Civic Intelligence

Joint Magtech Corporation

Plan context: JOINT MAGTECH CORPORATION PROFIT SHARING PLAN

EIN 95-4728136 • Chino, CA • 16 filings • 2 plans

5555 Daniels StreetChino, CA 91710
Current Snapshot

Latest Year

2024

2024 Participants

4

2024 Assets

$274,226

2024 Contributions

$91,028

Historical Graphs

Total Assets Over Time

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

$1,433,833$716,917$0201220182024YearValue
$274,226Latest year 2024

Participants Over Time

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

420201220182024YearValue
4Latest 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
202414$274,226$91,028$22,757iApproximate average salary by contribution assumption: employee only about $568,925 at 4% or $379,283 at 6%; with 50% employer match about $379,283 at 4% or $252,856 at 6%; with 100% employer match about $284,463 at 4% or $189,642 at 6%.
JOINT MAGTECH CORPORATION PROFIT SHARING PLAN-4$274,226$91,028$22,757iApproximate average salary by contribution assumption: employee only about $568,925 at 4% or $379,283 at 6%; with 50% employer match about $379,283 at 4% or $252,856 at 6%; with 100% employer match about $284,463 at 4% or $189,642 at 6%.
202314$122,339$86,862$21,716iApproximate average salary by contribution assumption: employee only about $542,888 at 4% or $361,925 at 6%; with 50% employer match about $361,925 at 4% or $241,283 at 6%; with 100% employer match about $271,444 at 4% or $180,963 at 6%.
JOINT MAGTECH CORPORATION PROFIT SHARING PLAN-4$122,339$86,862$21,716iApproximate average salary by contribution assumption: employee only about $542,888 at 4% or $361,925 at 6%; with 50% employer match about $361,925 at 4% or $241,283 at 6%; with 100% employer match about $271,444 at 4% or $180,963 at 6%.
202214$19,515$4,304$1,076iApproximate average salary by contribution assumption: employee only about $26,900 at 4% or $17,933 at 6%; with 50% employer match about $17,933 at 4% or $11,956 at 6%; with 100% employer match about $13,450 at 4% or $8,967 at 6%.
JOINT MAGTECH CORPORATION PROFIT SHARING PLAN-4$19,515$4,304$1,076iApproximate average salary by contribution assumption: employee only about $26,900 at 4% or $17,933 at 6%; with 50% employer match about $17,933 at 4% or $11,956 at 6%; with 100% employer match about $13,450 at 4% or $8,967 at 6%.
202114$27,415$4,370$1,093iApproximate average salary by contribution assumption: employee only about $27,313 at 4% or $18,208 at 6%; with 50% employer match about $18,208 at 4% or $12,139 at 6%; with 100% employer match about $13,656 at 4% or $9,104 at 6%.
JOINT MAGTECH CORPORATION PROFIT SHARING PLAN-4$27,415$4,370$1,093iApproximate average salary by contribution assumption: employee only about $27,313 at 4% or $18,208 at 6%; with 50% employer match about $18,208 at 4% or $12,139 at 6%; with 100% employer match about $13,656 at 4% or $9,104 at 6%.
202014$18,746$4,373$1,093iApproximate average salary by contribution assumption: employee only about $27,331 at 4% or $18,221 at 6%; with 50% employer match about $18,221 at 4% or $12,147 at 6%; with 100% employer match about $13,666 at 4% or $9,110 at 6%.
JOINT MAGTECH CORPORATION PROFIT SHARING PLAN-4$18,746$4,373$1,093iApproximate average salary by contribution assumption: employee only about $27,331 at 4% or $18,221 at 6%; with 50% employer match about $18,221 at 4% or $12,147 at 6%; with 100% employer match about $13,666 at 4% or $9,110 at 6%.
201923$1,433,833$214,041$71,347iApproximate average salary by contribution assumption: employee only about $1,783,675 at 4% or $1,189,117 at 6%; with 50% employer match about $1,189,117 at 4% or $792,744 at 6%; with 100% employer match about $891,838 at 4% or $594,558 at 6%.
Joint Magtech Corporation Defined Benefit Pension Plan-2$1,424,315$210,000$105,000iApproximate average salary by contribution assumption: employee only about $2,625,000 at 4% or $1,750,000 at 6%; with 50% employer match about $1,750,000 at 4% or $1,166,667 at 6%; with 100% employer match about $1,312,500 at 4% or $875,000 at 6%.
JOINT MAGTECH CORPORATION PROFIT SHARING PLAN-3$9,518$4,041$1,347iApproximate average salary by contribution assumption: employee only about $33,675 at 4% or $22,450 at 6%; with 50% employer match about $22,450 at 4% or $14,967 at 6%; with 100% employer match about $16,838 at 4% or $11,225 at 6%.
201824$1,076,535$256,087$64,022iApproximate average salary by contribution assumption: employee only about $1,600,544 at 4% or $1,067,029 at 6%; with 50% employer match about $1,067,029 at 4% or $711,353 at 6%; with 100% employer match about $800,272 at 4% or $533,515 at 6%.
