumption: employee only about $208,152 at 4% or $138,768 at 6%; with 50% employer match about $138,768 at 4% or $92,512 at 6%; with 100% employer match about $104,076 at 4% or $69,384 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 28 | $1,668,798 | $233,130 | $8,326iApproximate average salary by contribution assumption: employee only about $208,152 at 4% or $138,768 at 6%; with 50% employer match about $138,768 at 4% or $92,512 at 6%; with 100% employer match about $104,076 at 4% or $69,384 at 6%. |
| 2016 | 1 | 21 | $1,517,936 | $176,342 | $8,397iApproximate average salary by contribution assumption: employee only about $209,931 at 4% or $139,954 at 6%; with 50% employer match about $139,954 at 4% or $93,303 at 6%; with 100% employer match about $104,965 at 4% or $69,977 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 21 | $1,517,936 | $176,342 | $8,397iApproximate average salary by contribution assumption: employee only about $209,931 at 4% or $139,954 at 6%; with 50% employer match about $139,954 at 4% or $93,303 at 6%; with 100% employer match about $104,965 at 4% or $69,977 at 6%. |
| 2015 | 1 | 19 | $1,341,441 | $148,702 | $7,826iApproximate average salary by contribution assumption: employee only about $195,661 at 4% or $130,440 at 6%; with 50% employer match about $130,440 at 4% or $86,960 at 6%; with 100% employer match about $97,830 at 4% or $65,220 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 19 | $1,341,441 | $148,702 | $7,826iApproximate average salary by contribution assumption: employee only about $195,661 at 4% or $130,440 at 6%; with 50% employer match about $130,440 at 4% or $86,960 at 6%; with 100% employer match about $97,830 at 4% or $65,220 at 6%. |
| 2014 | 1 | 15 | $1,287,952 | $119,975 | $7,998iApproximate average salary by contribution assumption: employee only about $199,958 at 4% or $133,306 at 6%; with 50% employer match about $133,306 at 4% or $88,870 at 6%; with 100% employer match about $99,979 at 4% or $66,653 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 15 | $1,287,952 | $119,975 | $7,998iApproximate average salary by contribution assumption: employee only about $199,958 at 4% or $133,306 at 6%; with 50% employer match about $133,306 at 4% or $88,870 at 6%; with 100% employer match about $99,979 at 4% or $66,653 at 6%. |
| 2013 | 1 | 14 | $1,136,448 | $121,095 | $8,650iApproximate average salary by contribution assumption: employee only about $216,241 at 4% or $144,161 at 6%; with 50% employer match about $144,161 at 4% or $96,107 at 6%; with 100% employer match about $108,121 at 4% or $72,080 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 14 | $1,136,448 | $121,095 | $8,650iApproximate average salary by contribution assumption: employee only about $216,241 at 4% or $144,161 at 6%; with 50% employer match about $144,161 at 4% or $96,107 at 6%; with 100% employer match about $108,121 at 4% or $72,080 at 6%. |
| 2012 | 1 | 12 | $836,182 | $74,214 | $6,185iApproximate average salary by contribution assumption: employee only about $154,613 at 4% or $103,075 at 6%; with 50% employer match about $103,075 at 4% or $68,717 at 6%; with 100% employer match about $77,306 at 4% or $51,538 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 12 | $836,182 | $74,214 | $6,185iApproximate average salary by contribution assumption: employee only about $154,613 at 4% or $103,075 at 6%; with 50% employer match about $103,075 at 4% or $68,717 at 6%; with 100% employer match about $77,306 at 4% or $51,538 at 6%. |
| 2011 | 1 | 15 | $822,249 | $74,279 | $4,952iApproximate average salary by contribution assumption: employee only about $123,798 at 4% or $82,532 at 6%; with 50% employer match about $82,532 at 4% or $55,021 at 6%; with 100% employer match about $61,899 at 4% or $41,266 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 15 | $822,249 | $74,279 | $4,952iApproximate average salary by contribution assumption: employee only about $123,798 at 4% or $82,532 at 6%; with 50% employer match about $82,532 at 4% or $55,021 at 6%; with 100% employer match about $61,899 at 4% or $41,266 at 6%. |
