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MAG DS CORP. 401K PLAN 401k Plan overview

Plan NameMAG DS CORP. 401K PLAN
Plan identification number 001

MAG DS CORP. 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

MAG AEROSPACE has sponsored the creation of one or more 401k plans.

Company Name:MAG AEROSPACE
Employer identification number (EIN):800452944
NAIC Classification:561600

Additional information about MAG AEROSPACE

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 5292173

More information about MAG AEROSPACE

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MAG DS CORP. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012018-01-01
0012017-01-01COURTNEY MITCHELL COURTNEY MITCHELL2018-09-17
0012017-01-01COURTNEY MITCHELL COURTNEY MITCHELL2019-01-14
0012016-01-01TAKISHA RUDOLPH TAKISHA RUDOLPH2017-11-03
0012016-01-01 TAKISHA RUDOLPH2017-10-16
0012015-01-01
0012014-01-01MARK HUBER2015-10-15
0012013-01-01MARK HUBER2014-07-29

Plan Statistics for MAG DS CORP. 401K PLAN

401k plan membership statisitcs for MAG DS CORP. 401K PLAN

Measure Date Value
2022: MAG DS CORP. 401K PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-011,740
Total number of active participants reported on line 7a of the Form 55002022-01-011,129
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-01564
Total of all active and inactive participants2022-01-011,693
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-013
Total participants2022-01-011,696
Number of participants with account balances2022-01-011,345
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: MAG DS CORP. 401K PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-011,938
Total number of active participants reported on line 7a of the Form 55002021-01-011,211
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01526
Total of all active and inactive participants2021-01-011,737
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-013
Total participants2021-01-011,740
Number of participants with account balances2021-01-011,382
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: MAG DS CORP. 401K PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-011,582
Total number of active participants reported on line 7a of the Form 55002020-01-011,494
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01443
Total of all active and inactive participants2020-01-011,937
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-011,938
Number of participants with account balances2020-01-011,475
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: MAG DS CORP. 401K PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-011,663
Total number of active participants reported on line 7a of the Form 55002019-01-011,234
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01348
Total of all active and inactive participants2019-01-011,582
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-011,582
Number of participants with account balances2019-01-01111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: MAG DS CORP. 401K PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011,254
Total number of active participants reported on line 7a of the Form 55002018-01-011,153
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01212
Total of all active and inactive participants2018-01-011,365
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-011,365
Number of participants with account balances2018-01-01896
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: MAG DS CORP. 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-011,168
Total number of active participants reported on line 7a of the Form 55002017-01-011,112
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01141
Total of all active and inactive participants2017-01-011,253
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011
Total participants2017-01-011,254
Number of participants with account balances2017-01-01703
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: MAG DS CORP. 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01565
Total number of active participants reported on line 7a of the Form 55002016-01-01963
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01101
Total of all active and inactive participants2016-01-011,064
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-011,064
Number of participants with account balances2016-01-01578
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: MAG DS CORP. 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01188
Total number of active participants reported on line 7a of the Form 55002015-01-01244
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0125
Total of all active and inactive participants2015-01-01269
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01269
Number of participants with account balances2015-01-01182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on MAG DS CORP. 401K PLAN

