Magna Entertainment Corp.
Plan context: 401(K) Plan for Us Employees of Magna Entertainment Corp.
EIN 98-0208374 • 28 filings • 8 plans
Current Snapshot
Latest Year
2011
2011 Participants
340
2011 Assets
$10,042,924
2011 Contributions
$169,529
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 |
|---|---|---|---|---|---|
| 2011 | 3 | 0 | $0 | $169,529 | - |
| Magna Entertainment Corp Consolidated Welfare Benefit Plan No. 1 | - | 0 | - | - | - |
| Magna Entertainment Corp. Life & Disability Plan | - | 0 | - | - | - |
| 401(K) Plan for Us Employees of Magna Entertainment Corp. | - | 0 | - | $169,529 | - |
| 2010 | 3 | 340 | $10,042,924 | $6,482,433 | $19,066iApproximate average salary by contribution assumption: employee only about $476,649 at 4% or $317,766 at 6%; with 50% employer match about $317,766 at 4% or $211,844 at 6%; with 100% employer match about $238,325 at 4% or $158,883 at 6%. |
| 401(K) Plan for Us Employees of Magna Entertainment Corp. | - | 340 | $9,708,092 | $1,781,421 | $5,239iApproximate average salary by contribution assumption: employee only about $130,987 at 4% or $87,325 at 6%; with 50% employer match about $87,325 at 4% or $58,216 at 6%; with 100% employer match about $65,493 at 4% or $43,662 at 6%. |
| Magna Entertainment Corp Consolidated Welfare Benefit Plan No. 1 | - | 146 | $334,832 | $4,497,135 | $30,802iApproximate average salary by contribution assumption: employee only about $770,057 at 4% or $513,372 at 6%; with 50% employer match about $513,372 at 4% or $342,248 at 6%; with 100% employer match about $385,029 at 4% or $256,686 at 6%. |
| Magna Entertainment Corp. Life & Disability Plan | - | 227 | - | $203,877 | $898iApproximate average salary by contribution assumption: employee only about $22,453 at 4% or $14,969 at 6%; with 50% employer match about $14,969 at 4% or $9,979 at 6%; with 100% employer match about $11,227 at 4% or $7,484 at 6%. |
| 2009 | 3 | 2,939 | $41,592,338 | $14,225,879 | $4,840iApproximate average salary by contribution assumption: employee only about $121,010 at 4% or $80,673 at 6%; with 50% employer match about $80,673 at 4% or $53,782 at 6%; with 100% employer match about $60,505 at 4% or $40,337 at 6%. |
| 401(K) Plan for Us Employees of Magna Entertainment Corp. | - | 2,939 | $40,122,747 | $4,650,092 | $1,582iApproximate average salary by contribution assumption: employee only about $39,555 at 4% or $26,370 at 6%; with 50% employer match about $26,370 at 4% or $17,580 at 6%; with 100% employer match about $19,778 at 4% or $13,185 at 6%. |
| Magna Entertainment Corp Consolidated Welfare Benefit Plan No. 1 | - | 1,433 | $1,469,591 | $8,972,222 | $6,261iApproximate average salary by contribution assumption: employee only about $156,529 at 4% or $104,352 at 6%; with 50% employer match about $104,352 at 4% or $69,568 at 6%; with 100% employer match about $78,264 at 4% or $52,176 at 6%. |
| Magna Entertainment Corp. Life & Disability Plan | - | 1,593 | - | $603,565 | $379iApproximate average salary by contribution assumption: employee only about $9,472 at 4% or $6,315 at 6%; with 50% employer match about $6,315 at 4% or $4,210 at 6%; with 100% employer match about $4,736 at 4% or $3,157 at 6%. |
| 2008 | 3 | 2,749 | $38,604,476 | $16,368,542 | $5,954iApproximate average salary by contribution assumption: employee only about $148,859 at 4% or $99,239 at 6%; with 50% employer match about $99,239 at 4% or $66,160 at 6%; with 100% employer match about $74,430 at 4% or $49,620 at 6%. |
| 401(K) Plan for Us Employees of Magna Entertainment Corp. | - | 2,749 | $33,589,526 | $5,299,322 | $1,928iApproximate average salary by contribution assumption: employee only about $48,193 at 4% or $32,129 at 6%; with 50% employer match about $32,129 at 4% or $21,419 at 6%; with 100% employer match about $24,097 at 4% or $16,064 at 6%. |
| Magna Entertainment Corp Consolidated Welfare Benefit Plan No. 1 | - | 1,530 | $4,964,551 | $10,459,516 | $6,836iApproximate average salary by contribution assumption: employee only about $170,907 at 4% or $113,938 at 6%; with 50% employer match about $113,938 at 4% or $75,959 at 6%; with 100% employer match about $85,454 at 4% or $56,969 at 6%. |
| Magna Entertainment Corp. Life & Disability Plan | - | 1,728 | $50,399 | $609,704 | $353iApproximate average salary by contribution assumption: employee only about $8,821 at 4% or $5,881 at 6%; with 50% employer match about $5,881 at 4% or $3,920 at 6%; with 100% employer match about $4,410 at 4% or $2,940 at 6%. |
| 2007 | 3 | 2,268 | $34,086,453 | $17,478,750 | $7,707iApproximate average salary by contribution assumption: employee only about $192,667 at 4% or $128,445 at 6%; with 50% employer match about $128,445 at 4% or $85,630 at 6%; with 100% employer match about $96,333 at 4% or $64,222 at 6%. |
