Profit Sharing · DOL Form 5500 · 2024
Mags Enterprises Inc. Profit Sharing Plan
Data updated 2026-08-25
- $535K
- Total assets Small plan by assets
- 2
- Participants Small participant base
- 18th
- Percentile by assets National rank
- $267,740
- Avg per participant High balance/head
Official DOL plan name: Mags Enterprises Inc. Profit Sharing Plan · Sponsored by Mags Enterprises Inc. · South Carolina · Real Estate
$535K in assets, 2 participants
Mags Enterprises Inc.'s Mags Enterprises Inc. Profit Sharing Plan reported $535K in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 18th 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.
- #1,438 in Real Estate (4,605 peers)
Mags Enterprises Inc. multi-year trail
Mags Enterprises Inc.'s plans moved -37.3% in assets from 2022 to 2024; this filing shows Mags Enterprises Inc. Profit Sharing Plan at $535K / 2 participants.
- #1,438
- in Real Estate (4,605 peers)
- +0.4%
- assets growth YoY
Mags Enterprises Inc. Profit Sharing Plan among the smaller filed plans by assets
Mags Enterprises Inc. Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$535,479 18th percentile higher than 18% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Mags Enterprises Inc. Profit Sharing Plan among micro filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mags Enterprises Inc. Profit Sharing Plan is a micro filing (2 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Mags Enterprises Inc. Profit Sharing Plan reported net income rose from -$321K in the plan year 2023 filing to $2K in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 275485727 · Mags Enterprises Inc. PY 2024 · Profit Sharing
Mags Enterprises Inc. Profit Sharing Plan · $535K · 2 · 18th
- TYPE $535K
- NET 2
- BOOK 18th
- VS-ST Profit Sharing
- BOY near Ascent Group, Inc. Profit Sharing Plan
- SCH ind #1438
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 Real Estate retirement plans → · Plans in South Carolina →
Mags Enterprises Inc. Profit Sharing Plan in the asset neighbourhood
Mags Enterprises Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Mags Enterprises Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $535K 37.32983006413557% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2 | $854K |
| 2023 | 1 | 2 | $533K |
| 2024 | 1 | 2 | $535K |
Mags Enterprises Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $533K |
|---|---|
| Net Assets (End of Year) | $535K |
| Net Income | $2K |
| Employer EIN | 275485727 |
| Plan Effective Date | 2011-03-11 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in South Carolina
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Prisma Health Retirement Savings Plan $2.2B · 29,201
- Uma Retirement Plan $848M · 2,827
- Profit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & Stewart $249M · 2,275
- Scansource, Inc. 401(k) Plan $225M · 1,401
- Usc School of Medicine Educational Trust Retirement Plan $52M · 191
Mags Enterprises Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount
Outside South Carolina, the nearest Profit Sharing by assets is Ascent Group, Inc. Profit Sharing Plan in TX ($536K); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($535K here).
- Ascent Group, Inc. Profit Sharing Plan (TX) $536K · 2
- Ct Rocks Inc. Retirement Plan (CT) $536K · 5
- R & M Farms Inc Pension Plan (MN) $535K · 4
- Healthy Vitals, Inc. Retirement Plan (MN) $535K · 1
Similar participant headcount
Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.