401(k) · DOL Form 5500 · 2023

MAJESCO 401(k) Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
467
Participants Below avg headcount
85th
Percentile by assets National rank
$104,394
Avg per participant Below avg balance/head
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Official DOL plan name: Majesco 401(k) Plan · Sponsored by MAJESCO · New Jersey · Information & Media

$49M in assets, 467 participants

MAJESCO's Majesco 401(k) Plan reported $49M in total assets and 467 participants in its 2023 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.

  • #2,236 in Information & Media (2,818 peers)

Where Majesco 401(k) Plan sits by assets

Majesco 401(k) Plan sits in the top quartile of all filed plans by assets, $49M for 467 participants (~$104,394/participant), up 28.5% in 2023.

#2,236
in Information & Media (2,818 peers)
+28.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Majesco 401(k) Plan's outsized position by total assets

Majesco 401(k) Plan vs every filed plan by assets

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

$48,751,939 Top 15% higher than 85% 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

Majesco 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. Majesco 401(k) Plan sits mid-pack in the medium band (467 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Majesco 401(k) Plan reported net income rose from $240K in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Majesco 401(k) Plan end-of-year assets rose from $38M in the plan year 2022 filing to $49M in the plan year 2023 filing.
  • Majesco 401(k) Plan reported participants fell from 473 in the plan year 2022 filing to 467 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 770309142 · MAJESCO PY 2023 · 401(k)

Majesco 401(k) Plan · $49M · 467 · 85th

  • 5500 $49M
  • 5500 467
  • 5500 85th
  • 5500 401(k)
  • 5500 near Quadax, Inc. 401(k) Profit Sharing Plan and Trust
  • 5500 ind #2236

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 Information & Media retirement plans → · Plans in New Jersey →

Majesco 401(k) Plan in the asset neighbourhood

The Bellevue Hospital 401(k) Plan the Bellevue HospitalThe Bellevue Hospital 401(k)…$49MJacobsen Construction Company, Inc. 401(k) PlanJacobsen Construction Compan…$49MMajesco 401(k) Plan$49MQuadax, Inc. 401(k) Profit Sharing Plan and TrustQuadax, Inc. 401(k) Profit S…$49MMidwest Machinery Co. 401(k) PlanMidwest Machinery Co. 401(k)…$49M
End-of-year total assets ($M) among Majesco 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$49M
Net Income$11M
Employer EIN770309142
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (MAJESCO)

Sponsor-wide plan assets over time

All MAJESCO plans reported in each filing year

Latest sponsor-wide plan assets
$65M 71.16889787091965% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $38M $65M ▲ +71.1%
Year Plans Participants Total Assets
2022 1 473 $38M
2023 1 467 $49M
2024 1 468 $65M

Nearby 401(k) Plans in New Jersey

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

Majesco 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Majesco 401(k) Plan, Total assets ($B): 0.048751939 · Participants: 467Majesco 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Majesco 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

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

Outside New Jersey, the nearest 401(k) by assets is Quadax, Inc. 401(k) Profit Sharing Plan and Trust in OH ($49M); by covered participants it is United Fashions of Texas 401(k) Plan in TX (467 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (467 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 Majesco 401(k) Plan assets move in 2023?
Majesco 401(k) Plan grew sharply - up 28.5% during 2023, from $38M to $49M. Reported net income was $11M.
How have MAJESCO plan assets changed over time?
Across 3 plan years on file (2022-2024), MAJESCO's sponsor-wide assets grew 71.2%, from $38M to $65M.
Where does Majesco 401(k) Plan rank by assets among Form 5500 filers?
Majesco 401(k) Plan ranks in the 85th 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 Majesco 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Quadax, Inc. 401(k) Profit Sharing Plan and Trust in OH ($49M, 804 participants).
Which 401(k) plans cover a similar participant headcount to Majesco 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is United Fashions of Texas 401(k) Plan in TX (467 participants, $9M in assets).