401(k) · DOL Form 5500 · 2023

Magna Legal Services, LLC 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
483
Participants Below avg headcount
73rd
Percentile by assets National rank
$42,123
Avg per participant Low balance/head
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Official DOL plan name: Magna Legal Services 401(k) / Profit Sharing Plan · Sponsored by Magna Legal Services, LLC · Pennsylvania · Professional & Technical Services

$20M in assets, 483 participants

Magna Legal Services, LLC's Magna Legal Services 401(k) / Profit Sharing Plan reported $20M in total assets and 483 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #14,806 in Professional & Technical Services (20,321 peers)

Magna Legal Services, LLC multi-year trail

Magna Legal Services, LLC's plans moved +158.5% in assets from 2022 to 2024; this filing shows Magna Legal Services 401(k) / Profit Sharing Plan at $20M / 483 participants.

#14,806
in Professional & Technical Services (20,321 peers)
+29.9%
assets growth YoY

Magna Legal Services 401(k) / Profit Sharing Plan's outsized position by total assets

Magna Legal Services 401(k) / Profit Sharing Plan vs every filed plan by assets

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

$20,345,603 Top 27% higher than 73% 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

Magna Legal Services 401(k) / 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. Magna Legal Services 401(k) / Profit Sharing Plan sits mid-pack in the medium band (483 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Magna Legal Services 401(k) / Profit Sharing Plan reported net income rose from -$417K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Magna Legal Services 401(k) / Profit Sharing Plan end-of-year assets rose from $16M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Magna Legal Services 401(k) / Profit Sharing Plan reported participants rose from 417 in the plan year 2022 filing to 483 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 208474245 · Magna Legal Services, LLC PY 2023 · 401(k)

Magna Legal Services 401(k) / Profit Sharing Plan · $20M · 483 · 73rd

  • NET $20M
  • NET 483
  • NET 73rd
  • NET 401(k)
  • NET near Serent Capital 401(k) Plan
  • NET ind #14806

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 Pennsylvania →

Magna Legal Services 401(k) / Profit Sharing Plan in the asset neighbourhood

Magna Legal Services 401(k) / Profit Sharing PlanMagna Legal Services 401(k) …$20MSerent Capital 401(k) Plan$20MPorter Scott, Apc 401(k) Plan$20MFirst Florida Credit Union 401(k) Profit Sharing PlanFirst Florida Credit Union 4…$20MWilliamsmarston LLC Retirement PlanWilliamsmarston LLC Retireme…$20M
End-of-year total assets ($M) among Magna Legal Services 401(k) / Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Magna Legal Services, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Magna Legal Services, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$40M 158.46912089930103% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $15.7M $40.5M ▲ +158.4%
Year Plans Participants Total Assets
2022 1 417 $16M
2023 1 483 $20M
2024 1 631 $40M

Magna Legal Services, LLC filing trail (2023)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$20M
Net Income$5M
Employer EIN208474245
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Pennsylvania

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

Magna Legal Services 401(k) / Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Magna Legal Services 401(k) / Profit Sharing Plan, Total assets ($B): 0.020345603 · Participants: 483Magna Legal Services 401(k) / Profit Sharing PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Magna Legal Services 401(k) / Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Magna Legal Services 401(k) / Profit Sharing Plan side-by-side with 3 peers →

Magna Legal Services 401(k) / Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Serent Capital 401(k) Plan in CA ($20M); by covered participants it is Continuums Foundation Employee 401(k) Savings Trust in MN (483 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Similar participant headcount

Nearest other-state filings by covered participants (483 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 Magna Legal Services 401(k) / Profit Sharing Plan assets move in 2023? ▼
Magna Legal Services 401(k) / Profit Sharing Plan grew sharply - up 29.9% during 2023, from $16M to $20M. Reported net income was $5M.
How have Magna Legal Services, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magna Legal Services, LLC's sponsor-wide assets grew 158.5%, from $16M to $40M.
Which 401(k) plans are similar in size to Magna Legal Services 401(k) / Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Serent Capital 401(k) Plan in CA ($20M, 76 participants).
Which 401(k) plans cover a similar participant headcount to Magna Legal Services 401(k) / Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Continuums Foundation Employee 401(k) Savings Trust in MN (483 participants, $14M 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 208474245.

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.