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, Magnit Global Solutions, Inc. And Subsidiaries 401(K) Employee Savings is a benefit plan reported by Magnit Global Solutions, Inc. under EIN 27-3835632 and plan number 001. The latest loaded filing year is 2023. The filing reports 35,910 participants and $424,778,560 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $424,778,560
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $424,778,560
- Net assets (BOY)
- $291,725,839
Income & contributions
- Employer contributions
- $2,357,392
- Participant contributions
- $74,140,896
- Total contributions
- $87,997,986
- Total income / additions
- $149,956,804
Expenses & distributions
- Benefits paid
- $80,725,179
- Administrative expenses
- $1,585,102
- Total expenses
- $82,631,147
- Net increase / (decrease)
- $67,325,657