Plan Snapshot
- Plan Sponsor: Mag Brand Group, LLC
- Sponsor EIN: 933920233
- Sponsor Address: 13861 ROSECRANS AVENUE, SANTA FE SPRINGS, CA, 90670
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 769
- Total Assets: $53.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 769 | $53.4M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| JOHN HANCOCK | Other Service Provider | $241,282 | — | $241,282 |
| SAGEVIEW ADVISORY GROUP, LLC | Other Service Provider | $56,784 | — | $56,784 |
| REDPATH AND COMPANY LLC | Other Service Provider | $22,500 | — | $22,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $320,566
- Estimated Expense Ratio: 0.601% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $6,458,615 | $56,784 | $241,282 | $22,500 | — |