Magnum Ltl, Inc. 401(k) Plan (terminated 2010): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2010, when $1.58 million was transferred out of the plan. Assets moved to the MAGNUM, LTD. 401(K) PLAN (sponsored by MAGNUM, LTD.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the MAGNUM, LTD. 401(K) PLAN →

Magnum Ltl, Inc. 401(k) Plan Facts (plan year 2010)

Plan name
MAGNUM LOGISTICS AND LTL, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MAGNUM LTL, INC.
Participants
227
Former employees with a balance
0
Employer contributions
$7,501 in plan year 2010 (22% of all contributions)
Plan year
Jan 1, 2010 – Apr 1, 2010
Plan established
Jul 1, 1994
✓ 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 2010 (Jan 1, 2010 – Apr 1, 2010), filed Dec 17, 2010. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2010

  • $33,560 went into the plan in contributions, $7,501 of it from the employer (22%).
  • $15,539 was paid out to participants.
  • Investment and other income added $51,761.

How the Magnum Ltl, Inc. 401(k) changed, 2009–2010

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009264$1.52 million$46,373$148,461
2010 (final)227$0$7,501$15,539

Magnum Ltl, Inc. 401(k) Contact Information

Phone
701-293-8082
Mailing address
3000 7TH AVENUE NORTH, FARGO ND 58102
Plan sponsor
MAGNUM LTL, INC.
Employer identification number (EIN)
45-0417664
Plan number
001

Questions about the Magnum Ltl, Inc. 401(k)

Is the Magnum Ltl, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2010. Its assets were transferred to the MAGNUM, LTD. 401(K) PLAN.

Does Magnum Ltl, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2010 the employer contributed $7,501, 22% of all contributions.

Does the Magnum Ltl, Inc 401(k) have automatic enrollment?

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

How many people are in the Magnum Ltl, Inc 401(k) plan?

227 participants at the start of plan year 2010.

Who manages the Magnum Ltl, Inc 401(k) accounts?

Principal is the plan's recordkeeper, which is where participants log in to see their balance.

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