# Magadom Finance INC. 401(k) Plan
Source: https://planprovider.pro/companies/magadom-finance-inc-852405146-001

> Magadom Finance INC.'s 401(k) plan: 1 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Magadom Finance INC.

- **Sponsor EIN:** 852405146

- **Sponsor Address:** 5656 GENDER RD, CANAL WINCHESTER, OH, 43110

- **Plan Type:** 401(k)

- **Plan Number:** 001

- **Total Participants:** 1

- **Total Assets:** $91,963

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|1|$91,963|$0|$0|

| 2023|1|$91,641|$0|$0|

| 2022|1|$242,965|$0|$0|

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