2023 Form 5500 filing — Us Magnesium LLC Salaried Pension And 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 20241015173046NAL0015174531001) for Us Magnesium LLC Salaried Pension And 401(K) Plan, reported by Us Magnesium LLC under EIN 01-0705446 and plan number 002. It reports 200 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)$39.9MReported net assets$39,896,231
Participants200
Provider compensation$83.2K3 Schedule C row(s)$83,202
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015173046NAL0015174531001
Plan sponsor
Us Magnesium LLC
EIN
01-0705446
Plan number
002
Location
Salt Lake City, UT
Received date
not reported in the loaded dataset
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)$39.9M total assets
Net assets$39.9MLiabilities$0
Money in vs. money out
Total income / additions$7.1M
Total expenses$4.6M
Benefits paid / distributions$4.6M
Contributions
Employer$1.3M
Participant$1M
Full reported line items
Total assets (EOY)
$39,896,231
Total liabilities (EOY)
$0
Net assets (EOY)
$39,896,231
Employer contributions
$1,341,583
Participant contributions
$1,034,188
Total income / additions
$7,120,204
Benefits paid
$4,557,933
Administrative expenses
$83,122
Total expenses
$4,641,055
Net increase / (decrease)
$2,479,149

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Stancorp Financial GroupNONE$49,920not reported in the loaded dataset
Onedigital Investment Advisors LLCNONE$16,851not reported in the loaded dataset
Resources Investment Advisors, IncNONE$16,431not reported in the loaded dataset

Related Form 5500 pages