2023 Form 5500 filing — Magnum Construction Management 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241001054037NAL0003793907001) for Magnum Construction Management 401(K) Plan, reported by Magnum Construction Management under EIN 59-2373403 and plan number 001. It reports 159 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001054037NAL0003793907001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Magnum Construction Management
- EIN
- 59-2373403
- Plan number
- 001
- Location
- South Miami, FL
- Participants
- 159
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,532,054
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,532,054
- Employer contributions
- $181,909
- Participant contributions
- $297,476
- Total income / additions
- $1,252,671
- Benefits paid
- $2,033,080
- Administrative expenses
- $41,822
- Total expenses
- $2,078,104
- Net increase / (decrease)
- -$825,433
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Hornor, Townsend & Kent, LLC | INVESTMENT/FINANCIAL ADVI | $22,074 | $0 |
| Adp, Inc. | RECORD KEEPER | $16,034 | $0 |
| H&Co Llp | ACCOUNTANT | $14,750 | $0 |
| Td Ameritrade, Inc. | SECURITES BROKER | $75 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |