Defined Benefit (Pension) · DOL Form 5500 · 2022
Mgic Investment Corporation Pension Plan
Data updated 2026-08-11
- $367M
- Total assets
- 745
- Participants
- 97th
- Percentile by assets
- $493,227
- Avg per participant
Official DOL plan name: Mgic Pension Plan · Sponsored by Mgic Investment Corporation · Wisconsin · Management of Enterprises
$367M in assets, 745 participants
Mgic Investment Corporation's Mgic Pension Plan reported $367M in total assets and 745 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.
- 97th percentile by assets (of 139,126 plans)
- #1,079 in Management of Enterprises (1,193 peers)
Where Mgic Pension Plan sits by assets
Mgic Pension Plan sits in the top 5% of all filed plans by assets, $367M for 745 participants (~$493,227/participant), down 31.7% in 2022.
- $367M
- total plan assets (2022 EOY)
- 745
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $493,227
- avg assets per participant
The plan reported a net loss of $169M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Mgic Pension Plan sits by total assets
Mgic Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$367,454,047 Top 3% higher than 97% 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
Mgic Pension Plan vs the 2022 asset distribution
By assets, Mgic Pension Plan outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $538M |
|---|---|
| Net Assets (End of Year) | $367M |
| Net Income | -$169M |
| Employer EIN | 391486475 |
| Plan Effective Date | 1985-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mgic Investment Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,484 | $682M |
| 2023 | 2 | 1,385 | $725M |
| 2024 | 2 | 1,237 | $746M |
Nearby Defined Benefit (Pension) Plans in Wisconsin
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Northwestern Mutual Employee Retirement Plan $3.1B · 7,377
- Building Trades United Pension Trust Fund Milwaukee and Vicinity $3.0B · 9,724
- Rockwell Automation Pension Plan $2.1B · 3,077
- The Northwestern Mutual Life Insurance Company Agents Retirement Plan $1.9B · 7,278
- Harley-Davidson Retirement Plan $1.8B · 1,744
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Mgic Pension Plan by total assets, not by location.
- Flowserve Corporation Pension Plan (TX) $367M · 4,240
- California Teachers Association Employees Retirement Benefits Plan (CA) $366M · 502
- Mcdermott (U.S.) Retirement Plan (TX) $366M · 59
- Ironworkers Local 11 Pension Fund (NJ) $365M · 1,139
Frequently Asked Questions
How did Mgic Pension Plan assets move in 2022? ▼
How have Mgic Investment Corporation plan assets changed over time? ▼
Where does Mgic Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Mgic Pension Plan? ▼
Next read for Mgic Pension Plan
Scale reading
Ways to act on Mgic Pension Plan's numbers.
- By total assets, Mgic Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Wisconsin. Compare plans
- Mgic Investment Corporation's sponsor-wide assets have grown 9.4% since 2022 across 3 plan years on file. More Management of Enterprises plans