Department of Labor filing

MAGNA HOSPITALITY GROUP, L.C.

MY NEST EGG 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Jan 7, 2026Verified current terms Not available

Plan at a glance

How good does the filing look?

19filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$254

Reported employer contributions per active participant.

Higher than about 19% of comparable plans

#People in the filing

2,870

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$77 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 19% of comparable plans

↗Investment performance

Not available

Plan assets changed 18.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202419out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions19th percentileTypical peer $538 · based on 68 comparable plans

Lower reported administrative expense19th percentileTypical peer $44 · based on 70 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, MAGNA HOSPITALITY GROUP, L.C. reported $729,110 in employer contributions across the plan and 2,870 active participants. That works out to $254 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy73%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 28.3%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 6.5%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context19/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $729,110
Participant contributions: $4,164,643
Other contributions: $1,032,157
Employer share of reported contributions: 14.9%
Beginning assets: $20,027,056
Ending assets: $23,728,200
Ending net assets: $23,394,163
Ending liabilities: $334,037
Total income: $7,828,963
Total expenses: $2,136,709
Administrative expenses: $201,259
Participant loans: $373,942

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$355

2023

$362

2024

$254

Plan-paid administrative expenses per participant

2022

$82

2023

$72

2024

$77

Active participants

2022

1,608

2023

2,085

2024

2,870

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$254	2,870	23.7M	20260107123118NAL0007678625001
2023	$362	2,085	20M	20241015131909NAL0014705603001
2022	$355	1,608	13.8M	20231014141148NAL0046931456001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.6%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 650846862-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2005
Industry: Accommodation and food services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D3H

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →

Filing ACK_ID20260107123118NAL0007678625001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