2023 Form 5500 filing — Magnolia Personnel Group 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 20241015125733NAL0014671507001) for Magnolia Personnel Group 401(K) Plan, reported by Magnolia Personnel Group, LLC under EIN 81-1765241 and plan number 001. It reports 855 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$9.8MReported net assets$9,849,180

Participants855

Provider compensation$43.5K2 Schedule C row(s)$43,474

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241015125733NAL0014671507001
Plan sponsor: Magnolia Personnel Group, LLC
EIN: 81-1765241
Plan number: 001
Location: Woodway, TX
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$9.8M total assets

Net assets$9.8MLiabilities$0

Money in vs. money out

Total income / additions$3.7M

Total expenses$1.3M

Benefits paid / distributions$1.2M

Contributions

Employer$889K

Participant$1.3M

Full reported line items

Total assets (EOY): $9,849,180
Total liabilities (EOY): $0
Net assets (EOY): $9,849,180
Employer contributions: $889,002
Participant contributions: $1,253,259
Total income / additions: $3,680,378
Benefits paid: $1,216,718
Administrative expenses: $44,649
Total expenses: $1,261,367
Net increase / (decrease): $2,419,011

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Empower Annuity Insurance Company$34.5K
RECORDKEEPER · Direct $34.5K · Indirect $0
2
Pattillo, Brown & Hill, Llp$9K
CONTRACT ADMIN · Direct $9K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015125733NAL0014671507001 cover?: It is the 2023 Form 5500 filing for Magnolia Personnel Group 401(K) Plan, reported by Magnolia Personnel Group, LLC (EIN 81-1765241).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).