Civic Intelligence

Magic Industries Inc.

Plan context: Magic Industries Inc. Profit Sharing & 401(K) Plan

EIN 74-2053521 • Victoria, TX • 27 filings • 4 plans

2308 S LaurentVictoria, TX 77901
Current Snapshot

Latest Year

2024

2024 Participants

43

2024 Assets

$5,529,753

2024 Contributions

$264,269

Historical Graphs

Total Assets Over Time

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

$8,951,832$4,475,916$0200320152024YearValue
$5,529,753Latest year 2024

Participants Over Time

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

45230200020132024YearValue
43Latest 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
2024143$5,529,753$264,269$6,146iApproximate average salary by contribution assumption: employee only about $153,645 at 4% or $102,430 at 6%; with 50% employer match about $102,430 at 4% or $68,287 at 6%; with 100% employer match about $76,822 at 4% or $51,215 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-43$5,529,753$264,269$6,146iApproximate average salary by contribution assumption: employee only about $153,645 at 4% or $102,430 at 6%; with 50% employer match about $102,430 at 4% or $68,287 at 6%; with 100% employer match about $76,822 at 4% or $51,215 at 6%.
2023135$4,817,795$234,676$6,705iApproximate average salary by contribution assumption: employee only about $167,626 at 4% or $111,750 at 6%; with 50% employer match about $111,750 at 4% or $74,500 at 6%; with 100% employer match about $83,813 at 4% or $55,875 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-35$4,817,795$234,676$6,705iApproximate average salary by contribution assumption: employee only about $167,626 at 4% or $111,750 at 6%; with 50% employer match about $111,750 at 4% or $74,500 at 6%; with 100% employer match about $83,813 at 4% or $55,875 at 6%.
2022137$4,096,578$222,232$6,006iApproximate average salary by contribution assumption: employee only about $150,157 at 4% or $100,105 at 6%; with 50% employer match about $100,105 at 4% or $66,736 at 6%; with 100% employer match about $75,078 at 4% or $50,052 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-37$4,096,578$222,232$6,006iApproximate average salary by contribution assumption: employee only about $150,157 at 4% or $100,105 at 6%; with 50% employer match about $100,105 at 4% or $66,736 at 6%; with 100% employer match about $75,078 at 4% or $50,052 at 6%.
2021145$4,903,633$98,923$2,198iApproximate average salary by contribution assumption: employee only about $54,957 at 4% or $36,638 at 6%; with 50% employer match about $36,638 at 4% or $24,425 at 6%; with 100% employer match about $27,479 at 4% or $18,319 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-45$4,903,633$98,923$2,198iApproximate average salary by contribution assumption: employee only about $54,957 at 4% or $36,638 at 6%; with 50% employer match about $36,638 at 4% or $24,425 at 6%; with 100% employer match about $27,479 at 4% or $18,319 at 6%.
2020143$5,087,242$92,834$2,159iApproximate average salary by contribution assumption: employee only about $53,973 at 4% or $35,982 at 6%; with 50% employer match about $35,982 at 4% or $23,988 at 6%; with 100% employer match about $26,987 at 4% or $17,991 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-43$5,087,242$92,834$2,159iApproximate average salary by contribution assumption: employee only about $53,973 at 4% or $35,982 at 6%; with 50% employer match about $35,982 at 4% or $23,988 at 6%; with 100% employer match about $26,987 at 4% or $17,991 at 6%.
2019142$5,547,990$196,435$4,677iApproximate average salary by contribution assumption: employee only about $116,926 at 4% or $77,950 at 6%; with 50% employer match about $77,950 at 4% or $51,967 at 6%; with 100% employer match about $58,463 at 4% or $38,975 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-42$5,547,990$196,435$4,677iApproximate average salary by contribution assumption: employee only about $116,926 at 4% or $77,950 at 6%; with 50% employer match about $77,950 at 4% or $51,967 at 6%; with 100% employer match about $58,463 at 4% or $38,975 at 6%.
