2023 Form 5500 filing — Mavagi Enterprises Retirement 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 20241011115637NAL0043560978001) for Mavagi Enterprises Retirement Plan, reported by Mavagi Enterprises, Inc. under EIN 74-3008826 and plan number 003. It reports 181 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011115637NAL0043560978001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mavagi Enterprises, Inc.
- EIN
- 74-3008826
- Plan number
- 003
- Location
- Austin, TX
- Participants
- 181
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $934,969
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $934,969
- Employer contributions
- $216,084
- Participant contributions
- $0
- Total income / additions
- $355,145
- Benefits paid
- $173,259
- Administrative expenses
- $25,594
- Total expenses
- $198,853
- Net increase / (decrease)
- $156,292
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Boon Administrative Services Inc | CONTRACT ADMIN | $13,635 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $9,836 | $0 |
| Kestra Investment Services LLC | INVESTMENT ADVISOR | $2,077 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $46 | not reported in the loaded dataset |