Measure Date Value
2022 : MAG DS CORP. 401K PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-6,326,433
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$16,068,986
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$15,786,041
Expenses. Certain deemed distributions of participant loans2022-12-31$42,241
Value of total corrective distributions2022-12-31$4,085
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$13,897,686
Value of total assets at end of year2022-12-31$92,307,699
Value of total assets at beginning of year2022-12-31$114,703,118
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$236,619
Total interest from all sources2022-12-31$55,959
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,201,726
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$1,201,726
Administrative expenses professional fees incurred2022-12-31$22,500
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$3,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$8,706,127
Participant contributions at end of year2022-12-31$1,127,692
Participant contributions at beginning of year2022-12-31$1,318,185
Assets. Other investments not covered elsewhere at end of year2022-12-31$1,465,008
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$1,237,817
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$1,533,224
Other income not declared elsewhere2022-12-31$-566,932
Administrative expenses (other) incurred2022-12-31$154,119
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-22,395,419
Value of net assets at end of year (total assets less liabilities)2022-12-31$92,307,699
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$114,703,118
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$60,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$39,220,738
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$48,728,617
Interest on participant loans2022-12-31$55,959
Value of interest in common/collective trusts at end of year2022-12-31$50,354,476
Value of interest in common/collective trusts at beginning of year2022-12-31$63,237,262
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-11,461,924
Net investment gain or loss from common/collective trusts2022-12-31$-9,452,948
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$3,658,335
Employer contributions (assets) at end of year2022-12-31$139,785
Employer contributions (assets) at beginning of year2022-12-31$181,237
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$15,786,041
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31FORVIS, LLP
Accountancy firm EIN2022-12-31440160260
2021 : MAG DS CORP. 401K PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$31,185,829
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$16,860,573
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$16,568,667
Expenses. Certain deemed distributions of participant loans2021-12-31$18,675
Value of total corrective distributions2021-12-31$12,270
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$16,732,591
Value of total assets at end of year2021-12-31$114,703,118
Value of total assets at beginning of year2021-12-31$100,377,862
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$260,961
Total interest from all sources2021-12-31$66,282
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$2,116,722
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$2,116,722
Administrative expenses professional fees incurred2021-12-31$110,359
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$3,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$9,813,444
Participant contributions at end of year2021-12-31$1,318,185
Participant contributions at beginning of year2021-12-31$1,406,165
Assets. Other investments not covered elsewhere at end of year2021-12-31$1,237,817
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$2,588,408
Other income not declared elsewhere2021-12-31$53,804
Administrative expenses (other) incurred2021-12-31$150,602
Total non interest bearing cash at end of year2021-12-31$0
Total non interest bearing cash at beginning of year2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$14,325,256
Value of net assets at end of year (total assets less liabilities)2021-12-31$114,703,118
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$100,377,862
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$48,728,617
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$40,059,719
Interest on participant loans2021-12-31$66,282
Value of interest in common/collective trusts at end of year2021-12-31$63,237,262
Value of interest in common/collective trusts at beginning of year2021-12-31$58,627,284
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$4,409,655
Net investment gain or loss from common/collective trusts2021-12-31$7,806,775
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$4,330,739
Employer contributions (assets) at end of year2021-12-31$181,237
Employer contributions (assets) at beginning of year2021-12-31$284,694
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$16,568,667
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31FORVIS, LLP
Accountancy firm EIN2021-12-31440160260
2020 : MAG DS CORP. 401K PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$16,235,976
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$32,797,188
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$11,649,883
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$11,511,596
Value of total corrective distributions2020-12-31$53
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$17,208,840
Value of total assets at end of year2020-12-31$100,377,862
Value of total assets at beginning of year2020-12-31$62,994,581
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$138,234
Total interest from all sources2020-12-31$64,346
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$931,988
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$931,988
Administrative expenses professional fees incurred2020-12-31$70,572
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$3,000,000
If this is an individual account plan, was there a blackout period2020-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$9,992,363
Participant contributions at end of year2020-12-31$1,406,165
Participant contributions at beginning of year2020-12-31$957,984
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$2,659,965
Administrative expenses (other) incurred2020-12-31$67,662
Total non interest bearing cash at end of year2020-12-31$0
Total non interest bearing cash at beginning of year2020-12-31$60,094,261
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$21,147,305
Value of net assets at end of year (total assets less liabilities)2020-12-31$100,377,862
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$62,994,581
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$40,059,719
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$1,298
Interest on participant loans2020-12-31$64,346
Value of interest in common/collective trusts at end of year2020-12-31$58,627,284
Value of interest in common/collective trusts at beginning of year2020-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$1,941,038
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$6,579,234
Net investment gain/loss from pooled separate accounts2020-12-31$23,242
Net investment gain or loss from common/collective trusts2020-12-31$7,989,538
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$4,556,512
Employer contributions (assets) at end of year2020-12-31$284,694
Employer contributions (assets) at beginning of year2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$11,511,596
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31Yes
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31DIXON HUGHES GOODMAN LLP
Accountancy firm EIN2020-12-31560747981
2019 : MAG DS CORP. 401K PLAN 2019 401k financial data
Unrealized appreciation/depreciation of real estate assets2019-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$9,397,510
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Expenses. Interest paid2019-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022019-12-31$0
Total income from all sources (including contributions)2019-12-31$26,019,488
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$11,293,449
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$11,067,102
Expenses. Certain deemed distributions of participant loans2019-12-31$0
Value of total corrective distributions2019-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$15,788,147
Value of total assets at end of year2019-12-31$62,994,581
Value of total assets at beginning of year2019-12-31$38,871,032
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$226,347
Total income from rents2019-12-31$0
Total interest from all sources2019-12-31$77,053
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$201,274
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$201,274
Administrative expenses professional fees incurred2019-12-31$0
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$3,000,000
If this is an individual account plan, was there a blackout period2019-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Amount of non-exempt transactions with any party-in-interest2019-12-31$0
Contributions received from participants2019-12-31$8,004,165
Participant contributions at end of year2019-12-31$957,984
