401(k) · DOL Form 5500 · 2022

Magnetar Capital LLC Profit Sharing and 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$63M
Total assets
186
Participants
83th
Percentile by assets

Sponsored by Magnetar Capital LLC · Illinois · Finance & Insurance

What the 2022 filing shows

Magnetar Capital LLC Profit Sharing and 401(k) Plan holds $63M for 186 participants - about $339,768 per participant, in the top quartile of all filed plans by assets, down 13.9% over the 2022 plan year.

$63M
total plan assets (2022 EOY)
186
covered participants
83th
percentile by assets (of 84,055 plans)
$339,768
avg assets per participant

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$63M
Participants
186
State
Industry
Finance & Insurance

What the Filing Says About Magnetar Capital LLC Profit Sharing and 401(k) Plan

Magnetar Capital LLC Profit Sharing and 401(k) Plan is a 401(k) retirement plan sponsored by Magnetar Capital LLC, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $63M in total end-of-year assets and covers 186 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 202079434, and the plan has been effective since 2006-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $73M at the beginning of 2022 to $63M at year-end - a decline of 13.9%. Net assets (after liabilities) closed the year at $63M, with reported net income of $-10,235,996 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$73M
Total Assets (End of Year)$63M
Net Assets (End of Year)$63M
Net Income$-10,235,996
Plan Type401(k)
Employer EIN202079434
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnetar Capital LLC)

Year Plans Participants Total Assets
2022 1 186 $63M
2023 1 193 $76M
2024 1 199 $85M

Nearby 401(k) Plans in Illinois

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

Frequently Asked Questions

How much money is in the Magnetar Capital LLC Profit Sharing and 401(k) Plan?
As of the 2022 Form 5500 filing, Magnetar Capital LLC Profit Sharing and 401(k) Plan holds $63M in total assets with 186 participants. It is sponsored by Magnetar Capital LLC.
What type of plan is Magnetar Capital LLC Profit Sharing and 401(k) Plan?
Magnetar Capital LLC Profit Sharing and 401(k) Plan is a 401(k) plan. It has been effective since 2006-01-01. The plan is filed with the U.S. Department of Labor under EIN 202079434.
Who sponsors the Magnetar Capital LLC Profit Sharing and 401(k) Plan?
Magnetar Capital LLC Profit Sharing and 401(k) Plan is sponsored by Magnetar Capital LLC, located in Illinois. The sponsor's EIN is 202079434 and the plan operates in the Finance & Insurance industry.
How did Magnetar Capital LLC Profit Sharing and 401(k) Plan perform in 2022?
Magnetar Capital LLC Profit Sharing and 401(k) Plan declined by 13.9% during 2022, moving from $73M to $63M in total assets. Net income was $-10,235,996.
Where can I find official filings for Magnetar Capital LLC Profit Sharing and 401(k) Plan?
Official Form 5500 filings for Magnetar Capital LLC Profit Sharing and 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 202079434 or plan name at efast.dol.gov.
How does Magnetar Capital LLC Profit Sharing and 401(k) Plan compare to other plans?
You can compare Magnetar Capital LLC Profit Sharing and 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 202079434.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.