401(k) · DOL Form 5500 · 2023

Magnusson Klemencic Associates Inc. 401(k) Plan

Data updated 2026-08-25

$72M
Total assets Below avg plan size
196
Participants Below avg headcount
89th
Percentile by assets National rank
$366,214
Avg per participant High balance/head
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Official DOL plan name: Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) · Sponsored by Magnusson Klemencic Associates Inc. · Washington · Professional & Technical Services

$72M in assets, 196 participants

Magnusson Klemencic Associates Inc.'s Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) reported $72M in total assets and 196 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #18,291 in Professional & Technical Services (20,321 peers)

Coverage in Washington

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) covers 196 participants in Washington, about 13% of the average Washington filer (state average ~1,476 per filing). Assets: $72M.

#18,291
in Professional & Technical Services (20,321 peers)
+17.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)'s outsized position by total assets

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) vs every filed plan by assets

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

$71,777,974 Top 11% higher than 89% 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

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) sits mid-pack in the medium band (196 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) reported net income rose from -$11M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) end-of-year assets rose from $61M in the plan year 2022 filing to $72M in the plan year 2023 filing.
  • Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) reported participants rose from 188 in the plan year 2022 filing to 196 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 910861758 · Magnusson Klemencic Associates Inc. PY 2023 · 401(k)

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) · $72M · 196 · 89th

  • EIN $72M
  • RANK 196
  • PHOTO 89th
  • IND 401(k)
  • EOY near Federal Home Loan Bank of Pittsburgh Defined Contribution Plan
  • 5500 ind #18291

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 Washington →

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) in the asset neighbourhood

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)Magnusson Klemencic Associat…$72MFederal Home Loan Bank of Pittsburgh Defined Contribution PlanFederal Home Loan Bank of Pi…$72MShimmick Consruction Co, Inc. 401(k) Profit Sharing PlanShimmick Consruction Co, Inc…$72MSyncreon Employees 401(k) PlanSyncreon Employees 401(k) Pl…$72MMorongo Band of Mission Indians 401(k) Retirement PlanMorongo Band of Mission Indi…$72M
End-of-year total assets ($M) among Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$72M
Net Income$11M
Employer EIN910861758
Plan Effective Date1967-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnusson Klemencic Associates Inc.)

Sponsor-wide plan assets over time

All Magnusson Klemencic Associates Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$77M 26.261747687305988% vs 2022
2024 filing year
$55M$60M$65M$70M$75M$80M 202220232024 $61.2M $77.3M ▲ +26.3%
Year Plans Participants Total Assets
2022 1 188 $61M
2023 1 196 $72M
2024 1 150 $77M

Nearby 401(k) Plans in Washington

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

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k), Total assets ($B): 0.071777974 · Participants: 196Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)The 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
Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) vs. nearby 401(k) plans in Washington, assets vs. participants

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)'s out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Federal Home Loan Bank of Pittsburgh Defined Contribution Plan in PA ($72M); by covered participants it is Logicworks 401(k) Plan in NY (196 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (196 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 Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) assets move in 2023?
Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) grew sharply - up 17.2% during 2023, from $61M to $72M. Reported net income was $11M.
How have Magnusson Klemencic Associates Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Magnusson Klemencic Associates Inc.'s sponsor-wide assets grew 26.3%, from $61M to $77M.
Where does Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) rank by assets among Form 5500 filers?
Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)?
Among 401(k) plans in other states, the closest by assets is Federal Home Loan Bank of Pittsburgh Defined Contribution Plan in PA ($72M, 230 participants).
Which 401(k) plans cover a similar participant headcount to Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)?
Among 401(k) plans in other states, the closest by covered participants is Logicworks 401(k) Plan in NY (196 participants, N/A in assets).