| 401(K) Plan for Us Employees of Magna Entertainment Corp. | - | 2,268 | $29,918,037 | $4,100,893 | $1,808iApproximate average salary by contribution assumption: employee only about $45,204 at 4% or $30,136 at 6%; with 50% employer match about $30,136 at 4% or $20,091 at 6%; with 100% employer match about $22,602 at 4% or $15,068 at 6%. |
| Magna Entertainment Corp Consolidated Welfare Benefit Plan No. 1 | - | 1,323 | $4,168,416 | $13,377,857 | $10,112iApproximate average salary by contribution assumption: employee only about $252,794 at 4% or $168,529 at 6%; with 50% employer match about $168,529 at 4% or $112,353 at 6%; with 100% employer match about $126,397 at 4% or $84,265 at 6%. |
| Magna Entertainment Corp. Life & Disability Plan | - | 1,510 | - | - | - |
| 2006 | 3 | 1,643 | $26,728,039 | $14,709,571 | $8,953iApproximate average salary by contribution assumption: employee only about $223,822 at 4% or $149,215 at 6%; with 50% employer match about $149,215 at 4% or $99,476 at 6%; with 100% employer match about $111,911 at 4% or $74,607 at 6%. |
| 401(K) Plan for Us Employees of Magna Entertainment Corp. | - | 1,643 | $25,988,839 | $3,952,821 | $2,406iApproximate average salary by contribution assumption: employee only about $60,146 at 4% or $40,098 at 6%; with 50% employer match about $40,098 at 4% or $26,732 at 6%; with 100% employer match about $30,073 at 4% or $20,049 at 6%. |
| Magna Entertainment Corp Consolidated Welfare Benefit Plan No. 1 | - | 1,235 | $739,200 | $10,756,750 | $8,710iApproximate average salary by contribution assumption: employee only about $217,748 at 4% or $145,165 at 6%; with 50% employer match about $145,165 at 4% or $96,777 at 6%; with 100% employer match about $108,874 at 4% or $72,583 at 6%. |
| Magna Entertainment Corp. Life & Disability Plan | - | 1,409 | - | - | - |
| 2005 | 4 | 1,615 | $45,749,340 | $14,020,631 | $8,682iApproximate average salary by contribution assumption: employee only about $217,038 at 4% or $144,692 at 6%; with 50% employer match about $144,692 at 4% or $96,461 at 6%; with 100% employer match about $108,519 at 4% or $72,346 at 6%. |
| 401(K) Plan for Us Employees of Magna Entertainment Corp. | - | 1,615 | $22,429,845 | $3,615,621 | $2,239iApproximate average salary by contribution assumption: employee only about $55,969 at 4% or $37,313 at 6%; with 50% employer match about $37,313 at 4% or $24,875 at 6%; with 100% employer match about $27,985 at 4% or $18,656 at 6%. |
| 401(K) Plan for Us Employees of Magna Entertainment Corp. | - | 0 | $22,429,845 | $3,615,621 | - |
| Magna Entertainment Corp Consolidated Welfare Benefit Plan No. 1 | - | 1,048 | $889,650 | $6,789,389 | $6,478iApproximate average salary by contribution assumption: employee only about $161,961 at 4% or $107,974 at 6%; with 50% employer match about $107,974 at 4% or $71,982 at 6%; with 100% employer match about $80,980 at 4% or $53,987 at 6%. |
| Magna Entertainment Corp. Life & Disability Plan | - | 1,099 | - | - | - |
| 2004 | 3 | 1,555 | $21,696,886 | $10,357,524 | $6,661iApproximate average salary by contribution assumption: employee only about $166,520 at 4% or $111,013 at 6%; with 50% employer match about $111,013 at 4% or $74,009 at 6%; with 100% employer match about $83,260 at 4% or $55,507 at 6%. |
| 401(K) Plan for Us Employees of Magna Entertainment Corp. | - | 1,555 | $19,222,438 | $3,565,223 | $2,293iApproximate average salary by contribution assumption: employee only about $57,319 at 4% or $38,212 at 6%; with 50% employer match about $38,212 at 4% or $25,475 at 6%; with 100% employer match about $28,659 at 4% or $19,106 at 6%. |
| Magna Entertainment Corp Consolidated Welfare Benefit Plan No. 1 | - | 1,022 | $2,474,448 | $6,792,301 | $6,646iApproximate average salary by contribution assumption: employee only about $166,152 at 4% or $110,768 at 6%; with 50% employer match about $110,768 at 4% or $73,845 at 6%; with 100% employer match about $83,076 at 4% or $55,384 at 6%. |
| Magna Entertainment Corp. Life & Disability Plan | - | 1,300 | - | - | - |
| 2003 | 3 | 1,532 | $18,259,785 | $5,845,238 | $3,815iApproximate average salary by contribution assumption: employee only about $95,386 at 4% or $63,590 at 6%; with 50% employer match about $63,590 at 4% or $42,394 at 6%; with 100% employer match about $47,693 at 4% or $31,795 at 6%. |
| 401(K) Plan for Us Employees of Magna Entertainment Corp. | - | 1,532 | $16,528,464 | $2,684,290 | $1,752iApproximate average salary by contribution assumption: employee only about $43,804 at 4% or $29,202 at 6%; with 50% employer match about $29,202 at 4% or $19,468 at 6%; with 100% employer match about $21,902 at 4% or $14,601 at 6%. |
| Magna Entertainment Corp Consolidated Welfare Benefit Plan No. 1 | - | 937 | $1,731,321 | $3,160,948 | $3,373iApproximate average salary by contribution assumption: employee only about $84,337 at 4% or $56,225 at 6%; with 50% employer match about $56,225 at 4% or $37,483 at 6%; with 100% employer match about $42,168 at 4% or $28,112 at 6%. |
| Magna Entertainment Corp. Life & Disability Plan | - | 1,142 | - | - | - |