401(k) · DOL Form 5500 · 2022

US Magnesium LLC 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
145
Participants Small participant base
85th
Percentile by assets National rank
$256,789
Avg per participant Above avg balance/head
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Official DOL plan name: US Magnesium LLC Salaried Pension and 401(k) Plan · Sponsored by US Magnesium LLC · Utah · Manufacturing

$37M in assets, 145 participants

US Magnesium LLC's US Magnesium LLC Salaried Pension and 401(k) Plan reported $37M in total assets and 145 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #16,240 in Manufacturing (20,602 peers)

Coverage in Utah

US Magnesium LLC Salaried Pension and 401(k) Plan covers 145 participants in Utah, about 25% of the average Utah filer (state average ~592 per filing). Assets: $37M.

#16,240
in Manufacturing (20,602 peers)
-19.8%
assets change YoY
0.4×
vs typical plan assets (national mean)

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.

US Magnesium LLC Salaried Pension and 401(k) Plan's outsized position by total assets

US Magnesium LLC Salaried Pension and 401(k) Plan vs every filed plan by assets

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

$37,234,424 Top 15% higher than 85% 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

US Magnesium LLC Salaried Pension and 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. US Magnesium LLC Salaried Pension and 401(k) Plan sits mid-pack in the medium band (145 participants).

EBSA filing schedule strip

Filing strip 010705446 · US Magnesium LLC PY 2022 · 401(k)

US Magnesium LLC Salaried Pension and 401(k) Plan · $37M · 145 · 85th

  • 5500 $37M
  • 5500 145
  • 5500 85th
  • 5500 401(k)
  • 5500 near Nic Holding Corp. Employees 401(k) Savings Plan
  • 5500 ind #16240

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 Manufacturing retirement plans → · Plans in Utah →

US Magnesium LLC Salaried Pension and 401(k) Plan in the asset neighbourhood

Nic Holding Corp. Employees 401(k) Savings PlanNic Holding Corp. Employees …$37MMission Pharmacal Company Retirement Savings PlanMission Pharmacal Company Re…$37MEmergency Services, Inc. 401(k) Profit Sharing PlanEmergency Services, Inc. 401…$37MUS Magnesium LLC Salaried Pension and 401(k) PlanUS Magnesium LLC Salaried Pe…$37MRoger Cleveland Golf Co., Inc. 401(k) Savings PlanRoger Cleveland Golf Co., In…$37M
End-of-year total assets ($M) among US Magnesium LLC Salaried Pension and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utah filing particulars

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$37M
Net Income-$10M
Employer EIN010705446
Plan Effective Date1989-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (US Magnesium LLC)

Sponsor-wide plan assets over time

All US Magnesium LLC plans reported in each filing year

Latest sponsor-wide plan assets
$66M 18.495045563043472% vs 2022
2024 filing year
$60M$65M$70M$75M$80M$85M 202220232024 $80.5M $65.6M ▼ -18.5%
Year Plans Participants Total Assets
2022 3 487 $80M
2023 3 371 $76M
2024 3 309 $66M

Nearby 401(k) Plans in Utah

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

US Magnesium LLC Salaried Pension and 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants US Magnesium LLC Salaried Pension and 401(k) Plan, Total assets ($B): 0.037234424 · Participants: 145US Magnesium LLC Salaried Pension and 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 4.66432779 · Participants: 23455Deseret 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 3.594057 · Participants: 42446Intermountain Healthcare Savings Plus 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.478809721 · Participants: 9870Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 0.951734159 · Participants: 16878Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.588382505 · Participants: 4068Autoliv Asp, Inc. Employee Savings and Investment Plan
US Magnesium LLC Salaried Pension and 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare US Magnesium LLC Salaried Pension and 401(k) Plan side-by-side with 3 peers →

US Magnesium LLC Salaried Pension and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Nic Holding Corp. Employees 401(k) Savings Plan in NY ($37M); by covered participants it is Empower Health Services LLC 401(k) Profit Sharing Plan & Trust in IL (145 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (145 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 US Magnesium LLC Salaried Pension and 401(k) Plan assets move in 2022? ▼
US Magnesium LLC Salaried Pension and 401(k) Plan declined sharply - down 19.8% during 2022, from $46M to $37M. Reported net income was -$10M.
How have US Magnesium LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), US Magnesium LLC's sponsor-wide assets declined 18.5%, from $80M to $66M.
Where does US Magnesium LLC Salaried Pension and 401(k) Plan rank by assets among Form 5500 filers? ▼
US Magnesium LLC Salaried Pension and 401(k) Plan ranks in the 85th 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 US Magnesium LLC Salaried Pension and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nic Holding Corp. Employees 401(k) Savings Plan in NY ($37M, 83 participants).
Which 401(k) plans cover a similar participant headcount to US Magnesium LLC Salaried Pension and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Empower Health Services LLC 401(k) Profit Sharing Plan & Trust in IL (145 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 010705446.

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.