Plan Snapshot
- Plan Sponsor: Mag Ds Corp.
- Sponsor EIN: 800452944
- Sponsor Address: 12730 FAIR LAKES CIRCLE, FAIRFAX, VA, 220334901
- Plan Type: 401(k)
- Total Participants: 875
- Total Assets: $114.0M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2024 | 875 | $114.0M | $3.2M | $8.1M |
| 2023 | 999 | $106.1M | $3.6M | $8.5M |
| 2022 | 1,129 | $92.3M | $3.7M | $8.7M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $162,615 | — | $162,615 |
| THE CAPITAL GROUP INVESTMENT A | Other Service Provider | $62,264 | — | $62,264 |
| THE BALDWIN GROUP WEALTH ADVISORS | Other Service Provider | $15,914 | — | $15,914 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $240,793
- Estimated Expense Ratio: 0.211% 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 |
|---|---|---|---|---|---|
| 2024 | $240,744 | $141,074 | -$48 | — | — |
| 2023 | $209,830 | $108,179 | — | — | — |
| 2022 | $236,619 | $60,000 | — | — | $22,500 |