2023 Form 5500 filing — Mga Research Corporation 401(K) Retirement 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 20250813062116NAL0004727155001) for Mga Research Corporation 401(K) Retirement Plan, reported by Mga Research Corporation under EIN 16-1079005 and plan number 001. It reports 236 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250813062116NAL0004727155001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mga Research Corporation
- EIN
- 16-1079005
- Plan number
- 001
- Location
- Akron, NY
- Participants
- 236
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $41,445,532
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,445,532
- Employer contributions
- $695,985
- Participant contributions
- $986,517
- Total income / additions
- $10,871,769
- Benefits paid
- $2,596,849
- Administrative expenses
- $129,823
- Total expenses
- $2,726,672
- Net increase / (decrease)
- $8,145,097
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $130,092 | $0 |
| Mml Investor Services, LLC | INVESTMENT AD VISORY | $0 | $76,018 |
| Rimkus, Marciano & Associates, Inc. | OTHER SERVICES | $0 | $10,078 |