Profit Sharing · DOL Form 5500 · 2023

Magellan Industrial Trading Co.Inc Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
4
Participants Small participant base
37th
Percentile by assets National rank
$803,225
Avg per participant High balance/head
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Official DOL plan name: Magellan Industrial Trading Co., Inc. Profit Sharing Plan · Sponsored by Magellan Industrial Trading Co.Inc · Connecticut · Wholesale Trade

$3M in assets, 4 participants

Magellan Industrial Trading Co.Inc's Magellan Industrial Trading Co., Inc. Profit Sharing Plan reported $3M in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

  • #1,627 in Wholesale Trade (6,309 peers)

Magellan Industrial Trading Co.Inc multi-year trail

Magellan Industrial Trading Co.Inc's plans moved +30.0% in assets from 2022 to 2024; this filing shows Magellan Industrial Trading Co., Inc. Profit Sharing Plan at $3M / 4 participants.

#1,627
in Wholesale Trade (6,309 peers)
+6.6%
assets growth YoY

Magellan Industrial Trading Co., Inc. Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Magellan Industrial Trading Co., Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$3,212,899 37th percentile higher than 37% of 127,068 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 2023

Magellan Industrial Trading Co., Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magellan Industrial Trading Co., Inc. Profit Sharing Plan is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Magellan Industrial Trading Co., Inc. Profit Sharing Plan reported net income rose from -$469K in the plan year 2022 filing to $200K in the plan year 2023 filing.
  • Magellan Industrial Trading Co., Inc. Profit Sharing Plan reported participants rose from 3 in the plan year 2022 filing to 4 in the plan year 2023 filing.
  • Magellan Industrial Trading Co., Inc. Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 133378916 · Magellan Industrial Trading Co.Inc PY 2023 · Profit Sharing

Magellan Industrial Trading Co., Inc. Profit Sharing Plan · $3M · 4 · 37th

  • PART $3M
  • TYPE 4
  • NET 37th
  • BOOK Profit Sharing
  • VS-ST near Susson Law, a Professional Corporation Profit Sharing Plan
  • BOY ind #1627

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 Wholesale Trade retirement plans → · Plans in Connecticut →

Magellan Industrial Trading Co., Inc. Profit Sharing Plan in the asset neighbourhood

Magellan Industrial Trading Co., Inc. Profit Sharing PlanMagellan Industrial Trading …$3MSusson Law, a Professional Corporation Profit Sharing PlanSusson Law, a Professional C…$3MCreative Automation Employees Incentive Profit ShaCreative Automation Employee…$3MGore Bros., Inc. Profit Sharing PlanGore Bros., Inc. Profit Shar…$3MPomme Rouge Properties Corp. Retirement PlanPomme Rouge Properties Corp.…$3M
End-of-year total assets ($M) among Magellan Industrial Trading Co., Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Magellan Industrial Trading Co.Inc multi-year asset trail

Sponsor-wide plan assets over time

All Magellan Industrial Trading Co.Inc plans reported in each filing year

Latest sponsor-wide plan assets
$4M 30.035623379265687% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $3.01M $3.92M ▲ +30.2%
Year Plans Participants Total Assets
2022 1 3 $3M
2023 1 4 $3M
2024 1 4 $4M

Magellan Industrial Trading Co.Inc filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$200K
Employer EIN133378916
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Connecticut

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

Magellan Industrial Trading Co., Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.5 Total assets ($B) Participants Magellan Industrial Trading Co., Inc. Profit Sharing Plan, Total assets ($B): 0.003212899 · Participants: 4Magellan Industrial Trading Co., Inc. Profit Sharing PlanNorth Atlantic States Carpenters Annuity Plan, Total assets ($B): 1.288455949 · Participants: 11025North Atlantic States Carpenters Annuity PlanConnecticut Children's Retirement Savings Plan, Total assets ($B): 0.466980856 · Participants: 3094Connecticut Children's Retirement Savings PlanThe Lee Company Profit Sharing Plan, Total assets ($B): 0.449271257 · Participants: 989The Lee Company Profit Sharing PlanConnecticut Pipetrades Local No. 777 Annuity Plan, Total assets ($B): 0.245691491 · Participants: 2559Connecticut Pipetrades Local No. 777 Annuity PlanConnecticut Laborers' Annuity Plan, Total assets ($B): 0.24493598 · Participants: 3065Connecticut Laborers' Annuity Plan
Magellan Industrial Trading Co., Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants
Compare Magellan Industrial Trading Co., Inc. Profit Sharing Plan side-by-side with 3 peers →

Magellan Industrial Trading Co., Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Connecticut, the nearest Profit Sharing by assets is Susson Law, a Professional Corporation Profit Sharing Plan in CA ($3M); by covered participants it is Sj Grillo Profit Sharing Plan in NY (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Magellan Industrial Trading Co., Inc. Profit Sharing Plan assets move in 2023? ▼
Magellan Industrial Trading Co., Inc. Profit Sharing Plan grew at a solid clip - up 6.6% during 2023, from $3M to $3M. Reported net income was $200K.
How have Magellan Industrial Trading Co.Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magellan Industrial Trading Co.Inc's sponsor-wide assets grew 30.0%, from $3M to $4M.
Which Profit Sharing plans are similar in size to Magellan Industrial Trading Co., Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Susson Law, a Professional Corporation Profit Sharing Plan in CA ($3M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Magellan Industrial Trading Co., Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Sj Grillo Profit Sharing Plan in NY (4 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 133378916.

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.