Participant contributions at beginning of year2019-12-31$657,188
Participant contributions at end of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$226,584
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$3,924,264
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$2,698
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$0
Other income not declared elsewhere2019-12-31$1,927
Administrative expenses (other) incurred2019-12-31$0
Liabilities. Value of operating payables at beginning of year2019-12-31$0
Total non interest bearing cash at end of year2019-12-31$60,094,261
Total non interest bearing cash at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Income. Non cash contributions2019-12-31$0
Value of net income/loss2019-12-31$14,726,039
Value of net assets at end of year (total assets less liabilities)2019-12-31$62,994,581
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$38,871,032
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2019-12-31$0
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2019-12-31$0
Investment advisory and management fees2019-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$1,298
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$7,129,712
Value of interest in pooled separate accounts at end of year2019-12-31$0
Value of interest in pooled separate accounts at beginning of year2019-12-31$1,625,190
Interest on participant loans2019-12-31$43,098
Income. Interest from loans (other than to participants)2019-12-31$0
Interest earned on other investments2019-12-31$33,955
Income. Interest from US Government securities2019-12-31$0
Income. Interest from corporate debt instruments2019-12-31$0
Value of interest in common/collective trusts at end of year2019-12-31$0
Value of interest in common/collective trusts at beginning of year2019-12-31$27,034,565
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$1,941,038
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$1,773,093
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,059,203
Net investment gain/loss from pooled separate accounts2019-12-31$672,625
Net investment gain or loss from common/collective trusts2019-12-31$7,219,259
Net gain/loss from 103.12 investment entities2019-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$3,859,718
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$424,700
Income. Dividends from preferred stock2019-12-31$0
Income. Dividends from common stock2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$11,064,404
Contract administrator fees2019-12-31$226,347
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$0
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$0
Aggregate carrying amount (costs) on sale of assets2019-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31DIXON HUGHES GOODMAN LLP
Accountancy firm EIN2019-12-31560747981
2018 : MAG DS CORP. 401K PLAN 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets2018-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$0
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$13,449,120
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$3,317,315
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$3,171,078
Expenses. Certain deemed distributions of participant loans2018-12-31$0
Value of total corrective distributions2018-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$16,388,578
Value of total assets at end of year2018-12-31$38,871,032
Value of total assets at beginning of year2018-12-31$28,739,227
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$146,237
Total income from rents2018-12-31$0
Total interest from all sources2018-12-31$48,591
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$120,407
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$120,407
Administrative expenses professional fees incurred2018-12-31$0
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$3,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Amount of non-exempt transactions with any party-in-interest2018-12-31$0
Contributions received from participants2018-12-31$6,453,941
Participant contributions at end of year2018-12-31$657,188
Participant contributions at beginning of year2018-12-31$440,760
Participant contributions at end of year2018-12-31$226,584
Participant contributions at beginning of year2018-12-31$197,763
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$6,488,599
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$7,849
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$0
Other income not declared elsewhere2018-12-31$5,801
Administrative expenses (other) incurred2018-12-31$0
Liabilities. Value of operating payables at beginning of year2018-12-31$0
Total non interest bearing cash at end of year2018-12-31$0
Total non interest bearing cash at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$10,131,805
Value of net assets at end of year (total assets less liabilities)2018-12-31$38,871,032
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$28,739,227
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2018-12-31$0
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2018-12-31$0
Investment advisory and management fees2018-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$7,129,712
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$5,167,412
Value of interest in pooled separate accounts at end of year2018-12-31$1,625,190
Value of interest in pooled separate accounts at beginning of year2018-12-31$1,152,854
Interest on participant loans2018-12-31$26,847
Income. Interest from loans (other than to participants)2018-12-31$0
Interest earned on other investments2018-12-31$21,744
Income. Interest from US Government securities2018-12-31$0
Income. Interest from corporate debt instruments2018-12-31$0
Value of interest in common/collective trusts at end of year2018-12-31$27,034,565
Value of interest in common/collective trusts at beginning of year2018-12-31$20,515,408
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$1,773,093
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$929,560
Expenses. Payments to insurance carriers foe the provision of benefits2018-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-719,900
Net investment gain/loss from pooled separate accounts2018-12-31$-105,223
Net investment gain or loss from common/collective trusts2018-12-31$-2,289,134
Net gain/loss from 103.12 investment entities2018-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$3,446,038
Employer contributions (assets) at end of year2018-12-31$424,700
Employer contributions (assets) at beginning of year2018-12-31$335,470
Income. Dividends from preferred stock2018-12-31$0
Income. Dividends from common stock2018-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$3,163,229
Contract administrator fees2018-12-31$146,237
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$0
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$0
Aggregate carrying amount (costs) on sale of assets2018-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2018-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31RSM US LLP
Accountancy firm EIN2018-12-31420714325
2017 : MAG DS CORP. 401K PLAN 2017 401k financial data
Unrealized appreciation/depreciation of real estate assets2017-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$0
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets to this plan2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$13,242,111
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$3,085,271
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$2,964,558
Expenses. Certain deemed distributions of participant loans2017-12-31$8,979
Value of total corrective distributions2017-12-31$3,057
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$9,511,977
Value of total assets at end of year2017-12-31$28,739,227
Value of total assets at beginning of year2017-12-31$18,582,387
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$108,677
Total income from rents2017-12-31$0
Total interest from all sources2017-12-31$32,894
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$76,132
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$76,132
Administrative expenses professional fees incurred2017-12-31$0
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$3,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Amount of non-exempt transactions with any party-in-interest2017-12-31$0
Contributions received from participants2017-12-31$4,623,949
Participant contributions at end of year2017-12-31$440,760
Participant contributions at beginning of year2017-12-31$287,451
Participant contributions at end of year2017-12-31$197,763
Participant contributions at beginning of year2017-12-31$112,753
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$2,498,739
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-12-31$2,228
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$0
Other income not declared elsewhere2017-12-31$43,203
Administrative expenses (other) incurred2017-12-31$0
Liabilities. Value of operating payables at beginning of year2017-12-31$0
Total non interest bearing cash at end of year2017-12-31$0
Total non interest bearing cash at beginning of year2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$10,156,840
Value of net assets at end of year (total assets less liabilities)2017-12-31$28,739,227
