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Form 5500 · Employee benefit plan · FLEMINGTON, NJ

MAGNA-POWER ELECTRONICS, INC.

MAGNA-POWER ELECTRONICS, INC. of FLEMINGTON, NJ files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is CREATIVE BENEFITS INC.. Coverage is written through PRINCIPAL LIFE INSURANCE COMPANY and 1 other carrier. The plan's most recent policy period ended in April.

Benefits broker of record
Plan renews
April

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 22-2626767 · plan 501 · as of Jul 2026

Participants
101
Carriers on file
2
Disclosed commissions
$6,009
Renewal month
April

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsCommission
PRINCIPAL LIFE INSURANCE COMPANYDental, Life104April$5,307
FIDELITY SECURITY LIFE INSURANCE COMPANYVision76April$702

Questions

Who is MAGNA-POWER ELECTRONICS, INC.'s benefits broker?

Per its most recent Form 5500 Schedule A, MAGNA-POWER ELECTRONICS, INC.'s broker of record is CREATIVE BENEFITS INC..

What insurance carrier does MAGNA-POWER ELECTRONICS, INC. use?

MAGNA-POWER ELECTRONICS, INC.'s benefit plan is written through PRINCIPAL LIFE INSURANCE COMPANY, among 2 disclosed carriers.

When does MAGNA-POWER ELECTRONICS, INC.'s group plan renew?

The most recent Schedule A policy period for MAGNA-POWER ELECTRONICS, INC. ended in April. Group plans typically renew on the same annual cycle.

Where does this data come from?

All figures are drawn from MAGNA-POWER ELECTRONICS, INC.'s public Form 5500 filing with the U.S. Department of Labor (EFAST2). Form 5500 is a public record.