Plan5500

Magnet Schultz Of America, Inc. — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Magnet Schultz Of America, Inc. (EIN 36-3703046) is a plan sponsor located in Westmont, IL with 1 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
36-3703046
Location
Westmont, IL
Loaded plans
2
Latest filing year
2023
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$7.8MSummed across loaded plans$7,847,916
Total reported assets$7.8M$7,847,916
Total reported participants290
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$7.8M total assets
Net assets$7.8MLiabilities$0
Contributions & income
Employer contributions$227K
Participant contributions$541.1K
Total income / additions$1.8M
Expenses & distributions
Benefits paid / distributions$862.3K
Total expenses$903.2K
Net increase / (decrease)$898.2K

Data coverage

Plans with financial statements1 / 2 (50%)
Plans with provider compensation1 / 2 (50%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%Magnet-Schultz Of America, Inc. 401(K) Plan
Participants per plan145Average across loaded plans
Loaded plans2
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Magnet-Schultz Of America, Inc. 401(K) Plan$7.8M
    Plan #001 · 156 participants · 2023
  2. 2
    Magnet-Schultz Of America, Inc. Life And Disability Plannot reported in the loaded dataset
    Plan #501 · 134 participants · 2023

Search all 2 loaded plans for this company →

Latest loaded filings

Most recent loaded Form 5500 filings for Magnet Schultz Of America, Inc.
YearPlanParticipantsSchedulesFiling
2023Magnet-Schultz Of America, Inc. Life And Disability Plan134—20240716144503NAL0001870723001
2023Magnet-Schultz Of America, Inc. 401(K) Plan156H, C20241011104025NAL0036685744001

Related Form 5500 pages