Plan Snapshot
- Plan Sponsor: Mga Entertainment
- Sponsor EIN: 953726898
- Sponsor Address: 9220 WINNETKA AVE, CHATSWORTH, CA, 91311
- Plan Type: 401(k)
- Total Participants: 901
- Total Assets: $87.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 901 | $87.6M | $1.9M | $6.1M |
| 2023 | 785 | $74.7M | $1.7M | $5.4M |
| 2022 | 832 | $62.8M | $1.7M | $5.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $97,259 | — | $97,259 |
| CAPFINANCIAL PARTNERS LLC | Investment Advisor | $60,000 | — | $60,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $17,425 | — | $17,425 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $174,684
- Estimated Expense Ratio: 0.199% of plan assets
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 | $174,665 | $77,425 | — | — | — |
| 2023 | $155,060 | $72,785 | — | — | — |
| 2022 | $175,500 | $13,654 | — | — | — |