How big is Magnetic Products, Inc.'s plan?

Magnetic Products, Inc.'s plan reported $4.7M in assets and 45 participants for 2024.

Original filing (PDF)20250602123021NAL0006561619001

Magnetic Products, Inc.

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

Form 5500-SF

FILING_RECEIVED

Magnetic Products, Inc. 401(k) Plan

401(k) retirement plan · Magnetic Products, Inc.'s Magnetic Products, Inc. 401(k) Plan held $4.7M in plan assets for 45 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$4.7M

Net assets (EOY)

$4.7M

People on this filing

Kyle Rhodes signed Magnetic Products, Inc.'s 2024 Form 5500 as plan administrator.

Kyle Rhodes — 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 Products, Inc.'s EIN is 38-2323121.

EIN 38-2323121

Plan number 001

Plan year 2024

ACK ID 20250602123021NAL0006561619001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

Magnetic Products, Inc.'s plan includes profit-sharing, a 401(k) feature, ERISA 404(c) participant direction.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for MAGNETIC PRODUCTS, 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