Mga Research Corporation 401(K) Retirement Plan — Form 5500 plan (Mga Research Corporation)
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, Mga Research Corporation 401(K) Retirement Plan is a benefit plan reported by Mga Research Corporation under EIN 16-1079005 and plan number 001. The latest loaded filing year is 2023. The filing reports 236 participants and $41,445,532 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mga Research Corporation
- EIN
- 16-1079005
- Plan number
- 001
- Plan type
- 2
- Location
- Akron, NY
- Latest filing year
- 2023
- Participants
- 236
- End-of-year plan assets
- $41,445,532
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 236 | H, C | 20250813062116NAL0004727155001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $41,445,532
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,445,532
- Net assets (BOY)
- $33,300,435
Income & contributions
- Employer contributions
- $695,985
- Participant contributions
- $986,517
- Total contributions
- $1,682,502
- Total income / additions
- $10,871,769
Expenses & distributions
- Benefits paid
- $2,596,849
- Administrative expenses
- $129,823
- Total expenses
- $2,726,672
- Net increase / (decrease)
- $8,145,097
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $130,092 | $0 | 2023 |
| Mml Investor Services, LLC | INVESTMENT AD VISORY | $0 | $76,018 | 2023 |
| Rimkus, Marciano & Associates, Inc. | OTHER SERVICES | $0 | $10,078 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mga Research Corporation
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Akron, NY
- Principal Life Insurance Company — Schedule C compensation
- Mml Investor Services, LLC — Schedule C compensation
- Rimkus, Marciano & Associates, Inc. — Schedule C compensation