2023 Form 5500 filing — Magic One LLC 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 20250203155102NAL0006875985001) for Magic One LLC 401(K) Plan, reported by Magic One LLC under EIN 20-2697080 and plan number 101. It reports 131 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)$0Reported net assets
Participants131
Provider compensation$9.6K2 Schedule C row(s)$9,584
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20250203155102NAL0006875985001
Plan sponsor
Magic One LLC
EIN
20-2697080
Plan number
101
Location
Charlotte, NC
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.

Money in vs. money out
Total income / additions$25K
Total expenses$297.9K
Benefits paid / distributions$288.3K
Full reported line items
Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Total income / additions
$25,047
Benefits paid
$288,332
Administrative expenses
$9,584
Total expenses
$297,916
Net increase / (decrease)
-$272,869

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Admin. Group, LLC Dba Tag ResourcesRECORD KEEPER$7,972$0
Transamerica Life Ins CoRECORD KEEPER$1,612$0

Related Form 5500 pages