Magnum Engineering And Controls 401(K) Plan — Form 5500 plan (Magnum Engineering And Controls)
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, Magnum Engineering And Controls 401(K) Plan is a benefit plan reported by Magnum Engineering And Controls under EIN 74-2953381 and plan number 001. The latest loaded filing year is 2023. The filing reports 218 participants and $9,978,483 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Magnum Engineering And Controls
- EIN
- 74-2953381
- Plan number
- 001
- Plan type
- 2
- Location
- Houston, TX
- Latest filing year
- 2023
- Participants
- 218
- End-of-year plan assets
- $9,978,483
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 218 | H, C | 20240815123140NAL0028164578001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,978,483
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,978,483
- Net assets (BOY)
- $8,386,096
Income & contributions
- Participant contributions
- $877,950
- Total contributions
- $1,552,371
- Total income / additions
- $3,148,877
Expenses & distributions
- Benefits paid
- $1,380,555
- Administrative expenses
- $83,917
- Total expenses
- $1,556,490
- Net increase / (decrease)
- $1,592,387
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | CUSTODIAN | $75,416 | not reported in the loaded dataset | 2023 |
| Lpl Financial | ADVISOR | $0 | $43,521 | 2023 |
| Inwest Retirement Solutions | TPA | $8,500 | not reported in the loaded dataset | 2023 |