Profit Sharing · DOL Form 5500 · 2022

Magellan Industrial Trading Co.Inc Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
3
Participants Small participant base
41st
Percentile by assets National rank
$1.0M
Avg per participant High balance/head
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Official DOL plan name: Magellan Industrial Trading Co., Inc. Profit Sharing Plan · Sponsored by Magellan Industrial Trading Co.Inc · Connecticut · Wholesale Trade

$3M in assets, 3 participants

Magellan Industrial Trading Co.Inc's Magellan Industrial Trading Co., Inc. Profit Sharing Plan reported $3M in total assets and 3 participants in its 2022 DOL Form 5500 filing, ranking in the 41st 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.

  • #1,904 in Wholesale Trade (6,843 peers)

Magellan Industrial Trading Co.Inc multi-year trail

Magellan Industrial Trading Co.Inc's plans moved +30.0% in assets from 2022 to 2024; this filing shows Magellan Industrial Trading Co., Inc. Profit Sharing Plan at $3M / 3 participants.

#1,904
in Wholesale Trade (6,843 peers)
-13.5%
assets change YoY

The plan reported a net loss of $469K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Magellan Industrial Trading Co., Inc. Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Magellan Industrial Trading Co., Inc. Profit Sharing Plan vs every filed plan by assets

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

$3,012,909 41st percentile higher than 41% 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

Magellan Industrial Trading Co., Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magellan Industrial Trading Co., Inc. Profit Sharing Plan is a micro filing (3 participants), the leftmost band.

DOL schedule card

Filing strip 133378916 · Magellan Industrial Trading Co.Inc PY 2022 · Profit Sharing

Magellan Industrial Trading Co., Inc. Profit Sharing Plan · $3M · 3 · 41st

  • RANK $3M
  • PHOTO 3
  • IND 41st
  • EOY Profit Sharing
  • 5500 near Jinichi Tokeshi, M.D., Inc. Profit Sharing Plan (002)
  • ASSETS ind #1904

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 Wholesale Trade retirement plans → · Plans in Connecticut →

Magellan Industrial Trading Co., Inc. Profit Sharing Plan in the asset neighbourhood

Magellan Industrial Trading Co., Inc. Profit Sharing PlanMagellan Industrial Trading …$3MJinichi Tokeshi, M.D., Inc. Profit Sharing Plan (002)Jinichi Tokeshi, M.D., Inc. …$3MA - V Equipment Rentals, Inc. Profit Sharing PlanA - V Equipment Rentals, Inc…$3MGalloway & Jensen, a Professional Corporation Profit Sharing PlanGalloway & Jensen, a Profess…$3MDoug Bradley Trucking Inc Employee Profit Sharing PlanDoug Bradley Trucking Inc Em…$3M
End-of-year total assets ($M) among Magellan Industrial Trading Co., Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Magellan Industrial Trading Co.Inc multi-year asset trail

Sponsor-wide plan assets over time

All Magellan Industrial Trading Co.Inc plans reported in each filing year

Latest sponsor-wide plan assets
$4M 30.035623379265687% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $3.01M $3.92M ▲ +30.2%
Year Plans Participants Total Assets
2022 1 3 $3M
2023 1 4 $3M
2024 1 4 $4M

Magellan Industrial Trading Co.Inc filing trail (2022)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$469K
Employer EIN133378916
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Connecticut

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Magellan Industrial Trading Co., Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.5 Total assets ($B) Participants Magellan Industrial Trading Co., Inc. Profit Sharing Plan, Total assets ($B): 0.003012909 · Participants: 3Magellan Industrial Trading Co., Inc. Profit Sharing PlanNorth Atlantic States Carpenters Annuity Plan, Total assets ($B): 1.23187796 · Participants: 10777North Atlantic States Carpenters Annuity PlanThe Lee Company Profit Sharing Plan, Total assets ($B): 0.396481458 · Participants: 930The Lee Company Profit Sharing PlanConnecticut Children's Retirement Savings Plan, Total assets ($B): 0.377103214 · Participants: 2969Connecticut Children's Retirement Savings PlanConnecticut Laborers' Annuity Plan, Total assets ($B): 0.215365797 · Participants: 3141Connecticut Laborers' Annuity PlanConnecticut Pipetrades Local No. 777 Annuity Plan, Total assets ($B): 0.212382275 · Participants: 2456Connecticut Pipetrades Local No. 777 Annuity Plan
Magellan Industrial Trading Co., Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants

Magellan Industrial Trading Co., Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Connecticut, the nearest Profit Sharing by assets is Jinichi Tokeshi, M.D., Inc. Profit Sharing Plan (002) in HI ($3M); by covered participants it is Crosmac Corp. Retirement Plan in NJ (3 participants). Same-state nearby plans are listed separately above.

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 Magellan Industrial Trading Co., Inc. Profit Sharing Plan assets move in 2022?
Magellan Industrial Trading Co., Inc. Profit Sharing Plan pulled back noticeably - down 13.5% during 2022, from $3M to $3M. Reported net income was -$469K.
How have Magellan Industrial Trading Co.Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Magellan Industrial Trading Co.Inc's sponsor-wide assets grew 30.0%, from $3M to $4M.
Which Profit Sharing plans are similar in size to Magellan Industrial Trading Co., Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Jinichi Tokeshi, M.D., Inc. Profit Sharing Plan (002) in HI ($3M, 6 participants).
Which Profit Sharing plans cover a similar participant headcount to Magellan Industrial Trading Co., Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Crosmac Corp. Retirement Plan in NJ (3 participants, N/A in assets).