2023 Form 5500 filing — 401(K) Profit Sharing Plan Of Magnetic Analysis Corporation
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 20241009091319NAL0010465347001) for 401(K) Profit Sharing Plan Of Magnetic Analysis Corporation, reported by Magnetic Analysis Corp. under EIN 11-1888380 and plan number 001. It reports 121 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).
- EFAST2 acknowledgement
- 20241009091319NAL0010465347001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Magnetic Analysis Corp.
- EIN
- 11-1888380
- Plan number
- 001
- Location
- Elmsford, NY
- Participants
- 121
- Schedules available
- Schedule H
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $31,454,015
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,454,015
- Employer contributions
- $364,825
- Participant contributions
- $1,027,336
- Total income / additions
- $7,096,502
- Benefits paid
- $4,879,344
- Administrative expenses
- $7,729
- Total expenses
- $4,887,073
- Net increase / (decrease)
- $2,209,429
- Schedule source
- Schedule H