401(k) · DOL Form 5500 · 2023

Magnitude 7 Metals, LLC 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
549
Participants Below avg headcount
60th
Percentile by assets National rank
$19,321
Avg per participant Low balance/head
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Official DOL plan name: Magnitude 7 Metals 401(k) Plan · Sponsored by Magnitude 7 Metals, LLC · Missouri · Manufacturing

$11M in assets, 549 participants

Magnitude 7 Metals, LLC's Magnitude 7 Metals 401(k) Plan reported $11M in total assets and 549 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,678 in Manufacturing (18,722 peers)

2023 asset change

Magnitude 7 Metals 401(k) Plan grew sharply 18.7% in 2023 ($9M → $11M) for 549 participants.

#8,678
in Manufacturing (18,722 peers)
+18.7%
assets growth YoY

Magnitude 7 Metals 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Magnitude 7 Metals 401(k) Plan vs every filed plan by assets

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

$10,607,285 Top 40% higher than 60% 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

Magnitude 7 Metals 401(k) Plan 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. Magnitude 7 Metals 401(k) Plan sits mid-pack in the medium band (549 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Magnitude 7 Metals 401(k) Plan reported net income rose from -$495K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Magnitude 7 Metals 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Magnitude 7 Metals 401(k) Plan reported participants fell from 567 in the plan year 2022 filing to 549 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 814233502 · Magnitude 7 Metals, LLC PY 2023 · 401(k)

Magnitude 7 Metals 401(k) Plan · $11M · 549 · 60th

  • PCT $11M
  • PCT 549
  • PCT 60th
  • PCT 401(k)
  • PCT near Achates Power, Inc. 401(k) Plan
  • PCT ind #8678

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 Missouri →

Magnitude 7 Metals 401(k) Plan in the asset neighbourhood

Magnitude 7 Metals 401(k) PlanMagnitude 7 Metals 401(k) Pl…$11MAchates Power, Inc. 401(k) PlanAchates Power, Inc. 401(k) P…$11MDscout, Inc. 401(k) Plan$11MMorgan Foods Retiree Medical 401(k) Savings PlanMorgan Foods Retiree Medical…$11MWeston Buick Gmc, Inc. 401(k) PlanWeston Buick Gmc, Inc. 401(k…$11M
End-of-year total assets ($M) among Magnitude 7 Metals 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Magnitude 7 Metals, LLC years around the 2023 move

Sponsor-wide plan assets over time

All Magnitude 7 Metals, LLC plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$5M$10M$15M 202220232024 $8.94M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 567 $9M
2023 1 549 $11M
2024 1 517 N/A

2023 asset-move particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN814233502
Plan Effective Date2018-03-16
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Missouri

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

Magnitude 7 Metals 401(k) Plan vs. nearby 401(k) plans in Missouri, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Magnitude 7 Metals 401(k) Plan, Total assets ($B): 0.010607285 · Participants: 549Magnitude 7 Metals 401(k) PlanEdward D. Jones & Co. Profit Sharing and 401(k) Plan, Total assets ($B): 10.594991308 · Participants: 49944Edward D. Jones & Co. Profit Sharing and 401(k) PlanBayer Corporation Savings and Retirement Plan, Total assets ($B): 10.333863661 · Participants: 19273Bayer Corporation Savings and Retirement PlanEnterprise Holdings Retirement Savings Plan, Total assets ($B): 5.607728879 · Participants: 66210Enterprise Holdings Retirement Savings PlanCentene Management Corporation Retirement Plan, Total assets ($B): 4.047068199 · Participants: 53822Centene Management Corporation Retirement PlanEmerson Electric Company Employee Savings Investment Plan, Total assets ($B): 3.563332746 · Participants: 10316Emerson Electric Company Employee Savings Investment Plan
Magnitude 7 Metals 401(k) Plan vs. nearby 401(k) plans in Missouri, assets vs. participants

Magnitude 7 Metals 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Missouri, the nearest 401(k) by assets is Achates Power, Inc. 401(k) Plan in CA ($11M); by covered participants it is Brownstein Hyatt Farber Schreck Retirement Plan in CO (549 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (549 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 Magnitude 7 Metals 401(k) Plan assets move in 2023?
Magnitude 7 Metals 401(k) Plan grew sharply - up 18.7% during 2023, from $9M to $11M. Reported net income was $2M.
Which 401(k) plans are similar in size to Magnitude 7 Metals 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Achates Power, Inc. 401(k) Plan in CA ($11M, 34 participants).
Which 401(k) plans cover a similar participant headcount to Magnitude 7 Metals 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Brownstein Hyatt Farber Schreck Retirement Plan in CO (549 participants, $230M in assets).