# American Magnetics Corporation DC Plan
Source: https://planprovider.pro/companies/american-magnetics-corporation-370805976-002

> American Magnetics Corporation's DC plan: 3 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** American Magnetics Corporation

- **Sponsor EIN:** 370805976

- **Sponsor Address:** 3980 N ABBOTT LN, BELLE RIVE, IL, 62810

- **Plan Type:** DC

- **Plan Number:** 002

- **Total Participants:** 3

- **Total Assets:** $1.1M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|3|$1.1M|$0|$0|

| 2023|3|$2.4M|$0|$0|

| 2022|10|$2.1M|$98,008|$0|

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