Magnolia Personnel Group 401(K) Plan — Form 5500 plan (Magnolia Personnel Group, 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, Magnolia Personnel Group 401(K) Plan is a benefit plan reported by Magnolia Personnel Group, LLC under EIN 81-1765241 and plan number 001. The latest loaded filing year is 2023. The filing reports 855 participants and $9,849,180 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Magnolia Personnel Group, LLC
EIN
81-1765241
Plan number
001
Plan type
2
Location
Woodway, TX
Latest filing year
2023
Participants
855
End-of-year plan assets
$9,849,180

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023855H, C20241015125733NAL0014671507001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,849,180
Total liabilities (EOY)
$0
Net assets (EOY)
$9,849,180
Net assets (BOY)
$7,430,169

Income & contributions

Employer contributions
$889,002
Participant contributions
$1,253,259
Total contributions
$2,142,261
Total income / additions
$3,680,378

Expenses & distributions

Benefits paid
$1,216,718
Administrative expenses
$44,649
Total expenses
$1,261,367
Net increase / (decrease)
$2,419,011

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$34,474$02023
Pattillo, Brown & Hill, LlpCONTRACT ADMIN$9,000not reported in the loaded dataset2023

Related Form 5500 pages