Profit Sharing · DOL Form 5500 · 2022

Magnum Industrial Building Company Profit Sharing Plan

Data updated 2026-08-25

$278K
Total assets Small plan by assets
2
Participants Small participant base
13th
Percentile by assets National rank
$138,816
Avg per participant Near avg balance/head
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Official DOL plan name: Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan · Sponsored by Magnum Industrial Building Company · Michigan · Construction

$278K in assets, 2 participants

Magnum Industrial Building Company's Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan reported $278K in total assets and 2 participants in its 2022 DOL Form 5500 filing, ranking in the 13th 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.

  • #1,143 in Construction (9,927 peers)

Magnum Industrial Building Company multi-year trail

Magnum Industrial Building Company's plans moved +50.7% in assets from 2022 to 2024; this filing shows Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan at $278K / 2 participants.

#1,143
in Construction (9,927 peers)
+14.2%
assets growth YoY

Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan among the smaller filed plans by assets

Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan vs every filed plan by assets

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

$277,631 13th percentile higher than 13% 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

Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

EBSA filing schedule strip

Filing strip 382015654 · Magnum Industrial Building Company PY 2022 · Profit Sharing

Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan · $278K · 2 · 13th

  • EOY $278K
  • 5500 2
  • ASSETS 13th
  • PCT Profit Sharing
  • EIN near Jhw Enterprises, Inc. Retirement Plan
  • RANK ind #1143

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 Construction retirement plans → · Plans in Michigan →

Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan in the asset neighbourhood

Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing PlanMagnum Industrial Building C…$278KJhw Enterprises, Inc. Retirement PlanJhw Enterprises, Inc. Retire…$278KYigal Zibari, D.D.S., a Professional Dental Corp. Profit Sharing PlanYigal Zibari, D.D.S., a Prof…$278KEleos Inc. Retirement Plan$278KSunny Clippers Retirement PlanSunny Clippers Retirement Pl…$277K
End-of-year total assets ($M) among Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Magnum Industrial Building Company multi-year asset trail

Sponsor-wide plan assets over time

All Magnum Industrial Building Company plans reported in each filing year

Latest sponsor-wide plan assets
$418K 50.692105708656456% vs 2022
2024 filing year
$0.25M$0.3M$0.35M$0.4M$0.45M 202220232024 $0.28M $0.42M ▲ +50.0%
Year Plans Participants Total Assets
2022 1 2 $278K
2023 1 2 $377K
2024 1 2 $418K

Magnum Industrial Building Company filing trail (2022)

Total Assets (Beginning of Year)$243K
Net Assets (End of Year)$278K
Net Income$35K
Employer EIN382015654
Plan Effective Date1974-06-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan, Total assets ($B): 0.000277631 · Participants: 2Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.562673044 · Participants: 15480Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.474769731 · Participants: 10395Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.370960232 · Participants: 8330Ohio Carpenters' Annuity PlanIBEW Local 150 Supplemental Pension Fund, Total assets ($B): 0.247597207 · Participants: 1286IBEW Local 150 Supplemental Pension FundHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.233598708 · Participants: 687Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan
Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan side-by-side with 3 peers →

Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Jhw Enterprises, Inc. Retirement Plan in NY ($278K); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan assets move in 2022? ▼
Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan grew at a solid clip - up 14.2% during 2022, from $243K to $278K. Reported net income was $35K.
How have Magnum Industrial Building Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magnum Industrial Building Company's sponsor-wide assets grew 50.7%, from $278K to $418K.
Where does Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan ranks in the 13th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Jhw Enterprises, Inc. Retirement Plan in NY ($278K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Magnum Industrial Building Company, Inc. Employees Retirement Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $4M 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 382015654.

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.