Joint Magtech Corporation Defined Benefit Pension Plan-3$1,066,613$250,000$83,333iApproximate average salary by contribution assumption: employee only about $2,083,333 at 4% or $1,388,889 at 6%; with 50% employer match about $1,388,889 at 4% or $925,926 at 6%; with 100% employer match about $1,041,667 at 4% or $694,444 at 6%.
JOINT MAGTECH CORPORATION PROFIT SHARING PLAN-4$9,922$6,087$1,522iApproximate average salary by contribution assumption: employee only about $38,044 at 4% or $25,363 at 6%; with 50% employer match about $25,363 at 4% or $16,908 at 6%; with 100% employer match about $19,022 at 4% or $12,681 at 6%.
201724$890,493$184,550$46,138iApproximate average salary by contribution assumption: employee only about $1,153,438 at 4% or $768,958 at 6%; with 50% employer match about $768,958 at 4% or $512,639 at 6%; with 100% employer match about $576,719 at 4% or $384,479 at 6%.
Joint Magtech Corporation Defined Benefit Pension Plan-4$885,943$180,000$45,000iApproximate average salary by contribution assumption: employee only about $1,125,000 at 4% or $750,000 at 6%; with 50% employer match about $750,000 at 4% or $500,000 at 6%; with 100% employer match about $562,500 at 4% or $375,000 at 6%.
JOINT MAGTECH CORPORATION PROFIT SHARING PLAN-3$4,550$4,550$1,517iApproximate average salary by contribution assumption: employee only about $37,917 at 4% or $25,278 at 6%; with 50% employer match about $25,278 at 4% or $16,852 at 6%; with 100% employer match about $18,958 at 4% or $12,639 at 6%.
201614$641,910$100,000$25,000iApproximate average salary by contribution assumption: employee only about $625,000 at 4% or $416,667 at 6%; with 50% employer match about $416,667 at 4% or $277,778 at 6%; with 100% employer match about $312,500 at 4% or $208,333 at 6%.
Joint Magtech Corporation Defined Benefit Pension Plan-4$641,910$100,000$25,000iApproximate average salary by contribution assumption: employee only about $625,000 at 4% or $416,667 at 6%; with 50% employer match about $416,667 at 4% or $277,778 at 6%; with 100% employer match about $312,500 at 4% or $208,333 at 6%.
201514$529,254$85,000$21,250iApproximate average salary by contribution assumption: employee only about $531,250 at 4% or $354,167 at 6%; with 50% employer match about $354,167 at 4% or $236,111 at 6%; with 100% employer match about $265,625 at 4% or $177,083 at 6%.
Joint Magtech Corporation Defined Benefit Pension Plan-4$529,254$85,000$21,250iApproximate average salary by contribution assumption: employee only about $531,250 at 4% or $354,167 at 6%; with 50% employer match about $354,167 at 4% or $236,111 at 6%; with 100% employer match about $265,625 at 4% or $177,083 at 6%.
201414$446,686$95,000$23,750iApproximate average salary by contribution assumption: employee only about $593,750 at 4% or $395,833 at 6%; with 50% employer match about $395,833 at 4% or $263,889 at 6%; with 100% employer match about $296,875 at 4% or $197,917 at 6%.
Joint Magtech Corporation Defined Benefit Pension Plan-4$446,686$95,000$23,750iApproximate average salary by contribution assumption: employee only about $593,750 at 4% or $395,833 at 6%; with 50% employer match about $395,833 at 4% or $263,889 at 6%; with 100% employer match about $296,875 at 4% or $197,917 at 6%.
201314$349,849$170,000$42,500iApproximate average salary by contribution assumption: employee only about $1,062,500 at 4% or $708,333 at 6%; with 50% employer match about $708,333 at 4% or $472,222 at 6%; with 100% employer match about $531,250 at 4% or $354,167 at 6%.
Joint Magtech Corporation Defined Benefit Pension Plan-4$349,849$170,000$42,500iApproximate average salary by contribution assumption: employee only about $1,062,500 at 4% or $708,333 at 6%; with 50% employer match about $708,333 at 4% or $472,222 at 6%; with 100% employer match about $531,250 at 4% or $354,167 at 6%.
201214$173,000$173,000$43,250iApproximate average salary by contribution assumption: employee only about $1,081,250 at 4% or $720,833 at 6%; with 50% employer match about $720,833 at 4% or $480,556 at 6%; with 100% employer match about $540,625 at 4% or $360,417 at 6%.
Joint Magtech Corporation Defined Benefit Pension Plan-4$173,000$173,000$43,250iApproximate average salary by contribution assumption: employee only about $1,081,250 at 4% or $720,833 at 6%; with 50% employer match about $720,833 at 4% or $480,556 at 6%; with 100% employer match about $540,625 at 4% or $360,417 at 6%.