Magotteaux, Inc. Asset Accumulation 401(K) Retirement Plan — Form 5500 plan (Magotteaux, Inc.)
Plain-English plan 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, Magotteaux, Inc. Asset Accumulation 401(K) Retirement Plan is a benefit plan reported by Magotteaux, Inc. under EIN 34-1055680 and plan number 002. The latest loaded filing year is 2023. The filing reports 274 participants and $39,757,718 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$39.8MPlan net assets, end of year$39,757,717
Participants274Covered participants reported
Assets / participant$145.1KComputed: assets ÷ participants$145,101 (computed)
Provider compensation$19.6K2 Schedule C provider row(s)$19,588
- Plan sponsor
- Magotteaux, Inc.
- EIN
- 34-1055680
- Plan number
- 002
- Plan type
- 2
- Location
- Franklin, TN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 274 | H, C | 20241002124615NAL0004016595001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$39.8M total assets
Net assets$39.8MLiabilities$1
Full reported line items
Net assets
- Total assets (EOY)
- $39,757,718
- Total liabilities (EOY)
- $1
- Net assets (EOY)
- $39,757,717
- Net assets (BOY)
- $30,334,007
Income & contributions
- Employer contributions
- $795,135
- Participant contributions
- $1,260,789
- Total contributions
- $2,544,233
- Total income / additions
- $10,569,274
Expenses & distributions
- Benefits paid
- $1,126,001
- Administrative expenses
- $19,563
- Total expenses
- $1,145,564
- Net increase / (decrease)
- $9,423,710
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
39%61%
Employer 39%Participant 61%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income11%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $11,325 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $8,263 | $0 | 2023 |