# Magnetic Shield Corporation DC Plan
Source: https://planprovider.pro/companies/magnetic-shield-corporation-plan

> Magnetic Shield Corporation's DC plan: 20 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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