401(k) · DOL Form 5500 · 2022
US Magnesium LLC 401(k) Plan
Data updated 2026-08-25
- $9M
- Total assets Small plan by assets
- 285
- Participants Below avg headcount
- 62nd
- Percentile by assets National rank
- $30,603
- Avg per participant Low balance/head
Official DOL plan name: US Magnesium LLC Hourly 401(k) Plan · Sponsored by US Magnesium LLC · Utah · Manufacturing
$9M in assets, 285 participants
US Magnesium LLC's US Magnesium LLC Hourly 401(k) Plan reported $9M in total assets and 285 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd 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.
- #10,002 in Manufacturing (20,602 peers)
Coverage in Utah
US Magnesium LLC Hourly 401(k) Plan covers 285 participants in Utah, about 48% of the average Utah filer (state average ~592 per filing). Assets: $9M.
- #10,002
- in Manufacturing (20,602 peers)
- -30.9%
- assets change YoY
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
US Magnesium LLC Hourly 401(k) Plan's mid-pack asset rank among Manufacturing and all filers
US Magnesium LLC Hourly 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$8,721,896 Top 38% higher than 62% 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
US Magnesium LLC Hourly 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 Hourly 401(k) Plan sits mid-pack in the medium band (285 participants).
Published 5500 schedule card
Filing strip 010705446 · US Magnesium LLC PY 2022 · 401(k)
US Magnesium LLC Hourly 401(k) Plan · $9M · 285 · 62nd
- ASSETS $9M
- ASSETS 285
- ASSETS 62nd
- ASSETS 401(k)
- ASSETS near Heeter Printing Company Employees' 401(k) Profit Sharing Plan
- ASSETS ind #10002
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 Hourly 401(k) Plan in the asset neighbourhood
Utah filing particulars
| Total Assets (Beginning of Year) | $13M |
|---|---|
| Net Assets (End of Year) | $9M |
| Net Income | -$3M |
| Employer EIN | 010705446 |
| Plan Effective Date | 1990-03-01 |
| Filing Status | FILING 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
| 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.
- Deseret 401(k) Plan $4.7B · 23,455
- Intermountain Healthcare Savings Plus 401(k) Plan $3.6B · 42,446
- Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan $1.5B · 9,870
- Skywest, Inc. Employees' Retirement Plan $952M · 16,878
- Autoliv Asp, Inc. Employee Savings and Investment Plan $588M · 4,068
US Magnesium LLC Hourly 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Utah, the nearest 401(k) by assets is Heeter Printing Company Employees' 401(k) Profit Sharing Plan in PA ($9M); by covered participants it is The Bridgespan Group 401(k) Plan in MA (285 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($9M here).
Similar participant headcount
Nearest other-state filings by covered participants (285 participants); asset peers above are excluded.
- The Bridgespan Group 401(k) Plan (MA) 285 · 0 off
- Bpa International, Inc 401(k) Plan (NY) 285 · 0 off
- Bluegrass Supply Chain Services 401(k) Profit Sharing Plan and Trust (KY) 285 · 0 off
- American Institute for Cpcu Savings Plan (PA) 285 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.