401(k) · DOL Form 5500 · 2022

Magness & Sons General Contracting, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
12
Participants Small participant base
50th
Percentile by assets National rank
$400,747
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan · Sponsored by Magness & Sons General Contracting, Inc. · Pennsylvania · Construction

$5M in assets, 12 participants

Magness & Sons General Contracting, Inc.'s Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan reported $5M in total assets and 12 participants in its 2022 DOL Form 5500 filing, ranking in the 50th 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.

  • #4,853 in Construction (9,927 peers)

Magness & Sons General Contracting, Inc. multi-year trail

Magness & Sons General Contracting, Inc.'s plans moved +28.4% in assets from 2022 to 2024; this filing shows Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan at $5M / 12 participants.

#4,853
in Construction (9,927 peers)
-13.3%
assets change YoY

The plan reported a net loss of $741K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$4,808,965 Top 50% higher than 50% 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

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing 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. Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan is a small filing (12 participants) on this national headcount ladder.

DOL schedule card

Filing strip 232870793 · Magness & Sons General Contracting, Inc. PY 2022 · 401(k)

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan · $5M · 12 · 50th

  • TYPE $5M
  • TYPE 12
  • TYPE 50th
  • TYPE 401(k)
  • TYPE near Auto-X-10 D, Inc. 401(k) Plan
  • TYPE ind #4853

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 Construction retirement plans → · Plans in Pennsylvania →

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing PlanMagness & Sons General Contr…$5MAuto-X-10 D, Inc. 401(k) Plan$5MAnton Cabinetry 401(k) Retirement PlanAnton Cabinetry 401(k) Retir…$5MLiftfund, Inc. 401(k) Profit Sharing PlanLiftfund, Inc. 401(k) Profit…$5MIntegrated Dermatology, LLC 401(k) Profit Sharing Plan & TruIntegrated Dermatology, LLC …$5M
End-of-year total assets ($M) among Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Magness & Sons General Contracting, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Magness & Sons General Contracting, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 28.35081977099022% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M$6.5M 202220232024 $4.81M $6.17M ▲ +28.3%
Year Plans Participants Total Assets
2022 1 12 $5M
2023 1 13 $6M
2024 1 12 $6M

Magness & Sons General Contracting, Inc. filing trail (2022)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$741K
Employer EIN232870793
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Pennsylvania

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

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.004808965 · Participants: 12Magness & Sons General Contracting, Inc. 401(k) Profit Sharing PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Auto-X-10 D, Inc. 401(k) Plan in IN ($5M); by covered participants it is Snt Food and Beverage Retirement Plan in VA (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 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 Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 13.3% during 2022, from $6M to $5M. Reported net income was -$741K.
How have Magness & Sons General Contracting, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Magness & Sons General Contracting, Inc.'s sponsor-wide assets grew 28.4%, from $5M to $6M.
Which 401(k) plans are similar in size to Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Auto-X-10 D, Inc. 401(k) Plan in IN ($5M, 177 participants).
Which 401(k) plans cover a similar participant headcount to Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Snt Food and Beverage Retirement Plan in VA (12 participants, N/A in assets).