Magnum Construction Management 401(K) Plan — Form 5500 plan (Magnum Construction Management)

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, Magnum Construction Management 401(K) Plan is a benefit plan reported by Magnum Construction Management under EIN 59-2373403 and plan number 001. The latest loaded filing year is 2023. The filing reports 159 participants and $5,532,054 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Magnum Construction Management
EIN
59-2373403
Plan number
001
Plan type
2
Location
South Miami, FL
Latest filing year
2023
Participants
159
End-of-year plan assets
$5,532,054

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023159H, C20241001054037NAL0003793907001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,532,054
Total liabilities (EOY)
$0
Net assets (EOY)
$5,532,054
Net assets (BOY)
$6,357,487

Income & contributions

Employer contributions
$181,909
Participant contributions
$297,476
Total contributions
$573,902
Total income / additions
$1,252,671

Expenses & distributions

Benefits paid
$2,033,080
Administrative expenses
$41,822
Total expenses
$2,078,104
Net increase / (decrease)
-$825,433

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Hornor, Townsend & Kent, LLCINVESTMENT/FINANCIAL ADVI$22,074$02023
Adp, Inc.RECORD KEEPER$16,034$02023
H&Co LlpACCOUNTANT$14,750$02023
Td Ameritrade, Inc.SECURITES BROKER$75$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages