Magnolia River International 401(k) match, vesting and fees
What Magnolia River International's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Ameritas Life Insurance Corp | Schedule C ↗ |
| Independent auditor | Frazier & Deeter LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 46 defined-contribution plans in utilities with 500 to 999 participants.
| Magnolia River International: employer contribution per participant | $2,639 | |
| Peer median | $4,869 |
| Magnolia River International: average balance | $58,357 | |
| Peer median | $141,910 |
| Magnolia River International: admin expenses ÷ assets | 0.38% | |
| Peer median | 0.11% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $37.1M at the end of plan year 2023 to $43M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 968 | $43M | $1.9M | $2,639 | 0.38% | Not published | Form 5500 ↗ |
| 2023 | 1,078 | $37.1M | $2.1M | $2,396 | 0.40% | Not published | Form 5500 ↗ |
Other Magnolia River International plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Magnolia River International, Inc. Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Findley, a Division of Usi | Schedule C ↗ |
| Independent auditor | Anglin Reichman Armstrong, P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Magnolia River International match 401(k) contributions?
The match terms for the Magnolia River International 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.9M in employer contributions, about $2,639 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Magnolia River International 401(k) match vested?
The vesting schedule for the Magnolia River International 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Magnolia River International 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Ameritas Life Insurance Corp. The plan administrator is Magnolia River International.
I left Magnolia River International. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Magnolia River International, (256) 612-1939) or the recordkeeper, Ameritas Life Insurance Corp. The Magnolia River International old 401(k) page lists the contacts from every plan filing. Find an old Magnolia River International 401(k)
Data from the public Form 5500 annual reports Magnolia River International filed with the U.S. Department of Labor (plan years 2021 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Magnolia River International. Not financial advice. Report a correction · Methodology