Certification Rate
100%
2026 data Public-data reference Official source
Magma Capital Management LLC
9 H-1B petitions, 100% certified, $159,444 median salary, FY2024–2026.
Chicago, IL NAICS: 523150
The verdict
Magma Capital Management LLC filed 9 H-1B petitions, more than 85% of U.S. sponsors - certified at 100% with a $159,444 median offered wage.
- 9
- H-1B petitions, FY2024–FY2026
- 100%
- DOL-certified
- $159,444
- median offered wage
- Top 15%
- of sponsors by volume
Based in Chicago, IL. Computed live from U.S. Department of Labor LCA disclosures.
H-1B sponsorship profile: Magma Capital Management LLC. Across U.S. Department of Labor LCA disclosures, Magma Capital Management LLC filed 9 Labor Condition Applications covering 9 H-1B worker positions between fiscal year 2024 and fiscal year 2026. The employer’s DOL certification rate sits at 100% (9 certified of 9 filed), a useful proxy for how cleanly their prevailing-wage attestations pass the Labor Department’s preliminary review before USCIS adjudication.
Compensation spread. Offered wages on Magma Capital Management LLC’s H-1B petitions range from $100,000 at the low end to $185,000 at the high end, with a petition-weighted average of $159,444. That range reflects the mix of occupations the company sponsors, led by Quantitative Researcher (6 petitions at $170,833 avg), followed by Quantitative Developer and Data Engineer. H-1B salaries reported on LCAs must meet or exceed the DOL prevailing wage for the role and worksite, so the spread also tracks wage-level geography and seniority.
Geographic footprint. Magma Capital Management LLC is headquartered in Chicago, IL under NAICS code 523150, and places H-1B workers across 1 state, most heavily in IL. Combined, these signals give a granular view of how one employer uses the H-1B program, volume, approval cleanliness, wage posture, and where the jobs actually sit on the map.
Where Magma Capital Management LLC ranks. By H-1B petition volume, Magma Capital Management LLC is #17,879 of 119,880 employers nationally and #879 of 5,284 employers headquartered in IL. Both ranks are computed live from the same underlying petition counts, not a separate estimate.
Avg. Salary
$159,444
Median Salary
$159,444
Total Workers
9
Compare with another sponsor
Magma Capital Management LLC vs a peer vs the national average, from DOL LCA data.
Avg. offered wage$159,444 · 3% higher than JPMorgan Chase & Co
This sponsor
Peer
$155,291
National avg.
$112,482
Certification rate100.0% · about the same as JPMorgan Chase & Co
This sponsor
Peer
99.6%
National avg.
97.7%
Total petitions9 · 100% lower than JPMorgan Chase & Co
This sponsor
Peer
11,961
National avg.
16
Filing Growth (FY2024 to FY2026) 14.0%
Wondering how long it takes USCIS to process an H-1B petition for this employer?
See current I-129 processing times →
Salary Analysis
Compensation range for H-1B positions at Magma Capital Management LLC
Minimum
$100,000
Maximum
$185,000
Average Salary
$159,444
Wage vs. DOL Minimum
+26.7%
national avg +17.9%
Typical DOL Wage Level
Fully Competent (Level IV)
88.9% of petitions
Full-Time Positions
100%
Primary Worksite County
COOK, IL
88.9% of petitions
Petition History
H-1B filing trends from FY2024 to FY2026
FY2024 7 petitions · 100% certified · $153,571 avg
FY2025 1 petitions · 100% certified · $175,000 avg
FY2026 is partial data (through Q1). Chart shows completed fiscal years only.
