National Magnetics Group, Inc. 401(k) Plan: Login, Facts & Contact Information
National Magnetics Group, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2024 filing.
National Magnetics Group, Inc. 401(k) Plan Facts
Source: Form 5500-SF for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed May 28, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $607,098 went into the plan in contributions, $210,902 of it from the employer (35%).
- $1.44 million was paid out to participants.
- Investment and other income added $1.15 million.
How the National Magnetics Group, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 134 | $5.80 million | $200,976 | $107,733 |
| 2020 | 151 | $7.24 million | $210,091 | $194,875 |
| 2021 | 147 | $8.91 million | $211,657 | $172,393 |
| 2022 | 115 | $7.55 million | $217,131 | $363,753 |
| 2023 | 116 | $9.31 million | $226,498 | $276,998 |
| 2024 | 116 | $9.60 million | $210,902 | $1.44 million |
National Magnetics Group, Inc. 401(k) Contact Information
Questions about the National Magnetics Group, Inc. 401(k)
Does National Magnetics Group, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $210,902, 35% of all contributions.
Does the National Magnetics Group, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the National Magnetics Group, Inc 401(k) plan?
116 participants at the start of plan year 2024, 96 of them active employees.
What is the average 401(k) balance at National Magnetics Group, Inc?
About $105,484 per account: $9.60 million in plan assets across 91 accounts with a balance at the end of plan year 2024.
Who manages the National Magnetics Group, Inc 401(k) accounts?
ADP Retirement Services is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at National Magnetics Group, Inc. How do I access my 401(k)?
Your account stays with ADP Retirement Services 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.