Magic City Implement, Inc. 401k Profit Sharing Plan

Wealthminder's Take

Magic City Implement, Inc. 401k Profit Sharing Plan at Magic City Implement Inc. in the Manufacturing industry has an unknown number of investment options, and a total of $1,983,923.00 in assets. With 31 participants, the Magic City Implement, Inc. 401k Profit Sharing Plan has an average balance per participant of $63,997.52.

Plan Ratings
Compared to other Manufacturing plans
Wealthminder Rating
4
48
Your Plan
90

The Wealthminder rating is a quantitative scoring of 401k plans based on information submitted in regulatory filing documents. The rating was developed by Wealthminder and benchmarks a company's 401k plan against other plans in its industry peer group.

Wealthminder designed the rating to help employees to evaluate the relative quality of their employer's 401k plan, as well as for administrators to identify areas where they can make improvements.

Component Rating
Score
Total Plan Cost
8
Company Match Level
65
Employee Participation Rate
65
Employee Contribution Level
63
Average Balance Size
68
Magic City Implement Inc. Details
Address
Po Box 105
Minot, ND 58702
Telephone
701-838-8884
Total Assets
$1,983,923.00
Filing Year
2,015
Plan Type
Single Employer
Total Participants
31
Plan Investment Options
This information is not available for this plan
Service Providers
This information is not available for this plan
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