2023 Form 5500 filing — Magan, Inc. Defined Benefit Pension 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 20240916141221NAL0001089571001) for Magan, Inc. Defined Benefit Pension Plan, reported by Magan, Inc. under EIN 43-2037211 and plan number 001. It reports 4 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$552.3KReported net assets$552,323
Participants4
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240916141221NAL0001089571001
Plan sponsor
Magan, Inc.
EIN
43-2037211
Plan number
001
Location
Los Angeles, 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)$552.3K total assets
Net assets$552.3KLiabilities$0
Money in vs. money out
Total income / additions$66.1K
Total expenses$53.6K
Benefits paid / distributions$49.1K
Contributions
Employer$50K
Participant$0
Full reported line items
Total assets (EOY)
$552,323
Total liabilities (EOY)
$0
Net assets (EOY)
$552,323
Employer contributions
$50,000
Participant contributions
$0
Total income / additions
$66,136
Benefits paid
$49,064
Administrative expenses
$4,125
Total expenses
$53,640
Net increase / (decrease)
$12,496

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240916141221NAL0001089571001 cover?
It is the 2023 Form 5500 filing for Magan, Inc. Defined Benefit Pension Plan, reported by Magan, Inc. (EIN 43-2037211).
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