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$18,582,387
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2017-12-31$0
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2017-12-31$0
Investment advisory and management fees2017-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$5,167,412
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$2,585,688
Value of interest in pooled separate accounts at end of year2017-12-31$1,152,854
Value of interest in pooled separate accounts at beginning of year2017-12-31$589,338
Interest on participant loans2017-12-31$15,901
Income. Interest from loans (other than to participants)2017-12-31$0
Interest earned on other investments2017-12-31$16,993
Income. Interest from US Government securities2017-12-31$0
Income. Interest from corporate debt instruments2017-12-31$0
Value of interest in common/collective trusts at end of year2017-12-31$20,515,408
Value of interest in common/collective trusts at beginning of year2017-12-31$13,789,460
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$929,560
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$1,110,770
Expenses. Payments to insurance carriers foe the provision of benefits2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$602,851
Net investment gain/loss from pooled separate accounts2017-12-31$168,957
Net investment gain or loss from common/collective trusts2017-12-31$2,806,097
Net gain/loss from 103.12 investment entities2017-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$2,389,289
Employer contributions (assets) at end of year2017-12-31$335,470
Employer contributions (assets) at beginning of year2017-12-31$106,927
Income. Dividends from preferred stock2017-12-31$0
Income. Dividends from common stock2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$2,962,330
Contract administrator fees2017-12-31$108,677
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$0
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$0
Aggregate carrying amount (costs) on sale of assets2017-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2017-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31RSM US LLP
Accountancy firm EIN2017-12-31420714325
2016 : MAG DS CORP. 401K PLAN 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets2016-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$0
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$6,761,879
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Expenses. Interest paid2016-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022016-12-31$0
Total income from all sources (including contributions)2016-12-31$8,343,261
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$1,928,691
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,859,697
Expenses. Certain deemed distributions of participant loans2016-12-31$0
Value of total corrective distributions2016-12-31$1,092
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$6,980,452
Value of total assets at end of year2016-12-31$18,626,616
Value of total assets at beginning of year2016-12-31$5,450,167
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$67,902
Total income from rents2016-12-31$0
Total interest from all sources2016-12-31$13,476
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$45,894
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$45,894
Administrative expenses professional fees incurred2016-12-31$0
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Amount of non-exempt transactions with any party-in-interest2016-12-31$0
Contributions received from participants2016-12-31$3,265,709
Participant contributions at end of year2016-12-31$287,451
Participant contributions at beginning of year2016-12-31$167,191
Participant contributions at end of year2016-12-31$112,753
Participant contributions at beginning of year2016-12-31$132,193
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$2,094,941
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$44,229
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$44,656
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$0
Other income not declared elsewhere2016-12-31$0
Administrative expenses (other) incurred2016-12-31$0
Liabilities. Value of operating payables at beginning of year2016-12-31$0
Total non interest bearing cash at end of year2016-12-31$0
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Income. Non cash contributions2016-12-31$0
Value of net income/loss2016-12-31$6,414,570
Value of net assets at end of year (total assets less liabilities)2016-12-31$18,626,616
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$5,450,167
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2016-12-31$0
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2016-12-31$0
Investment advisory and management fees2016-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$2,585,688
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$4,159,181
Value of interest in pooled separate accounts at end of year2016-12-31$589,338
Value of interest in pooled separate accounts at beginning of year2016-12-31$0
Interest on participant loans2016-12-31$9,004
Income. Interest from loans (other than to participants)2016-12-31$0
Interest earned on other investments2016-12-31$4,472
Income. Interest from US Government securities2016-12-31$0
Income. Interest from corporate debt instruments2016-12-31$0
Value of interest in common/collective trusts at end of year2016-12-31$13,789,460
Value of interest in common/collective trusts at beginning of year2016-12-31$547,318
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$2,060
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$2,060
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$1,110,770
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$331,285
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$-114,026
Net investment gain/loss from pooled separate accounts2016-12-31$59,792
Net investment gain or loss from common/collective trusts2016-12-31$1,357,673
Net gain/loss from 103.12 investment entities2016-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31Yes
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$1,619,802
Employer contributions (assets) at end of year2016-12-31$106,927
Employer contributions (assets) at beginning of year2016-12-31$66,283
Income. Dividends from preferred stock2016-12-31$0
Income. Dividends from common stock2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,859,697
Contract administrator fees2016-12-31$67,902
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31Yes
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$0
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$0
Aggregate carrying amount (costs) on sale of assets2016-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2016-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31PBMARES, LLP
Accountancy firm EIN2016-12-31540737372
2015 : MAG DS CORP. 401K PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$2,595,941
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$344,062
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$341,992
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$2,654,359
Value of total assets at end of year2015-12-31$5,450,167
Value of total assets at beginning of year2015-12-31$3,198,288
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$2,070
Total interest from all sources2015-12-31$7,977
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Administrative expenses professional fees incurred2015-12-31$2,070
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$1,328,939
Participant contributions at end of year2015-12-31$167,191
Participant contributions at beginning of year2015-12-31$101,400
Participant contributions at end of year2015-12-31$132,193
Participant contributions at beginning of year2015-12-31$422
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$667,911
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$44,656
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$2,251,879
Value of net assets at end of year (total assets less liabilities)2015-12-31$5,450,167
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$3,198,288
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$4,159,181
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$2,691,110
Interest on participant loans2015-12-31$4,424
Value of interest in common/collective trusts at end of year2015-12-31$547,318
Value of interest in common/collective trusts at beginning of year2015-12-31$226,921
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$2,060
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$2,060
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$2,060
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$3,553
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$331,285
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$175,969
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-47,284
Net investment gain or loss from common/collective trusts2015-12-31$-19,111
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$657,509
Employer contributions (assets) at end of year2015-12-31$66,283
Employer contributions (assets) at beginning of year2015-12-31$406
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$341,992
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31PBMARES, LLP
Accountancy firm EIN2015-12-31540737372

