401(k) · DOL Form 5500 · 2022

J.T. Magen & Company Inc. 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
265
Participants Below avg headcount
87th
Percentile by assets National rank
$168,144
Avg per participant Above avg balance/head
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Official DOL plan name: J.T. Magen & Company Inc. 401(k) Plan · Sponsored by J.T. Magen & Company Inc. · New York · Construction

$45M in assets, 265 participants

J.T. Magen & Company Inc.'s J.T. Magen & Company Inc. 401(k) Plan reported $45M in total assets and 265 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #8,473 in Construction (9,927 peers)

Coverage in New York

J.T. Magen & Company Inc. 401(k) Plan covers 265 participants in New York, about 33% of the average New York filer (state average ~798 per filing). Assets: $45M.

#8,473
in Construction (9,927 peers)
-15.8%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

J.T. Magen & Company Inc. 401(k) Plan's outsized position by total assets

J.T. Magen & Company Inc. 401(k) Plan vs every filed plan by assets

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

$44,558,287 Top 13% higher than 87% 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

J.T. Magen & Company Inc. 401(k) 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. J.T. Magen & Company Inc. 401(k) Plan sits mid-pack in the medium band (265 participants).

Plan-year Form 5500 strip

Filing strip 113136124 · J.T. Magen & Company Inc. PY 2022 · 401(k)

J.T. Magen & Company Inc. 401(k) Plan · $45M · 265 · 87th

  • PCT $45M
  • PCT 265
  • PCT 87th
  • PCT 401(k)
  • PCT near The Northbridge Group Retirement Investment Plan
  • PCT ind #8473

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 New York →

J.T. Magen & Company Inc. 401(k) Plan in the asset neighbourhood

Waukesha State Bank Employees' 401(k) Profit Sharing PlanWaukesha State Bank Employee…$45MJ.T. Magen & Company Inc. 401(k) PlanJ.T. Magen & Company Inc. 40…$45MThe Northbridge Group Retirement Investment PlanThe Northbridge Group Retire…$45MAcs Technologies Group, Inc. 401(k) PlanAcs Technologies Group, Inc.…$45MDucharme, Mcmillen & Associates, Inc. 401(k) Savings PlanDucharme, Mcmillen & Associa…$45M
End-of-year total assets ($M) among J.T. Magen & Company Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$45M
Net Income-$8M
Employer EIN113136124
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (J.T. Magen & Company Inc.)

Sponsor-wide plan assets over time

All J.T. Magen & Company Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$65M 45.4540072422443% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $44.6M $64.8M ▲ +45.4%
Year Plans Participants Total Assets
2022 1 265 $45M
2023 1 263 $55M
2024 1 259 $65M

Nearby 401(k) Plans in New York

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

J.T. Magen & Company Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants J.T. Magen & Company Inc. 401(k) Plan, Total assets ($B): 0.044558287 · Participants: 265J.T. Magen & Company Inc. 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
J.T. Magen & Company Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare J.T. Magen & Company Inc. 401(k) Plan side-by-side with 3 peers →

J.T. Magen & Company Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is The Northbridge Group Retirement Investment Plan in MA ($45M); by covered participants it is Vining-Sparks Ibg, L.P. 401(k) Plan in TN (265 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (265 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 J.T. Magen & Company Inc. 401(k) Plan assets move in 2022? ▼
J.T. Magen & Company Inc. 401(k) Plan declined sharply - down 15.8% during 2022, from $53M to $45M. Reported net income was -$8M.
How have J.T. Magen & Company Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), J.T. Magen & Company Inc.'s sponsor-wide assets grew 45.5%, from $45M to $65M.
Where does J.T. Magen & Company Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
J.T. Magen & Company Inc. 401(k) Plan ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to J.T. Magen & Company Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Northbridge Group Retirement Investment Plan in MA ($45M, 20 participants).
Which 401(k) plans cover a similar participant headcount to J.T. Magen & Company Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Vining-Sparks Ibg, L.P. 401(k) Plan in TN (265 participants, N/A 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 113136124.

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.