2023 Form 5500 filing — Magnequench International, Inc. Hourly 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 20241008104550NAL0009562547001) for Magnequench International, Inc. Hourly Pension Plan, reported by Neo Magnequench Distribution, LLC under EIN 81-3516824 and plan number 004. It reports 262 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008104550NAL0009562547001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Neo Magnequench Distribution, LLC
- EIN
- 81-3516824
- Plan number
- 004
- Location
- Pendleton, IN
- Participants
- 262
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,705,372
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,705,372
- Employer contributions
- $121,000
- Total income / additions
- $791,039
- Benefits paid
- $451,469
- Administrative expenses
- $28,336
- Total expenses
- $479,805
- Net increase / (decrease)
- $311,234
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Keybank National Association | NONE | $28,336 | $0 |