2023 Form 5500 filing — Magic Johnson Entertainment, Inc. 401(K) Profit Sharing 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 20240816143507NAL0030670274001) for Magic Johnson Entertainment, Inc. 401(K) Profit Sharing Plan, reported by Magic Johnson Entertainment, Inc. under EIN 95-4671679 and plan number 001. It reports 16 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$6.4MReported net assets$6,367,173
Participants16
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240816143507NAL0030670274001
Plan sponsor
Magic Johnson Entertainment, Inc.
EIN
95-4671679
Plan number
001
Location
Beverly Hills, CA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$6.4M total assets
Net assets$6.4MLiabilities$0
Money in vs. money out
Total income / additions$1.4M
Total expenses$98.3K
Benefits paid / distributions$45K
Contributions
Employer$161.3K
Participant$292.1K
Full reported line items
Total assets (EOY)
$6,367,173
Total liabilities (EOY)
$0
Net assets (EOY)
$6,367,173
Employer contributions
$161,318
Participant contributions
$292,058
Total income / additions
$1,369,111
Benefits paid
$44,999
Administrative expenses
$34,353
Total expenses
$98,309
Net increase / (decrease)
$1,270,802

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240816143507NAL0030670274001 cover?
It is the 2023 Form 5500 filing for Magic Johnson Entertainment, Inc. 401(K) Profit Sharing Plan, reported by Magic Johnson Entertainment, Inc. (EIN 95-4671679).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages