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, Mag Ds Corp. 401k Plan is a benefit plan reported by Mag Ds Corp. under EIN 80-0452944 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,696 participants and $106,132,769 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $106,132,769
- Net assets (EOY)
- $106,132,769
- Net assets (BOY)
- $92,307,699
Income & contributions
- Employer contributions
- $3,562,778
- Participant contributions
- $8,507,444
- Total contributions
- $14,585,536
- Total income / additions
- $31,139,292
Expenses & distributions
- Benefits paid
- $17,102,353
- Administrative expenses
- $209,830
- Total expenses
- $17,314,222
- Net increase / (decrease)
- $13,825,070