Mg2 Corporation 401(k) Plan: Login, Facts & Contact Information
Mg2 Corporation 401(k) Login
156 former Mg2 Corporation employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Mg2 Corporation 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 29, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $4.06 million went into the plan in contributions, $817,433 of it from the employer (20%).
- $3.43 million was paid out to participants.
- Investment and other income added $6.39 million.
- Administrative expenses were $187,288, about $357 per account.
How the Mg2 Corporation 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 425 | $32.3 million | $530,398 | $1.20 million |
| 2020 | 447 | $36.1 million | $451,081 | $2.66 million |
| 2021 | 436 | $42.0 million | $698,623 | $2.88 million |
| 2022 | 520 | $35.2 million | $720,890 | $3.39 million |
| 2023 | 561 | $43.4 million | $845,278 | $2.49 million |
| 2024 | 571 | $50.3 million | $817,433 | $3.43 million |
Mg2 Corporation 401(k) Contact Information
Questions about the Mg2 Corporation 401(k)
Does Mg2 Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $817,433, 20% of all contributions.
Does the Mg2 Corporation 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Mg2 Corporation 401(k) plan?
571 participants at the start of plan year 2024, 388 of them active employees, and 156 former employees who still had money in the plan.
What is the average 401(k) balance at Mg2 Corporation?
About $95,900 per account: $50.3 million in plan assets across 524 accounts with a balance at the end of plan year 2024.
Who manages the Mg2 Corporation 401(k) accounts?
Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Mg2 Corporation. How do I access my 401(k)?
Your account stays with Empower 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.