| 2010 | 1 | 18 | $1,050,577 | $91,214 | $5,067iApproximate average salary by contribution assumption: employee only about $126,686 at 4% or $84,457 at 6%; with 50% employer match about $84,457 at 4% or $56,305 at 6%; with 100% employer match about $63,343 at 4% or $42,229 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 18 | $1,050,577 | $91,214 | $5,067iApproximate average salary by contribution assumption: employee only about $126,686 at 4% or $84,457 at 6%; with 50% employer match about $84,457 at 4% or $56,305 at 6%; with 100% employer match about $63,343 at 4% or $42,229 at 6%. |
| 2009 | 1 | 22 | $422,855 | $116,791 | $5,309iApproximate average salary by contribution assumption: employee only about $132,717 at 4% or $88,478 at 6%; with 50% employer match about $88,478 at 4% or $58,985 at 6%; with 100% employer match about $66,359 at 4% or $44,239 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 22 | $422,855 | $116,791 | $5,309iApproximate average salary by contribution assumption: employee only about $132,717 at 4% or $88,478 at 6%; with 50% employer match about $88,478 at 4% or $58,985 at 6%; with 100% employer match about $66,359 at 4% or $44,239 at 6%. |
| 2008 | 1 | 51 | $751,011 | $348,400 | $6,831iApproximate average salary by contribution assumption: employee only about $170,784 at 4% or $113,856 at 6%; with 50% employer match about $113,856 at 4% or $75,904 at 6%; with 100% employer match about $85,392 at 4% or $56,928 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 51 | $751,011 | $348,400 | $6,831iApproximate average salary by contribution assumption: employee only about $170,784 at 4% or $113,856 at 6%; with 50% employer match about $113,856 at 4% or $75,904 at 6%; with 100% employer match about $85,392 at 4% or $56,928 at 6%. |
| 2007 | 1 | 84 | $1,084,353 | $497,892 | $5,927iApproximate average salary by contribution assumption: employee only about $148,182 at 4% or $98,788 at 6%; with 50% employer match about $98,788 at 4% or $65,859 at 6%; with 100% employer match about $74,091 at 4% or $49,394 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 84 | $1,084,353 | $497,892 | $5,927iApproximate average salary by contribution assumption: employee only about $148,182 at 4% or $98,788 at 6%; with 50% employer match about $98,788 at 4% or $65,859 at 6%; with 100% employer match about $74,091 at 4% or $49,394 at 6%. |
| 2006 | 1 | 97 | $660,952 | $375,819 | $3,874iApproximate average salary by contribution assumption: employee only about $96,861 at 4% or $64,574 at 6%; with 50% employer match about $64,574 at 4% or $43,049 at 6%; with 100% employer match about $48,430 at 4% or $32,287 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 97 | $660,952 | $375,819 | $3,874iApproximate average salary by contribution assumption: employee only about $96,861 at 4% or $64,574 at 6%; with 50% employer match about $64,574 at 4% or $43,049 at 6%; with 100% employer match about $48,430 at 4% or $32,287 at 6%. |
| 2005 | 1 | 72 | $234,060 | $217,635 | $3,023iApproximate average salary by contribution assumption: employee only about $75,568 at 4% or $50,378 at 6%; with 50% employer match about $50,378 at 4% or $33,586 at 6%; with 100% employer match about $37,784 at 4% or $25,189 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 72 | $234,060 | $217,635 | $3,023iApproximate average salary by contribution assumption: employee only about $75,568 at 4% or $50,378 at 6%; with 50% employer match about $50,378 at 4% or $33,586 at 6%; with 100% employer match about $37,784 at 4% or $25,189 at 6%. |
| 2004 | 1 | 7 | $6,815 | $6,703 | $958iApproximate average salary by contribution assumption: employee only about $23,939 at 4% or $15,960 at 6%; with 50% employer match about $15,960 at 4% or $10,640 at 6%; with 100% employer match about $11,970 at 4% or $7,980 at 6%. |
| Magna Associates Inc. 401(K) Plan | - | 7 | $6,815 | $6,703 | $958iApproximate average salary by contribution assumption: employee only about $23,939 at 4% or $15,960 at 6%; with 50% employer match about $15,960 at 4% or $10,640 at 6%; with 100% employer match about $11,970 at 4% or $7,980 at 6%. |