2023 Form 5500 filing — Magnesium Products Of America, Inc. Retirement Savings 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 20240930163557NAL0002769331001) for Magnesium Products Of America, Inc. Retirement Savings Plan, reported by Magnesium Products Of America, Inc. under EIN 38-3088065 and plan number 001. It reports 487 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$28.3MReported net assets$28,293,865

Participants487

Provider compensation$107K3 Schedule C row(s)$107,019

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20240930163557NAL0002769331001
Plan sponsor: Magnesium Products Of America, Inc.
EIN: 38-3088065
Plan number: 001
Location: Eaton Rapids, MI
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 H · 2023

Reported financial snapshot

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

Reported balance (end of year)$28.3M total assets

Net assets$28.3MLiabilities$0

Money in vs. money out

Total income / additions$6.8M

Total expenses$4.3M

Benefits paid / distributions$4.1M

Contributions

Employer$915.5K

Participant$1.5M

Full reported line items

Total assets (EOY): $28,293,865
Total liabilities (EOY): $0
Net assets (EOY): $28,293,865
Employer contributions: $915,475
Participant contributions: $1,519,949
Total income / additions: $6,830,123
Benefits paid: $4,137,974
Administrative expenses: $97,863
Total expenses: $4,297,840
Net increase / (decrease): $2,532,283

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Principal Life Insurance Company$97.9K
CONTRACT ADMINISTRATOR · Direct $97.9K · Indirect $0
2
Riske, Barry A.$9.2K
OTHER SERVICES · Direct $0 · Indirect $9.2K
3
Wilshire Advisors LLC$0
INVESTMENT ADVISORY · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240930163557NAL0002769331001 cover?: It is the 2023 Form 5500 filing for Magnesium Products Of America, Inc. Retirement Savings Plan, reported by Magnesium Products Of America, Inc. (EIN 38-3088065).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).