Civic Intelligence

Magnum Group Inc.

Plan context: MAGNUM GROUP, INC. CASH BALANCE PENSION PLAN

EIN 81-0590130 • Batesville, IN • 21 filings • 3 plans

179 Brook DriveBatesville, IN 47006
Current Snapshot

Latest Year

2024

2024 Participants

2

2024 Assets

$2,164,212

2024 Contributions

$494,169

Historical Graphs

Total Assets Over Time

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

$2,164,212$1,082,106$0201320182023YearValue
$2,164,212Latest year 2023

Participants Over Time

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

1160201320182023YearValue
2Latest year 2023

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
202410$0$0-
Magnum Group Inc. 401(K) Profit Sharing Plan & Trust-0$0$0-
202322$2,164,212$494,169$247,085iApproximate average salary by contribution assumption: employee only about $6,177,113 at 4% or $4,118,075 at 6%; with 50% employer match about $4,118,075 at 4% or $2,745,383 at 6%; with 100% employer match about $3,088,556 at 4% or $2,059,038 at 6%.
MAGNUM GROUP, INC. CASH BALANCE PENSION PLAN-2$1,093,986$457,891$228,946iApproximate average salary by contribution assumption: employee only about $5,723,638 at 4% or $3,815,758 at 6%; with 50% employer match about $3,815,758 at 4% or $2,543,839 at 6%; with 100% employer match about $2,861,819 at 4% or $1,907,879 at 6%.
Magnum Group Inc. 401(K) Profit Sharing Plan & Trust-2$1,070,226$36,278$18,139iApproximate average salary by contribution assumption: employee only about $453,475 at 4% or $302,317 at 6%; with 50% employer match about $302,317 at 4% or $201,544 at 6%; with 100% employer match about $226,738 at 4% or $151,158 at 6%.
202222$1,586,819$506,000$253,000iApproximate average salary by contribution assumption: employee only about $6,325,000 at 4% or $4,216,667 at 6%; with 50% employer match about $4,216,667 at 4% or $2,811,111 at 6%; with 100% employer match about $3,162,500 at 4% or $2,108,333 at 6%.
Magnum Group Inc. 401(K) Profit Sharing Plan & Trust-2$912,820$45,000$22,500iApproximate average salary by contribution assumption: employee only about $562,500 at 4% or $375,000 at 6%; with 50% employer match about $375,000 at 4% or $250,000 at 6%; with 100% employer match about $281,250 at 4% or $187,500 at 6%.
MAGNUM GROUP, INC. CASH BALANCE PENSION PLAN-2$673,999$461,000$230,500iApproximate average salary by contribution assumption: employee only about $5,762,500 at 4% or $3,841,667 at 6%; with 50% employer match about $3,841,667 at 4% or $2,561,111 at 6%; with 100% employer match about $2,881,250 at 4% or $1,920,833 at 6%.
202129$1,470,157$440,222$48,914iApproximate average salary by contribution assumption: employee only about $1,222,839 at 4% or $815,226 at 6%; with 50% employer match about $815,226 at 4% or $543,484 at 6%; with 100% employer match about $611,419 at 4% or $407,613 at 6%.
Magnum Group Inc. 401(K) Profit Sharing Plan & Trust-9$1,183,078$105,678$11,742iApproximate average salary by contribution assumption: employee only about $293,550 at 4% or $195,700 at 6%; with 50% employer match about $195,700 at 4% or $130,467 at 6%; with 100% employer match about $146,775 at 4% or $97,850 at 6%.
MAGNUM GROUP, INC. CASH BALANCE PENSION PLAN-9$287,079$334,544$37,172iApproximate average salary by contribution assumption: employee only about $929,289 at 4% or $619,526 at 6%; with 50% employer match about $619,526 at 4% or $413,017 at 6%; with 100% employer match about $464,644 at 4% or $309,763 at 6%.
202019$1,024,181$105,043$11,671iApproximate average salary by contribution assumption: employee only about $291,786 at 4% or $194,524 at 6%; with 50% employer match about $194,524 at 4% or $129,683 at 6%; with 100% employer match about $145,893 at 4% or $97,262 at 6%.
Magnum Group Inc. 401(K) Profit Sharing Plan & Trust-9$1,024,181$105,043$11,671iApproximate average salary by contribution assumption: employee only about $291,786 at 4% or $194,524 at 6%; with 50% employer match about $194,524 at 4% or $129,683 at 6%; with 100% employer match about $145,893 at 4% or $97,262 at 6%.
2019111$883,085$109,962$9,997iApproximate average salary by contribution assumption: employee only about $249,914 at 4% or $166,609 at 6%; with 50% employer match about $166,609 at 4% or $111,073 at 6%; with 100% employer match about $124,957 at 4% or $83,305 at 6%.
Magnum Group Inc. 401(K) Profit Sharing Plan & Trust-11$883,085$109,962$9,997iApproximate average salary by contribution assumption: employee only about $249,914 at 4% or $166,609 at 6%; with 50% employer match about $166,609 at 4% or $111,073 at 6%; with 100% employer match about $124,957 at 4% or $83,305 at 6%.
2018210$850,691$431,915$43,192iApproximate average salary by contribution assumption: employee only about $1,079,788 at 4% or $719,858 at 6%; with 50% employer match about $719,858 at 4% or $479,906 at 6%; with 100% employer match about $539,894 at 4% or $359,929 at 6%.
