401(k) · DOL Form 5500 · 2022
National Magnetics Group, Inc. 401(k) Plan
Data updated 2026-08-25
- $8M
- Total assets Small plan by assets
- 94
- Participants Small participant base
- 59th
- Percentile by assets National rank
- $80,282
- Avg per participant Below avg balance/head
Official DOL plan name: National Magnetics Group Inc. 401(k) Savings Plan · Sponsored by National Magnetics Group, Inc. · Pennsylvania · Manufacturing
$8M in assets, 94 participants
National Magnetics Group, Inc.'s National Magnetics Group Inc. 401(k) Savings Plan reported $8M in total assets and 94 participants in its 2022 DOL Form 5500 filing, ranking in the 59th 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.
- #9,249 in Manufacturing (20,602 peers)
2022 asset change
National Magnetics Group Inc. 401(k) Savings Plan declined sharply 15.3% in 2022 ($9M → $8M) for 94 participants.
- #9,249
- in Manufacturing (20,602 peers)
- -15.3%
- assets change YoY
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
National Magnetics Group Inc. 401(k) Savings Plan's mid-pack asset rank among Manufacturing and all filers
National Magnetics Group Inc. 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$7,546,503 Top 41% higher than 59% 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
National Magnetics Group Inc. 401(k) Savings Plan among smaller filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. National Magnetics Group Inc. 401(k) Savings Plan is a small filing (94 participants) on this national headcount ladder.
EBSA filing schedule strip
Filing strip 061047341 · National Magnetics Group, Inc. PY 2022 · 401(k)
National Magnetics Group Inc. 401(k) Savings Plan · $8M · 94 · 59th
- EIN $8M
- RANK 94
- PHOTO 59th
- IND 401(k)
- EOY near Norcom Realty & Affiliates 401(k) Plan
- 5500 ind #9249
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 Pennsylvania →
National Magnetics Group Inc. 401(k) Savings Plan in the asset neighbourhood
2022 asset-move particulars
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | $8M |
| Net Income | -$1M |
| Employer EIN | 061047341 |
| Plan Effective Date | 1993-10-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $14.8B · 97,769
- Cigna 401(k) Plan $11.5B · 66,147
- The PNC Financial Services Group, Inc. Incentive Savings Plan $8.1B · 59,451
- The Vanguard Retirement and Savings Plan $8.1B · 17,073
- The Bank of New York Mellon Corporation 401(k) Savings Plan $7.8B · 25,071
National Magnetics Group Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Norcom Realty & Affiliates 401(k) Plan in FL ($8M); by covered participants it is Coforge Bpm, Inc. 401(k) Plan in ID (94 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($8M here).
Similar participant headcount
Nearest other-state filings by covered participants (94 participants); asset peers above are excluded.
- Coforge Bpm, Inc. 401(k) Plan (ID) 94 · 0 off
- Marena Group 401(k) Plan (GA) 94 · 0 off
- Excel Machinery, Ltd. 401(k) Profit Sharing Plan (TX) 94 · 0 off
- Bigbee Steel Buildings, Inc. 401(k) Plan (AL) 94 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.