401(k) · DOL Form 5500 · 2023

Mag Instrument, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets: 223
Participants Below avg headcount: 62nd
Percentile by assets National rank: $53,268
Avg per participant Low balance/head

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Official DOL plan name: Mag Instrument, Inc. Profit Sharing Plan · Sponsored by Mag Instrument, Inc. · California · Manufacturing

$12M in assets, 223 participants

Mag Instrument, Inc.'s Mag Instrument, Inc. Profit Sharing Plan reported $12M in total assets and 223 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

#9,254 in Manufacturing (18,722 peers)

Coverage in California

Mag Instrument, Inc. Profit Sharing Plan covers 223 participants in California, about 35% of the average California filer (state average ~630 per filing). Assets: $12M.

#9,254
in Manufacturing (18,722 peers): -0.2%
assets change YoY

The plan reported a net loss of $19K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mag Instrument, Inc. Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Mag Instrument, Inc. Profit Sharing Plan vs every filed plan by assets

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

$11,878,848 Top 38% higher than 62% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Mag Instrument, Inc. Profit Sharing 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. Mag Instrument, Inc. Profit Sharing Plan sits mid-pack in the medium band (223 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Mag Instrument, Inc. Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to -$19K in the plan year 2023 filing.
Mag Instrument, Inc. Profit Sharing Plan reported participants fell from 241 in the plan year 2022 filing to 223 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 952912384 · Mag Instrument, Inc. PY 2023 · 401(k)

Mag Instrument, Inc. Profit Sharing Plan · $12M · 223 · 62nd

PHOTO $12M
IND 223
EOY 62nd
5500 401(k)
ASSETS near Silver Cloud Inns Retirement Plan
PCT ind #9254

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 California →

End-of-year total assets ($M) among Mag Instrument, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)	$12M
Net Assets (End of Year)	$12M
Net Income	-$19K
Employer EIN	952912384
Plan Effective Date	1988-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Mag Instrument, Inc.)

Latest sponsor-wide plan assets: $12M 2.217935641614965% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	241	$12M
2023	1	223	$12M
2024	1	182	$12M

Nearby 401(k) Plans in California

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

Mag Instrument, Inc. Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants

Wells Fargo & Company 401(k) Plan $51.8B · 193,919
Google LLC 401(k) Savings Plan $39.0B · 122,867
Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
Intel 401(k) Savings Plan $22.2B · 59,863
Apple 401(k) Plan $19.8B · 106,111

Compare Mag Instrument, Inc. Profit Sharing Plan side-by-side with 3 peers →

Mag Instrument, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Silver Cloud Inns Retirement Plan in WA ($12M); by covered participants it is Pizza Wholesale of Lexington, Inc. 401(k)Retirement Savings Plan in KY (223 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Silver Cloud Inns Retirement Plan (WA) $12M · 499
Spring-Green Lawn Care Corp. Savings and Investment Plan and Trust (IL) $12M · 159
Orthopaedic Rehab Specialists, P.C. Profit Sharing Plan and Trust (MI) $12M · 134
Atlantic Plumbing Supply 401(k) Plan (NJ) $12M · 120

Similar participant headcount

Nearest other-state filings by covered participants (223 participants); asset peers above are excluded.

Pizza Wholesale of Lexington, Inc. 401(k)Retirement Savings Plan (KY) 223 · 0 off
Preferred Beef Group, LP 401(k) Plan (TX) 223 · 0 off
Human Resources Unlimited, Inc. 401(k) Plan (MI) 223 · 0 off
Big Four Companies, Inc. 401(k) Plan (TX) 223 · 0 off

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 Mag Instrument, Inc. Profit Sharing Plan assets move in 2023? ▼

Mag Instrument, Inc. Profit Sharing Plan held essentially flat - down 0.2% during 2023, from $12M to $12M. Reported net income was -$19K.

How have Mag Instrument, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Mag Instrument, Inc.'s sponsor-wide assets declined 2.2%, from $12M to $12M.

Which 401(k) plans are similar in size to Mag Instrument, Inc. Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Silver Cloud Inns Retirement Plan in WA ($12M, 499 participants).

Which 401(k) plans cover a similar participant headcount to Mag Instrument, Inc. Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Pizza Wholesale of Lexington, Inc. 401(k)Retirement Savings Plan in KY (223 participants, $13M 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 952912384.