| Year | Petitions | Certified | Avg. Salary |
|---|---|---|---|
| FY2024 | 7 | 7 | $153,571 |
| FY2025 | 1 | 1 | $175,000 |
| FY2026(partial) | 1 | 1 | $185,000 |
Top Occupations
Most frequently sponsored job titles at Magma Capital Management LLC
| Job Title | Petitions | Avg. Salary |
|---|---|---|
| Quantitative Researcher | 6 | $170,833 |
| Quantitative Developer | 2 | $155,000 |
| Data Engineer | 1 | $100,000 |
Geographic Distribution
Where Magma Capital Management LLC places H-1B workers across the United States
IL 9 petitions
Recent LCA Petitions
Latest H-1B labor condition applications filed by Magma Capital Management LLC
| Job Title | Location | Salary | Status | Year |
|---|---|---|---|---|
| Quantitative Researcher | Chicago, IL | $185,000 | Certified | FY2026 |
| Quantitative Researcher | Chicago, IL | $175,000 | Certified | FY2025 |
| Quantitative Developer | Chicago, IL | $150,000 | Certified | FY2024 |
| Data Engineer | Chicago, IL | $100,000 | Certified | FY2024 |
| Quantitative Researcher | Chicago, IL | $150,000 | Certified | FY2024 |
| Quantitative Researcher | Chicago, IL | $150,000 | Certified | FY2024 |
| Quantitative Researcher | Chicago, IL | $180,000 | Certified | FY2024 |
| Quantitative Researcher | Chicago, IL | $185,000 | Certified | FY2024 |
| Quantitative Developer | Chicago, IL | $160,000 | Certified | FY2024 |
Similar Employers in IL
Other H-1B sponsors based in IL, ranked by petition volume
JPMorgan Chase & Co
Chicago, IL
11,961 petitions $155,291 avg
Accenture LLP
Chicago, IL
10,798 petitions $128,456 avg
Capgemini America Inc
CHICAGO, IL
10,535 petitions $120,680 avg
DFS Corporate Services LLC
Riverwoods, IL
1,669 petitions $116,473 avg
Northwestern University
Evanston, IL
1,136 petitions $83,250 avg
The University of Chicago
Chicago, IL
1,023 petitions $91,504 avg
Compare Magma Capital Management LLC vs JPMorgan Chase & Co side-by-side →
H-1B Guides
Essential resources for understanding H-1B visa sponsorship
H-1B Visa Process Explained
Step-by-step guide from LCA filing to work authorization
LCA Wage Levels Explained
Understanding prevailing wage levels I through IV
Understanding H-1B Data
How to read and interpret DOL LCA disclosure data
H-1B Salary Calculator
Compare salaries by occupation, state, and wage level
Frequently Asked Questions
How many H-1B petitions has Magma Capital Management LLC filed?
Magma Capital Management LLC has filed 9 H-1B LCA petitions covering 9 worker positions from FY2024 to FY2026.
What is the H-1B approval rate for Magma Capital Management LLC?
Magma Capital Management LLC has a 100% certification rate, with 9 out of 9 petitions certified.
What is the average H-1B salary at Magma Capital Management LLC?
The average H-1B salary at Magma Capital Management LLC is $159,444. Salaries range from $100,000 to $185,000.
What are the most common H-1B job titles at Magma Capital Management LLC?
The top H-1B job titles at Magma Capital Management LLC include Quantitative Researcher, Quantitative Developer, Data Engineer. The most common position is Quantitative Researcher with 6 petitions at an average salary of $170,833.
Where is Magma Capital Management LLC located?
Magma Capital Management LLC is headquartered in Chicago, IL.
Is Magma Capital Management LLC H-1B dependent?
No, Magma Capital Management LLC is not classified as H-1B dependent.
How has Magma Capital Management LLC's H-1B sponsorship changed over time?
Magma Capital Management LLC filed 7 petitions in FY2024 and 1 in FY2026. Average salary increased from $153,571 to $185,000.
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Data Sources
H-1B visa petition data is sourced from the U.S. Department of Labor (DOL) Labor Condition Application (LCA) disclosure files. Data covers fiscal years 2023 through 2026. Salary figures reflect amounts listed on LCA petitions, not actual compensation paid. Certification of an LCA does not guarantee visa approval.
Source: DOL Foreign Labor Performance Data
Source: U.S. Department of Labor, Office of Foreign Labor Certification, LCA Disclosure Data (FY2023–FY2026)
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Labor LCA disclosure files. Consult a qualified professional before making decisions based on this data.
Read our methodology , how this data is sourced, computed, and verified.
Every figure on PlainVisa is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.