401(k) · DOL Form 5500 · 2022

Magnet 401(k) Retirement Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

N/A
Total assets
50
Participants

Sponsored by Manufacturing Advocacy & Growth Network · Ohio · Professional & Technical Services

What the 2022 filing shows

Magnet 401(k) Retirement Savings Plan holds N/A for 50 participants.

N/A
total plan assets (2022 EOY)
50
covered participants
Total Assets (2023)
N/A
Participants
50
State
Industry
Professional & Technical Services

What the Filing Says About Magnet 401(k) Retirement Savings Plan

Magnet 401(k) Retirement Savings Plan is a 401(k) retirement plan sponsored by Manufacturing Advocacy & Growth Network, headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 50 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 341455043, and the plan has been effective since 2016-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from N/A at the beginning of 2022 to N/A at year-end. Net assets (after liabilities) closed the year at N/A. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)N/A
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Plan Type401(k)
Employer EIN341455043
Plan Effective Date2016-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Manufacturing Advocacy & Growth Network)

Year Plans Participants Total Assets
2022 1 50 N/A
2023 1 46 N/A
2024 1 56 N/A

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Frequently Asked Questions

How much money is in the Magnet 401(k) Retirement Savings Plan?
As of the 2022 Form 5500 filing, Magnet 401(k) Retirement Savings Plan holds N/A in total assets with 50 participants. It is sponsored by Manufacturing Advocacy & Growth Network.
What type of plan is Magnet 401(k) Retirement Savings Plan?
Magnet 401(k) Retirement Savings Plan is a 401(k) plan. It has been effective since 2016-10-01. The plan is filed with the U.S. Department of Labor under EIN 341455043.
Who sponsors the Magnet 401(k) Retirement Savings Plan?
Magnet 401(k) Retirement Savings Plan is sponsored by Manufacturing Advocacy & Growth Network, located in Ohio. The sponsor's EIN is 341455043 and the plan operates in the Professional & Technical Services industry.
How did Magnet 401(k) Retirement Savings Plan perform in 2022?
Magnet 401(k) Retirement Savings Plan held N/A in total assets at the end of 2022.
Where can I find official filings for Magnet 401(k) Retirement Savings Plan?
Official Form 5500 filings for Magnet 401(k) Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 341455043 or plan name at efast.dol.gov.
How does Magnet 401(k) Retirement Savings Plan compare to other plans?
You can compare Magnet 401(k) Retirement Savings Plan against other 401(k) plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341455043.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.