401(k) · DOL Form 5500 · 2023

Magic Bait Company, Inc. 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
13
Participants Small participant base
24th
Percentile by assets National rank
$81,883
Avg per participant Below avg balance/head
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Official DOL plan name: Magic Bait Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Magic Bait Company, Inc. · Oklahoma · Manufacturing

$1M in assets, 13 participants

Magic Bait Company, Inc.'s Magic Bait Company, Inc. 401(k) Profit Sharing Plan reported $1M in total assets and 13 participants in its 2023 DOL Form 5500 filing, ranking in the 24th 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.

  • #1,971 in Manufacturing (18,722 peers)

Magic Bait Company, Inc. multi-year trail

Magic Bait Company, Inc.'s plans moved +18.2% in assets from 2022 to 2023; this filing shows Magic Bait Company, Inc. 401(k) Profit Sharing Plan at $1M / 13 participants.

#1,971
in Manufacturing (18,722 peers)
+18.2%
assets growth YoY

Magic Bait Company, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

Magic Bait Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$1,064,482 24th percentile higher than 24% 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 Bait Company, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magic Bait Company, Inc. 401(k) Profit Sharing Plan is a small filing (13 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Magic Bait Company, Inc. 401(k) Profit Sharing Plan reported net income rose from $92K in the plan year 2022 filing to $164K in the plan year 2023 filing.
  • Magic Bait Company, Inc. 401(k) Profit Sharing Plan reported participants fell from 16 in the plan year 2022 filing to 13 in the plan year 2023 filing.
  • Magic Bait Company, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $900K in the plan year 2022 filing to $1M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 731107417 · Magic Bait Company, Inc. PY 2023 · 401(k)

Magic Bait Company, Inc. 401(k) Profit Sharing Plan · $1M · 13 · 24th

  • PCT $1M
  • EIN 13
  • RANK 24th
  • PHOTO 401(k)
  • IND near Archer Tax & Financial Group, P.C. 401(k) Profit- Sharing Plan
  • EOY ind #1971

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 Oklahoma →

Magic Bait Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Magic Bait Company, Inc. 401(k) Profit Sharing PlanMagic Bait Company, Inc. 401…$1MArcher Tax & Financial Group, P.C. 401(k) Profit- Sharing PlanArcher Tax & Financial Group…$1MPearl Business Inc 401(k) PlanPearl Business Inc 401(k) Pl…$1MKrenz Dental Corporation Profit Sharing Plan and TrustKrenz Dental Corporation Pro…$1MSarah J. Morris, D.D.S., P.L.L.C. 401(k) PlanSarah J. Morris, D.D.S., P.L…$1M
End-of-year total assets ($M) among Magic Bait Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Magic Bait Company, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Magic Bait Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 18.24700434005503% vs 2022
2023 filing year
$0.85M$0.9M$0.95M$1M$1.05M$1.1M 20222023 $0.9M $1.06M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 16 $900K
2023 1 13 $1M

Magic Bait Company, Inc. filing trail (2023)

Total Assets (Beginning of Year)$900K
Net Assets (End of Year)$1M
Net Income$164K
Employer EIN731107417
Plan Effective Date1981-01-23
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Oklahoma

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

Magic Bait Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Magic Bait Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.001064482 · Participants: 13Magic Bait Company, Inc. 401(k) Profit Sharing PlanQuiktrip Corporation Retirement Plan, Total assets ($B): 4.212452319 · Participants: 11746Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.681202476 · Participants: 5041The Williams Investment Plus PlanOneok, Inc. 401(k) Plan, Total assets ($B): 1.156591 · Participants: 2965Oneok, Inc. 401(k) PlanBok Financial 401(k) Plan, Total assets ($B): 1.048169756 · Participants: 4766Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 0.932957189 · Participants: 1858Devon Energy Corporation Incentive Savings Plan
Magic Bait Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants
Compare Magic Bait Company, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Oklahoma, the nearest 401(k) by assets is Archer Tax & Financial Group, P.C. 401(k) Profit- Sharing Plan in PA ($1M); by covered participants it is Mid-America Eye Center, Inc. Employees' Profit Sharing Plan in KS (13 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (13 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 Bait Company, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Magic Bait Company, Inc. 401(k) Profit Sharing Plan grew sharply - up 18.2% during 2023, from $900K to $1M. Reported net income was $164K.
How have Magic Bait Company, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Magic Bait Company, Inc.'s sponsor-wide assets grew 18.2%, from $900K to $1M.
Where does Magic Bait Company, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Magic Bait Company, Inc. 401(k) Profit Sharing Plan ranks in the 24th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Magic Bait Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Archer Tax & Financial Group, P.C. 401(k) Profit- Sharing Plan in PA ($1M, 16 participants).
Which 401(k) plans cover a similar participant headcount to Magic Bait Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mid-America Eye Center, Inc. Employees' Profit Sharing Plan in KS (13 participants, $52 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 731107417.

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.