Profit Sharing · DOL Form 5500 · 2022

Maggy London International Ltd. 401(k) Retirement Plan

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

$15M
Total assets
53
Participants
56th
Percentile by assets

Sponsored by Maggy London International Ltd. · New York · Manufacturing

What the 2022 filing shows

Maggy London International Ltd. 401(k) Retirement Plan holds $15M for 53 participants - about $283,779 per participant, above the median plan by assets, down 27.3% over the 2022 plan year.

$15M
total plan assets (2022 EOY)
53
covered participants
56th
percentile by assets (of 84,055 plans)
$283,779
avg assets per participant

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$15M
Participants
53
State
Industry
Manufacturing

What the Filing Says About Maggy London International Ltd. 401(k) Retirement Plan

Maggy London International Ltd. 401(k) Retirement Plan is a Profit Sharing retirement plan sponsored by Maggy London International Ltd., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 53 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 132991326, and the plan has been effective since 1995-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $21M at the beginning of 2022 to $15M at year-end - a decline of 27.3%. Net assets (after liabilities) closed the year at $15M, with reported net income of $-5,655,966 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

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)$21M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income$-5,655,966
Plan TypeProfit Sharing
Employer EIN132991326
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Maggy London International Ltd. 401(k) Retirement Plan?
As of the 2022 Form 5500 filing, Maggy London International Ltd. 401(k) Retirement Plan holds $15M in total assets with 53 participants. It is sponsored by Maggy London International Ltd..
What type of plan is Maggy London International Ltd. 401(k) Retirement Plan?
Maggy London International Ltd. 401(k) Retirement Plan is a Profit Sharing plan. It has been effective since 1995-01-01. The plan is filed with the U.S. Department of Labor under EIN 132991326.
Who sponsors the Maggy London International Ltd. 401(k) Retirement Plan?
Maggy London International Ltd. 401(k) Retirement Plan is sponsored by Maggy London International Ltd., located in New York. The sponsor's EIN is 132991326 and the plan operates in the Manufacturing industry.
How did Maggy London International Ltd. 401(k) Retirement Plan perform in 2022?
Maggy London International Ltd. 401(k) Retirement Plan declined by 27.3% during 2022, moving from $21M to $15M in total assets. Net income was $-5,655,966.
Where can I find official filings for Maggy London International Ltd. 401(k) Retirement Plan?
Official Form 5500 filings for Maggy London International Ltd. 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 132991326 or plan name at efast.dol.gov.
How does Maggy London International Ltd. 401(k) Retirement Plan compare to other plans?
You can compare Maggy London International Ltd. 401(k) Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in New York 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 132991326.

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.