Plan Snapshot
- Plan Sponsor: Mgl Enterprises INC.
- Sponsor EIN: 823976597
- Sponsor Address: 5 THOMAS CIRCLE, MARBLEHEAD, MA, 01945
- Plan Type: 401(k)
- Total Participants: 5
- Total Assets: $271,554
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2025 | 5 | $271,554 | $0 | $0 |
| 2024 | 3 | $240,955 | $0 | $0 |
| 2023 | 2 | $311,714 | $0 | $0 |
| 2022 | 3 | $313,557 | $0 | $0 |