My Nest Egg 401(K) Plan — Form 5500 plan (Magna Hospitality Group, L.C.)
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, My Nest Egg 401(K) Plan is a benefit plan reported by Magna Hospitality Group, L.C. under EIN 65-0846862 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,131 participants and $20,027,056 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Magna Hospitality Group, L.C.
- EIN
- 65-0846862
- Plan number
- 001
- Plan type
- 2
- Location
- Warwick, RI
- Latest filing year
- 2023
- Participants
- 2,131
- End-of-year plan assets
- $20,027,056
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,131 | H, C | 20241015131909NAL0014705603001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,027,056
- Total liabilities (EOY)
- $249,148
- Net assets (EOY)
- $19,777,908
- Net assets (BOY)
- $13,574,708
Income & contributions
- Employer contributions
- $755,552
- Participant contributions
- $3,563,759
- Total contributions
- $5,483,395
- Total income / additions
- $7,682,029
Expenses & distributions
- Benefits paid
- $1,323,815
- Administrative expenses
- $153,996
- Total expenses
- $1,478,829
- Net increase / (decrease)
- $6,203,200
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $80,374 | $0 | 2023 |
| The Angell Pension Group,Inc. | CONTRACT ADMINISTRATOR | $29,508 | $18,986 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $38,444 | $80 | 2023 |
| Clifton Larson Allen Llp | ACCOUNTANT | $5,670 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Magna Hospitality Group, L.C.
- 2023 Form 5500 filing
- Form 5500 filings in RI
- 401(k) and benefit plan filings in Warwick, RI
- Principal Life Insurance Company — Schedule C compensation
- The Angell Pension Group,Inc. — Schedule C compensation
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Clifton Larson Allen Llp — Schedule C compensation