The Employee Stock Ownership Plan Of American Magnetics Corporation — Form 5500 plan (American Magnetics Corporation)

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, The Employee Stock Ownership Plan Of American Magnetics Corporation is a benefit plan reported by American Magnetics Corporation under EIN 37-0805976 and plan number 002. The latest loaded filing year is 2023. The filing reports 15 participants and $2,390,187 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.4MPlan net assets, end of year$2,390,187
Participants15Covered participants reported
Assets / participant$159.3KComputed: assets ÷ participants$159,346 (computed)
Provider compensationNone reported
Plan sponsor
American Magnetics Corporation
EIN
37-0805976
Plan number
002
Plan type
2
Location
Carterville, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202315I20241213165044NAL0028720370001
Schedule I · 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)$2.4M total assets
Net assets$2.4MLiabilities
Money in vs. money out
Total income / additions$447.1K
Total expenses$154.6K
Benefits paid / distributions$154.6K
Full reported line items

Net assets

Total assets (EOY)
$2,390,187
Net assets (EOY)
$2,390,187
Net assets (BOY)
$2,097,747

Income & contributions

Total income / additions
$447,053

Expenses & distributions

Benefits paid
$154,613
Total expenses
$154,613
Net increase / (decrease)
$292,440
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.

Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income35%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages