How big is Magnetic Electric Inc.'s plan?

Magnetic Electric Inc.'s plan reported $341K in assets and 7 participants for 2024.

Original filing (PDF)20250904144054NAL0016235553001

Magnetic Electric Inc.

Name: Magnetic Electric Inc. — Magnetic Electric Inc., Form 5500 (2024)
Creator: Magnetic Electric Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Magnetic Electric Inc. 401(k) Plan

401(k) retirement plan · Magnetic Electric Inc.'s Magnetic Electric Inc. 401(k) Plan held $341K in plan assets for 7 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$341K

Net assets (EOY)

$341K

People on this filing

Vanessa Valdovinos signed Magnetic Electric Inc.'s 2024 Form 5500 as plan administrator.

Vanessa Valdovinos — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Magnetic Electric Inc.'s EIN is 33-0806167.

EIN 33-0806167

Plan number 001

Plan year 2024

ACK ID 20250904144054NAL0016235553001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

Magnetic Electric 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 MAGNETIC ELECTRIC INC.

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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