2023 Form 5500 filing — Magnequench International, Inc. Hourly 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 20241008104550NAL0009562547001) for Magnequench International, Inc. Hourly Pension Plan, reported by Neo Magnequench Distribution, LLC under EIN 81-3516824 and plan number 004. It reports 262 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)$5.7MReported net assets$5,705,372
Participants262
Provider compensation$28.3K1 Schedule C row(s)$28,336
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241008104550NAL0009562547001
- Plan sponsor
- Neo Magnequench Distribution, LLC
- EIN
- 81-3516824
- Plan number
- 004
- Location
- Pendleton, IN
- Received date
- not reported in the loaded dataset
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)$5.7M total assets
Net assets$5.7MLiabilities$0
Full reported line items
- Total assets (EOY)
- $5,705,372
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,705,372
- Employer contributions
- $121,000
- Total income / additions
- $791,039
- Benefits paid
- $451,469
- Administrative expenses
- $28,336
- Total expenses
- $479,805
- Net increase / (decrease)
- $311,234
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Keybank National Association | NONE | $28,336 | $0 |