401(k) ยท DOL Form 5500 ยท 2022

Onemagnify 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$35M
Total assets
462
Participants
75th
Percentile by assets

Sponsored by Marketing Associates,LLC ยท Michigan ยท Professional & Technical Services

What the 2022 filing shows

Onemagnify 401(k) Plan holds $35M for 462 participants - about $76,314 per participant, in the top quartile of all filed plans by assets, down 12.0% over the 2022 plan year.

$35M
total plan assets (2022 EOY)
462
covered participants
75th
percentile by assets (of 84,055 plans)
$76,314
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$35M
Participants
462
State
Industry
Professional & Technical Services

What the Filing Says About Onemagnify 401(k) Plan

Onemagnify 401(k) Plan is a 401(k) retirement plan sponsored by Marketing Associates,LLC, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $35M in total end-of-year assets and covers 462 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 383585841, and the plan has been effective since 2001-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $40M at the beginning of 2022 to $35M at year-end - a decline of 12.0%. Net assets (after liabilities) closed the year at $35M, with reported net income of $-4,808,065 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$40M
Total Assets (End of Year)$35M
Net Assets (End of Year)$35M
Net Income$-4,808,065
Plan Type401(k)
Employer EIN383585841
Plan Effective Date2001-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Marketing Associates,LLC)

Year Plans Participants Total Assets
2022 1 462 $35M
2023 1 490 $48M
2024 1 572 $58M

Nearby 401(k) Plans in Michigan

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

Frequently Asked Questions

How much money is in the Onemagnify 401(k) Plan?
As of the 2022 Form 5500 filing, Onemagnify 401(k) Plan holds $35M in total assets with 462 participants. It is sponsored by Marketing Associates,LLC.
What type of plan is Onemagnify 401(k) Plan?
Onemagnify 401(k) Plan is a 401(k) plan. It has been effective since 2001-03-01. The plan is filed with the U.S. Department of Labor under EIN 383585841.
Who sponsors the Onemagnify 401(k) Plan?
Onemagnify 401(k) Plan is sponsored by Marketing Associates,LLC, located in Michigan. The sponsor's EIN is 383585841 and the plan operates in the Professional & Technical Services industry.
How did Onemagnify 401(k) Plan perform in 2022?
Onemagnify 401(k) Plan declined by 12.0% during 2022, moving from $40M to $35M in total assets. Net income was $-4,808,065.
Where can I find official filings for Onemagnify 401(k) Plan?
Official Form 5500 filings for Onemagnify 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 383585841 or plan name at efast.dol.gov.
How does Onemagnify 401(k) Plan compare to other plans?
You can compare Onemagnify 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 383585841.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

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