Magnolia Foods Retirement Plan — Form 5500 plan (Magnolia Foods LLC)
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, Magnolia Foods Retirement Plan is a benefit plan reported by Magnolia Foods LLC under EIN 45-2808119 and plan number 001. The latest loaded filing year is 2023. The filing reports 232 participants and $2,763,027 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Magnolia Foods LLC
- EIN
- 45-2808119
- Plan number
- 001
- Plan type
- 2
- Location
- Mira Loma, CA
- Latest filing year
- 2023
- Participants
- 232
- End-of-year plan assets
- $2,763,027
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 232 | H, C | 20240731051704NAL0014043891001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,763,027
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,763,027
- Net assets (BOY)
- $1,896,515
Income & contributions
- Employer contributions
- $264,755
- Participant contributions
- $518,300
- Total contributions
- $797,146
- Total income / additions
- $1,143,625
Expenses & distributions
- Benefits paid
- $251,287
- Administrative expenses
- $14,351
- Total expenses
- $277,113
- Net increase / (decrease)
- $866,512
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial | INVESTMENT/FINANCIAL ADVI | $10,509 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $3,841 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |