Plan5500

Master Magnetics, Inc. Amended And Restated Employee Stock Ownership Plan — Form 5500 plan (Tengam Pro, Inc.)

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, Master Magnetics, Inc. Amended And Restated Employee Stock Ownership Plan is a benefit plan reported by Tengam Pro, Inc. under EIN 84-0715559 and plan number 002. The latest loaded filing year is 2023. The filing reports 129 participants and $6,414,790 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Tengam Pro, Inc.
EIN
84-0715559
Plan number
002
Plan type
2
Location
Castle Rock, CO
Latest filing year
2023
Participants
129
End-of-year plan assets
$6,414,790

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023129H, C20250411165838NAL0023580465001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,414,790
Total liabilities (EOY)
$1,876
Net assets (EOY)
$6,412,914
Net assets (BOY)
$3,922,133

Income & contributions

Total contributions
$0
Total income / additions
$2,544,278

Expenses & distributions

Benefits paid
$0
Administrative expenses
$23,430
Total expenses
$53,497
Net increase / (decrease)
$2,490,781

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Prudent Fiduciary ServiceTRUSTEE$15,000not reported in the loaded dataset2023
Forvis MazarsACCOUNTANT$8,400not reported in the loaded dataset2023

Related Form 5500 pages