MAGALDI & MAGALDI, INC. has sponsored the creation of one or more 401k plans.
Additional information about MAGALDI & MAGALDI, INC.
Submission information for form 5500 for 401k plan MAGALDI & MAGALDI, INC. PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2025 : MAGALDI & MAGALDI, INC. PROFIT SHARING PLAN 2025 401k financial data |
|---|
| Total liabilities as of the beginning of the plan year | 2025-10-07 | 0 |
| Total expenses incurred by plan in this plan year | 2025-10-07 | 113378 |
| Net assets as of the end of the plan year | 2025-10-07 | 5392652 |
| Total assets as of the beginning of the plan year | 2025-10-07 | 4784336 |
| Value of plan covered by a fidelity bond | 2025-10-07 | 500000 |
| Participant contributions to plan in this plan year | 2025-10-07 | 129275 |
| Other income to plan in this plan year | 2025-10-07 | 445323 |
| Plan net income in this plan year | 2025-10-07 | 608316 |
| Net assets as of the end of the plan year | 2025-10-07 | 5392652 |
| Net assets as of the beginning of the plan year | 2025-10-07 | 4784336 |
| Employer contributions to plan in this plan year | 2025-10-07 | 147096 |
| Fees paid to broker by Benefit Provider | 2025-10-07 | 19906 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-10-07 | 370 |
| 2024 : MAGALDI & MAGALDI, INC. PROFIT SHARING PLAN 2024 401k financial data |
|---|
| Total liabilities as of the end of the plan year | 2024-10-01 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-10-01 | 0 |
| Total expenses incurred by plan in this plan year | 2024-10-01 | 61215 |
| Net assets as of the end of the plan year | 2024-10-01 | 4784336 |
| Total assets as of the beginning of the plan year | 2024-10-01 | 4150766 |
| Value of plan covered by a fidelity bond | 2024-10-01 | 500000 |
| Participant contributions to plan in this plan year | 2024-10-01 | 142079 |
| Other income to plan in this plan year | 2024-10-01 | 399640 |
| Plan net income in this plan year | 2024-10-01 | 633570 |
| Net assets as of the end of the plan year | 2024-10-01 | 4784336 |
| Net assets as of the beginning of the plan year | 2024-10-01 | 4150766 |
| Employer contributions to plan in this plan year | 2024-10-01 | 153066 |
| Fees paid to broker by Benefit Provider | 2024-10-01 | 16966 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-10-01 | 25 |
| 2022 : MAGALDI & MAGALDI, INC. PROFIT SHARING PLAN 2022 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2022-10-06 | 0 |
| Total liabilities as of the end of the plan year | 2022-10-06 | 0 |
| Total liabilities as of the beginning of the plan year | 2022-10-06 | 0 |
| Total expenses incurred by plan in this plan year | 2022-10-06 | 64146 |
| Net assets as of the end of the plan year | 2022-10-06 | 4321888 |
| Total assets as of the beginning of the plan year | 2022-10-06 | 3764666 |
| Value of plan covered by a fidelity bond | 2022-10-06 | 500000 |
| Participant contributions to plan in this plan year | 2022-10-06 | 126952 |
| Other expenses paid from plan in this plan year | 2022-10-06 | 0 |
| Other contributions to plan in this plan year | 2022-10-06 | 0 |
| Other income to plan in this plan year | 2022-10-06 | 353554 |
| Plan net income in this plan year | 2022-10-06 | 557222 |
| Net assets as of the end of the plan year | 2022-10-06 | 4321888 |
| Net assets as of the beginning of the plan year | 2022-10-06 | 3764666 |
| Employer contributions to plan in this plan year | 2022-10-06 | 140862 |
| Fees paid to broker by Benefit Provider | 2022-10-06 | 15544 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-10-06 | 25 |
| 2011 : MAGALDI & MAGALDI, INC. PROFIT SHARING 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 | $177,793 |
| Expenses. Total of all expenses incurred | 2011-12-31 | $0 |
| Benefits paid (including direct rollovers) | 2011-12-31 | $0 |
| Total plan assets at end of year | 2011-12-31 | $1,785,846 |
| Total plan assets at beginning of year | 2011-12-31 | $1,608,053 |
| Value of fidelity bond covering the plan | 2011-12-31 | $500,000 |
| Total contributions received or receivable from participants | 2011-12-31 | $76,235 |
| Expenses. Other expenses not covered elsewhere | 2011-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2011-12-31 | $0 |
| Other income received | 2011-12-31 | $7,695 |
| Noncash contributions received | 2011-12-31 | $0 |
| Net income (gross income less expenses) | 2011-12-31 | $177,793 |
| Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $1,785,846 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $1,608,053 |
| Total contributions received or receivable from employer(s) | 2011-12-31 | $93,863 |
| Value of certain deemed distributions of participant loans | 2011-12-31 | $0 |
| Value of corrective distributions | 2011-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2011-12-31 | $0 |
| 2010 : MAGALDI & MAGALDI, INC. PROFIT SHARING PLAN 2010 401k financial data |
|---|
| Transfers to/from the plan | 2010-12-31 | $0 |
| 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 | $257,224 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $0 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $0 |
| Total plan assets at end of year | 2010-12-31 | $1,608,053 |
| Total plan assets at beginning of year | 2010-12-31 | $1,350,829 |
| Value of fidelity bond covering the plan | 2010-12-31 | $500,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $76,709 |
| Expenses. Other expenses not covered elsewhere | 2010-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2010-12-31 | $0 |
| Other income received | 2010-12-31 | $88,846 |
| Noncash contributions received | 2010-12-31 | $0 |
| Net income (gross income less expenses) | 2010-12-31 | $257,224 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $1,608,053 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,350,829 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $91,669 |
| 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 |
| 2009 : MAGALDI & MAGALDI, INC. PROFIT SHARING PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
| 2011: MAGALDI & MAGALDI, INC. PROFIT SHARING PLAN 2011 form 5500 responses |
|---|
| 2011-01-01 | Type of plan entity | Single employer plan |
| 2011-01-01 | Submission has been amended | No |
| 2011-01-01 | This submission is the final filing | No |
| 2011-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2011-01-01 | Plan is a collectively bargained plan | No |
| 2011-01-01 | Plan funding arrangement – Insurance | Yes |
| 2011-01-01 | Plan funding arrangement – Trust | Yes |
| 2011-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2011-01-01 | Plan benefit arrangement - Trust | Yes |
| 2010: MAGALDI & MAGALDI, INC. PROFIT SHARING PLAN 2010 form 5500 responses |
|---|
| 2010-01-01 | Type of plan entity | Single employer plan |
| 2010-01-01 | Submission has been amended | No |
| 2010-01-01 | This submission is the final filing | No |
| 2010-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2010-01-01 | Plan is a collectively bargained plan | No |
| 2010-01-01 | Plan funding arrangement – Insurance | Yes |
| 2010-01-01 | Plan funding arrangement – Trust | Yes |
| 2010-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2010-01-01 | Plan benefit arrangement - Trust | Yes |
| 2009: MAGALDI & MAGALDI, INC. PROFIT SHARING PLAN 2009 form 5500 responses |
|---|
| 2009-01-01 | Type of plan entity | Single employer plan |
| 2009-01-01 | Submission has been amended | No |
| 2009-01-01 | This submission is the final filing | No |
| 2009-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2009-01-01 | Plan is a collectively bargained plan | No |
| 2009-01-01 | Plan funding arrangement – Insurance | Yes |
| 2009-01-01 | Plan funding arrangement – Trust | Yes |
| 2009-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2009-01-01 | Plan benefit arrangement - Trust | Yes |
