Magnum Precision Operations Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2013. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Magnum Precision Operations Llc 401(k) Plan Facts (plan year 2013)

Plan name
MAGNUM PRECISION OPERATIONS LLC RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MAGNUM PRECISION OPERATIONS LLC
Participants
153 (139 active employees)
Former employees with a balance
30
Plan assets
$4,000,881 at Dec 31, 2013
Average account balance
$28,578 across 140 accounts
Employer contributions
$81,209 in plan year 2013 (12% of all contributions)
Plan year
Jan 1, 2013 – Dec 31, 2013
Plan established
Jan 1, 1995
✓ 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 2013 (Jan 1, 2013 – Dec 31, 2013), filed Oct 15, 2014. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2013

  • $690,967 went into the plan in contributions, $81,209 of it from the employer (12%).
  • $269,400 was paid out to participants.
  • Investment and other income added $540,789.
  • Administrative expenses were $2,456, about $18 per account.

How the Magnum Precision Operations Llc 401(k) changed, 2012–2013

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2012110$3.05 million$67,675$138,348
2013153$4.00 million$81,209$269,400

Magnum Precision Operations Llc 401(k) Contact Information

Phone
832-436-6000
Mailing address
12450 CUTTEN ROAD, HOUSTON TX 77066
Plan sponsor
MAGNUM PRECISION OPERATIONS LLC
Employer identification number (EIN)
45-4060528
Plan number
001

Questions about the Magnum Precision Operations Llc 401(k)

Is the Magnum Precision Operations Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2013, and no later filing was found under this employer's EIN.

Does Magnum Precision Operations Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2013 the employer contributed $81,209, 12% of all contributions.

Does the Magnum Precision Operations Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Magnum Precision Operations Llc 401(k) plan?

153 participants at the start of plan year 2013, 139 of them active employees, and 30 former employees who still had money in the plan.

What is the average 401(k) balance at Magnum Precision Operations Llc?

About $28,578 per account: $4.00 million in plan assets across 140 accounts with a balance at the end of plan year 2013.

Who manages the Magnum Precision Operations Llc 401(k) accounts?

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

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