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, Magneto & Diesel Injector Service, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Magneto & Diesel Injector Service, Inc. under EIN 74-1502472 and plan number 001. The latest loaded filing year is 2023. The filing reports 323 participants and $20,195,525 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,195,525
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,195,525
- Net assets (BOY)
- $18,386,537
Income & contributions
- Employer contributions
- $590,748
- Participant contributions
- $1,539,667
- Total contributions
- $2,142,936
- Total income / additions
- $5,029,950
Expenses & distributions
- Benefits paid
- $5,566,980
- Administrative expenses
- $81,039
- Total expenses
- $5,648,019
- Net increase / (decrease)
- -$618,069