Civic Intelligence

Magma Global Limited

Plan context: Magma Global Limited 401 K Profit Sharing Plan Trust

EIN 98-1088222 • Portsmouth, Hampshire • 9 filings • 3 plans

Trafalgar WharfHamilton RoadPortsmouth, Hampshire PO64PXGb
Current Snapshot

Latest Year

2023

2023 Participants

1

2023 Assets

$216,790

2023 Contributions

$17,390

Historical Graphs

Total Assets Over Time

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

$662,636$331,318$0201520192023YearValue
$216,790Latest year 2023

Participants Over Time

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

320201520192023YearValue
1Latest 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
202311$216,790$17,390$17,390iApproximate average salary by contribution assumption: employee only about $434,750 at 4% or $289,833 at 6%; with 50% employer match about $289,833 at 4% or $193,222 at 6%; with 100% employer match about $217,375 at 4% or $144,917 at 6%.
Magma Global Limited 401 K Profit Sharing Plan Trust-1$216,790$17,390$17,390iApproximate average salary by contribution assumption: employee only about $434,750 at 4% or $289,833 at 6%; with 50% employer match about $289,833 at 4% or $193,222 at 6%; with 100% employer match about $217,375 at 4% or $144,917 at 6%.
202212$0$61,382$30,691iApproximate average salary by contribution assumption: employee only about $767,275 at 4% or $511,517 at 6%; with 50% employer match about $511,517 at 4% or $341,011 at 6%; with 100% employer match about $383,638 at 4% or $255,758 at 6%.
Magma Global Limited 401 K Profit Sharing Plan Trust-2$0$61,382$30,691iApproximate average salary by contribution assumption: employee only about $767,275 at 4% or $511,517 at 6%; with 50% employer match about $511,517 at 4% or $341,011 at 6%; with 100% employer match about $383,638 at 4% or $255,758 at 6%.
202112$559,431$85,702$42,851iApproximate average salary by contribution assumption: employee only about $1,071,275 at 4% or $714,183 at 6%; with 50% employer match about $714,183 at 4% or $476,122 at 6%; with 100% employer match about $535,638 at 4% or $357,092 at 6%.
Magma Global Limited 401 K Profit Sharing Plan Trust-2$559,431$85,702$42,851iApproximate average salary by contribution assumption: employee only about $1,071,275 at 4% or $714,183 at 6%; with 50% employer match about $714,183 at 4% or $476,122 at 6%; with 100% employer match about $535,638 at 4% or $357,092 at 6%.
202013$662,636$77,292$25,764iApproximate average salary by contribution assumption: employee only about $644,100 at 4% or $429,400 at 6%; with 50% employer match about $429,400 at 4% or $286,267 at 6%; with 100% employer match about $322,050 at 4% or $214,700 at 6%.
Magma Global Limited 401 K Profit Sharing Plan Trust-3$662,636$77,292$25,764iApproximate average salary by contribution assumption: employee only about $644,100 at 4% or $429,400 at 6%; with 50% employer match about $429,400 at 4% or $286,267 at 6%; with 100% employer match about $322,050 at 4% or $214,700 at 6%.
201913$431,722$85,961$28,654iApproximate average salary by contribution assumption: employee only about $716,342 at 4% or $477,561 at 6%; with 50% employer match about $477,561 at 4% or $318,374 at 6%; with 100% employer match about $358,171 at 4% or $238,781 at 6%.
Magma Global Limited 401 K Profit Sharing Plan Trust-3$431,722$85,961$28,654iApproximate average salary by contribution assumption: employee only about $716,342 at 4% or $477,561 at 6%; with 50% employer match about $477,561 at 4% or $318,374 at 6%; with 100% employer match about $358,171 at 4% or $238,781 at 6%.
201813$261,646$84,338$28,113iApproximate average salary by contribution assumption: employee only about $702,817 at 4% or $468,544 at 6%; with 50% employer match about $468,544 at 4% or $312,363 at 6%; with 100% employer match about $351,408 at 4% or $234,272 at 6%.
Magma Global Limited 401 K Profit Sharing Plan Trust-3$261,646$84,338$28,113iApproximate average salary by contribution assumption: employee only about $702,817 at 4% or $468,544 at 6%; with 50% employer match about $468,544 at 4% or $312,363 at 6%; with 100% employer match about $351,408 at 4% or $234,272 at 6%.
201713$200,646$71,160$23,720iApproximate average salary by contribution assumption: employee only about $593,000 at 4% or $395,333 at 6%; with 50% employer match about $395,333 at 4% or $263,556 at 6%; with 100% employer match about $296,500 at 4% or $197,667 at 6%.
Magma Global Limited 401 K Profit Sharing Plan Trust-3$200,646$71,160$23,720iApproximate average salary by contribution assumption: employee only about $593,000 at 4% or $395,333 at 6%; with 50% employer match about $395,333 at 4% or $263,556 at 6%; with 100% employer match about $296,500 at 4% or $197,667 at 6%.
201612$102,778$47,392$23,696iApproximate average salary by contribution assumption: employee only about $592,400 at 4% or $394,933 at 6%; with 50% employer match about $394,933 at 4% or $263,289 at 6%; with 100% employer match about $296,200 at 4% or $197,467 at 6%.
Magma Global Limited 401 K Profit Sharing Plan Trust-2$102,778$47,392$23,696iApproximate average salary by contribution assumption: employee only about $592,400 at 4% or $394,933 at 6%; with 50% employer match about $394,933 at 4% or $263,289 at 6%; with 100% employer match about $296,200 at 4% or $197,467 at 6%.
201511$50,799$50,842$50,842iApproximate average salary by contribution assumption: employee only about $1,271,050 at 4% or $847,367 at 6%; with 50% employer match about $847,367 at 4% or $564,911 at 6%; with 100% employer match about $635,525 at 4% or $423,683 at 6%.
Magma Global Limited 401 K Profit Sharing Plan Trust-1$50,799$50,842$50,842iApproximate average salary by contribution assumption: employee only about $1,271,050 at 4% or $847,367 at 6%; with 50% employer match about $847,367 at 4% or $564,911 at 6%; with 100% employer match about $635,525 at 4% or $423,683 at 6%.