Profit Sharing · DOL Form 5500 · 2022

Mglt Inc. Profit Sharing Plan

Data updated 2026-08-25

$475K
Total assets Small plan by assets
2
Participants Small participant base
18th
Percentile by assets National rank
$237,500
Avg per participant Above avg balance/head
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Official DOL plan name: Mglt Inc. Retirement Plan · Sponsored by Mglt Inc. · New York · Other Services

$475K in assets, 2 participants

Mglt Inc.'s Mglt Inc. Retirement Plan reported $475K in total assets and 2 participants in its 2022 DOL Form 5500 filing, ranking in the 18th 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.

  • #3,174 in Other Services (8,398 peers)

Other Services sector rank

Within Other Services, Mglt Inc. Retirement Plan ranks #3,174 of 8,398 2022 filers by assets (4225% of the sector average)-$475K for 2 participants.

#3,174
in Other Services (8,398 peers)
+7.2%
assets growth YoY

Mglt Inc. Retirement Plan among the smaller filed plans by assets

Mglt Inc. Retirement Plan vs every filed plan by assets

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

$475,000 18th percentile higher than 18% 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

Mglt Inc. Retirement 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. Mglt Inc. Retirement Plan is a micro filing (2 participants), the leftmost band.

EBSA filing schedule strip

Filing strip 471264483 · Mglt Inc. PY 2022 · Profit Sharing

Mglt Inc. Retirement Plan · $475K · 2 · 18th

  • EOY $475K
  • 5500 2
  • ASSETS 18th
  • PCT Profit Sharing
  • EIN near Rock Solid Life Corporation Retirement Plan
  • RANK ind #3174

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 Other Services retirement plans → · Plans in New York →

Mglt Inc. Retirement Plan in the asset neighbourhood

Mglt Inc. Retirement Plan$475KRock Solid Life Corporation Retirement PlanRock Solid Life Corporation …$475KSamsyd Corp. Retirement Plan$475KMark & Kathy Corp. Profit Sharing PlanMark & Kathy Corp. Profit Sh…$475KCarlos Santiago Alicea Profit Sharing Retriement PlanCarlos Santiago Alicea Profi…$475K
End-of-year total assets ($M) among Mglt Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Other Services filing particulars

Total Assets (Beginning of Year)$443K
Net Assets (End of Year)$475K
Net Income$32K
Employer EIN471264483
Plan Effective Date2014-07-04
Filing StatusFILING RECEIVED

Sponsor Plan History (Mglt Inc.)

Sponsor-wide plan assets over time

All Mglt Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$495K 4.2105263157894735% vs 2022
2024 filing year
$0.47M$0.48M$0.49M$0.5M$0.51M 202220232024 $0.48M $0.5M ▲ +4.2%
Year Plans Participants Total Assets
2022 1 2 $475K
2023 1 3 $475K
2024 1 3 $495K

Nearby Profit Sharing Plans in New York

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

Mglt Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Mglt Inc. Retirement Plan, Total assets ($B): 0.000475 · Participants: 2Mglt Inc. Retirement PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 1.982735962 · Participants: 19997Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.649838154 · Participants: 3494Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.458865603 · Participants: 5696Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.065250862 · Participants: 11139The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.836936679 · Participants: 11072Mason Tenders District Council Annuity Fund
Mglt Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Mglt Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Rock Solid Life Corporation Retirement Plan in AL ($475K); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

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 Mglt Inc. Retirement Plan assets move in 2022?
Mglt Inc. Retirement Plan grew at a solid clip - up 7.2% during 2022, from $443K to $475K. Reported net income was $32K.
How have Mglt Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mglt Inc.'s sponsor-wide assets grew 4.2%, from $475K to $495K.
Where does Mglt Inc. Retirement Plan rank by assets among Form 5500 filers?
Mglt Inc. Retirement Plan ranks in the 18th 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 Mglt Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Rock Solid Life Corporation Retirement Plan in AL ($475K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Mglt Inc. Retirement 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).