401(k) · DOL Form 5500 · 2022
Mg2 Corporation 401(k) Plan
Data updated 2026-08-11
- $35M
- Total assets
- 380
- Participants
- 85th
- Percentile by assets
- $92,757
- Avg per participant
Official DOL plan name: Mg2 Corporation Profit Sharing Retirement Plan · Sponsored by Mg2 Corporation · Washington · Professional & Technical Services
$35M in assets, 380 participants
Mg2 Corporation's Mg2 Corporation Profit Sharing Retirement Plan reported $35M in total assets and 380 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.
- 85th percentile by assets (of 139,126 plans)
- #18,429 in Professional & Technical Services (21,562 peers)
Coverage in Washington
Mg2 Corporation Profit Sharing Retirement Plan covers 380 participants in Washington, about 26% of the average Washington filer (state average ~1,476 per filing). Assets: $35M.
- $35M
- total plan assets (2022 EOY)
- 380
- covered participants
- 85th
- percentile by assets (of 139,126 plans)
- $92,757
- avg assets per participant
The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Mg2 Corporation Profit Sharing Retirement Plan sits by total assets
Mg2 Corporation Profit Sharing Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$35,247,528 Top 15% higher than 85% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Washington filers
In Washington, the average filing covers about 1,476 participants across 2,612 plans. Mg2 Corporation Profit Sharing Retirement Plan reports 380 participants - about 26% of that state average ($35M EOY assets).
Washington filing particulars
| Total Assets (Beginning of Year) | $42M |
|---|---|
| Net Assets (End of Year) | $35M |
| Net Income | -$7M |
| Employer EIN | 910972198 |
| Plan Effective Date | 1977-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mg2 Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 380 | $35M |
| 2023 | 1 | 407 | $43M |
| 2024 | 1 | 384 | $50M |
Nearby 401(k) Plans in Washington
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Boeing Company 401(k) Retirement Plan $63.5B · 118,434
- Microsoft Corporation Savings Plus 401(k) Plan $39.6B · 109,797
- Costco 401(k) Retirement Plan $25.9B · 181,505
- Amazon 401(k) Plan $17.7B · 1,230,308
- T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust $7.3B · 75,797
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Mg2 Corporation Profit Sharing Retirement Plan by total assets, not by location.
- Pctel, Inc. 401(k) Plan (IL) $35M · 189
- Prestige Management Employee Plan (KY) $35M · 4,139
- Innovative Systems, LLC 401(k) Plan (SD) $35M · 190
- Black Horse Carriers, Inc. 401(k) Retirement Savings Plan (PA) $35M · 3,920
Frequently Asked Questions
How did Mg2 Corporation Profit Sharing Retirement Plan assets move in 2022? ▼
How have Mg2 Corporation plan assets changed over time? ▼
Where does Mg2 Corporation Profit Sharing Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Mg2 Corporation Profit Sharing Retirement Plan? ▼
Next read for Mg2 Corporation Profit Sharing Retiremen…
Filing takeaways
Ways to act on Mg2 Corporation Profit Sharing Retirement Plan's numbers.
- By total assets, Mg2 Corporation Profit Sharing Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Washington. Compare plans
- Mg2 Corporation's sponsor-wide assets have grown 42.6% since 2022 across 3 plan years on file. More Professional & Technical Services plans