2023 Form 5500 filing — Mag Ds Corp. 401k Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240710125640NAL0024051104001) for Mag Ds Corp. 401k Plan, reported by Mag Ds Corp. under EIN 80-0452944 and plan number 001. It reports 1,696 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240710125640NAL0024051104001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mag Ds Corp.
- EIN
- 80-0452944
- Plan number
- 001
- Location
- Fairfax, VA
- Participants
- 1,696
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $106,132,769
- Net assets (EOY)
- $106,132,769
- Employer contributions
- $3,562,778
- Participant contributions
- $8,507,444
- Total income / additions
- $31,139,292
- Benefits paid
- $17,102,353
- Administrative expenses
- $209,830
- Total expenses
- $17,314,222
- Net increase / (decrease)
- $13,825,070
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwab Retirement Plan Services,Inc | NONE | $149,382 | not reported in the loaded dataset |
| The Capital Group Investment A | NONE | $60,450 | not reported in the loaded dataset |
| Charles Schwab & Co.,Inc. | NONE | $137 | $0 |