Magnon Electric Inc.
Plan context: Magnon Electric 401(K) Profit Sharing Plan
EIN 72-0644557 • Scott, LA • 15 filings • 3 plans
Current Snapshot
Latest Year
2014
2014 Participants
19
2014 Assets
$2,456,958
2014 Contributions
$1,000
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 |
|---|---|---|---|---|---|
| 2014 | 1 | 0 | $0 | $1,000 | - |
| Magnon Electric 401(K) Profit Sharing Plan | - | 0 | $0 | $1,000 | - |
| 2013 | 1 | 19 | $2,456,958 | $84,779 | $4,462iApproximate average salary by contribution assumption: employee only about $111,551 at 4% or $74,368 at 6%; with 50% employer match about $74,368 at 4% or $49,578 at 6%; with 100% employer match about $55,776 at 4% or $37,184 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 19 | $2,456,958 | $84,779 | $4,462iApproximate average salary by contribution assumption: employee only about $111,551 at 4% or $74,368 at 6%; with 50% employer match about $74,368 at 4% or $49,578 at 6%; with 100% employer match about $55,776 at 4% or $37,184 at 6%. |
| 2012 | 1 | 16 | $2,072,780 | $76,043 | $4,753iApproximate average salary by contribution assumption: employee only about $118,817 at 4% or $79,211 at 6%; with 50% employer match about $79,211 at 4% or $52,808 at 6%; with 100% employer match about $59,409 at 4% or $39,606 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 16 | $2,072,780 | $76,043 | $4,753iApproximate average salary by contribution assumption: employee only about $118,817 at 4% or $79,211 at 6%; with 50% employer match about $79,211 at 4% or $52,808 at 6%; with 100% employer match about $59,409 at 4% or $39,606 at 6%. |
| 2011 | 1 | 17 | $1,892,571 | $99,161 | $5,833iApproximate average salary by contribution assumption: employee only about $145,825 at 4% or $97,217 at 6%; with 50% employer match about $97,217 at 4% or $64,811 at 6%; with 100% employer match about $72,913 at 4% or $48,608 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 17 | $1,892,571 | $99,161 | $5,833iApproximate average salary by contribution assumption: employee only about $145,825 at 4% or $97,217 at 6%; with 50% employer match about $97,217 at 4% or $64,811 at 6%; with 100% employer match about $72,913 at 4% or $48,608 at 6%. |
| 2010 | 1 | 18 | $2,004,656 | $100,147 | $5,564iApproximate average salary by contribution assumption: employee only about $139,093 at 4% or $92,729 at 6%; with 50% employer match about $92,729 at 4% or $61,819 at 6%; with 100% employer match about $69,547 at 4% or $46,364 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 18 | $2,004,656 | $100,147 | $5,564iApproximate average salary by contribution assumption: employee only about $139,093 at 4% or $92,729 at 6%; with 50% employer match about $92,729 at 4% or $61,819 at 6%; with 100% employer match about $69,547 at 4% or $46,364 at 6%. |
| 2009 | 1 | 18 | $1,759,422 | $304,024 | $16,890iApproximate average salary by contribution assumption: employee only about $422,256 at 4% or $281,504 at 6%; with 50% employer match about $281,504 at 4% or $187,669 at 6%; with 100% employer match about $211,128 at 4% or $140,752 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 18 | $1,759,422 | $304,024 | $16,890iApproximate average salary by contribution assumption: employee only about $422,256 at 4% or $281,504 at 6%; with 50% employer match about $281,504 at 4% or $187,669 at 6%; with 100% employer match about $211,128 at 4% or $140,752 at 6%. |
| 2008 | 1 | 26 | $1,298,741 | $120,745 | $4,644iApproximate average salary by contribution assumption: employee only about $116,101 at 4% or $77,401 at 6%; with 50% employer match about $77,401 at 4% or $51,600 at 6%; with 100% employer match about $58,050 at 4% or $38,700 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 26 | $1,298,741 | $120,745 | $4,644iApproximate average salary by contribution assumption: employee only about $116,101 at 4% or $77,401 at 6%; with 50% employer match about $77,401 at 4% or $51,600 at 6%; with 100% employer match about $58,050 at 4% or $38,700 at 6%. |
| 2007 | 1 | 26 | $1,641,392 | $210,131 | $8,082iApproximate average salary by contribution assumption: employee only about $202,049 at 4% or $134,699 at 6%; with 50% employer match about $134,699 at 4% or $89,800 at 6%; with 100% employer match about $101,025 at 4% or $67,350 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 26 | $1,641,392 | $210,131 | $8,082iApproximate average salary by contribution assumption: employee only about $202,049 at 4% or $134,699 at 6%; with 50% employer match about $134,699 at 4% or $89,800 at 6%; with 100% employer match about $101,025 at 4% or $67,350 at 6%. |
