Plan Snapshot
- Plan Sponsor: Mga Research Corporation
- Sponsor EIN: 161079005
- Sponsor Address: 12790 MAIN ROAD, AKRON, NY, 140019777
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 159
- Total Assets: $41.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|
| 2023 | 159 | $41.4M | $695,985 | $986,517 |
| 2022 | 140 | $33.3M | $670,265 | $854,661 |