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, Mago Construction Co., LLC 401(K) Profit Sharing/Savings Plan is a benefit plan reported by Mago Construction Co., LLC under EIN 61-0543739 and plan number 002. The latest loaded filing year is 2023. The filing reports 168 participants and $10,015,633 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,015,633
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,015,633
- Net assets (BOY)
- $10,437,797
Income & contributions
- Employer contributions
- $363,937
- Participant contributions
- $453,405
- Total contributions
- $1,168,580
- Total income / additions
- $2,403,840
Expenses & distributions
- Benefits paid
- $2,762,522
- Administrative expenses
- $63,482
- Total expenses
- $2,826,004
- Net increase / (decrease)
- -$422,164