How big is Thortsen Magnetics Co.'s plan?

Thortsen Magnetics Co.'s plan reported $1.1M in assets and 5 participants for 2024.

Original filing (PDF)20250813094922NAL0008010275001

Thortsen Magnetics Co.

Name: Thortsen Magnetics Co. — Thortsen Magnetics 401(k), Form 5500 (2024)
Creator: Thortsen Magnetics Co.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Thortsen Magnetics 401(k) Plan

401(k) retirement plan · Thortsen Magnetics Co.'s Thortsen Magnetics 401(k) Plan held $1.1M in plan assets for 5 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$1.1M

Net assets (EOY)

$1.1M

Plan identifiers

Thortsen Magnetics Co.'s EIN is 56-1178200.

EIN 56-1178200

Plan number 001

Plan year 2024

ACK ID 20250813094922NAL0008010275001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Thortsen Magnetics Co. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Thortsen Magnetics Co.'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