Magic City Enterprises 401(k) match, vesting and fees
What Magic City Enterprises' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Mutual of America Investment Corp | Schedule C ↗ |
| Independent auditor | Jds Professional Group (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 61,199 defined-contribution plans in other services with fewer than 100 participants.
| Magic City Enterprises: employer contribution per participant | $102 | |
| Peer median | $1,427 |
| Magic City Enterprises: average balance | $6,146 | |
| Peer median | $25,769 |
| Magic City Enterprises: admin expenses ÷ assets | 0.13% | |
| Peer median | 0.48% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $422K at the end of plan year 2021 to $584K at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 95 | $584K | $9,736 | $102 | 0.13% | Not published | Form 5500 ↗ |
| 2023 | 105 | $558K | $11K | $104 | 0.17% | Not published | Form 5500 ↗ |
| 2022 | 116 | $476K | $8,677 | $80 | 0.10% | Not published | Form 5500 ↗ |
| 2021 | 116 | $422K | $7,404 | $67 | 0.14% | Not published | Form 5500 ↗ |
Common questions
Does Magic City Enterprises match 401(k) contributions?
The match terms for the 403(b) Thrift Plan for Employees of Magic City Enterprises have not been published from its filing yet. The plan year 2024 filing reports $9,736 in employer contributions, about $102 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Magic City Enterprises 401(k) match vested?
The vesting schedule for the 403(b) Thrift Plan for Employees of Magic City Enterprises is not in the data published so far. Your Summary Plan Description states it.
Who manages the Magic City Enterprises 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Mutual of America Investment Corp. The plan administrator is Magic City Enterprises.
I left Magic City Enterprises. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Magic City Enterprises, (307) 637-8869) or the recordkeeper, Mutual of America Investment Corp. The Magic City Enterprises old 401(k) page lists the contacts from every plan filing. Find an old Magic City Enterprises 401(k)
Data from the public Form 5500 annual reports Magic City Enterprises filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Magic City Enterprises. Not financial advice. Report a correction · Methodology