401(k) · DOL Form 5500 · 2022

Magic Leap, Inc. 401(k) Plan

Data updated 2026-08-25

$111M
Total assets Near avg plan size
915
Participants Near avg headcount
93rd
Percentile by assets National rank
$120,930
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Magic Leap Inc. 401(k) Plan · Sponsored by Magic Leap, Inc. · Florida · Professional & Technical Services

$111M in assets, 915 participants

Magic Leap, Inc.'s Magic Leap Inc. 401(k) Plan reported $111M in total assets and 915 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #20,362 in Professional & Technical Services (21,562 peers)

Where Magic Leap Inc. 401(k) Plan sits by assets

Magic Leap Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $111M for 915 participants (~$120,930/participant), down 11.0% in 2022.

#20,362
in Professional & Technical Services (21,562 peers)
-11.0%
assets change YoY
1.1×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Magic Leap Inc. 401(k) Plan's outsized position by total assets

Magic Leap Inc. 401(k) Plan vs every filed plan by assets

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

$110,650,861 Top 7% higher than 93% 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

Magic Leap 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. Magic Leap Inc. 401(k) Plan sits mid-pack in the medium band (915 participants).

EBSA filing schedule strip

Filing strip 453243237 · Magic Leap, Inc. PY 2022 · 401(k)

Magic Leap Inc. 401(k) Plan · $111M · 915 · 93rd

  • IND $111M
  • IND 915
  • IND 93rd
  • IND 401(k)
  • IND near Chobani Global Holdings, LLC 401(k) Profit Sharing Plan & Trust
  • IND ind #20362

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 Professional & Technical Services retirement plans → · Plans in Florida →

Magic Leap Inc. 401(k) Plan in the asset neighbourhood

Lululemon Savings Plan$111MMagic Leap Inc. 401(k) Plan$111MChobani Global Holdings, LLC 401(k) Profit Sharing Plan & TrustChobani Global Holdings, LLC…$111MBeveridge & Diamond, P.C. 401(k) Profit Sharing Plan & Trust 'a'Beveridge & Diamond, P.C. 40…$111MTrace 3 401(k) Plan$111M
End-of-year total assets ($M) among Magic Leap Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$124M
Net Assets (End of Year)$111M
Net Income-$14M
Employer EIN453243237
Plan Effective Date2016-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magic Leap, Inc.)

Sponsor-wide plan assets over time

All Magic Leap, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$184M 66.22697224199638% vs 2022
2024 filing year
$100M$150M$200M 202220232024 $111M $184M ▲ +66.2%
Year Plans Participants Total Assets
2022 1 915 $111M
2023 1 938 $148M
2024 1 1,027 $184M

Nearby 401(k) Plans in Florida

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

Magic Leap Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Magic Leap Inc. 401(k) Plan, Total assets ($B): 0.110650861 · Participants: 915Magic Leap Inc. 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Magic Leap Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Magic Leap Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Chobani Global Holdings, LLC 401(k) Profit Sharing Plan & Trust in NY ($111M); by covered participants it is Inland Technologies International Limited 401(k) Plan in (915 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($111M here).

Similar participant headcount

Nearest other-state filings by covered participants (915 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 Magic Leap Inc. 401(k) Plan assets move in 2022?
Magic Leap Inc. 401(k) Plan pulled back noticeably - down 11.0% during 2022, from $124M to $111M. Reported net income was -$14M.
How have Magic Leap, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Magic Leap, Inc.'s sponsor-wide assets grew 66.2%, from $111M to $184M.
Where does Magic Leap Inc. 401(k) Plan rank by assets among Form 5500 filers?
Magic Leap Inc. 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Magic Leap Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Chobani Global Holdings, LLC 401(k) Profit Sharing Plan & Trust in NY ($111M, 2,267 participants).
Which 401(k) plans cover a similar participant headcount to Magic Leap Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Inland Technologies International Limited 401(k) Plan in (915 participants, $8M in assets).