401(k) · DOL Form 5500 · 2022

Magneco Metrel, Inc. 401(k) Plan and Trust

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

N/A
Total assets
64
Participants

Sponsored by Magneco/Metrel, Inc · Illinois · Manufacturing

What the 2022 filing shows

Magneco Metrel, Inc. 401(k) Plan and Trust holds N/A for 64 participants.

N/A
total plan assets (2022 EOY)
64
covered participants
Total Assets (2023)
N/A
Participants
64
State
Industry
Manufacturing

What the Filing Says About Magneco Metrel, Inc. 401(k) Plan and Trust

Magneco Metrel, Inc. 401(k) Plan and Trust is a 401(k) retirement plan sponsored by Magneco/Metrel, Inc, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 64 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 341191723, and the plan has been effective since 1978-05-18. 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 EIN341191723
Plan Effective Date1978-05-18
Filing StatusFILING RECEIVED

Sponsor Plan History (Magneco/Metrel, Inc)

Year Plans Participants Total Assets
2022 1 64 N/A
2023 1 114 $26M
2024 1 138 $29M

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Frequently Asked Questions

How much money is in the Magneco Metrel, Inc. 401(k) Plan and Trust?
As of the 2022 Form 5500 filing, Magneco Metrel, Inc. 401(k) Plan and Trust holds N/A in total assets with 64 participants. It is sponsored by Magneco/Metrel, Inc.
What type of plan is Magneco Metrel, Inc. 401(k) Plan and Trust?
Magneco Metrel, Inc. 401(k) Plan and Trust is a 401(k) plan. It has been effective since 1978-05-18. The plan is filed with the U.S. Department of Labor under EIN 341191723.
Who sponsors the Magneco Metrel, Inc. 401(k) Plan and Trust?
Magneco Metrel, Inc. 401(k) Plan and Trust is sponsored by Magneco/Metrel, Inc, located in Illinois. The sponsor's EIN is 341191723 and the plan operates in the Manufacturing industry.
How did Magneco Metrel, Inc. 401(k) Plan and Trust perform in 2022?
Magneco Metrel, Inc. 401(k) Plan and Trust held N/A in total assets at the end of 2022.
Where can I find official filings for Magneco Metrel, Inc. 401(k) Plan and Trust?
Official Form 5500 filings for Magneco Metrel, Inc. 401(k) Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 341191723 or plan name at efast.dol.gov.
How does Magneco Metrel, Inc. 401(k) Plan and Trust compare to other plans?
You can compare Magneco Metrel, Inc. 401(k) Plan and Trust against other 401(k) plans on the plan type page, or view plans in Illinois 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.

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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 341191723.

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.