How big is Magnadrive Corporation's plan?

Magnadrive Corporation's plan reported $127K in assets and 5 participants for 2024.

Original filing (PDF)20250718062722NAL0000614035001

Magnadrive Corporation

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

Form 5500-SF

FILING_RECEIVED

Magnadrive Corporation 401(k)

401(k) retirement plan · Magnadrive Corporation's Magnadrive Corporation 401(k) held $127K in plan assets for 5 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$127K

Net assets (EOY)

$127K

People on this filing

Nick Rice signed Magnadrive Corporation's 2024 Form 5500 as plan administrator.

Nick Rice — 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

Magnadrive Corporation's EIN is 91-1957320.

EIN 91-1957320

Plan number 002

Plan year 2024

ACK ID 20250718062722NAL0000614035001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

Magnadrive Corporation'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 MAGNADRIVE CORPORATION.

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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

Knocking points off