401(k) · DOL Form 5500 · 2022

Coretech Consulting Group, LLC 401(k) Plan

Data updated 2026-08-11

$37M
Total assets
1,891
Participants
85th
Percentile by assets
$19,585
Avg per participant
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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.

  • 85th percentile by assets (of 139,126 plans)
  • #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.

$37M
total plan assets (2022 EOY)
1,891
covered participants
85th
percentile by assets (of 139,126 plans)
$19,585
avg assets per participant

Where Magic Software Participating Companies 401(k) Plan sits 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 $2,010,000,000 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

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Magic Software Participating Companies 401(k) Plan reports 1,891 participants - 2.3x that state average ($37M EOY assets).

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)

$35M$40M$45M$50M$55M 202220232024 $37M $52.2M ▲ +40.9%
Total plan assets by year, all Coretech Consulting Group, LLC plans on file
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 ($B) Participants Magic Software Parti…, Total assets ($B): 0.037034994 · Participants: 1891Magic Software Parti…Comcast Corporation …, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation …Cigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Se…, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Se…The Vanguard Retirem…, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirem…The Bank of New York…, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York…
Magic Software Participating Companies 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Magic Software Participating Companies 401(k) Plan by total assets, not by location.

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).

Next read for Magic Software Participating Companies 4…

Filing takeaways

Ways to act on Magic Software Participating Companies 401(k) Plan's numbers.