Magnum Group Inc. 401(K) Profit Sharing Plan & Trust-10$850,691$431,915$43,192iApproximate average salary by contribution assumption: employee only about $1,079,788 at 4% or $719,858 at 6%; with 50% employer match about $719,858 at 4% or $479,906 at 6%; with 100% employer match about $539,894 at 4% or $359,929 at 6%.
MAGNUM GROUP, INC. CASH BALANCE PLAN-0$0--
201728$802,863$119,419$14,927iApproximate average salary by contribution assumption: employee only about $373,184 at 4% or $248,790 at 6%; with 50% employer match about $248,790 at 4% or $165,860 at 6%; with 100% employer match about $186,592 at 4% or $124,395 at 6%.
Magnum Group Inc. 401(K) Profit Sharing Plan & Trust-8$506,973$62,419$7,802iApproximate average salary by contribution assumption: employee only about $195,059 at 4% or $130,040 at 6%; with 50% employer match about $130,040 at 4% or $86,693 at 6%; with 100% employer match about $97,530 at 4% or $65,020 at 6%.
MAGNUM GROUP, INC. CASH BALANCE PLAN-8$295,890$57,000$7,125iApproximate average salary by contribution assumption: employee only about $178,125 at 4% or $118,750 at 6%; with 50% employer match about $118,750 at 4% or $79,167 at 6%; with 100% employer match about $89,063 at 4% or $59,375 at 6%.
201629$589,410$151,545$16,838iApproximate average salary by contribution assumption: employee only about $420,958 at 4% or $280,639 at 6%; with 50% employer match about $280,639 at 4% or $187,093 at 6%; with 100% employer match about $210,479 at 4% or $140,319 at 6%.
Magnum Group Inc. 401(K) Profit Sharing Plan & Trust-9$371,591$97,545$10,838iApproximate average salary by contribution assumption: employee only about $270,958 at 4% or $180,639 at 6%; with 50% employer match about $180,639 at 4% or $120,426 at 6%; with 100% employer match about $135,479 at 4% or $90,319 at 6%.
MAGNUM GROUP, INC. CASH BALANCE PLAN-8$217,819$54,000$6,750iApproximate average salary by contribution assumption: employee only about $168,750 at 4% or $112,500 at 6%; with 50% employer match about $112,500 at 4% or $75,000 at 6%; with 100% employer match about $84,375 at 4% or $56,250 at 6%.
201528$404,445$101,851$12,731iApproximate average salary by contribution assumption: employee only about $318,284 at 4% or $212,190 at 6%; with 50% employer match about $212,190 at 4% or $141,460 at 6%; with 100% employer match about $159,142 at 4% or $106,095 at 6%.
Magnum Group Inc. 401(K) Profit Sharing Plan & Trust-8$259,535$57,851$7,231iApproximate average salary by contribution assumption: employee only about $180,784 at 4% or $120,523 at 6%; with 50% employer match about $120,523 at 4% or $80,349 at 6%; with 100% employer match about $90,392 at 4% or $60,261 at 6%.
MAGNUM GROUP, INC. CASH BALANCE PLAN-6$144,910$44,000$7,333iApproximate average salary by contribution assumption: employee only about $183,333 at 4% or $122,222 at 6%; with 50% employer match about $122,222 at 4% or $81,481 at 6%; with 100% employer match about $91,667 at 4% or $61,111 at 6%.
201428$326,135$164,555$20,569iApproximate average salary by contribution assumption: employee only about $514,234 at 4% or $342,823 at 6%; with 50% employer match about $342,823 at 4% or $228,549 at 6%; with 100% employer match about $257,117 at 4% or $171,411 at 6%.
Magnum Group Inc. 401(K) Profit Sharing Plan & Trust-8$217,477$110,555$13,819iApproximate average salary by contribution assumption: employee only about $345,484 at 4% or $230,323 at 6%; with 50% employer match about $230,323 at 4% or $153,549 at 6%; with 100% employer match about $172,742 at 4% or $115,161 at 6%.
MAGNUM GROUP, INC. CASH BALANCE PLAN-8$108,658$54,000$6,750iApproximate average salary by contribution assumption: employee only about $168,750 at 4% or $112,500 at 6%; with 50% employer match about $112,500 at 4% or $75,000 at 6%; with 100% employer match about $84,375 at 4% or $56,250 at 6%.
201326$162,042$155,262$25,877iApproximate average salary by contribution assumption: employee only about $646,925 at 4% or $431,283 at 6%; with 50% employer match about $431,283 at 4% or $287,522 at 6%; with 100% employer match about $323,463 at 4% or $215,642 at 6%.
Magnum Group Inc. 401(K) Profit Sharing Plan & Trust-6$108,073$101,262$16,877iApproximate average salary by contribution assumption: employee only about $421,925 at 4% or $281,283 at 6%; with 50% employer match about $281,283 at 4% or $187,522 at 6%; with 100% employer match about $210,963 at 4% or $140,642 at 6%.
MAGNUM GROUP, INC. CASH BALANCE PLAN-6$53,969$54,000$9,000iApproximate average salary by contribution assumption: employee only about $225,000 at 4% or $150,000 at 6%; with 50% employer match about $150,000 at 4% or $100,000 at 6%; with 100% employer match about $112,500 at 4% or $75,000 at 6%.