Magid Glove & Safety Manufacturing Company, Llc 401(k) Plan: Login, Facts & Contact Information
Magid Glove & Safety Manufacturing Company, Llc 401(k) Login
127 former Magid Glove & Safety Manufacturing Company, Llc employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Magid Glove & Safety Manufacturing Company, Llc 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 24, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $5.34 million went into the plan in contributions, $2.23 million of it from the employer (42%).
- $7.18 million was paid out to participants.
- Investment and other income added $7.80 million.
- Administrative expenses were $90,693, about $137 per account.
How the Magid Glove & Safety Manufacturing Company, Llc 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 702 | $46.1 million | $1.81 million | $3.50 million |
| 2020 | 683 | $54.5 million | $2.07 million | $1.66 million |
| 2021 | 690 | $58.6 million | $1.90 million | $7.01 million |
| 2022 | 743 | $46.7 million | $1.87 million | $7.23 million |
| 2023 | 767 | $54.2 million | $2.27 million | $4.30 million |
| 2024 | 802 | $60.1 million | $2.23 million | $7.18 million |
Magid Glove & Safety Manufacturing Company, Llc 401(k) Contact Information
Questions about the Magid Glove & Safety Manufacturing Company, Llc 401(k)
Does Magid Glove & Safety Manufacturing Company, Llc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.23 million, 42% of all contributions.
Does the Magid Glove & Safety Manufacturing Company, Llc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Magid Glove & Safety Manufacturing Company, Llc 401(k) plan?
802 participants at the start of plan year 2024, 715 of them active employees, and 127 former employees who still had money in the plan.
What is the average 401(k) balance at Magid Glove & Safety Manufacturing Company, Llc?
About $91,072 per account: $60.1 million in plan assets across 660 accounts with a balance at the end of plan year 2024.
Who manages the Magid Glove & Safety Manufacturing Company, Llc 401(k) accounts?
Aspire is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Magid Glove & Safety Manufacturing Company, Llc. How do I access my 401(k)?
Your account stays with Aspire 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.