Civic Intelligence

Magic Myway Inc.

Plan context: Magic Myway Inc. Profit Sharing Plan

EIN 71-1024256 • 18 filings • 2 plans

Current Snapshot

Latest Year

2024

2024 Participants

4

2024 Assets

$478,250

2024 Contributions

$621

Historical Graphs

Total Assets Over Time

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

$1,671,751$835,876$0200820162024YearValue
$478,250Latest year 2024

Participants Over Time

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

740200720162024YearValue
4Latest 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
202414$478,250$0-
Magic Myway Inc. Profit Sharing Plan-4$478,250--
202314$1,057,558$0-
Magic Myway Inc. Profit Sharing Plan-4$1,057,558--
202215$1,219,887$0-
Magic Myway Inc. Profit Sharing Plan-5$1,219,887--
202115$1,557,784$0-
Magic Myway Inc. Profit Sharing Plan-5$1,557,784--
202016$1,526,651$621$104iApproximate average salary by contribution assumption: employee only about $2,588 at 4% or $1,725 at 6%; with 50% employer match about $1,725 at 4% or $1,150 at 6%; with 100% employer match about $1,294 at 4% or $863 at 6%.
Magic Myway Inc. Profit Sharing Plan-6$1,526,651$621$104iApproximate average salary by contribution assumption: employee only about $2,588 at 4% or $1,725 at 6%; with 50% employer match about $1,725 at 4% or $1,150 at 6%; with 100% employer match about $1,294 at 4% or $863 at 6%.
201915$1,654,705$618$124iApproximate average salary by contribution assumption: employee only about $3,090 at 4% or $2,060 at 6%; with 50% employer match about $2,060 at 4% or $1,373 at 6%; with 100% employer match about $1,545 at 4% or $1,030 at 6%.
Magic Myway Inc. Profit Sharing Plan-5$1,654,705$618$124iApproximate average salary by contribution assumption: employee only about $3,090 at 4% or $2,060 at 6%; with 50% employer match about $2,060 at 4% or $1,373 at 6%; with 100% employer match about $1,545 at 4% or $1,030 at 6%.
201814$1,671,751$1,062$266iApproximate average salary by contribution assumption: employee only about $6,638 at 4% or $4,425 at 6%; with 50% employer match about $4,425 at 4% or $2,950 at 6%; with 100% employer match about $3,319 at 4% or $2,213 at 6%.
Magic Myway Inc. Profit Sharing Plan-4$1,671,751$1,062$266iApproximate average salary by contribution assumption: employee only about $6,638 at 4% or $4,425 at 6%; with 50% employer match about $4,425 at 4% or $2,950 at 6%; with 100% employer match about $3,319 at 4% or $2,213 at 6%.
201714$1,495,645$1,359$340iApproximate average salary by contribution assumption: employee only about $8,494 at 4% or $5,663 at 6%; with 50% employer match about $5,663 at 4% or $3,775 at 6%; with 100% employer match about $4,247 at 4% or $2,831 at 6%.
Magic Myway Inc. Profit Sharing Plan-4$1,495,645$1,359$340iApproximate average salary by contribution assumption: employee only about $8,494 at 4% or $5,663 at 6%; with 50% employer match about $5,663 at 4% or $3,775 at 6%; with 100% employer match about $4,247 at 4% or $2,831 at 6%.
201615$433,013$696$139iApproximate average salary by contribution assumption: employee only about $3,480 at 4% or $2,320 at 6%; with 50% employer match about $2,320 at 4% or $1,547 at 6%; with 100% employer match about $1,740 at 4% or $1,160 at 6%.
Magic Myway Inc. Profit Sharing Plan-5$433,013$696$139iApproximate average salary by contribution assumption: employee only about $3,480 at 4% or $2,320 at 6%; with 50% employer match about $2,320 at 4% or $1,547 at 6%; with 100% employer match about $1,740 at 4% or $1,160 at 6%.
201514$790,177$1,164$291iApproximate average salary by contribution assumption: employee only about $7,275 at 4% or $4,850 at 6%; with 50% employer match about $4,850 at 4% or $3,233 at 6%; with 100% employer match about $3,638 at 4% or $2,425 at 6%.
Magic Myway Inc. Profit Sharing Plan-4$790,177$1,164$291iApproximate average salary by contribution assumption: employee only about $7,275 at 4% or $4,850 at 6%; with 50% employer match about $4,850 at 4% or $3,233 at 6%; with 100% employer match about $3,638 at 4% or $2,425 at 6%.
201414$389,026$1,050$263iApproximate average salary by contribution assumption: employee only about $6,563 at 4% or $4,375 at 6%; with 50% employer match about $4,375 at 4% or $2,917 at 6%; with 100% employer match about $3,281 at 4% or $2,188 at 6%.
Magic Myway Inc. Profit Sharing Plan-4$389,026$1,050$263iApproximate average salary by contribution assumption: employee only about $6,563 at 4% or $4,375 at 6%; with 50% employer match about $4,375 at 4% or $2,917 at 6%; with 100% employer match about $3,281 at 4% or $2,188 at 6%.
201314$366,710$1,050$263iApproximate average salary by contribution assumption: employee only about $6,563 at 4% or $4,375 at 6%; with 50% employer match about $4,375 at 4% or $2,917 at 6%; with 100% employer match about $3,281 at 4% or $2,188 at 6%.
Magic Myway Inc. Profit Sharing Plan-4$366,710$1,050$263iApproximate average salary by contribution assumption: employee only about $6,563 at 4% or $4,375 at 6%; with 50% employer match about $4,375 at 4% or $2,917 at 6%; with 100% employer match about $3,281 at 4% or $2,188 at 6%.
201215$346,320$615$123iApproximate average salary by contribution assumption: employee only about $3,075 at 4% or $2,050 at 6%; with 50% employer match about $2,050 at 4% or $1,367 at 6%; with 100% employer match about $1,538 at 4% or $1,025 at 6%.
Magic Myway Inc. Profit Sharing Plan-5$346,320$615$123iApproximate average salary by contribution assumption: employee only about $3,075 at 4% or $2,050 at 6%; with 50% employer match about $2,050 at 4% or $1,367 at 6%; with 100% employer match about $1,538 at 4% or $1,025 at 6%.
201115$247,499$590$118iApproximate average salary by contribution assumption: employee only about $2,950 at 4% or $1,967 at 6%; with 50% employer match about $1,967 at 4% or $1,311 at 6%; with 100% employer match about $1,475 at 4% or $983 at 6%.
Magic Myway Inc. Profit Sharing Plan-5$247,499$590$118iApproximate average salary by contribution assumption: employee only about $2,950 at 4% or $1,967 at 6%; with 50% employer match about $1,967 at 4% or $1,311 at 6%; with 100% employer match about $1,475 at 4% or $983 at 6%.
201013$132,813$0-
Magic Myway Inc. Profit Sharing Plan-3$132,813--
200913$110,389$788$263iApproximate average salary by contribution assumption: employee only about $6,567 at 4% or $4,378 at 6%; with 50% employer match about $4,378 at 4% or $2,919 at 6%; with 100% employer match about $3,283 at 4% or $2,189 at 6%.
Magic Myway Inc. Profit Sharing Plan-3$110,389$788$263iApproximate average salary by contribution assumption: employee only about $6,567 at 4% or $4,378 at 6%; with 50% employer match about $4,378 at 4% or $2,919 at 6%; with 100% employer match about $3,283 at 4% or $2,189 at 6%.
200817$138,086$0-
Magic Myway Inc. Profit Sharing Plan-7$138,086--
200716$0$0-
Magic Myway Inc. Profit Sharing Plan-6---