Magnum Plastics Inc Salary

Magnum Plastics Inc Salary

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As of August 2026, the average annual salary for employees at Magnum Plastics Inc in the United States is $93,402. This translates to an approximate hourly wage of $45. Salaries at Magnum Plastics Inc typically range from $82,243 to $105,453 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magnum Plastics Inc

Ready for your next career move? Explore current job openings at Magnum Plastics Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Magnum Plastics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magnum Plastics Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Pittsburgh Plastics Manufacturing Inc $90,143
-3.5%
Typical compensation structure for smaller regional agencies like Pittsburgh Plastics Manufacturing Inc.
Pres-Tek Plastics Inc $99,003
+6.0%
Reflects structural premiums typical of Pres-Tek Plastics Inc's large-cap national operations.
Elite Mold & Engineering Inc $92,105
-1.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
MCP USA Inc $93,118
-0.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $121,746
+30.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Magnum Plastics Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Magnum Plastics Inc. Click a company name to learn more.

Employee Reviews: Working at Magnum Plastics Inc

Considering a career at Magnum Plastics Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Quality control ensures defect-free products consistently. It feels like being part of a family, not just a workforce. The environment is professional but may lack vibrancy or creativity. Adequate for stability, less ideal for growth. I truly enjoy the problem-solving aspects of my role here.
Commented in February 27, 2025
25
0
Cross-training opportunities help keep the job interesting and develop new skills. Equipment functions well most of the time. It’s a great balance of professionalism, teamwork, and innovation throughout.
Commented in October 29, 2024
41
3
Highly recommended environment. You’re encouraged to ask questions and take initiative. What impresses me most is how the company invests in employee development - from technical certifications to leadership training programs. The team delivers exceptional quality in every batch produced. Benefits are decent, including health insurance and retirement plans. Management is also very understanding an...
Commented in September 02, 2024
45
0
The sheer diversity of manufacturing processes and products at keeps every day interesting. The hours are predictable, and the pay is fair for the work. The company provides job stability and routine benefits but faces challenges with communication and collaboration between departments.
Commented in February 24, 2024
32
1

Magnum Plastics Inc Overview

Website
www.relucentplastics.com
Founded In
1993
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
425 Bonnell Ave Erie Colorado CO 80516
Revenue
$10 Million - $50 Million
Phone Number
+1 3038283156
Social Media
About Magnum Plastics Inc
Magnum Plastics, Inc. is a complete contract manufacturing company specializing in complex, high precision injection molded components and assemblies in the medical component field. Dave Miller founded Magnum Plastics in 1993 with the concept to supply high quality low tolerance injection molded tools and products for the medical industry. With more than 40 years experience in injection molding, h

What Benefits Does Magnum Plastics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnum Plastics Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Denver?

Understanding the cost of living near Denver is key to truly evaluating a salary offer or your current compensation at Magnum Plastics Inc.
Denver's Cost of Living Index is approximately 112.1 (12.1% more expensive than US average; 6.5% more than CO average). Housing costs are the primary driver above US average, high demand, vibrant city. Light Rail/Bus (RTD). When planning your budget based on a salary from Magnum Plastics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Magnum Plastics Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $114 (RTD monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,044 - $4,694+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnum Plastics Inc

1. How much does Magnum Plastics Inc in the United States pay?

Magnum Plastics Inc pays its employees an average of $93,402 per year. The average salary at Magnum Plastics Inc range from $82,243 to $105,453 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Magnum Plastics Inc employees get a higher salary than its peer company?

The salary at Magnum Plastics Inc is higher than its peer company. The average annual salary at Magnum Plastics Inc is $93,402, or an hourly wage of $45, in comparison to Pittsburgh Plastics Manufacturing Inc which pays $90,143 per year or $43 per hour.

3. What are the highest paying jobs at Magnum Plastics Inc?

The higher-paying job at Magnum Plastics Inc, according to our data, include Chief Financial Officer (avg. $376,950 per year), Vice President, Operations (avg. $275,122 per year), and Director, Sales (avg. $171,245 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Magnum Plastics Inc?

Salary progression with years of experience at Magnum Plastics Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Magnum Plastics Inc vary by office location?

Yes, it's very likely that salaries at Magnum Plastics Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Denver section provides more context.

6. Does Magnum Plastics Inc offer good benefits?

Magnum Plastics Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Magnum Plastics Inc" section on this page.

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