401(k) · DOL Form 5500 · 2022

Magneco/Metrel, Inc 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
64
Participants Small participant base
78th
Percentile by assets National rank
$325,873
Avg per participant High balance/head
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Official DOL plan name: Magneco Metrel, Inc. 401(k) Plan and Trust · Sponsored by Magneco/Metrel, Inc · Illinois · Manufacturing

$21M in assets, 64 participants

Magneco/Metrel, Inc's Magneco Metrel, Inc. 401(k) Plan and Trust reported $21M in total assets and 64 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #14,209 in Manufacturing (20,602 peers)

Where Magneco Metrel, Inc. 401(k) Plan and Trust sits by assets

Magneco Metrel, Inc. 401(k) Plan and Trust sits in the top quartile of all filed plans by assets, $21M for 64 participants (~$325,873/participant), down 16.3% in 2022.

#14,209
in Manufacturing (20,602 peers)
-16.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Magneco Metrel, Inc. 401(k) Plan and Trust's outsized position by total assets

Magneco Metrel, Inc. 401(k) Plan and Trust vs every filed plan by assets

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

$20,855,866 Top 22% higher than 78% 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

Magneco Metrel, Inc. 401(k) Plan and Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magneco Metrel, Inc. 401(k) Plan and Trust is a small filing (64 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 341191723 · Magneco/Metrel, Inc PY 2022 · 401(k)

Magneco Metrel, Inc. 401(k) Plan and Trust · $21M · 64 · 78th

  • PHOTO $21M
  • IND 64
  • EOY 78th
  • 5500 401(k)
  • ASSETS near Nagrastar 401(k) Savings and Retirement Plan
  • PCT ind #14209

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 Manufacturing retirement plans → · Plans in Illinois →

Magneco Metrel, Inc. 401(k) Plan and Trust in the asset neighbourhood

Magneco Metrel, Inc. 401(k) Plan and TrustMagneco Metrel, Inc. 401(k) …$21MNagrastar 401(k) Savings and Retirement PlanNagrastar 401(k) Savings and…$21MHampton Products International Corporation 401(k) PlanHampton Products Internation…$21MGen II Management, LLC 401(k) PlanGen II Management, LLC 401(k…$21MDickson Medical Associates Profit Sharing PlanDickson Medical Associates P…$21M
End-of-year total assets ($M) among Magneco Metrel, Inc. 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$21M
Net Income-$4M
Employer EIN341191723
Plan Effective Date1978-05-18
Filing StatusFILING RECEIVED

Sponsor Plan History (Magneco/Metrel, Inc)

Sponsor-wide plan assets over time

All Magneco/Metrel, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$29M 38.57270180005951% vs 2022
2024 filing year
$20M$25M$30M 202220232024 $20.9M $28.9M ▲ +38.5%
Year Plans Participants Total Assets
2022 1 64 $21M
2023 1 114 $26M
2024 1 138 $29M

Nearby 401(k) Plans in Illinois

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

Magneco Metrel, Inc. 401(k) Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Magneco Metrel, Inc. 401(k) Plan and Trust, Total assets ($B): 0.020855866 · Participants: 64Magneco Metrel, Inc. 401(k) Plan and TrustState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Magneco Metrel, Inc. 401(k) Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Magneco Metrel, Inc. 401(k) Plan and Trust side-by-side with 3 peers →

Magneco Metrel, Inc. 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Nagrastar 401(k) Savings and Retirement Plan in CO ($21M); by covered participants it is Boise Floor Covering and Design Profit Sharing and 401(k) Plan in ID (64 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (64 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 Magneco Metrel, Inc. 401(k) Plan and Trust assets move in 2022? ▼
Magneco Metrel, Inc. 401(k) Plan and Trust declined sharply - down 16.3% during 2022, from $25M to $21M. Reported net income was -$4M.
How have Magneco/Metrel, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magneco/Metrel, Inc's sponsor-wide assets grew 38.6%, from $21M to $29M.
Where does Magneco Metrel, Inc. 401(k) Plan and Trust rank by assets among Form 5500 filers? ▼
Magneco Metrel, Inc. 401(k) Plan and Trust ranks in the 78th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Magneco Metrel, Inc. 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Nagrastar 401(k) Savings and Retirement Plan in CO ($21M, 79 participants).
Which 401(k) plans cover a similar participant headcount to Magneco Metrel, Inc. 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Boise Floor Covering and Design Profit Sharing and 401(k) Plan in ID (64 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 341191723.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.