Employers › MAG DS
Recordkeeping fees per participant · MAG DS Corp. 401(k) Plan · plan year 2024
$85.96
Higher than 64% of the 5,847 plans $50 to 250M that report it.
= $99,718 / 1,160
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251029141905NAL0000677971001, received 2025-10-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251029141905NAL0000677971001, received 2025-10-29
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-29.
Administrative expenses excluding investment management, per participant
$85.92
Higher than 45% of the 8,758 plans $50 to 250M that report it.
= $99,670 / 1,160
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251029141905NAL0000677971001, received 2025-10-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251029141905NAL0000677971001, received 2025-10-29
Administrative expenses per participant
$207.54
Higher than 72% of the 9,042 plans $50 to 250M that report it.
= $240,744 / 1,160
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251029141905NAL0000677971001, received 2025-10-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251029141905NAL0000677971001, received 2025-10-29
Administrative expenses as a share of assets
0.211%
Higher than 72% of the 9,049 plans $50 to 250M that report it.
= $240,744 / $114,021,826
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251029141905NAL0000677971001, received 2025-10-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251029141905NAL0000677971001, received 2025-10-29
Employer contributions per participant
$2,754
Higher than 50% of the 9,105 plans $50 to 250M that report it.
= $3,195,035 / 1,160
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251029141905NAL0000677971001, received 2025-10-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251029141905NAL0000677971001, received 2025-10-29
Employer share of total contributions
25.0%
Higher than 34% of the 9,112 plans $50 to 250M that report it.
= $3,195,035 / $12,796,314
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251029141905NAL0000677971001, received 2025-10-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251029141905NAL0000677971001, received 2025-10-29
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251029141905NAL0000677971001, received 2025-10-29
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MAG DS CORP. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Plan name | MAG DS CORP. 401K PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Sponsor EIN / plan number | 80-0452944 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Sponsor location | FAIRFAX, VA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Industry (business code) | 561600, Administrative and support and waste management services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Filing received | 2025-10-29 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Participants, beginning of year | 1,577 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Active participants | 875 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Participants, end of year | 1,421 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Participants with an account balance | 1,160 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Total assets, beginning of year | $106,132,769 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Total assets, end of year | $114,021,826 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Net assets, end of year | $114,021,826 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Total income | $27,152,365 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Net income | $7,889,057 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Employer contributions | $3,195,035 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Participant contributions | $8,090,273 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Other contributions (incl. rollovers) | $1,511,006 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Total contributions | $12,796,314 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Benefit payments | $19,021,748 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Total expenses (incl. benefit payments) | $19,263,308 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Total administrative expenses | $240,744 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Contract administrator fees | $-48 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Recordkeeping fees | $99,718 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Investment advisory and management fees | $141,074 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Administrative expenses excluding investment management | $99,670 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Held in common/collective trusts | $51,360,804 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Held in mutual funds | $58,050,559 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251029141905NAL0000677971001, received 2025-10-29 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251029141905NAL0000677971001, received 2025-10-29 |
Position = column in the DOL layout for form year 2024. Filing 20251029141905NAL0000677971001, received 2025-10-29.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INCrecordkeeper | NONE | 15 Recordkeeping and information management; 26 Investment advisory (participants); 50 Direct payment from the plan; 64 Recordkeeping fees | $162,615 | no |
| THE CAPITAL GROUP INVESTMENT A | NONE | 28 Investment management; 50 Direct payment from the plan | $62,264 | no |
| THE BALDWIN GROUP WEALTH ADVISORS | NONE | 28 Investment management; 50 Direct payment from the plan | $15,914 | no |
| CHARLES SCHWAB & CO.,INC. | NONE | 33 Securities brokerage; 50 Direct payment from the plan; 62 Float revenue; 71 Securities brokerage commissions and fees; 59 Shareholder servicing fees | $182 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251029141905NAL0000677971001, received 2025-10-29.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $106,132,769 | $114,021,826 | 7.4% |
| Participants with a balance | 1,259 | 1,160 | -7.9% |
| Administrative expenses | $209,830 | $240,744 | 14.7% |
| Recordkeeping fees per participant | $80.74 | $85.96 | 6.5% |
| Employer contributions | $3,562,778 | $3,195,035 | -10.3% |
Prior filing 20240710125640NAL0024051104001, received 2024-07-10; the plan years are contiguous.
Sponsor name as filed: MAG DS CORP.; SEC registrant: MAG DS Corp. (CIK 1571623, matched by EIN).