2018142$4,685,338$195,270$4,649iApproximate average salary by contribution assumption: employee only about $116,232 at 4% or $77,488 at 6%; with 50% employer match about $77,488 at 4% or $51,659 at 6%; with 100% employer match about $58,116 at 4% or $38,744 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-42$4,685,338$195,270$4,649iApproximate average salary by contribution assumption: employee only about $116,232 at 4% or $77,488 at 6%; with 50% employer match about $77,488 at 4% or $51,659 at 6%; with 100% employer match about $58,116 at 4% or $38,744 at 6%.
2017139$4,917,435$29,261$750iApproximate average salary by contribution assumption: employee only about $18,757 at 4% or $12,505 at 6%; with 50% employer match about $12,505 at 4% or $8,336 at 6%; with 100% employer match about $9,379 at 4% or $6,252 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-39$4,917,435$29,261$750iApproximate average salary by contribution assumption: employee only about $18,757 at 4% or $12,505 at 6%; with 50% employer match about $12,505 at 4% or $8,336 at 6%; with 100% employer match about $9,379 at 4% or $6,252 at 6%.
2016236$8,951,832$0-
MAGIC INDUSTRIES, INC. PROFIT SHARING PLAN-36$4,475,916$0-
Magic Industries Inc. Profit Sharing & 401(K) Plan-36$4,475,916$0-
2015142$4,574,607$103,573$2,466iApproximate average salary by contribution assumption: employee only about $61,651 at 4% or $41,100 at 6%; with 50% employer match about $41,100 at 4% or $27,400 at 6%; with 100% employer match about $30,825 at 4% or $20,550 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-42$4,574,607$103,573$2,466iApproximate average salary by contribution assumption: employee only about $61,651 at 4% or $41,100 at 6%; with 50% employer match about $41,100 at 4% or $27,400 at 6%; with 100% employer match about $30,825 at 4% or $20,550 at 6%.
2014142$4,585,503$318,958$7,594iApproximate average salary by contribution assumption: employee only about $189,856 at 4% or $126,571 at 6%; with 50% employer match about $126,571 at 4% or $84,380 at 6%; with 100% employer match about $94,928 at 4% or $63,285 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-42$4,585,503$318,958$7,594iApproximate average salary by contribution assumption: employee only about $189,856 at 4% or $126,571 at 6%; with 50% employer match about $126,571 at 4% or $84,380 at 6%; with 100% employer match about $94,928 at 4% or $63,285 at 6%.
2013139$4,340,963$0-
Magic Industries Inc. Profit Sharing & 401(K) Plan-39$4,340,963--
2012143$4,131,614$311,212$7,237iApproximate average salary by contribution assumption: employee only about $180,937 at 4% or $120,625 at 6%; with 50% employer match about $120,625 at 4% or $80,417 at 6%; with 100% employer match about $90,469 at 4% or $60,312 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-43$4,131,614$311,212$7,237iApproximate average salary by contribution assumption: employee only about $180,937 at 4% or $120,625 at 6%; with 50% employer match about $120,625 at 4% or $80,417 at 6%; with 100% employer match about $90,469 at 4% or $60,312 at 6%.
2011136$3,647,402$269,644$7,490iApproximate average salary by contribution assumption: employee only about $187,253 at 4% or $124,835 at 6%; with 50% employer match about $124,835 at 4% or $83,223 at 6%; with 100% employer match about $93,626 at 4% or $62,418 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-36$3,647,402$269,644$7,490iApproximate average salary by contribution assumption: employee only about $187,253 at 4% or $124,835 at 6%; with 50% employer match about $124,835 at 4% or $83,223 at 6%; with 100% employer match about $93,626 at 4% or $62,418 at 6%.
