401(K) Profit Sharing Plan Of Magnetic Analysis Corporation — Form 5500 plan (Magnetic Analysis Corp.)
Plain-English plan 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, 401(K) Profit Sharing Plan Of Magnetic Analysis Corporation is a benefit plan reported by Magnetic Analysis Corp. under EIN 11-1888380 and plan number 001. The latest loaded filing year is 2023. The filing reports 121 participants and $31,454,015 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Magnetic Analysis Corp.
- EIN
- 11-1888380
- Plan number
- 001
- Plan type
- 2
- Location
- Elmsford, NY
- Latest filing year
- 2023
- Participants
- 121
- End-of-year plan assets
- $31,454,015
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 121 | H | 20241009091319NAL0010465347001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $31,454,015
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,454,015
- Net assets (BOY)
- $29,244,586
Income & contributions
- Employer contributions
- $364,825
- Participant contributions
- $1,027,336
- Total contributions
- $1,392,161
- Total income / additions
- $7,096,502
Expenses & distributions
- Benefits paid
- $4,879,344
- Administrative expenses
- $7,729
- Total expenses
- $4,887,073
- Net increase / (decrease)
- $2,209,429
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.