401(k) · DOL Form 5500 · 2022

Magnificus Corporation 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
264
Participants Below avg headcount
34th
Percentile by assets National rank
$7,904
Avg per participant Low balance/head
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Official DOL plan name: Magnificus Corporation 401(k) Plan · Sponsored by Magnificus Corporation · Maryland · Healthcare & Social Assistance

$2M in assets, 264 participants

Magnificus Corporation's Magnificus Corporation 401(k) Plan reported $2M in total assets and 264 participants in its 2022 DOL Form 5500 filing, ranking in the 34th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,175 in Healthcare & Social Assistance (20,060 peers)

Coverage in Maryland

Magnificus Corporation 401(k) Plan covers 264 participants in Maryland, about 28% of the average Maryland filer (state average ~929 per filing). Assets: $2M.

#7,175
in Healthcare & Social Assistance (20,060 peers)
-29.6%
assets change YoY

The plan reported a net loss of $876K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Magnificus Corporation 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Magnificus Corporation 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,086,775 34th percentile higher than 34% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Magnificus Corporation 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magnificus Corporation 401(k) Plan sits mid-pack in the medium band (264 participants).

Published 5500 schedule card

Filing strip 522220795 · Magnificus Corporation PY 2022 · 401(k)

Magnificus Corporation 401(k) Plan · $2M · 264 · 34th

  • EOY $2M
  • EOY 264
  • EOY 34th
  • EOY 401(k)
  • EOY near Blended Waxes, Inc. 401(k) Profit Sharing Plan
  • EOY ind #7175

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Maryland →

Magnificus Corporation 401(k) Plan in the asset neighbourhood

Magnificus Corporation 401(k) PlanMagnificus Corporation 401(k…$2MBlended Waxes, Inc. 401(k) Profit Sharing PlanBlended Waxes, Inc. 401(k) P…$2MGreystone Logistics 401(k) PlanGreystone Logistics 401(k) P…$2MNoble Casing, Inc. 401(k) Profit Sharing PlanNoble Casing, Inc. 401(k) Pr…$2MEmerging 1, Inc$2M
End-of-year total assets ($M) among Magnificus Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income-$876K
Employer EIN522220795
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnificus Corporation)

Sponsor-wide plan assets over time

All Magnificus Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3M 48.15104647122953% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $2.09M $3.09M ▲ +47.8%
Year Plans Participants Total Assets
2022 1 264 $2M
2023 1 272 $3M
2024 1 288 $3M

Nearby 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Magnificus Corporation 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Magnificus Corporation 401(k) Plan, Total assets ($B): 0.002086775 · Participants: 264Magnificus Corporation 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Magnificus Corporation 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Magnificus Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Blended Waxes, Inc. 401(k) Profit Sharing Plan in WI ($2M); by covered participants it is Paramont Mfg LLC Retirement Plan in VA (264 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Similar participant headcount

Nearest other-state filings by covered participants (264 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Magnificus Corporation 401(k) Plan assets move in 2022?
Magnificus Corporation 401(k) Plan declined sharply - down 29.6% during 2022, from $3M to $2M. Reported net income was -$876K.
How have Magnificus Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Magnificus Corporation's sponsor-wide assets grew 48.2%, from $2M to $3M.
Which 401(k) plans are similar in size to Magnificus Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Blended Waxes, Inc. 401(k) Profit Sharing Plan in WI ($2M, 54 participants).
Which 401(k) plans cover a similar participant headcount to Magnificus Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Paramont Mfg LLC Retirement Plan in VA (264 participants, $8M in assets).