401(k) · DOL Form 5500 · 2023

Magic Leap, Inc. 401(k) Plan

Data updated 2026-08-25

$148M
Total assets Near avg plan size
938
Participants Near avg headcount
93rd
Percentile by assets National rank
$157,987
Avg per participant Above avg balance/head
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Official DOL plan name: Magic Leap Inc. 401(k) Plan · Sponsored by Magic Leap, Inc. · Florida · Professional & Technical Services

$148M in assets, 938 participants

Magic Leap, Inc.'s Magic Leap Inc. 401(k) Plan reported $148M in total assets and 938 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #19,238 in Professional & Technical Services (20,321 peers)

Where Magic Leap Inc. 401(k) Plan sits by assets

Magic Leap Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $148M for 938 participants (~$157,987/participant), up 33.9% in 2023.

#19,238
in Professional & Technical Services (20,321 peers)
+33.9%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Magic Leap Inc. 401(k) Plan's outsized position by total assets

Magic Leap Inc. 401(k) Plan vs every filed plan by assets

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

$148,191,843 Top 7% higher than 93% 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

Magic Leap Inc. 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. Magic Leap Inc. 401(k) Plan sits mid-pack in the medium band (938 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Magic Leap Inc. 401(k) Plan reported net income rose from -$14M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • Magic Leap Inc. 401(k) Plan end-of-year assets rose from $111M in the plan year 2022 filing to $148M in the plan year 2023 filing.
  • Magic Leap Inc. 401(k) Plan reported participants rose from 915 in the plan year 2022 filing to 938 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 453243237 · Magic Leap, Inc. PY 2023 · 401(k)

Magic Leap Inc. 401(k) Plan · $148M · 938 · 93rd

  • PART $148M
  • TYPE 938
  • NET 93rd
  • BOOK 401(k)
  • VS-ST near Asm America, Inc. 401(k) Plan
  • BOY ind #19238

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 Florida →

Magic Leap Inc. 401(k) Plan in the asset neighbourhood

Uipath, Inc. Profit Sharing Plan and TrustUipath, Inc. Profit Sharing …$148MPerkins Eastman Architects, Dpc 401(k) PlanPerkins Eastman Architects, …$148MAsm America, Inc. 401(k) Plan$148MMagic Leap Inc. 401(k) Plan$148MCalifornia Teachers Association 401(k) PlanCalifornia Teachers Associat…$148M
End-of-year total assets ($M) among Magic Leap Inc. 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)$111M
Net Assets (End of Year)$148M
Net Income$38M
Employer EIN453243237
Plan Effective Date2016-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magic Leap, Inc.)

Sponsor-wide plan assets over time

All Magic Leap, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$184M 66.22697224199638% vs 2022
2024 filing year
$100M$150M$200M 202220232024 $111M $184M ▲ +66.2%
Year Plans Participants Total Assets
2022 1 915 $111M
2023 1 938 $148M
2024 1 1,027 $184M

Nearby 401(k) Plans in Florida

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

Magic Leap Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Magic Leap Inc. 401(k) Plan, Total assets ($B): 0.148191843 · Participants: 938Magic Leap Inc. 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Magic Leap Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Magic Leap Inc. 401(k) Plan side-by-side with 3 peers →

Magic Leap Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Asm America, Inc. 401(k) Plan in AZ ($148M); by covered participants it is Midland States Bank 401(k) Profit Sharing Plan in IL (938 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($148M here).

Similar participant headcount

Nearest other-state filings by covered participants (938 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 Magic Leap Inc. 401(k) Plan assets move in 2023? ▼
Magic Leap Inc. 401(k) Plan surged - up 33.9% during 2023, from $111M to $148M. Reported net income was $38M.
How have Magic Leap, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magic Leap, Inc.'s sponsor-wide assets grew 66.2%, from $111M to $184M.
Where does Magic Leap Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Magic Leap Inc. 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Magic Leap Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Asm America, Inc. 401(k) Plan in AZ ($148M, 1,037 participants).
Which 401(k) plans cover a similar participant headcount to Magic Leap Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Midland States Bank 401(k) Profit Sharing Plan in IL (938 participants, $116M 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 453243237.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.