2023 Form 5500 filing — Magnetek Flexcare Plus Retirement Pension 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 20241008101809NAL0009537091005) for Magnetek Flexcare Plus Retirement Pension Plan, reported by Magnetek, Inc. under EIN 95-3917584 and plan number 002. It reports 4,296 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008101809NAL0009537091005
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Magnetek, Inc.
- EIN
- 95-3917584
- Plan number
- 002
- Location
- Getzville, NY
- Participants
- 4,296
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $100,492,517
- Total liabilities (EOY)
- $107,973
- Net assets (EOY)
- $100,384,544
- Employer contributions
- $3,000,000
- Total income / additions
- $10,729,303
- Benefits paid
- $9,637,040
- Administrative expenses
- $1,295,347
- Total expenses
- $10,932,387
- Net increase / (decrease)
- -$203,084
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Sei Investments Company | NONE | $443,774 | $0 |
| Willis Towers Watson Us LLC | NONE | $57,500 | not reported in the loaded dataset |