2023 Form 5500 filing — My Nest Egg 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 20241015131909NAL0014705603001) for My Nest Egg 401(K) Plan, reported by Magna Hospitality Group, L.C. under EIN 65-0846862 and plan number 001. It reports 2,131 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015131909NAL0014705603001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Magna Hospitality Group, L.C.
- EIN
- 65-0846862
- Plan number
- 001
- Location
- Warwick, RI
- Participants
- 2,131
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,027,056
- Total liabilities (EOY)
- $249,148
- Net assets (EOY)
- $19,777,908
- Employer contributions
- $755,552
- Participant contributions
- $3,563,759
- Total income / additions
- $7,682,029
- Benefits paid
- $1,323,815
- Administrative expenses
- $153,996
- Total expenses
- $1,478,829
- Net increase / (decrease)
- $6,203,200
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $80,374 | $0 |
| The Angell Pension Group,Inc. | CONTRACT ADMINISTRATOR | $29,508 | $18,986 |
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $38,444 | $80 |
| Clifton Larson Allen Llp | ACCOUNTANT | $5,670 | not reported in the loaded dataset |