2010136$3,787,189$288,993$8,028iApproximate average salary by contribution assumption: employee only about $200,690 at 4% or $133,793 at 6%; with 50% employer match about $133,793 at 4% or $89,195 at 6%; with 100% employer match about $100,345 at 4% or $66,897 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-36$3,787,189$288,993$8,028iApproximate average salary by contribution assumption: employee only about $200,690 at 4% or $133,793 at 6%; with 50% employer match about $133,793 at 4% or $89,195 at 6%; with 100% employer match about $100,345 at 4% or $66,897 at 6%.
2009133$3,362,829$156,063$4,729iApproximate average salary by contribution assumption: employee only about $118,230 at 4% or $78,820 at 6%; with 50% employer match about $78,820 at 4% or $52,546 at 6%; with 100% employer match about $59,115 at 4% or $39,410 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-33$3,362,829$156,063$4,729iApproximate average salary by contribution assumption: employee only about $118,230 at 4% or $78,820 at 6%; with 50% employer match about $78,820 at 4% or $52,546 at 6%; with 100% employer match about $59,115 at 4% or $39,410 at 6%.
2007129$0$0-
Magic Industries Inc. Profit Sharing & 401(K) Plan-29---
2006125$3,163,574$320,174$12,807iApproximate average salary by contribution assumption: employee only about $320,174 at 4% or $213,449 at 6%; with 50% employer match about $213,449 at 4% or $142,300 at 6%; with 100% employer match about $160,087 at 4% or $106,725 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-25$3,163,574$320,174$12,807iApproximate average salary by contribution assumption: employee only about $320,174 at 4% or $213,449 at 6%; with 50% employer match about $213,449 at 4% or $142,300 at 6%; with 100% employer match about $160,087 at 4% or $106,725 at 6%.
2005124$2,582,344$290,892$12,121iApproximate average salary by contribution assumption: employee only about $303,013 at 4% or $202,008 at 6%; with 50% employer match about $202,008 at 4% or $134,672 at 6%; with 100% employer match about $151,506 at 4% or $101,004 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-24$2,582,344$290,892$12,121iApproximate average salary by contribution assumption: employee only about $303,013 at 4% or $202,008 at 6%; with 50% employer match about $202,008 at 4% or $134,672 at 6%; with 100% employer match about $151,506 at 4% or $101,004 at 6%.
2004123$2,111,924$199,808$8,687iApproximate average salary by contribution assumption: employee only about $217,183 at 4% or $144,788 at 6%; with 50% employer match about $144,788 at 4% or $96,526 at 6%; with 100% employer match about $108,591 at 4% or $72,394 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-23$2,111,924$199,808$8,687iApproximate average salary by contribution assumption: employee only about $217,183 at 4% or $144,788 at 6%; with 50% employer match about $144,788 at 4% or $96,526 at 6%; with 100% employer match about $108,591 at 4% or $72,394 at 6%.
2003120$1,834,183$169,427$8,471iApproximate average salary by contribution assumption: employee only about $211,784 at 4% or $141,189 at 6%; with 50% employer match about $141,189 at 4% or $94,126 at 6%; with 100% employer match about $105,892 at 4% or $70,595 at 6%.
Magic Industries Inc. Profit Sharing & 401(K) Plan-20$1,834,183$169,427$8,471iApproximate average salary by contribution assumption: employee only about $211,784 at 4% or $141,189 at 6%; with 50% employer match about $141,189 at 4% or $94,126 at 6%; with 100% employer match about $105,892 at 4% or $70,595 at 6%.
2002223$0$0-
Magic Industries Inc. Money Purchase Pension Plan-0---
Magic Industries Inc. Profit Sharing & 401(K) Plan-23---
2001225$0$0-
Magic Industries Inc. Money Purchase Pension Plan-25---
Magic Industries Inc. Profit Sharing & 401(K) Plan-25---
2000121$0$0-
Magic Industries Inc. Profit Sharing & 401(K) Plan-21---