401(k) · DOL Form 5500 · 2022

Magna Associates, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
107
Participants Small participant base
43rd
Percentile by assets National rank
$31,717
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Magna Associates, Inc. 401(k) Plan · Sponsored by Magna Associates, Inc. · Florida · Administrative & Support Services

$3M in assets, 107 participants

Magna Associates, Inc.'s Magna Associates, Inc. 401(k) Plan reported $3M in total assets and 107 participants in its 2022 DOL Form 5500 filing, ranking in the 43rd 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.

  • #3,271 in Administrative & Support Services (4,927 peers)

Coverage in Florida

Magna Associates, Inc. 401(k) Plan covers 107 participants in Florida, about 17% of the average Florida filer (state average ~628 per filing). Assets: $3M.

#3,271
in Administrative & Support Services (4,927 peers)
-5.1%
assets change YoY

The plan reported a net loss of $182K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Magna Associates, Inc. 401(k) Plan's mid-pack asset rank among Administrative & Support Services and all filers

Magna Associates, Inc. 401(k) Plan vs every filed plan by assets

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

$3,393,767 43rd percentile higher than 43% 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

Magna Associates, Inc. 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. Magna Associates, Inc. 401(k) Plan sits mid-pack in the medium band (107 participants).

Plan-year Form 5500 strip

Filing strip 651048319 · Magna Associates, Inc. PY 2022 · 401(k)

Magna Associates, Inc. 401(k) Plan · $3M · 107 · 43rd

  • IND $3M
  • IND 107
  • IND 43rd
  • IND 401(k)
  • IND near Apkudo, Inc 401(k) Profit Sharing Plan
  • IND ind #3271

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 Administrative & Support Services retirement plans → · Plans in Florida →

Magna Associates, Inc. 401(k) Plan in the asset neighbourhood

Magna Associates, Inc. 401(k) PlanMagna Associates, Inc. 401(k…$3MApkudo, Inc 401(k) Profit Sharing PlanApkudo, Inc 401(k) Profit Sh…$3M3rd & La Cienega Financial, LLC 401(k) Profit Sharing Plan3rd & La Cienega Financial, …$3MPrime Time Healthcare 401(k) PlanPrime Time Healthcare 401(k)…$3MMachine Build Technologies, LLC 401(k) PlanMachine Build Technologies, …$3M
End-of-year total assets ($M) among Magna Associates, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$182K
Employer EIN651048319
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magna Associates, Inc.)

Sponsor-wide plan assets over time

All Magna Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 44.66102121919389% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M$5M$5.5M 202220232024 $3.39M $4.91M ▲ +44.8%
Year Plans Participants Total Assets
2022 1 107 $3M
2023 1 115 $4M
2024 1 102 $5M

Nearby 401(k) Plans in Florida

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

Magna Associates, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Magna Associates, Inc. 401(k) Plan, Total assets ($B): 0.003393767 · Participants: 107Magna Associates, Inc. 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Magna Associates, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Magna Associates, Inc. 401(k) Plan side-by-side with 3 peers →

Magna Associates, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Apkudo, Inc 401(k) Profit Sharing Plan in MD ($3M); by covered participants it is First National Bank in Howell 401 (K) Plan in MI (107 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (107 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 Magna Associates, Inc. 401(k) Plan assets move in 2022? ▼
Magna Associates, Inc. 401(k) Plan pulled back noticeably - down 5.1% during 2022, from $4M to $3M. Reported net income was -$182K.
How have Magna Associates, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magna Associates, Inc.'s sponsor-wide assets grew 44.7%, from $3M to $5M.
Which 401(k) plans are similar in size to Magna Associates, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Apkudo, Inc 401(k) Profit Sharing Plan in MD ($3M, 130 participants).
Which 401(k) plans cover a similar participant headcount to Magna Associates, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is First National Bank in Howell 401 (K) Plan in MI (107 participants, N/A 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 651048319.

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.