Magic Plastics Inc.
Plan context: Magic Plastics Inc. Profit Sharing Plan
EIN 95-3988483 • Valencia, CA • 16 filings • 5 plans
Current Snapshot
Latest Year
2024
2024 Participants
9
2024 Assets
$100,839
2024 Contributions
$27,556
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 |
|---|---|---|---|---|---|
| 2024 | 1 | 9 | $100,839 | $27,556 | $3,062iApproximate average salary by contribution assumption: employee only about $76,544 at 4% or $51,030 at 6%; with 50% employer match about $51,030 at 4% or $34,020 at 6%; with 100% employer match about $38,272 at 4% or $25,515 at 6%. |
| Magic Plastics Inc. Profit Sharing Plan | - | 9 | $100,839 | $27,556 | $3,062iApproximate average salary by contribution assumption: employee only about $76,544 at 4% or $51,030 at 6%; with 50% employer match about $51,030 at 4% or $34,020 at 6%; with 100% employer match about $38,272 at 4% or $25,515 at 6%. |
| 2023 | 1 | 0 | $67,984 | $23,267 | - |
| Magic Plastics Inc. Profit Sharing Plan | - | 0 | $67,984 | $23,267 | - |
| 2022 | 1 | 8 | $41,543 | $33,560 | $4,195iApproximate average salary by contribution assumption: employee only about $104,875 at 4% or $69,917 at 6%; with 50% employer match about $69,917 at 4% or $46,611 at 6%; with 100% employer match about $52,438 at 4% or $34,958 at 6%. |
| Magic Plastics Inc. Profit Sharing Plan | - | 8 | $41,543 | $33,560 | $4,195iApproximate average salary by contribution assumption: employee only about $104,875 at 4% or $69,917 at 6%; with 50% employer match about $69,917 at 4% or $46,611 at 6%; with 100% employer match about $52,438 at 4% or $34,958 at 6%. |
| 2021 | 1 | 6 | $11,674 | $11,562 | $1,927iApproximate average salary by contribution assumption: employee only about $48,175 at 4% or $32,117 at 6%; with 50% employer match about $32,117 at 4% or $21,411 at 6%; with 100% employer match about $24,088 at 4% or $16,058 at 6%. |
| Magic Plastics Inc. Profit Sharing Plan | - | 6 | $11,674 | $11,562 | $1,927iApproximate average salary by contribution assumption: employee only about $48,175 at 4% or $32,117 at 6%; with 50% employer match about $32,117 at 4% or $21,411 at 6%; with 100% employer match about $24,088 at 4% or $16,058 at 6%. |
| 2008 | 1 | 0 | $0 | $0 | - |
| Magic Plastics Inc. Profit Sharing Plan | - | 0 | - | - | - |
| 2007 | 1 | 0 | $0 | $0 | - |
| Magic Plastics Inc. Profit Sharing Plan | - | 0 | - | - | - |
| 2006 | 1 | 90 | $65,845 | $0 | - |
| Magic Plastics Inc. Profit Sharing Plan | - | 90 | $65,845 | - | - |
| 2005 | 1 | 90 | $61,231 | $0 | - |
| Magic Plastics Inc. Profit Sharing Plan | - | 90 | $61,231 | - | - |
| 2004 | 1 | 80 | $59,769 | $0 | - |
| Magic Plastics Inc. Profit Sharing Plan | - | 80 | $59,769 | - | - |
| 2003 | 2 | 95 | $58,233 | $0 | - |
| Magic Plastics Inc. Profit Sharing Plan | - | 76 | $58,233 | - | - |
| MAGIC PLASTICS, INC. WELFARE BENEFIT PLAN | - | 95 | - | - | - |
| 2002 | 2 | 107 | $0 | $0 | - |
| Magic Plastics Inc. Profit Sharing Plan | - | 86 | - | - | - |
| MAGIC PLASTICS, INC. WELFARE BENEFIT PLAN | - | 107 | - | - | - |
| 2001 | 2 | 108 | $0 | $0 | - |
| MAGIC PLASTICS, INC. WELFARE BENEFIT PLAN | - | 108 | - | - | - |
| Magic Plastics Inc. Profit Sharing Plan | - | 97 | - | - | - |
| 2000 | 1 | 159 | $0 | $0 | - |
| MAGIC PLASTICS, INC. WELFARE BENEFIT PLAN | - | 159 | - | - | - |