# Magnum Venus Products, INC. 401(k) Plan
Source: https://planprovider.pro/companies/magnum-venus-products-inc-401k-plan

> Magnum Venus Products, INC.&#39;s 401(k) plan: 135 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Magnum Venus Products, INC.

- **Sponsor EIN:** 362650388

- **Sponsor Address:** 2030 FALLING WATERS RD, SUITE 350, KNOXVILLE, TN, 37922

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

- **Total Participants:** 135

- **Total Assets:** $13.3M

## 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|135|$13.3M|$407,661|$1.0M|

| 2023|148|$14.3M|$398,316|$1.3M|

| 2022|176|$12.6M|$360,838|$1.2M|

## 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|

| KRUGGEL LAWTON & COMPANY, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [KRUGGEL LAWTON & COMPANY, LLC](https://planprovider.pro/provider/kruggel-lawton-and-company-llc) — 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|$47,931|—|—|—|—|

| 2023|—|—|—|—|—|

| 2022|$5,200|—|$5,200|—|—|

## Similar Plans

- [Aesseal INC.](https://planprovider.pro/companies/aesseal-inc-401k-plan) — 158 participants

- [Schmiede Corporation](https://planprovider.pro/companies/schmiede-corporation-401k-plan) — 159 participants

- [Protech Industries, INC.](https://planprovider.pro/companies/protech-industries-inc-401k-plan) — 104 participants

- [Metalworking Solutions, INC.](https://planprovider.pro/companies/metalworking-solutions-inc-plan) — 99 participants

- [Plant Maintenance Service Corporation](https://planprovider.pro/companies/plant-maintenance-service-corporation-401k-plan) — 96 participants

- [True Temper Sports, INC.](https://planprovider.pro/companies/true-temper-sports-inc-plan) — 78 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/magnum-venus-products-inc-401k-plan)

&copy; 2026 PlanProvider.Pro
