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 Capital Management Company, Inc. 401(K) Plan is a benefit plan reported by Magnolia Capital Management Company, Inc. under EIN 81-3604920 and plan number 001. The latest loaded filing year is 2023. The filing reports 190 participants and $4,627,759 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,627,759
- Total liabilities (EOY)
- $1,482
- Net assets (EOY)
- $4,626,277
- Net assets (BOY)
- $3,898,948
Income & contributions
- Employer contributions
- $340,602
- Participant contributions
- $631,088
- Total contributions
- $1,037,445
- Total income / additions
- $1,749,249
Expenses & distributions
- Benefits paid
- $989,565
- Administrative expenses
- $32,355
- Total expenses
- $1,021,920
- Net increase / (decrease)
- $727,329