Plan5500

Magna International 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, Magna International Of America, Inc. (EIN 98-0095901) is a plan sponsor with 5 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
98-0095901
Location
not reported in the loaded dataset
Loaded plans
5
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Magna International Of America, Inc.

  • 5 loaded plans hold $2.5B in reported assets.
  • The largest, The Magna Group Of Companies Retirement Savings Plans, holds 94% of this company's reported plan assets.
  • Plans cover 107,785 reported participants.
  • 2 of 5 plans report full financial statements.
  • 3 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$2.5BSummed across loaded plans$2,533,517,667
Total reported assets$2.5B$2,533,717,625
Total reported participants107.8K107,785
Total reported liabilities$200K$199,958

Reported net position

Reported assets = net assets + liabilities (summed)$2.5B total assets
Net assets$2.5BLiabilities$200K
Contributions & income
Employer contributions$73.5M
Participant contributions$119.1M
Total income / additions$535.1M
Expenses & distributions
Benefits paid / distributions$258M
Total expenses$262.5M
Net increase / (decrease)$272.6M

Data coverage

Plans with financial statements2 / 5 (40%)
Plans with provider compensation3 / 5 (60%)

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 assets94%The Magna Group Of Companies Retirement Savings Plans
Participants per plan21,557Average across loaded plans
Loaded plans5
Ranked by reported assets

Largest loaded plans

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

  1. 1
    The Magna Group Of Companies Retirement Savings Plans$2.4B
    Plan #002 · 32,119 participants · 2023
  2. 2
    Magna U.S. Consolidated Pension Plan$161.9M
    Plan #005 · 4,054 participants · 2023
  3. 3
    Magna International Of America, Inc. Long Term Disability Plannot reported in the loaded dataset
    Plan #510 · 25,436 participants · 2023
  4. 4
    Magna International Of America, Inc Consolidated Plan 1 Employee Welfare Benefit Plannot reported in the loaded dataset
    Plan #502 · 23,501 participants · 2023
  5. 5
    Magna International Of America, Inc. Life Insurance Plannot reported in the loaded dataset
    Plan #511 · 22,675 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Magna International Of America, Inc.. Open one for its full reported snapshot.

  1. 2023
    Magna International Of America, Inc Consolidated Plan 1 Employee Welfare Benefit Plan23,501 participants · 2Sch C
    View filing →
  2. 2023
    Magna International Of America, Inc. Long Term Disability Plan25,436 participants · 2No schedules
    View filing →
  3. 2023
    Magna International Of America, Inc. Life Insurance Plan22,675 participants · 2No schedules
    View filing →
  4. 2023
    The Magna Group Of Companies Retirement Savings Plans32,119 participants · 2Sch HSch C
    View filing →
  5. 2023
    Magna U.S. Consolidated Pension Plan4,054 participants · 2Sch HSch C
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Magna International Of America, Inc. report on Form 5500?
Magna International Of America, Inc. (EIN 98-0095901) reports 5 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Magna International Of America, Inc.?
The Employer Identification Number (EIN) reported for Magna International Of America, Inc. is 98-0095901.
What is the latest Form 5500 filing year for Magna International Of America, Inc.?
The latest loaded Form 5500 filing year for Magna International Of America, Inc. is 2023.

Related Form 5500 pages