401(k) · DOL Form 5500 · 2023

Magna Hospitality Group, L.C. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets: 1,732
Participants Near avg headcount: 73rd
Percentile by assets National rank: $11,563
Avg per participant Low balance/head

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Official DOL plan name: My Nest Egg 401(k) Plan · Sponsored by Magna Hospitality Group, L.C. · Rhode Island · Food Services & Accommodation

$20M in assets, 1,732 participants

Magna Hospitality Group, L.C.'s My Nest Egg 401(k) Plan reported $20M in total assets and 1,732 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.

#3,543 in Food Services & Accommodation (3,828 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, My Nest Egg 401(k) Plan ranks #3,543 of 3,828 2023 filers by assets (1.0x the sector average)-$20M for 1,732 participants.

#3,543
in Food Services & Accommodation (3,828 peers): +45.6%
assets growth YoY

My Nest Egg 401(k) Plan's outsized position by total assets

My Nest Egg 401(k) Plan vs every filed plan by assets

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

$20,027,056 Top 27% higher than 73% 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

My Nest Egg 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. My Nest Egg 401(k) Plan lands in the large band (1,732 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%)

My Nest Egg 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $6M in the plan year 2023 filing.
My Nest Egg 401(k) Plan reported participants rose from 1,076 in the plan year 2022 filing to 1,732 in the plan year 2023 filing.
My Nest Egg 401(k) Plan end-of-year assets rose from $14M in the plan year 2022 filing to $20M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 650846862 · Magna Hospitality Group, L.C. PY 2023 · 401(k)

My Nest Egg 401(k) Plan · $20M · 1,732 · 73rd

RANK $20M
RANK 1,732
RANK 73rd
RANK 401(k)
RANK near Lightspeed Commerce 401(k) Plan
RANK ind #3543

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 Food Services & Accommodation retirement plans → · Plans in Rhode Island →

End-of-year total assets ($M) among My Nest Egg 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)	$14M
Net Assets (End of Year)	$20M
Net Income	$6M
Employer EIN	650846862
Plan Effective Date	2005-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Magna Hospitality Group, L.C.)

Latest sponsor-wide plan assets: $24M 72.52319369673269% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	1,076	$14M
2023	1	1,732	$20M
2024	1	2,169	$24M

Nearby 401(k) Plans in Rhode Island

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

My Nest Egg 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

CVS Health Future Fund 401(k) Plan $27.6B · 265,760
Textron Savings Plan $5.7B · 26,580
Cfg Retirement Savings Plan $2.9B · 19,047
Unfi 401(k) Plan $2.7B · 25,475
Fm Global 401(k) Savings Plan $1.7B · 4,295

Compare My Nest Egg 401(k) Plan side-by-side with 3 peers →

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

Outside Rhode Island, the nearest 401(k) by assets is Lightspeed Commerce 401(k) Plan in NY ($20M); by covered participants it is Suveto Buyer, LLC 401(k) Plan in TX (1,732 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

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

Lightspeed Commerce 401(k) Plan (NY) $20M · 418
University Book Store Inc. Employees Retirement Savings Plan & Trust (WA) $20M · 82
Distek Integration, Inc. 401(k) Profit Sharing Plan (IA) $20M · 124
Bean Automotive Group 401(k) Plan (FL) $20M · 556

Similar participant headcount

Nearest other-state filings by covered participants (1,732 participants); asset peers above are excluded.

Suveto Buyer, LLC 401(k) Plan (TX) 1,732 · 0 off
Ahead, Inc. 401(k) Plan (IL) 1,731 · 1 off
Ahf Products 401(k) Savings Plan (PA) 1,733 · 1 off
401(k) Profit-Sharing Plan for Employees of Gfl Environmental USA Inc. (MI) 1,731 · 1 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 My Nest Egg 401(k) Plan assets move in 2023? ▼

My Nest Egg 401(k) Plan surged - up 45.6% during 2023, from $14M to $20M. Reported net income was $6M.

How have Magna Hospitality Group, L.C. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Magna Hospitality Group, L.C.'s sponsor-wide assets grew 72.5%, from $14M to $24M.

Which 401(k) plans are similar in size to My Nest Egg 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Lightspeed Commerce 401(k) Plan in NY ($20M, 418 participants).

Which 401(k) plans cover a similar participant headcount to My Nest Egg 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Suveto Buyer, LLC 401(k) Plan in TX (1,732 participants, $25M 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 650846862.