2023 Form 5500 filing — Magneto & Diesel Injector Service, Inc. 401(K) Profit Sharing 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 20241014155033NAL0015242867001) for Magneto & Diesel Injector Service, Inc. 401(K) Profit Sharing Plan, reported by Magneto & Diesel Injector Service, Inc. under EIN 74-1502472 and plan number 001. It reports 323 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014155033NAL0015242867001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Magneto & Diesel Injector Service, Inc.
- EIN
- 74-1502472
- Plan number
- 001
- Location
- Humble, TX
- Participants
- 323
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,195,525
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,195,525
- Employer contributions
- $590,748
- Participant contributions
- $1,539,667
- Total income / additions
- $5,029,950
- Benefits paid
- $5,566,980
- Administrative expenses
- $81,039
- Total expenses
- $5,648,019
- Net increase / (decrease)
- -$618,069
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Bok Financial Asset Mgmt, Inc. | TPA | $73,872 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | CUSTODIAN | $7,167 | $0 |