Plan Snapshot
- Plan Sponsor: Magna5 Ms Holdings LLC
- Sponsor EIN: 472618283
- Sponsor Address: 1000 CLIFFMINE RD #520, PITTSBURGH, PA, 15275
- Plan Type: 401(k)
- Total Participants: 252
- Total Assets: $11.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 252 | $11.3M | $453,377 | $1.3M |
| 2023 | 216 | $8.4M | $427,697 | $1.1M |
| 2022 | 161 | $4.5M | $274,946 | $716,505 |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $7,966 | — | $7,966 | — | — |
| 2023 | $3,615 | — | $3,615 | — | — |
| 2022 | $6,568 | — | $6,568 | — | — |