How big is Magnify Payroll LLC's plan?

Magnify Payroll LLC's plan reported $42K in assets and 12 participants for 2024.

Original filing (PDF)20250718105447NAL0002439920001

Magnify Payroll LLC

Name: Magnify Payroll LLC — Magnify Payroll LLC 401(k), Form 5500 (2024)
Creator: Magnify Payroll LLC
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Magnify Payroll LLC 401(k) Plan

401(k) retirement plan · Magnify Payroll LLC's Magnify Payroll LLC 401(k) Plan held $42K in plan assets for 12 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$42K

Net assets (EOY)

$42K

People on this filing

Marcus Bowie signed Magnify Payroll LLC's 2024 Form 5500 as plan administrator.

Marcus Bowie — 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

Magnify Payroll LLC's EIN is 88-0641680.

EIN 88-0641680

Plan number 001

Plan year 2024

ACK ID 20250718105447NAL0002439920001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Magnify Payroll LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Magnify Payroll 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 MAGNIFY PAYROLL LLC.

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Plan health score

Above-average plan

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