How big is Magna-Power Electronics, Inc.'s plan?

Magna-Power Electronics, Inc.'s plan reported $3.3M in assets and 101 participants for 2024.

Original filing (PDF)20250714144703NAL0001175153001

Magna-Power Electronics, Inc.

Name: Magna-Power Electronics, Inc. — Magna-Power 401(k), Form 5500 (2024)
Creator: Magna-Power Electronics, Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Magna-Power 401(k) Plan

401(k) retirement plan · Magna-Power Electronics, Inc.'s Magna-Power 401(k) Plan held $3.3M in plan assets for 101 participants in 2024.

Active participants

101

Accounts w/ balance

101

Plan assets (EOY)

$3.3M

Net assets (EOY)

$3.3M

Plan identifiers

Magna-Power Electronics, Inc.'s EIN is 22-2626767.

EIN 22-2626767

Plan number 001

Plan year 2024

ACK ID 20250714144703NAL0001175153001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Magna-Power Electronics, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Magna-Power Electronics, Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for MAGNA-POWER ELECTRONICS, INC..

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Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off