401(k) · DOL Form 5500 · 2022

The Magni Group, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
311
Participants Below avg headcount
75th
Percentile by assets National rank
$55,658
Avg per participant Low balance/head
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Official DOL plan name: The Magni Group, Inc. Profit Sharing and 401(k) Plan · Sponsored by The Magni Group, Inc. · Michigan · Manufacturing

$17M in assets, 311 participants

The Magni Group, Inc.'s The Magni Group, Inc. Profit Sharing and 401(k) Plan reported $17M in total assets and 311 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • #13,415 in Manufacturing (20,602 peers)

Coverage in Michigan

The Magni Group, Inc. Profit Sharing and 401(k) Plan covers 311 participants in Michigan, about 49% of the average Michigan filer (state average ~638 per filing). Assets: $17M.

#13,415
in Manufacturing (20,602 peers)
-16.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Magni Group, Inc. Profit Sharing and 401(k) Plan's outsized position by total assets

The Magni Group, Inc. Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$17,309,695 Top 25% higher than 75% 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

The Magni Group, Inc. Profit Sharing and 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. The Magni Group, Inc. Profit Sharing and 401(k) Plan sits mid-pack in the medium band (311 participants).

Form 5500 schedule snapshot

Filing strip 382708620 · The Magni Group, Inc. PY 2022 · 401(k)

The Magni Group, Inc. Profit Sharing and 401(k) Plan · $17M · 311 · 75th

  • EOY $17M
  • 5500 311
  • ASSETS 75th
  • PCT 401(k)
  • EIN near John C. Grimberg Co. Inc. 401(k) Retirement Savings Plan
  • RANK ind #13415

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 Manufacturing retirement plans → · Plans in Michigan →

The Magni Group, Inc. Profit Sharing and 401(k) Plan in the asset neighbourhood

The Magni Group, Inc. Profit Sharing and 401(k) PlanThe Magni Group, Inc. Profit…$17MJohn C. Grimberg Co. Inc. 401(k) Retirement Savings PlanJohn C. Grimberg Co. Inc. 40…$17MCommunications International, Inc. Salary Savings PlanCommunications International…$17MIdaho Urologic Institute, P.a. 401(k) Profit Sharing PlanIdaho Urologic Institute, P.…$17MBingham Companies Profit Sharing and 401(k) PlanBingham Companies Profit Sha…$17M
End-of-year total assets ($M) among The Magni Group, Inc. Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$17M
Net Income-$3M
Employer EIN382708620
Plan Effective Date1997-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Magni Group, Inc.)

Sponsor-wide plan assets over time

All The Magni Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 37.06372064903512% vs 2022
2024 filing year
$16M$18M$20M$22M$24M$26M 202220232024 $17.3M $23.7M ▲ +37.1%
Year Plans Participants Total Assets
2022 1 311 $17M
2023 1 316 $21M
2024 1 295 $24M

Nearby 401(k) Plans in Michigan

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

The Magni Group, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants The Magni Group, Inc. Profit Sharing and 401(k) Plan, Total assets ($B): 0.017309695 · Participants: 311The Magni Group, Inc. Profit Sharing and 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
The Magni Group, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare The Magni Group, Inc. Profit Sharing and 401(k) Plan side-by-side with 3 peers →

The Magni Group, Inc. Profit Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is John C. Grimberg Co. Inc. 401(k) Retirement Savings Plan in MD ($17M); by covered participants it is Brightwheel 401(k) Plan in CA (311 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (311 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 The Magni Group, Inc. Profit Sharing and 401(k) Plan assets move in 2022? ▼
The Magni Group, Inc. Profit Sharing and 401(k) Plan declined sharply - down 16.1% during 2022, from $21M to $17M. Reported net income was -$3M.
How have The Magni Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Magni Group, Inc.'s sponsor-wide assets grew 37.1%, from $17M to $24M.
Where does The Magni Group, Inc. Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers? ▼
The Magni Group, Inc. Profit Sharing and 401(k) Plan ranks in the 75th 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 The Magni Group, Inc. Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is John C. Grimberg Co. Inc. 401(k) Retirement Savings Plan in MD ($17M, 126 participants).
Which 401(k) plans cover a similar participant headcount to The Magni Group, Inc. Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Brightwheel 401(k) Plan in CA (311 participants, $6M 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 382708620.

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.