How big is MEGA International, LLC's plan?

MEGA International, LLC's plan reported $17.8M in assets and 1,134 participants for 2023.

Original filing (PDF)20240223151535NAL0009950098001

MEGA International, LLC

Name: MEGA International, LLC — MEGA International, LLC, Form 5500 (2023)
Creator: MEGA International, LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

MEGA International, LLC 401(k) Plan

401(k) retirement plan · MEGA International, LLC's MEGA International, LLC 401(k) Plan held $17.8M in plan assets for 1,134 participants in 2023, with Empower as recordkeeper.

Signals · 3

Late filing · 27.2 moNon-clean audit opinionCorrective distributions issued

Active participants

1,134

Accounts w/ balance

1,162

Plan assets (EOY)

$17.8M

Net assets (EOY)

$17.5M

People on this filing

Plan Sponsor signed MEGA International, LLC's 2023 Form 5500 as plan administrator.

Plan Sponsor — 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

MEGA International, LLC's EIN is 81-1823104.

EIN 81-1823104

Plan number 001

Plan year 2023

ACK ID 20240223151535NAL0009950098001

Official Form 5500 document

Download the official 2023 Form 5500 (PDF) for MEGA International, LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2023 Form 5500 (PDF)

Plan features

MEGA International, LLC's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, automatic enrollment, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for MEGA INTERNATIONAL, LLC.

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How this plan invests

This plan

28 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Below-average — multiple flags

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.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Filed 27.2 months past the 10.5-month grace window.
Corrective distributions issued (likely failed ADP/ACP testing).
Auditor issued a qualified / adverse / disclaimer opinion.
Total administrative cost in the bottom quartile of peers (11th percentile).
Bottom-decile employer contributions per participant (2nd percentile).

Plan sponsor

Name

MEGA INTERNATIONAL, LLC

EIN

all filings

Address

9720 WILSHIRE BLVD 6TH FLOOR · BEVERLY HILLS, CA · 90212

Phone

(310) 341-0894

Industry

Management of Companies / Holdings

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2023

Plan year begin

2020-01-01

Tax period

2020-12-31

Filed

2024-02-23

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2S · Automatic enrollment

2T · Default investment account (QDIA)

3B · Covers self-employed individuals

3D · Pre-approved plan (master / prototype / VS)

Service providers (Schedule C)

3 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
GREAT-WEST LIFE & ANNUITY INSURANCE	—	GREENWOOD VILLAGE, CO	RECORDKEEPER	$59K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
CAMBRIDGE INVESTMENT GROUP	—	FAIRFIELD, IA	INVESTMENT ADVISOR	$52K	—

Investments

28 direct securities· $17.8M(100% of reported assets)

Mutual Funds

$13.0M

17 holdings

Common Collective Trusts

$2.4M

5 holdings

Other securities

$2.2M

5 holdings

Bonds / Notes

$169K

1 holding

					% of plan
American Funds 2010 Target Date Retirement Fd Mutual Fund	Mutual Funds	—	—	$3.2M	17.8%
American Funds 2030 Target Date Retirement Fd Mutual Fund	Mutual Funds	—	—	$2.2M	12.3%
American Funds 2035 Target Date Retirement Fd Mutual Fund	Mutual Funds	—	—	$1.3M	7.3%
American Funds 2045 Target Date Retirement Fd Mutual Fund	Mutual Funds	—	—	$1.0M	5.7%
American Funds 2020 Target Date Retirement Fd Mutual Fund	Mutual Funds	—	—	$968K	5.4%
Vanguard 500 Index Fund Mutual Fund	Common Collective Trusts	—	—	$942K	5.3%
Key Guaranteed Portfolio Fund Fixed Annuity	Other securities	—	—	$912K	5.1%
American Funds 2055 Target Date Retirement Fd Mutual Fund	Mutual Funds	—	—	$818K	4.6%
American Funds 2040 Target Date Retirement Fd Mutual Fund	Mutual Funds	—	—	$817K	4.6%
Vanguard Small-Cap Index Fund Mutual Fund	Common Collective Trusts	—	—	$654K	3.7%
American Funds 2025 Target Date Retirement Fd Mutual Fund	Mutual Funds	—	—	$650K	3.7%
American Funds 2050 Target Date Retirement Fd Mutual Fund	Mutual Funds	—	—	$520K	2.9%
Western Asset Core Bond Fund Mutual Fund	Other securities	—	—	$487K	2.7%
Vanguard International Growth Fund Mutual Fund	Mutual Funds	—	—	$465K	2.6%
Vanguard Total International Stock Index Fund Mutual Fund	Common Collective Trusts	—	—	$394K	2.2%
Loomis Sayles Core Plus Bond Fund Mutual Fund	Other securities	—	—	$368K	2.1%
Vanguard Equity-Income Fund Mutual Fund	Mutual Funds	—	—	$277K	1.6%
Victory Sycamore Established Value Fund Mutual Fund	Other securities	—	—	$231K	1.3%
American Funds 2060 Target Date Retirement Fd Mutual Fund	Mutual Funds	—	—	$223K	1.3%
T. Rowe Price Blue Chip Growth Fund Mutual Fund	Other securities	—	—	$215K	1.2%
Vanguard Real Estate Index Fund Mutual Fund	Common Collective Trusts	—	—	$214K	1.2%
Vanguard Mid-Cap Index Fund Mutual Fund	Common Collective Trusts	—	—	$186K	1.0%
American Funds 2015 Target Date Retirement Fd Mutual Fund	Mutual Funds	—	—	$178K	1.0%
participants 10.25%	Bonds / Notes	—	—	$169K	1.0%
Janus Henderson Enterprise Fund Mutual Fund	Mutual Funds	—	—	$163K	0.9%
Invesco Global Opportunities Fund Mutual Fund	Mutual Funds	—	—	$152K	0.9%
Invesco Developing Markets Fund Mutual Fund	Mutual Funds	—	—	$79K	0.4%
Fidelity Advisor Small Cap Growth Fund Mutual Fund	Mutual Funds	—	—	$20K	0.1%