Profit Sharing · DOL Form 5500 · 2022

Magic City Roofing, Inc. Profit Sharing Plan

Data updated 2026-08-25

$310K
Total assets Small plan by assets
8
Participants Small participant base
14th
Percentile by assets National rank
$38,699
Avg per participant Low balance/head
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Official DOL plan name: Magic City Roofing, Inc. Profit Sharing Plan · Sponsored by Magic City Roofing, Inc. · Alabama · Manufacturing

$310K in assets, 8 participants

Magic City Roofing, Inc.'s Magic City Roofing, Inc. Profit Sharing Plan reported $310K in total assets and 8 participants in its 2022 DOL Form 5500 filing, ranking in the 14th 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.

  • #1,163 in Manufacturing (20,602 peers)

2022 asset change

Magic City Roofing, Inc. Profit Sharing Plan declined sharply 20.8% in 2022 ($391K → $310K) for 8 participants.

#1,163
in Manufacturing (20,602 peers)
-20.8%
assets change YoY

The plan reported a net loss of $81K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Magic City Roofing, Inc. Profit Sharing Plan among the smaller filed plans by assets

Magic City Roofing, Inc. Profit Sharing Plan vs every filed plan by assets

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

$309,591 14th percentile higher than 14% 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

Magic City Roofing, 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. Magic City Roofing, Inc. Profit Sharing Plan is a micro filing (8 participants), the leftmost band.

Published 5500 schedule card

Filing strip 631074427 · Magic City Roofing, Inc. PY 2022 · Profit Sharing

Magic City Roofing, Inc. Profit Sharing Plan · $310K · 8 · 14th

  • SCH $310K
  • EBSA 8
  • PART 14th
  • TYPE Profit Sharing
  • NET near Jrc Maxillofacial Services, Psc Retirement Plan
  • BOOK ind #1163

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 Alabama →

Magic City Roofing, Inc. Profit Sharing Plan in the asset neighbourhood

Magic City Roofing, Inc. Profit Sharing PlanMagic City Roofing, Inc. Pro…$310KJrc Maxillofacial Services, Psc Retirement PlanJrc Maxillofacial Services, …$310KJda Enterprises, Inc. Retirement PlanJda Enterprises, Inc. Retire…$310KRevere Enterprises Inc. Profit Sharing PlanRevere Enterprises Inc. Prof…$309KAlan R Miller PC Profit Sharing Plan & TrustAlan R Miller PC Profit Shar…$310K
End-of-year total assets ($M) among Magic City Roofing, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Magic City Roofing, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Magic City Roofing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$0.1M$0.2M$0.3M$0.4M 202220232024 $0.31M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 8 $310K
2023 1 7 $289K
2024 1 5 N/A

2022 asset-move particulars

Total Assets (Beginning of Year)$391K
Net Assets (End of Year)$310K
Net Income-$81K
Employer EIN631074427
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Alabama

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

Magic City Roofing, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000100020003000 -10010203040 Total assets ($M) Participants Magic City Roofing, Inc. Profit Sharing Plan, Total assets ($M): 0.309591 · Participants: 8Magic City Roofing, Inc. Profit Sharing PlanThe Health Care Authority for Baptist Health Matching Dollar Plan, Total assets ($M): 37.57775 · Participants: 2454The Health Care Authority for Baptist Health Matching Dollar PlanPathology Associates, P.C. Profit Sharing Plan and Trust, Total assets ($M): 27.274054 · Participants: 41Pathology Associates, P.C. Profit Sharing Plan and TrustRadiology Associates of Dothan, P.a. Profit Sharing Plan, Total assets ($M): 21.937645 · Participants: 14Radiology Associates of Dothan, P.a. Profit Sharing PlanAuto Investment, Inc. 401(k) Plan, Total assets ($M): 20.397344 · Participants: 362Auto Investment, Inc. 401(k) PlanAerie Aerospace 401(k) Profit Sharing Plan, Total assets ($M): 16.433569 · Participants: 246Aerie Aerospace 401(k) Profit Sharing Plan
Magic City Roofing, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants
Compare Magic City Roofing, Inc. Profit Sharing Plan side-by-side with 3 peers →

Magic City Roofing, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Alabama, the nearest Profit Sharing by assets is Jrc Maxillofacial Services, Psc Retirement Plan in PR ($310K); by covered participants it is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8 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 Magic City Roofing, Inc. Profit Sharing Plan assets move in 2022? ▼
Magic City Roofing, Inc. Profit Sharing Plan declined sharply - down 20.8% during 2022, from $391K to $310K. Reported net income was -$81K.
Where does Magic City Roofing, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Magic City Roofing, Inc. Profit Sharing Plan ranks in the 14th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Magic City Roofing, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Jrc Maxillofacial Services, Psc Retirement Plan in PR ($310K, 4 participants).
Which Profit Sharing plans cover a similar participant headcount to Magic City Roofing, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants, $327K 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 631074427.

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.