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, Safepoint Mga, LLC 401(K) Plan is a benefit plan reported by Safepoint Mga, LLC under EIN 46-2941255 and plan number 001. The latest loaded filing year is 2023. The filing reports 213 participants and $5,021,127 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,021,127
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,021,127
- Net assets (BOY)
- $3,695,793
Income & contributions
- Employer contributions
- $436,026
- Participant contributions
- $557,017
- Total contributions
- $1,137,763
- Total income / additions
- $1,836,951
Expenses & distributions
- Benefits paid
- $473,792
- Administrative expenses
- $32,400
- Total expenses
- $511,617
- Net increase / (decrease)
- $1,325,334