Magnum Systems, Inc. 401(k) Plan: Login, Facts & Contact Information

Magnum Systems, Inc. 401(k) Plan Facts

Plan name
MAGNUM SYSTEMS, INC. SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MAGNUM SYSTEMS, INC.
Participants
103 (88 active employees)
Plan assets
$7,480,471 at Dec 31, 2024
Average account balance
$106,864 across 70 accounts
Employer contributions
$134,876 in plan year 2024 (25% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1986
✓ 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-SF for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $550,421 went into the plan in contributions, $134,876 of it from the employer (25%).
  • $770,202 was paid out to participants.
  • Investment and other income added $841,453.

How the Magnum Systems, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201982$7.75 million$109,013$2.12 million
202068$8.10 million$89,305$1.09 million
202183$7.08 million$87,570$2.20 million
202278$6.04 million$97,067$356,682
202394$6.91 million$114,346$295,839
2024103$7.48 million$134,876$770,202

Magnum Systems, Inc. 401(k) Contact Information

Phone
620-421-5550
Mailing address
2205 JOTHI AVE, PARSONS KS 673578477
Plan sponsor
MAGNUM SYSTEMS, INC.
Employer identification number (EIN)
48-1189930
Plan number
002

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

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $134,876, 25% of all contributions.

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

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

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

103 participants at the start of plan year 2024, 88 of them active employees.

What is the average 401(k) balance at Magnum Systems, Inc?

About $106,864 per account: $7.48 million in plan assets across 70 accounts with a balance at the end of plan year 2024.

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

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

I no longer work at Magnum Systems, Inc. How do I access my 401(k)?

Your account stays with John Hancock 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.

Related Companies
Headquarter: 12450 CUTTEN ROAD, HOUSTON, TX, 77066
Headquarter: 2030 FALLING WATERS RD, SUITE 350, KNOXVILLE, TN, 37922
Headquarter: 12920 SOUTHEAST 38TH STREET, BELLEVUE, WA, 98006
Headquarter: 6035 PARKLAND BLVD, CLEVELAND, OH, 441244186
Headquarter: 7820 CRESCENT EXECUTIVE DRIVE, CHARLOTTE, NC, 28217