401(k) · DOL Form 5500 · 2022

Coretech Consulting Group, LLC 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
1,891
Participants Near avg headcount
85th
Percentile by assets National rank
$19,585
Avg per participant Low balance/head
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Official DOL plan name: Magic Software Participating Companies 401(k) Plan · Sponsored by Coretech Consulting Group, LLC · Pennsylvania · Professional & Technical Services

$37M in assets, 1,891 participants

Coretech Consulting Group, LLC's Magic Software Participating Companies 401(k) Plan reported $37M in total assets and 1,891 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #18,545 in Professional & Technical Services (21,562 peers)

Coverage in Pennsylvania

Magic Software Participating Companies 401(k) Plan covers 1,891 participants in Pennsylvania, 2.3x the typical Pennsylvania plan (state average ~822 per filing). Assets: $37M.

#18,545
in Professional & Technical Services (21,562 peers)
+5.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Magic Software Participating Companies 401(k) Plan's outsized position by total assets

Magic Software Participating Companies 401(k) Plan vs every filed plan by assets

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

$37,034,994 Top 15% higher than 85% 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 Software Participating Companies 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magic Software Participating Companies 401(k) Plan lands in the large band (1,891 participants).

DOL schedule card

Filing strip 043709993 · Coretech Consulting Group, LLC PY 2022 · 401(k)

Magic Software Participating Companies 401(k) Plan · $37M · 1,891 · 85th

  • BOOK $37M
  • BOOK 1,891
  • BOOK 85th
  • BOOK 401(k)
  • BOOK near Monarch Life Insurance Company Savings Plan
  • BOOK ind #18545

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 Pennsylvania →

Magic Software Participating Companies 401(k) Plan in the asset neighbourhood

Monarch Life Insurance Company Savings PlanMonarch Life Insurance Compa…$37MAbsolute Software, Inc. 401(k) PlanAbsolute Software, Inc. 401(…$37MAvera Heart Hospital of South Dakota 401(k) PlanAvera Heart Hospital of Sout…$37MPremier Surgical Associates, PLLC 401(k) Profit Sharing PlanPremier Surgical Associates,…$37MMagic Software Participating Companies 401(k) PlanMagic Software Participating…$37M
End-of-year total assets ($M) among Magic Software Participating Companies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$37M
Net Income$1M
Employer EIN043709993
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Coretech Consulting Group, LLC)

Sponsor-wide plan assets over time

All Coretech Consulting Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$52M 40.878256926408575% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $37M $52.2M ▲ +40.9%
Year Plans Participants Total Assets
2022 1 1,891 $37M
2023 1 2,307 $48M
2024 1 2,441 $52M

Nearby 401(k) Plans in Pennsylvania

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

Magic Software Participating Companies 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Magic Software Participating Companies 401(k) Plan, Total assets ($B): 0.037034994 · Participants: 1891Magic Software Participating Companies 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
Magic Software Participating Companies 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Magic Software Participating Companies 401(k) Plan side-by-side with 3 peers →

Magic Software Participating Companies 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Monarch Life Insurance Company Savings Plan in MA ($37M); by covered participants it is Prog Holdings Employee Retirement Plan in UT (1,891 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,891 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 Software Participating Companies 401(k) Plan assets move in 2022? ▼
Magic Software Participating Companies 401(k) Plan grew at a solid clip - up 5.2% during 2022, from $35M to $37M. Reported net income was $1M.
How have Coretech Consulting Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Coretech Consulting Group, LLC's sponsor-wide assets grew 40.9%, from $37M to $52M.
Where does Magic Software Participating Companies 401(k) Plan rank by assets among Form 5500 filers? ▼
Magic Software Participating Companies 401(k) Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Magic Software Participating Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Monarch Life Insurance Company Savings Plan in MA ($37M, 38 participants).
Which 401(k) plans cover a similar participant headcount to Magic Software Participating Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Prog Holdings Employee Retirement Plan in UT (1,891 participants, $46M 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 043709993.

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.