Plan5500

Mgs, Inc. 401(K) Plan — Form 5500 plan (Mgs, Inc.)

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, Mgs, Inc. 401(K) Plan is a benefit plan reported by Mgs, Inc. under EIN 23-1605766 and plan number 002. The latest loaded filing year is 2023. The filing reports 185 participants and $5,970,814 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mgs, Inc.
EIN
23-1605766
Plan number
002
Plan type
2
Location
Denver, PA
Latest filing year
2023
Participants
185
End-of-year plan assets
$5,970,814

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023185H, C20240916144344NAL0001112611001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,970,814
Total liabilities (EOY)
$0
Net assets (EOY)
$5,970,814
Net assets (BOY)
$5,334,066

Income & contributions

Employer contributions
$156,108
Participant contributions
$364,295
Total contributions
$520,403
Total income / additions
$1,478,125

Expenses & distributions

Benefits paid
$815,928
Administrative expenses
$25,449
Total expenses
$841,377
Net increase / (decrease)
$636,748

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fulton Financial AdvisorsNONE$22,345not reported in the loaded dataset2023
John HancockRECORDKEEPER$2,984$02023

Related Form 5500 pages