The Magna Group Of Companies Retirement Savings Plans
Sponsored by Magna International Of America, Inc. · EIN 980095901 · Plan #002
- Total assets
- $2.5B
- Net assets
- $2.5B
- Active participants
- 25,203
- With balances
- 30,444
Plan year beginning 01/01/2024 · 401(k)
Linked investment advisers
Advisory firms matched from Schedule C service providers (investment codes 26-28).
| Firm | Match | Plan year |
|---|---|---|
| Capfinancial Partners, Llc CRD 175112 | deterministic · 100% | 2024 |
| Morningstar Investment Management Llc CRD 108031 | deterministic · 100% | 2024 |
Service providers
Schedule C providers paid $5,000+ (large plans only).
| Provider | Services | Direct comp |
|---|---|---|
| Principal Life Insurance Company | Contract administrator, Participant loan processing, Direct payment from the plan | $2,335,135 |
| Capfinancial Partners Llc | Investment advisory (plan), Direct payment from the plan, Legal | $159,068 |
| Dickinson Wright Pllc | Legal, Direct payment from the plan, Accounting | $17,200 |
| Bdo Usa, P.A. | Accounting, Direct payment from the plan | $15,000 |
| Morningstar Investment Management | Investment advisory (participants), Consulting fees | $0 |