401(k) · DOL Form 5500 · 2022
Magna Machine Co. 401(k) Plan
Data updated 2026-08-25
- $7M
- Total assets Small plan by assets
- 152
- Participants Small participant base
- 57th
- Percentile by assets National rank
- $45,900
- Avg per participant Low balance/head
Official DOL plan name: Magna Machine Co. 401(k) Plan · Sponsored by Magna Machine Co. · Ohio · Manufacturing
$7M in assets, 152 participants
Magna Machine Co.'s Magna Machine Co. 401(k) Plan reported $7M in total assets and 152 participants in its 2022 DOL Form 5500 filing, ranking in the 57th 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.
- #8,841 in Manufacturing (20,602 peers)
Coverage in Ohio
Magna Machine Co. 401(k) Plan covers 152 participants in Ohio, about 20% of the average Ohio filer (state average ~765 per filing). Assets: $7M.
- #8,841
- in Manufacturing (20,602 peers)
- -8.4%
- assets change YoY
The plan reported a net loss of $635K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Magna Machine Co. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers
Magna Machine Co. 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$6,976,812 Top 43% higher than 57% 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
Magna Machine Co. 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. Magna Machine Co. 401(k) Plan sits mid-pack in the medium band (152 participants).
EBSA filing schedule strip
Filing strip 310559326 · Magna Machine Co. PY 2022 · 401(k)
Magna Machine Co. 401(k) Plan · $7M · 152 · 57th
- 5500 $7M
- ASSETS 152
- PCT 57th
- EIN 401(k)
- RANK near Ghertner & Company 401(k) Profit Sharing Plan
- PHOTO ind #8841
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 Ohio →
Magna Machine Co. 401(k) Plan in the asset neighbourhood
Ohio filing particulars
| Total Assets (Beginning of Year) | $8M |
|---|---|
| Net Assets (End of Year) | $7M |
| Net Income | -$635K |
| Employer EIN | 310559326 |
| Plan Effective Date | 1963-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Magna Machine Co.)
Sponsor-wide plan assets over time
All Magna Machine Co. plans reported in each filing year
- Latest sponsor-wide plan assets
- $8M 20.33223770398285% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 152 | $7M |
| 2023 | 1 | 144 | $8M |
| 2024 | 1 | 141 | $8M |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Sherwin-Williams Company 401(k) Plan $8.3B · 44,890
- The Progressive 401(k) Plan $7.6B · 50,299
- The Kroger Co. 401(k) Retirement Savings Account Plan $7.3B · 116,133
- Nationwide Savings Plan $6.7B · 24,278
- Marathon Petroleum Thrift Plan $6.4B · 17,666
Magna Machine Co. 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Ohio, the nearest 401(k) by assets is Ghertner & Company 401(k) Profit Sharing Plan in TN ($7M); by covered participants it is Advanced Technologies and Laboratories (Atl) International, Inc. 401(k) Plan in MD (152 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7M here).
Similar participant headcount
Nearest other-state filings by covered participants (152 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.