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Original filing (PDF)20251010134920NAL0004674755005
MAGNA INTERNATIONAL OF AMERICA, INC.
Form 5500
FILING_RECEIVED
MAGNA U.S. CONSOLIDATED PENSION PLAN
Defined-benefit pension plan
Signals · 3
32% in single holdingNo recordkeeper disclosed7 service providers
Active participants
339
Accounts w/ balance
—
Plan assets (EOY)
$151.0M
Net assets (EOY)
$150.9M
How this plan invests
This plan
10 pooled trusts
Schedule D
19 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
84
Total plan cost
65
Vendor stack
55
Participation health
100
Knocking points off
- Top holding "Goldman Sachs Long Duration Credit Fund" is 32% of plan.
- 69 bps in Schedule C fees — 593% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
- Plan is frozen (1I) — no new benefit accrual.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MAGNA INTERNATIONAL OF AMERICA, INC..
Plan sponsor
Name
MAGNA INTERNATIONAL OF AMERICA, INC.
EIN
98-0095901
Address
—
Phone
(905) 726-7345
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
005
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Pension benefit codes
1A · Pay-related DB formula
1I · Frozen plan — no new benefit accrual
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
GJC CPA'S & ADVISORS
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
7 rowsCustodian
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| THE NORTHERN TRUST COMPANY | 36-1561860 | — | TRUSTEE AND CUSTODIAN | $98K | — |
Advisor / Consultant
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | INVESTMENT ADVISOR | $531K | — |
| GOLDMAN SACHS ASSET MANAGEMENT | 36-3177449 | — | INVESTMENT ADVISOR | $354K | — |
| STATE STREET RESEARCH & MANAGEMENT | 13-3142135 | — | INVESTMENT ADVISOR | $5K | — |
Accountant / Auditor
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GJC CPA'S & ADVISORS | 38-2029668 | — | AUDITOR | $25K | — |
| BDO USA, P.A. | 13-5381590 | — | AUDITOR | $25K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| DICKINSON WRIGHT PLLC | 38-1364333 | — | LEGAL COUNSIL | $7K | — |
Investments
9 direct securities · 10 pooled funds· $150.9M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$120.6M
8 holdings
Uncategorized
$19.9M
9 holdings
Pooled Separate Account
$10.4M
2 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| LONG DURATION CREDIT FUND GOLDMAN SACHS TRUST COMPANY · EIN 13-4166989 / PN 026 | Common Collective Trust | 3,317,334 | $42.8M | $48.5M | 32.1% | |
| INTERMEDIATE DURATION CREDIT FUND GOLDMAN SACHS TRUST COMPANY · EIN 13-4166989 / PN 034 | Common Collective Trust | 3,601,579 | $38.9M | $39.9M | 26.4% | |
| S&P 500 FLAGSHIP NON-LENDING FUND STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-0025081 / PN 004 | Common Collective Trust | 7,569 | $5.7M | $12.1M | 8.0% | |
| PRIVATE CREDIT TRUST FUND VOYA INVESTMENT TRUST COMPANY · EIN 06-1440627 / PN 095 | Common Collective Trust | 7,300,000 | $7.3M | $8.3M | 5.5% | |
| PRIVATE PLACEMENT DEBT SEP. ACCT. PRUDENTIAL INSURANCE COMPANY OF AMERICA · EIN 22-1211670 / PN 020 | Pooled Separate Account | 191 | $7.2M | $7.8M | 5.1% | |
| MSCI EAFE 100% HEDGED INDEX FUND STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 90-0337987 / PN 455 | Common Collective Trust | 315,597 | $4.5M | $7.0M | 4.7% | |
| The Northern Trust Company | — | — | $5.3M | $5.3M | 3.5% | |
| Northern Trust Collective Government Short-Term Investment Fund | — | 4,921,495 | $4.9M | $4.9M | 3.3% | |
| Goldman Sachs Multi-Manager Non-Core Fixed Income Fund | — | 617,152 | $5.5M | $4.6M | 3.1% | |
| LIQUID ASSETS SEP. ACCT. Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 024 | Pooled Separate Account | 40,126 | $2.6M | $2.6M | 1.7% | |
| MSCI EMERGING MARKETS INDEX FUND STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 75-6661332 / PN 001 | Common Collective Trust | 56,536 | $1.7M | $1.9M | 1.2% | |
| RUSSELL 2000 INDEX NON-LENDING FUND STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-0025081 / PN 013 | Common Collective Trust | 10,505 | $1.2M | $1.8M | 1.2% | |
| Goldman Sachs Multi-Manager Real Assets Strategy Fund | — | 161,181 | $1.5M | $1.5M | 1.0% | |
| U.S. Treasury bonds | — | — | $1.7M | $1.2M | 0.8% | |
| MSCI EAFE SMALL CAP INDEX FUND STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 90-0337987 / PN 164 | Common Collective Trust | 56,810 | $954K | $1.1M | 0.8% | |
| U.S. Treasury bonds | — | — | $1.5M | $982K | 0.7% | |
| U.S. Treasury bonds | — | — | $1.2M | $897K | 0.6% | |
| CDX BOFAGB2U, maturity date June 20, 2027 | — | 22,000,000 | $235K | $395K | 0.3% | |
| Goldman Sachs Core Fixed Income Fund, Class R6 | — | — | $4 | $4 | <0.1% |