Onemagnify 401(K) Plan — Form 5500 plan (Marketing Associates, LLC)
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, Onemagnify 401(K) Plan is a benefit plan reported by Marketing Associates, LLC under EIN 38-3585841 and plan number 001. The latest loaded filing year is 2023. The filing reports 588 participants and $48,313,660 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$48.3MPlan net assets, end of year$48,313,660
Participants588Covered participants reported
Assets / participant$82.2KComputed: assets ÷ participants$82,166 (computed)
Provider compensation$9.8K1 Schedule C provider row(s)$9,750
- Plan sponsor
- Marketing Associates, LLC
- EIN
- 38-3585841
- Plan number
- 001
- Plan type
- 2
- Location
- Detroit, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 588 | H, C | 20241002094402NAL0014702048001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$48.3M total assets
Net assets$48.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $48,313,660
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $48,313,660
- Net assets (BOY)
- $35,256,992
Income & contributions
- Employer contributions
- $1,340,596
- Participant contributions
- $4,807,056
- Total contributions
- $6,788,198
- Total income / additions
- $13,742,326
Expenses & distributions
- Benefits paid
- $1,089,194
- Administrative expenses
- $9,750
- Total expenses
- $1,098,944
- Net increase / (decrease)
- $12,643,382
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
22%78%
Employer 22%Participant 78%
Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income8%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| United Of Omaha | NONE | $9,750 | $0 | 2023 |