2023 Form 5500 filing — Us Magnesium LLC Hourly 401(K) 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 20241015174415NAL0057528450001) for Us Magnesium LLC Hourly 401(K) Plan, reported by Us Magnesium LLC under EIN 01-0705446 and plan number 004. It reports 358 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)$8.3MReported net assets$8,337,248
Participants358
Provider compensation$52.6K3 Schedule C row(s)$52,569
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015174415NAL0057528450001
- Plan sponsor
- Us Magnesium LLC
- EIN
- 01-0705446
- Plan number
- 004
- Location
- Salt Lake City, UT
- 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)$8.3M total assets
Net assets$8.3MLiabilities$0
Full reported line items
- Total assets (EOY)
- $8,337,248
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,337,248
- Employer contributions
- $141,267
- Participant contributions
- $873,194
- Total income / additions
- $2,137,826
- Benefits paid
- $2,287,247
- Administrative expenses
- $52,569
- Total expenses
- $2,339,816
- Net increase / (decrease)
- -$201,990
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Stancorp Financial Group | NONE | $45,158 | not reported in the loaded dataset |
| Resources Investment Advisors, Inc | NONE | $3,763 | not reported in the loaded dataset |
| Onedigital Investment Advisors LLC | NONE | $3,648 | not reported in the loaded dataset |