401(k) Β· DOL Form 5500 Β· 2022

Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$292M
Total assets
19,516
Participants
95th
Percentile by assets

Sponsored by Magnit Global Solutions, Inc. Β· New York Β· Administrative & Support Services

What the 2022 filing shows

Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee holds $292M for 19,516 participants - about $14,948 per participant, in the top 5% of all filed plans by assets, down 11.0% over the 2022 plan year.

$292M
total plan assets (2022 EOY)
19,516
covered participants
95th
percentile by assets (of 84,055 plans)
$14,948
avg assets per participant

The plan reported a net loss of $36M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$292M
Participants
19,516
State
Industry
Administrative & Support Services

What the Filing Says About Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee

Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee is a 401(k) retirement plan sponsored by Magnit Global Solutions, Inc., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $292M in total end-of-year assets and covers 19,516 participants across the Administrative & Support Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 273835632, and the plan has been effective since 1987-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $328M at the beginning of 2022 to $292M at year-end - a decline of 11.0%. Net assets (after liabilities) closed the year at $292M, with reported net income of $-35,985,816 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$328M
Total Assets (End of Year)$292M
Net Assets (End of Year)$292M
Net Income$-35,985,816
Plan Type401(k)
Employer EIN273835632
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnit Global Solutions, Inc.)

Year Plans Participants Total Assets
2022 1 19,516 $292M
2023 1 25,954 $425M
2024 1 25,100 $484M

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Frequently Asked Questions

How much money is in the Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee?
As of the 2022 Form 5500 filing, Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee holds $292M in total assets with 19,516 participants. It is sponsored by Magnit Global Solutions, Inc..
What type of plan is Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee?
Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee is a 401(k) plan. It has been effective since 1987-01-01. The plan is filed with the U.S. Department of Labor under EIN 273835632.
Who sponsors the Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee?
Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee is sponsored by Magnit Global Solutions, Inc., located in New York. The sponsor's EIN is 273835632 and the plan operates in the Administrative & Support Services industry.
How did Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee perform in 2022?
Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee declined by 11.0% during 2022, moving from $328M to $292M in total assets. Net income was $-35,985,816.
Where can I find official filings for Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee?
Official Form 5500 filings for Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 273835632 or plan name at efast.dol.gov.
How does Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee compare to other plans?
You can compare Pro Unlimited Global Solutions, Inc. and Subsidiaries 401(k) Employee against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 273835632.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.