401(k) · DOL Form 5500 · 2022

Mag Instrument, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
241
Participants Below avg headcount
68th
Percentile by assets National rank
$49,368
Avg per participant Low balance/head
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Official DOL plan name: Mag Instrument, Inc. Profit Sharing Plan · Sponsored by Mag Instrument, Inc. · California · Manufacturing

$12M in assets, 241 participants

Mag Instrument, Inc.'s Mag Instrument, Inc. Profit Sharing Plan reported $12M in total assets and 241 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #11,648 in Manufacturing (20,602 peers)

Coverage in California

Mag Instrument, Inc. Profit Sharing Plan covers 241 participants in California, about 38% of the average California filer (state average ~630 per filing). Assets: $12M.

#11,648
in Manufacturing (20,602 peers)
-19.6%
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.

Mag Instrument, Inc. Profit Sharing Plan's outsized position by total assets

Mag Instrument, Inc. Profit Sharing Plan vs every filed plan by assets

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

$11,897,595 Top 32% higher than 68% 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

Mag Instrument, Inc. Profit Sharing 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. Mag Instrument, Inc. Profit Sharing Plan sits mid-pack in the medium band (241 participants).

DOL schedule card

Filing strip 952912384 · Mag Instrument, Inc. PY 2022 · 401(k)

Mag Instrument, Inc. Profit Sharing Plan · $12M · 241 · 68th

  • SCH $12M
  • EBSA 241
  • PART 68th
  • TYPE 401(k)
  • NET near Cascade Public Media 401(k) Plan
  • BOOK ind #11648

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 California →

Mag Instrument, Inc. Profit Sharing Plan in the asset neighbourhood

Mag Instrument, Inc. Profit Sharing PlanMag Instrument, Inc. Profit …$12MCascade Public Media 401(k) PlanCascade Public Media 401(k) …$12MThe Innovative Plastics Retirement Savings PlanThe Innovative Plastics Reti…$12MDustrol, Inc. Profit Sharing PlanDustrol, Inc. Profit Sharing…$12MLock Joint Tube LLC Hourly Union Employees' 401(k) Plan and TrustLock Joint Tube LLC Hourly U…$12M
End-of-year total assets ($M) among Mag Instrument, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$12M
Net Income-$3M
Employer EIN952912384
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mag Instrument, Inc.)

Sponsor-wide plan assets over time

All Mag Instrument, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 2.217935641614965% vs 2022
2024 filing year
$11.6M$11.7M$11.8M$11.9M$12M 202220232024 $11.9M $11.6M ▼ -2.3%
Year Plans Participants Total Assets
2022 1 241 $12M
2023 1 223 $12M
2024 1 182 $12M

Nearby 401(k) Plans in California

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

Mag Instrument, Inc. Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Mag Instrument, Inc. Profit Sharing Plan, Total assets ($B): 0.011897595 · Participants: 241Mag Instrument, Inc. Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Mag Instrument, Inc. Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Mag Instrument, Inc. Profit Sharing Plan side-by-side with 3 peers →

Mag Instrument, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Cascade Public Media 401(k) Plan in WA ($12M); by covered participants it is Coastal Management Solutions 401(k) Profit Sharing Plan & Tru in VA (241 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (241 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 Mag Instrument, Inc. Profit Sharing Plan assets move in 2022? ▼
Mag Instrument, Inc. Profit Sharing Plan declined sharply - down 19.6% during 2022, from $15M to $12M. Reported net income was -$3M.
How have Mag Instrument, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mag Instrument, Inc.'s sponsor-wide assets declined 2.2%, from $12M to $12M.
Which 401(k) plans are similar in size to Mag Instrument, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cascade Public Media 401(k) Plan in WA ($12M, 131 participants).
Which 401(k) plans cover a similar participant headcount to Mag Instrument, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Coastal Management Solutions 401(k) Profit Sharing Plan & Tru in VA (241 participants, $2M 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 952912384.

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.