MAGNATECH LLC has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2024 : MAGNATECH 401(K) PLAN 2024 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2024-09-16 | 0 |
| Total liabilities as of the end of the plan year | 2024-09-16 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-09-16 | 0 |
| Total expenses incurred by plan in this plan year | 2024-09-16 | 1630097 |
| Net assets as of the end of the plan year | 2024-09-16 | 0 |
| Total assets as of the beginning of the plan year | 2024-09-16 | 1474751 |
| Value of plan covered by a fidelity bond | 2024-09-16 | 500000 |
| Participant contributions to plan in this plan year | 2024-09-16 | 18723 |
| Other expenses paid from plan in this plan year | 2024-09-16 | 0 |
| Other contributions to plan in this plan year | 2024-09-16 | 0 |
| Other income to plan in this plan year | 2024-09-16 | 136623 |
| Plan net income in this plan year | 2024-09-16 | -1474751 |
| Net assets as of the end of the plan year | 2024-09-16 | 0 |
| Net assets as of the beginning of the plan year | 2024-09-16 | 1474751 |
| Employer contributions to plan in this plan year | 2024-09-16 | 0 |
| Fees paid to broker by Benefit Provider | 2024-09-16 | 4919 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-09-16 | 0 |
| 2022 : MAGNATECH 401(K) PLAN 2022 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2022-04-12 | 0 |
| Total liabilities as of the end of the plan year | 2022-04-12 | 0 |
| Total liabilities as of the beginning of the plan year | 2022-04-12 | 0 |
| Total expenses incurred by plan in this plan year | 2022-04-12 | 102668 |
| Net assets as of the end of the plan year | 2022-04-12 | 1764852 |
| Total assets as of the beginning of the plan year | 2022-04-12 | 1583686 |
| Value of plan covered by a fidelity bond | 2022-04-12 | 150000 |
| Participant contributions to plan in this plan year | 2022-04-12 | 80588 |
| Other expenses paid from plan in this plan year | 2022-04-12 | 0 |
| Other contributions to plan in this plan year | 2022-04-12 | 0 |
| Other income to plan in this plan year | 2022-04-12 | 203246 |
| Plan net income in this plan year | 2022-04-12 | 181166 |
| Net assets as of the end of the plan year | 2022-04-12 | 1764852 |
| Net assets as of the beginning of the plan year | 2022-04-12 | 1583686 |
| Employer contributions to plan in this plan year | 2022-04-12 | 0 |
| Fees paid to broker by Benefit Provider | 2022-04-12 | 5645 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-04-12 | 0 |
| 2011 : MAGNATECH 401(K) PLAN 2011 401k financial data |
|---|
| Transfers to/from the plan | 2011-12-31 | $0 |
| Total plan liabilities at end of year | 2011-12-31 | $0 |
| Total plan liabilities at beginning of year | 2011-12-31 | $0 |
| Total income from all sources | 2011-12-31 | $55,259 |
| Expenses. Total of all expenses incurred | 2011-12-31 | $7,043 |
| Benefits paid (including direct rollovers) | 2011-12-31 | $0 |
| Total plan assets at end of year | 2011-12-31 | $747,787 |
| Total plan assets at beginning of year | 2011-12-31 | $699,571 |
| Value of fidelity bond covering the plan | 2011-12-31 | $75,000 |
| Total contributions received or receivable from participants | 2011-12-31 | $74,022 |
| Expenses. Other expenses not covered elsewhere | 2011-12-31 | $4,777 |
| Contributions received from other sources (not participants or employers) | 2011-12-31 | $0 |
| Other income received | 2011-12-31 | $-18,763 |
| Noncash contributions received | 2011-12-31 | $0 |
| Net income (gross income less expenses) | 2011-12-31 | $48,216 |
| Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $747,787 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $699,571 |
| Assets. Value of participant loans | 2011-12-31 | $28,864 |
| Total contributions received or receivable from employer(s) | 2011-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2011-12-31 | $2 |
| Value of corrective distributions | 2011-12-31 | $2,264 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2011-12-31 | $0 |
| 2010 : MAGNATECH 401(K) PLAN 2010 401k financial data |
|---|
| Total plan liabilities at end of year | 2010-12-31 | $0 |
| Total plan liabilities at beginning of year | 2010-12-31 | $0 |
| Total income from all sources | 2010-12-31 | $-26,024 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $7,695 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $6,050 |
| Total plan assets at end of year | 2010-12-31 | $699,571 |
| Total plan assets at beginning of year | 2010-12-31 | $733,290 |
| Value of fidelity bond covering the plan | 2010-12-31 | $75,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $75,386 |
| Expenses. Other expenses not covered elsewhere | 2010-12-31 | $1,645 |
| Contributions received from other sources (not participants or employers) | 2010-12-31 | $0 |
| Other income received | 2010-12-31 | $-101,410 |
| Noncash contributions received | 2010-12-31 | $0 |
| Net income (gross income less expenses) | 2010-12-31 | $-33,719 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $699,571 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $733,290 |
| Assets. Value of participant loans | 2010-12-31 | $5,876 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2010-12-31 | $0 |
| Value of corrective distributions | 2010-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2010-12-31 | $0 |
