Magnum Boating Inc.
Plan context: Magnum Boating Inc. 401K Profit Sharing Plan
EIN 76-0849431 • Moneta, VA • 7 filings • 2 plans
Current Snapshot
Latest Year
2025
2025 Participants
5
2025 Assets
$374,096
2025 Contributions
$78,950
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 |
|---|---|---|---|---|---|
| 2025 | 1 | 5 | $374,096 | $78,950 | $15,790iApproximate average salary by contribution assumption: employee only about $394,750 at 4% or $263,167 at 6%; with 50% employer match about $263,167 at 4% or $175,444 at 6%; with 100% employer match about $197,375 at 4% or $131,583 at 6%. |
| Magnum Boating Inc. 401K Profit Sharing Plan | - | 5 | $374,096 | $78,950 | $15,790iApproximate average salary by contribution assumption: employee only about $394,750 at 4% or $263,167 at 6%; with 50% employer match about $263,167 at 4% or $175,444 at 6%; with 100% employer match about $197,375 at 4% or $131,583 at 6%. |
| 2024 | 2 | 5 | $828,208 | $312,335 | $62,467iApproximate average salary by contribution assumption: employee only about $1,561,675 at 4% or $1,041,117 at 6%; with 50% employer match about $1,041,117 at 4% or $694,078 at 6%; with 100% employer match about $780,838 at 4% or $520,558 at 6%. |
| MAGNUM BOATING, INC. CASH BALANCE PENSION PLAN | - | 5 | $563,590 | $193,567 | $38,713iApproximate average salary by contribution assumption: employee only about $967,835 at 4% or $645,223 at 6%; with 50% employer match about $645,223 at 4% or $430,149 at 6%; with 100% employer match about $483,918 at 4% or $322,612 at 6%. |
| Magnum Boating Inc. 401K Profit Sharing Plan | - | 5 | $264,618 | $118,768 | $23,754iApproximate average salary by contribution assumption: employee only about $593,840 at 4% or $395,893 at 6%; with 50% employer match about $395,893 at 4% or $263,929 at 6%; with 100% employer match about $296,920 at 4% or $197,947 at 6%. |
| 2023 | 2 | 3 | $470,294 | $185,000 | $61,667iApproximate average salary by contribution assumption: employee only about $1,541,667 at 4% or $1,027,778 at 6%; with 50% employer match about $1,027,778 at 4% or $685,185 at 6%; with 100% employer match about $770,833 at 4% or $513,889 at 6%. |
| MAGNUM BOATING, INC. CASH BALANCE PENSION PLAN | - | 3 | $343,277 | $122,377 | $40,792iApproximate average salary by contribution assumption: employee only about $1,019,808 at 4% or $679,872 at 6%; with 50% employer match about $679,872 at 4% or $453,248 at 6%; with 100% employer match about $509,904 at 4% or $339,936 at 6%. |
| Magnum Boating Inc. 401K Profit Sharing Plan | - | 3 | $127,017 | $62,623 | $20,874iApproximate average salary by contribution assumption: employee only about $521,858 at 4% or $347,906 at 6%; with 50% employer match about $347,906 at 4% or $231,937 at 6%; with 100% employer match about $260,929 at 4% or $173,953 at 6%. |
| 2022 | 2 | 3 | $257,126 | $257,126 | $85,709iApproximate average salary by contribution assumption: employee only about $2,142,717 at 4% or $1,428,478 at 6%; with 50% employer match about $1,428,478 at 4% or $952,319 at 6%; with 100% employer match about $1,071,358 at 4% or $714,239 at 6%. |
| MAGNUM BOATING, INC. CASH BALANCE PENSION PLAN | - | 3 | $200,000 | $200,000 | $66,667iApproximate average salary by contribution assumption: employee only about $1,666,667 at 4% or $1,111,111 at 6%; with 50% employer match about $1,111,111 at 4% or $740,741 at 6%; with 100% employer match about $833,333 at 4% or $555,556 at 6%. |
| Magnum Boating Inc. 401K Profit Sharing Plan | - | 3 | $57,126 | $57,126 | $19,042iApproximate average salary by contribution assumption: employee only about $476,050 at 4% or $317,367 at 6%; with 50% employer match about $317,367 at 4% or $211,578 at 6%; with 100% employer match about $238,025 at 4% or $158,683 at 6%. |