2023 Form 5500 filing — Chicago Magnesium Casting Co. 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 20241014144037NAL0026439201001) for Chicago Magnesium Casting Co. 401(K) Plan, reported by Chicago Magnesium Casting Co. under EIN 36-2931963 and plan number 001. It reports 180 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014144037NAL0026439201001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Chicago Magnesium Casting Co.
- EIN
- 36-2931963
- Plan number
- 001
- Location
- Blue Island, IL
- Participants
- 180
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,415,404
- Total liabilities (EOY)
- $8,672
- Net assets (EOY)
- $3,406,732
- Employer contributions
- $139,463
- Participant contributions
- $463,469
- Total income / additions
- $1,152,045
- Benefits paid
- $474,327
- Administrative expenses
- $41,113
- Total expenses
- $515,440
- Net increase / (decrease)
- $636,605
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $23,350 | $0 |
| Wipfli Llp | ACCOUNTANT/AUDITOR | $12,000 | not reported in the loaded dataset |
| Old National Bank | ADVISOR | $5,659 | not reported in the loaded dataset |