Magni-Power Company

Ohio
Registered In
04/27/1953
Incorp. Date

Company Summary

Magni-Power Company in Ohio lists Arthur W Moore and Virginia Stara as associates.

Registered In
Ohio
Incorporation Date
Registration Type
Domestic
Company Type
Corporation for Profit
Status
A
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Jeffrey D Musselman Registered Agent
140 W LIBERTY ST, WOOSTER, OH 44691
Arthur W Moore
Virginia Stara
David A Taggart

Financial Information for Magni-Power Company

Form 5500

MAGNI-POWER COMPANY

P.O. Box 226, Wooster, Oh 44691 (330) 264-3637 EIN:34-0754779 Plan Admin:Scott Hall
Year Plan Name Participants BOY/EOY Assets BOY/EOY
2023 Plan NameMAGNI-POWER/MAGNI-FAB STAFF 401(K) PLAN Plan #005 Participants BOY/EOY38 / 36 Assets BOY/EOY$2,296,421 / $2,478,408 2023 MAGNI-POWER/MAGNI-FAB STAFF 401(K) PLAN - Plan #005 38 / 36 $2,296,421 / $2,478,408
2023 Plan NameMAGNI-POWER MANUFACTURING EMPLOYEES' 401(K) PLAN Plan #003 Participants BOY/EOY47 / 45 Assets BOY/EOY$146,363 / $176,561 2023 MAGNI-POWER MANUFACTURING EMPLOYEES' 401(K) PLAN - Plan #003 47 / 45 $146,363 / $176,561
2022 Plan NameMAGNI-POWER/MAGNI-FAB STAFF 401(K) PLAN Plan #005 Participants BOY/EOY47 / 37 Assets BOY/EOY$2,877,912 / $2,296,421 2022 MAGNI-POWER/MAGNI-FAB STAFF 401(K) PLAN - Plan #005 47 / 37 $2,877,912 / $2,296,421
2022 Plan NameMAGNI-POWER MANUFACTURING EMPLOYEES' 401(K) PLAN Plan #003 Participants BOY/EOY53 / 45 Assets BOY/EOY$153,405 / $146,363 2022 MAGNI-POWER MANUFACTURING EMPLOYEES' 401(K) PLAN - Plan #003 53 / 45 $153,405 / $146,363
2021 Plan NameMAGNI-POWER/MAGNI-FAB STAFF 401(K) PLAN Plan #005 Participants BOY/EOY46 / 46 Assets BOY/EOY$2,470,630 / $2,877,912 2021 MAGNI-POWER/MAGNI-FAB STAFF 401(K) PLAN - Plan #005 46 / 46 $2,470,630 / $2,877,912
2021 Plan NameMAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN Plan #002 Participants BOY/EOY33 / 32 Assets BOY/EOY$2,525,314 / $1,997,833 2021 MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN - Plan #002 33 / 32 $2,525,314 / $1,997,833
2021 Plan NameMAGNI-POWER COMPANY EMPLOYEES PENSION PLAN Plan #001 Participants BOY/EOY66 / 60 Assets BOY/EOY$1,768,901 / $1,416,490 2021 MAGNI-POWER COMPANY EMPLOYEES PENSION PLAN - Plan #001 66 / 60 $1,768,901 / $1,416,490
2021 Plan NameMAGNI-POWER MANUFACTURING EMPLOYEES' 401(K) PLAN Plan #003 Participants BOY/EOY61 / 52 Assets BOY/EOY$325,496 / $153,405 2021 MAGNI-POWER MANUFACTURING EMPLOYEES' 401(K) PLAN - Plan #003 61 / 52 $325,496 / $153,405
2020 Plan NameMAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN Plan #002 Participants BOY/EOY35 / 33 Assets BOY/EOY$2,518,805 / $2,525,314 2020 MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN - Plan #002 35 / 33 $2,518,805 / $2,525,314
2020 Plan NameMAGNI-POWER/MAGNI-FAB STAFF 401(K) PLAN Plan #005 Participants BOY/EOY50 / 46 Assets BOY/EOY$2,007,249 / $2,470,630 2020 MAGNI-POWER/MAGNI-FAB STAFF 401(K) PLAN - Plan #005 50 / 46 $2,007,249 / $2,470,630
2020 Plan NameMAGNI-POWER COMPANY EMPLOYEES PENSION PLAN Plan #001 Participants BOY/EOY73 / 66 Assets BOY/EOY$2,068,514 / $1,768,901 2020 MAGNI-POWER COMPANY EMPLOYEES PENSION PLAN - Plan #001 73 / 66 $2,068,514 / $1,768,901
2020 Plan NameMAGNI-POWER MANUFACTURING EMPLOYEES' 401(K) PLAN Plan #003 Participants BOY/EOY73 / 61 Assets BOY/EOY$287,621 / $325,496 2020 MAGNI-POWER MANUFACTURING EMPLOYEES' 401(K) PLAN - Plan #003 73 / 61 $287,621 / $325,496
2019 Plan NameMAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN Plan #002 Participants BOY/EOY34 / 30 Assets BOY/EOY$2,322,267 / $2,518,805 2019 MAGNI-POWER COMPANY SALARIED EMPLOYEES PENSION PLAN - Plan #002 34 / 30 $2,322,267 / $2,518,805
2019 Plan NameMAGNI-POWER COMPANY EMPLOYEES PENSION PLAN Plan #001 Participants BOY/EOY81 / 73 Assets BOY/EOY$2,189,266 / $2,068,514 2019 MAGNI-POWER COMPANY EMPLOYEES PENSION PLAN - Plan #001 81 / 73 $2,189,266 / $2,068,514
2019 Plan NameMAGNI-POWER/MAGNI-FAB STAFF 401(K) PLAN Plan #005 Participants BOY/EOY66 / 49 Assets BOY/EOY$1,789,851 / $2,007,249 2019 MAGNI-POWER/MAGNI-FAB STAFF 401(K) PLAN - Plan #005 66 / 49 $1,789,851 / $2,007,249
2019 Plan NameMAGNI-POWER MANUFACTURING EMPLOYEES' 401(K) PLAN Plan #003 Participants BOY/EOY66 / 72 Assets BOY/EOY$251,306 / $287,621 2019 MAGNI-POWER MANUFACTURING EMPLOYEES' 401(K) PLAN - Plan #003 66 / 72 $251,306 / $287,621
Benefit & Retirement Plans based on Form 5500.
PPP Loans

MAGNI-POWER COMPANY

5511 E Lincoln Way, Wooster, OH 44691-8607 Industry:All Other Miscellaneous Fabricated Metal Product Manufacturing
Loan Date Approved Forgiven Lender Jobs
01/19/2021 Approved$1,097,300 Forgiven$1,103,012 LenderWayne Savings Community Bank Jobs99 01/19/2021 $1,097,300 $1,103,012 Wayne Savings Community Bank 99
04/27/2020 Approved$1,097,300 Forgiven$1,104,996 LenderWayne Savings Community Bank Jobs104 04/27/2020 $1,097,300 $1,104,996 Wayne Savings Community Bank 104
PPP Loans based on Paycheck Protection Program.
Person/City Match:Jeffrey D Musselman - Wooster, OH
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The following government agencies have contributed data:

Ohio Secretary of State U.S. Department of Labor U.S. Small Business Administration
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