Plan Snapshot
- Plan Sponsor: Magnetic Shield Corporation
- Sponsor EIN: 361615298
- Sponsor Address: 740 N THOMAS DRIVE, BENSENVILLE, IL, 60106
- Plan Type: DC
- Total Participants: 20
- Total Assets: $7.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 20 | $7.5M | $77,345 | $171,256 |
| 2023 | 19 | $6.2M | $270,522 | $146,567 |
| 2022 | 17 | $4.7M | $239,148 | $121,235 |