Form 5500 Responses for MAG DS CORP. 401K PLAN

2022: MAG DS CORP. 401K PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MAG DS CORP. 401K PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MAG DS CORP. 401K PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MAG DS CORP. 401K PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MAG DS CORP. 401K PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedYes
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MAG DS CORP. 401K PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedYes
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MAG DS CORP. 401K PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedYes
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MAG DS CORP. 401K PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered0
Insurance policy start date2020-01-01
Insurance policy end date2020-09-14
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number528290
Policy instance 2
Insurance contract or identification number528290
Number of Individuals Covered0
Insurance policy start date2020-01-01
Insurance policy end date2020-01-02
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered1582
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $3,567
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,567
Amount paid for insurance broker fees0
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number528290
Policy instance 2
Insurance contract or identification number528290
Number of Individuals Covered1582
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $4,516
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,516
Amount paid for insurance broker fees0
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered1365
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $2,364
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,307
Amount paid for insurance broker fees0
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number528290
Policy instance 2
Insurance contract or identification number528290
Number of Individuals Covered1365
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $2,965
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,895
Amount paid for insurance broker fees0
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered1254
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $2,494
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,494
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameTHE LEADERS GROUP INC
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number528290
Policy instance 2
Insurance contract or identification number528290
Number of Individuals Covered1254
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $1,985
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,985
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameTHE LEADERS GROUP INC
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR 61030-1
Policy instance 1
Insurance contract or identification numberMR 61030-1
Number of Individuals Covered182
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $740
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $740
Insurance broker organization code?1
Insurance broker nameLPL FINANCIAL CORPORATION

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