| 2006 | 1 | 25 | $1,377,060 | $201,099 | $8,044iApproximate average salary by contribution assumption: employee only about $201,099 at 4% or $134,066 at 6%; with 50% employer match about $134,066 at 4% or $89,377 at 6%; with 100% employer match about $100,550 at 4% or $67,033 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 25 | $1,377,060 | $201,099 | $8,044iApproximate average salary by contribution assumption: employee only about $201,099 at 4% or $134,066 at 6%; with 50% employer match about $134,066 at 4% or $89,377 at 6%; with 100% employer match about $100,550 at 4% or $67,033 at 6%. |
| 2005 | 1 | 25 | $1,123,083 | $198,808 | $7,952iApproximate average salary by contribution assumption: employee only about $198,808 at 4% or $132,539 at 6%; with 50% employer match about $132,539 at 4% or $88,359 at 6%; with 100% employer match about $99,404 at 4% or $66,269 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 25 | $1,123,083 | $198,808 | $7,952iApproximate average salary by contribution assumption: employee only about $198,808 at 4% or $132,539 at 6%; with 50% employer match about $132,539 at 4% or $88,359 at 6%; with 100% employer match about $99,404 at 4% or $66,269 at 6%. |
| 2004 | 1 | 26 | $1,043,686 | $203,772 | $7,837iApproximate average salary by contribution assumption: employee only about $195,935 at 4% or $130,623 at 6%; with 50% employer match about $130,623 at 4% or $87,082 at 6%; with 100% employer match about $97,967 at 4% or $65,312 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 26 | $1,043,686 | $203,772 | $7,837iApproximate average salary by contribution assumption: employee only about $195,935 at 4% or $130,623 at 6%; with 50% employer match about $130,623 at 4% or $87,082 at 6%; with 100% employer match about $97,967 at 4% or $65,312 at 6%. |
| 2003 | 1 | 33 | $806,907 | $183,923 | $5,573iApproximate average salary by contribution assumption: employee only about $139,336 at 4% or $92,890 at 6%; with 50% employer match about $92,890 at 4% or $61,927 at 6%; with 100% employer match about $69,668 at 4% or $46,445 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 33 | $806,907 | $183,923 | $5,573iApproximate average salary by contribution assumption: employee only about $139,336 at 4% or $92,890 at 6%; with 50% employer match about $92,890 at 4% or $61,927 at 6%; with 100% employer match about $69,668 at 4% or $46,445 at 6%. |
| 2002 | 1 | 35 | $586,532 | $164,304 | $4,694iApproximate average salary by contribution assumption: employee only about $117,360 at 4% or $78,240 at 6%; with 50% employer match about $78,240 at 4% or $52,160 at 6%; with 100% employer match about $58,680 at 4% or $39,120 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 35 | $586,532 | $164,304 | $4,694iApproximate average salary by contribution assumption: employee only about $117,360 at 4% or $78,240 at 6%; with 50% employer match about $78,240 at 4% or $52,160 at 6%; with 100% employer match about $58,680 at 4% or $39,120 at 6%. |
| 2001 | 1 | 32 | $495,992 | $162,859 | $5,089iApproximate average salary by contribution assumption: employee only about $127,234 at 4% or $84,822 at 6%; with 50% employer match about $84,822 at 4% or $56,548 at 6%; with 100% employer match about $63,617 at 4% or $42,411 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 32 | $495,992 | $162,859 | $5,089iApproximate average salary by contribution assumption: employee only about $127,234 at 4% or $84,822 at 6%; with 50% employer match about $84,822 at 4% or $56,548 at 6%; with 100% employer match about $63,617 at 4% or $42,411 at 6%. |
| 2000 | 1 | 33 | $354,121 | $161,414 | $4,891iApproximate average salary by contribution assumption: employee only about $122,283 at 4% or $81,522 at 6%; with 50% employer match about $81,522 at 4% or $54,348 at 6%; with 100% employer match about $61,142 at 4% or $40,761 at 6%. |
| Magnon Electric 401(K) Profit Sharing Plan | - | 33 | $354,121 | $161,414 | $4,891iApproximate average salary by contribution assumption: employee only about $122,283 at 4% or $81,522 at 6%; with 50% employer match about $81,522 at 4% or $54,348 at 6%; with 100% employer match about $61,142 at 4% or $40,761 at 6%. |