Magna U.S. Consolidated Pension Plan — Form 5500 plan (Magna International Of America, 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, Magna U.S. Consolidated Pension Plan is a benefit plan reported by Magna International Of America, Inc. under EIN 98-0095901 and plan number 005. The latest loaded filing year is 2023. The filing reports 4,054 participants and $161,893,826 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Magna International Of America, Inc.
- EIN
- 98-0095901
- Plan number
- 005
- Plan type
- 2
- Location
- not reported in the loaded dataset
- Latest filing year
- 2023
- Participants
- 4,054
- End-of-year plan assets
- $161,893,826
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,054 | H, C | 20241013084135NAL0012355555002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $161,893,826
- Total liabilities (EOY)
- $199,958
- Net assets (EOY)
- $161,693,868
- Net assets (BOY)
- $157,778,597
Income & contributions
- Total income / additions
- $16,321,824
Expenses & distributions
- Benefits paid
- $10,631,060
- Administrative expenses
- $1,775,493
- Total expenses
- $12,406,553
- Net increase / (decrease)
- $3,915,271
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | INVESTMENT ADVISOR | $498,708 | $0 | 2023 |
| Goldman Sachs Asset Management | INVESTMENT ADVISOR | $358,489 | not reported in the loaded dataset | 2023 |
| The Northern Trust Company | TRUSTEE AND CUSTODIAN | $96,023 | $0 | 2023 |
| Bdo Usa, P.A. | AUDITOR | $21,593 | not reported in the loaded dataset | 2023 |
| Voya Investment Trust Company | INVESTMENT ADVISOR | $13,503 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Magna International Of America, Inc.
- 2023 Form 5500 filing
- Principal Life Insurance Company — Schedule C compensation
- Goldman Sachs Asset Management — Schedule C compensation
- The Northern Trust Company — Schedule C compensation
- Bdo Usa, P.A. — Schedule C compensation
- Voya Investment Trust Company — Schedule C compensation