Mag Aerospace Industries, Llc 401(k) Plan: Login, Facts & Contact Information

Mag Aerospace Industries, Llc 401(k) Plan Facts

Plan name
MAG SAVINGS PLAN
Plan type
401(k) with employer contributions
Plan sponsor
MAG AEROSPACE INDUSTRIES, LLC
Participants
337 (212 active employees)
Former employees with a balance
136
Plan assets
$66,693,499 at Dec 31, 2024
Average account balance
$206,481 across 323 accounts
Employer contributions
$1,147,924 in plan year 2024 (33% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Mar 1, 1990
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.53 million went into the plan in contributions, $1.15 million of it from the employer (33%).
  • $6.50 million was paid out to participants.
  • Investment and other income added $8.32 million.
  • Administrative expenses were $97,755, about $303 per account.

How the Mag Aerospace Industries, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019396$55.0 million$1.53 million$3.67 million
2020422$60.5 million$1.65 million$5.90 million
2021395$66.4 million$1.47 million$6.83 million
2022374$53.1 million$1.23 million$5.39 million
2023358$60.9 million$1.18 million$4.72 million
2024337$66.7 million$1.15 million$6.50 million

Mag Aerospace Industries, Llc 401(k) Contact Information

Phone
310-884-7000
Mailing address
1500 GLENN CURTISS STREET, CARSON CA 90746
Plan sponsor
MAG AEROSPACE INDUSTRIES, LLC
Employer identification number (EIN)
26-3112085
Plan number
002

Questions about the Mag Aerospace Industries, Llc 401(k)

Does Mag Aerospace Industries, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.15 million, 33% of all contributions.

Does the Mag Aerospace Industries, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Mag Aerospace Industries, Llc 401(k) plan?

337 participants at the start of plan year 2024, 212 of them active employees, and 136 former employees who still had money in the plan.

What is the average 401(k) balance at Mag Aerospace Industries, Llc?

About $206,481 per account: $66.7 million in plan assets across 323 accounts with a balance at the end of plan year 2024.

Who manages the Mag Aerospace Industries, Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Mag Aerospace Industries, Llc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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