401(k) · DOL Form 5500 · 2023

Magnix USA, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
97
Participants Small participant base
51st
Percentile by assets National rank
$72,716
Avg per participant Below avg balance/head
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Official DOL plan name: Magnix USA, Inc. 401(k) Plan & Trust · Sponsored by Magnix USA, Inc. · Washington · Manufacturing

$7M in assets, 97 participants

Magnix USA, Inc.'s Magnix USA, Inc. 401(k) Plan & Trust reported $7M in total assets and 97 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #6,640 in Manufacturing (18,722 peers)

Magnix USA, Inc. multi-year trail

Magnix USA, Inc.'s plans moved +33.7% in assets from 2023 to 2024; this filing shows Magnix USA, Inc. 401(k) Plan & Trust at $7M / 97 participants.

#6,640
in Manufacturing (18,722 peers)
+71.3%
assets growth YoY

Magnix USA, Inc. 401(k) Plan & Trust's mid-pack asset rank among Manufacturing and all filers

Magnix USA, Inc. 401(k) Plan & Trust vs every filed plan by assets

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

$7,053,463 Top 49% higher than 51% 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

Magnix USA, Inc. 401(k) Plan & Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magnix USA, Inc. 401(k) Plan & Trust is a small filing (97 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 830709687 · Magnix USA, Inc. PY 2023 · 401(k)

Magnix USA, Inc. 401(k) Plan & Trust · $7M · 97 · 51st

  • PART $7M
  • TYPE 97
  • NET 51st
  • BOOK 401(k)
  • VS-ST near Ada Technologies 401(k) Retirement Savings Plan
  • BOY ind #6640

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 Manufacturing retirement plans → · Plans in Washington →

Magnix USA, Inc. 401(k) Plan & Trust in the asset neighbourhood

Magnix USA, Inc. 401(k) Plan & TrustMagnix USA, Inc. 401(k) Plan…$7MAda Technologies 401(k) Retirement Savings PlanAda Technologies 401(k) Reti…$7MRed Mountain Med Spa, LLC 401(k) PlanRed Mountain Med Spa, LLC 40…$7MLegal Action of Wisconsin, Inc. 401(k) Profit Sharing PlanLegal Action of Wisconsin, I…$7MBradley Plumbing & Heating, Inc. 401(k) Profit Sharing Plan and TrustBradley Plumbing & Heating, …$7M
End-of-year total assets ($M) among Magnix USA, Inc. 401(k) Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Magnix USA, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Magnix USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 33.66282633083919% vs 2023
2024 filing year
$6M$7M$8M$9M$10M 20232024 $7.05M $9.43M ▲ +33.8%
Year Plans Participants Total Assets
2023 1 97 $7M
2024 1 92 $9M

Magnix USA, Inc. filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$7M
Net Income$3M
Employer EIN830709687
Plan Effective Date2018-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Washington

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

Magnix USA, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Magnix USA, Inc. 401(k) Plan & Trust, Total assets ($B): 0.007053463 · Participants: 97Magnix USA, Inc. 401(k) Plan & TrustThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Magnix USA, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Washington, assets vs. participants

Magnix USA, Inc. 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Ada Technologies 401(k) Retirement Savings Plan in OH ($7M); by covered participants it is Pioneer Lines, Inc. 401(k) Plan in FL (97 participants). Same-state nearby plans are listed separately above.

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 Magnix USA, Inc. 401(k) Plan & Trust assets move in 2023?
Magnix USA, Inc. 401(k) Plan & Trust surged - up 71.3% during 2023, from $4M to $7M. Reported net income was $3M.
How have Magnix USA, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Magnix USA, Inc.'s sponsor-wide assets grew 33.7%, from $7M to $9M.
Which 401(k) plans are similar in size to Magnix USA, Inc. 401(k) Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Ada Technologies 401(k) Retirement Savings Plan in OH ($7M, 126 participants).
Which 401(k) plans cover a similar participant headcount to Magnix USA, Inc. 401(k) Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Pioneer Lines, Inc. 401(k) Plan in FL (97 participants, N/A in assets).