How big is Magmotor Technologies, Inc.'s plan?

Magmotor Technologies, Inc.'s plan reported $651K in assets and 7 participants for 2024.

Original filing (PDF)20250520125411NAL0001146193001

Magmotor Technologies, Inc.

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

Form 5500-SF

FILING_RECEIVED

Magmotor 401(k) Investment Plan

401(k) retirement plan · Magmotor Technologies, Inc.'s Magmotor 401(k) Investment Plan held $651K in plan assets for 7 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$651K

Net assets (EOY)

$651K

Plan identifiers

Magmotor Technologies, Inc.'s EIN is 26-3434991.

EIN 26-3434991

Plan number 001

Plan year 2024

ACK ID 20250520125411NAL0001146193001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Magmotor Technologies, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

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

Decision-maker contacts

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Plan health score

Top-tier plan health

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

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High account-holder ratio — balance-holders per active participant in the top 15% of peers (90th percentile).

Plan sponsor

Name

MAGMOTOR TECHNOLOGIES, INC.

EIN

all filings

Address

10 COPPAGE DRIVE · WORCESTER, MA · 01603

Phone

(508) 835-4305

Industry

Engineering Services· Professional & Technical Services

Plan administrator