Magnesium Products Of America, Inc. 401(k) Plan: Login, Facts & Contact Information
Magnesium Products Of America, Inc. 401(k) Login
93 former Magnesium Products Of America, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Magnesium Products Of America, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 14, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $2.20 million went into the plan in contributions, $789,251 of it from the employer (36%).
- $3.78 million was paid out to participants.
- Investment and other income added $4.02 million.
- Administrative expenses were $109,198, about $272 per account.
How the Magnesium Products Of America, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 430 | $27.1 million | $785,391 | $2.47 million |
| 2020 | 690 | $31.2 million | $1.04 million | $3.92 million |
| 2021 | 454 | $34.4 million | $766,806 | $2.69 million |
| 2022 | 494 | $25.8 million | $819,787 | $4.80 million |
| 2023 | 487 | $28.3 million | $915,475 | $4.14 million |
| 2024 | 491 | $30.6 million | $789,251 | $3.78 million |
Magnesium Products Of America, Inc. 401(k) Contact Information
Questions about the Magnesium Products Of America, Inc. 401(k)
Does Magnesium Products Of America, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $789,251, 36% of all contributions.
Does the Magnesium Products Of America, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Magnesium Products Of America, Inc 401(k) plan?
491 participants at the start of plan year 2024, 351 of them active employees, and 93 former employees who still had money in the plan.
What is the average 401(k) balance at Magnesium Products Of America, Inc?
About $76,163 per account: $30.6 million in plan assets across 402 accounts with a balance at the end of plan year 2024.
Who manages the Magnesium Products Of America, Inc 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Magnesium Products Of America, Inc. How do I access my 401(k)?
Your account stays with Principal 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.