401(k) · DOL Form 5500 · 2022

Mgic Investment Corporation 401(k) Plan

Data updated 2026-08-25

$314M
Total assets Above avg plan size
739
Participants Near avg headcount
97th
Percentile by assets National rank
$425,403
Avg per participant High balance/head
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Official DOL plan name: Mgic Profit Sharing and Savings Plan · Sponsored by Mgic Investment Corporation · Wisconsin · Management of Enterprises

$314M in assets, 739 participants

Mgic Investment Corporation's Mgic Profit Sharing and Savings Plan reported $314M in total assets and 739 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #1,065 in Management of Enterprises (1,193 peers)

Where Mgic Profit Sharing and Savings Plan sits by assets

Mgic Profit Sharing and Savings Plan sits in the top 5% of all filed plans by assets, $314M for 739 participants (~$425,403/participant), down 21.3% in 2022.

#1,065
in Management of Enterprises (1,193 peers)
-21.3%
assets change YoY
3.2×
vs typical plan assets (national mean)

The plan reported a net loss of $85M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mgic Profit Sharing and Savings Plan's outsized position by total assets

Mgic Profit Sharing and Savings Plan vs every filed plan by assets

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

$314,372,785 Top 3% higher than 97% 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

Mgic Profit Sharing and Savings 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. Mgic Profit Sharing and Savings Plan sits mid-pack in the medium band (739 participants).

Published 5500 schedule card

Filing strip 391486475 · Mgic Investment Corporation PY 2022 · 401(k)

Mgic Profit Sharing and Savings Plan · $314M · 739 · 97th

  • SCH $314M
  • EBSA 739
  • PART 97th
  • TYPE 401(k)
  • NET near Retirement Savings Plan
  • BOOK ind #1065

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 Management of Enterprises retirement plans → · Plans in Wisconsin →

Mgic Profit Sharing and Savings Plan in the asset neighbourhood

Lamb Weston, Inc. 401(k) Plan for Salaried and Hourly EmployeesLamb Weston, Inc. 401(k) Pla…$315MMgic Profit Sharing and Savings PlanMgic Profit Sharing and Savi…$314MRetirement Savings Plan$314MPilot Travel Centers LLC 401(k) PlanPilot Travel Centers LLC 401…$314MThe Boston College 401(k) Retirement Plan IIThe Boston College 401(k) Re…$314M
End-of-year total assets ($M) among Mgic Profit Sharing and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$400M
Net Assets (End of Year)$314M
Net Income-$85M
Employer EIN391486475
Plan Effective Date1984-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mgic Investment Corporation)

Sponsor-wide plan assets over time

All Mgic Investment Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$746M 9.422491457479044% vs 2022
2024 filing year
$660M$680M$700M$720M$740M$760M 202220232024 $682M $746M ▲ +9.4%
Year Plans Participants Total Assets
2022 2 1,484 $682M
2023 2 1,385 $725M
2024 2 1,237 $746M

Nearby 401(k) Plans in Wisconsin

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

Mgic Profit Sharing and Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 0246 Total assets ($B) Participants Mgic Profit Sharing and Savings Plan, Total assets ($B): 0.314372785 · Participants: 739Mgic Profit Sharing and Savings PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 5.548820507 · Participants: 28701Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.339639169 · Participants: 26610Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 3.978902 · Participants: 11034Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.151693798 · Participants: 8032Rockwell Automation Retirement Savings PlanNm Employee Savings Plan, Total assets ($B): 2.385991887 · Participants: 7423Nm Employee Savings Plan
Mgic Profit Sharing and Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare Mgic Profit Sharing and Savings Plan side-by-side with 3 peers →

Mgic Profit Sharing and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Wisconsin, the nearest 401(k) by assets is Retirement Savings Plan in OH ($314M); by covered participants it is Fareva US Savings Plan 001 in VA (739 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($314M here).

Similar participant headcount

Nearest other-state filings by covered participants (739 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 Mgic Profit Sharing and Savings Plan assets move in 2022? ▼
Mgic Profit Sharing and Savings Plan declined sharply - down 21.3% during 2022, from $400M to $314M. Reported net income was -$85M.
How have Mgic Investment Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mgic Investment Corporation's sponsor-wide assets grew 9.4%, from $682M to $746M.
Where does Mgic Profit Sharing and Savings Plan rank by assets among Form 5500 filers? ▼
Mgic Profit Sharing and Savings Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Mgic Profit Sharing and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Retirement Savings Plan in OH ($314M, 1,224 participants).
Which 401(k) plans cover a similar participant headcount to Mgic Profit Sharing and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fareva US Savings Plan 001 in VA (739 participants, $29M 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 391486475.

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.