Chicago Magnesium Casting Co. 401(K) Plan — Form 5500 plan (Chicago Magnesium Casting Co.)
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, Chicago Magnesium Casting Co. 401(K) Plan is a benefit plan reported by Chicago Magnesium Casting Co. under EIN 36-2931963 and plan number 001. The latest loaded filing year is 2023. The filing reports 180 participants and $3,415,404 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Chicago Magnesium Casting Co.
- EIN
- 36-2931963
- Plan number
- 001
- Plan type
- 2
- Location
- Blue Island, IL
- Latest filing year
- 2023
- Participants
- 180
- End-of-year plan assets
- $3,415,404
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 180 | H, C | 20241014144037NAL0026439201001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,415,404
- Total liabilities (EOY)
- $8,672
- Net assets (EOY)
- $3,406,732
- Net assets (BOY)
- $2,770,127
Income & contributions
- Employer contributions
- $139,463
- Participant contributions
- $463,469
- Total contributions
- $602,932
- Total income / additions
- $1,152,045
Expenses & distributions
- Benefits paid
- $474,327
- Administrative expenses
- $41,113
- Total expenses
- $515,440
- Net increase / (decrease)
- $636,605
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $23,350 | $0 | 2023 |
| Wipfli Llp | ACCOUNTANT/AUDITOR | $12,000 | not reported in the loaded dataset | 2023 |
| Old National Bank | ADVISOR | $5,659 | not reported in the loaded dataset | 2023 |