Plan Snapshot
- Plan Sponsor: Magellan Aerospace, Middletown
- Sponsor EIN: 310196650
- Sponsor Address: 2320 WEDEKIND DRIVE, MIDDLETOWN, OH, 450422390
- Plan Type: 401(k)
- Total Participants: 59
- Total Assets: $2.2M
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. |
|---|
| 2024 | 59 | $2.2M | $89,436 | $199,727 |
| 2023 | 56 | $2.1M | $86,362 | $188,395 |
| 2022 | 60 | $1.7M | $76,636 | $167,923 |