Magnate Holdings, LLC 401(K) Plan — Form 5500 plan (Magnate Holdings, 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, Magnate Holdings, LLC 401(K) Plan is a benefit plan reported by Magnate Holdings, LLC under EIN 47-4472644 and plan number 001. The latest loaded filing year is 2023. The filing reports 566 participants and $28,918,333 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Magnate Holdings, LLC
- EIN
- 47-4472644
- Plan number
- 001
- Plan type
- 2
- Location
- Portland, OR
- Latest filing year
- 2023
- Participants
- 566
- End-of-year plan assets
- $28,918,333
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 566 | H, C | 20240924172021NAL0013113073001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $28,918,333
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $28,918,333
- Net assets (BOY)
- $23,210,999
Income & contributions
- Employer contributions
- $727,089
- Participant contributions
- $2,999,034
- Total contributions
- $3,785,499
- Total income / additions
- $7,835,405
Expenses & distributions
- Benefits paid
- $1,962,336
- Administrative expenses
- $157,495
- Total expenses
- $2,128,071
- Net increase / (decrease)
- $5,707,334
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $146,781 | $0 | 2023 |
| Embree Financial Group | INVESTMENT ADVISORY | $0 | $72,609 | 2023 |
| Hunter Benefits Consulting Group | CONTRACT ADMINISTRATOR | $10,714 | $12,284 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Magnate Holdings, LLC
- 2023 Form 5500 filing
- Form 5500 filings in OR
- 401(k) and benefit plan filings in Portland, OR
- Principal Life Insurance Company — Schedule C compensation
- Embree Financial Group — Schedule C compensation
- Hunter Benefits Consulting Group — Schedule C compensation