401(k) · DOL Form 5500 · 2022

Mg2 Corporation 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
380
Participants Below avg headcount
85th
Percentile by assets National rank
$92,757
Avg per participant Below avg balance/head
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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.

  • #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.

#18,429
in Professional & Technical Services (21,562 peers)
-16.1%
assets change YoY
0.4×
vs typical plan assets (national mean)

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.

Mg2 Corporation Profit Sharing Retirement Plan's outsized position 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

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

Mg2 Corporation Profit Sharing Retirement 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. Mg2 Corporation Profit Sharing Retirement Plan sits mid-pack in the medium band (380 participants).

Plan-year Form 5500 strip

Filing strip 910972198 · Mg2 Corporation PY 2022 · 401(k)

Mg2 Corporation Profit Sharing Retirement Plan · $35M · 380 · 85th

  • BOOK $35M
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  • BOOK near Pctel, Inc. 401(k) Plan
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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 Professional & Technical Services retirement plans → · Plans in Washington →

Mg2 Corporation Profit Sharing Retirement Plan in the asset neighbourhood

Black Horse Carriers, Inc. 401(k) Retirement Savings PlanBlack Horse Carriers, Inc. 4…$35MMg2 Corporation Profit Sharing Retirement PlanMg2 Corporation Profit Shari…$35MPctel, Inc. 401(k) Plan$35MPrestige Management Employee PlanPrestige Management Employee…$35MInnovative Systems, LLC 401(k) PlanInnovative Systems, LLC 401(…$35M
End-of-year total assets ($M) among Mg2 Corporation Profit Sharing Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Washington filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$35M
Net Income-$7M
Employer EIN910972198
Plan Effective Date1977-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mg2 Corporation)

Sponsor-wide plan assets over time

All Mg2 Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$50M 42.56844621841282% vs 2022
2024 filing year
$30M$35M$40M$45M$50M$55M 202220232024 $35.3M $50.3M ▲ +42.6%
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.

Mg2 Corporation Profit Sharing Retirement Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Mg2 Corporation Profit Sharing Retirement Plan, Total assets ($B): 0.035247528 · Participants: 380Mg2 Corporation Profit Sharing Retirement PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 63.503643295 · Participants: 118434The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 39.602667639 · Participants: 109797Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 25.912962472 · Participants: 181505Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 17.732345025 · Participants: 1230308Amazon 401(k) PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 7.280031396 · Participants: 75797T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust
Mg2 Corporation Profit Sharing Retirement Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Mg2 Corporation Profit Sharing Retirement Plan side-by-side with 3 peers →

Mg2 Corporation Profit Sharing Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Pctel, Inc. 401(k) Plan in IL ($35M); by covered participants it is The Healthalliance Hospital - Broadway Campus 401(k) Savings Plan in NY (380 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($35M here).

Similar participant headcount

Nearest other-state filings by covered participants (380 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 Mg2 Corporation Profit Sharing Retirement Plan assets move in 2022? ▼
Mg2 Corporation Profit Sharing Retirement Plan declined sharply - down 16.1% during 2022, from $42M to $35M. Reported net income was -$7M.
How have Mg2 Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mg2 Corporation's sponsor-wide assets grew 42.6%, from $35M to $50M.
Where does Mg2 Corporation Profit Sharing Retirement Plan rank by assets among Form 5500 filers? ▼
Mg2 Corporation Profit Sharing Retirement Plan ranks in the 85th 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 Mg2 Corporation Profit Sharing Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pctel, Inc. 401(k) Plan in IL ($35M, 189 participants).
Which 401(k) plans cover a similar participant headcount to Mg2 Corporation Profit Sharing Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Healthalliance Hospital - Broadway Campus 401(k) Savings Plan in NY (380 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 910972198.

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.