Profit Sharing · DOL Form 5500 · 2024
Magnolia Home Solutions, Inc. Profit Sharing Plan
Data updated 2026-08-25
- $2M
- Total assets Small plan by assets
- 6
- Participants Small participant base
- 27th
- Percentile by assets National rank
- $268,758
- Avg per participant High balance/head
Official DOL plan name: Magnolia Home Solutions, Inc. Retirement Plan · Sponsored by Magnolia Home Solutions, Inc. · Tennessee · Construction
$2M in assets, 6 participants
Magnolia Home Solutions, Inc.'s Magnolia Home Solutions, Inc. Retirement Plan reported $2M in total assets and 6 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.
- #2,341 in Construction (9,039 peers)
2024 asset change
Magnolia Home Solutions, Inc. Retirement Plan surged 58.3% in 2024 ($1M → $2M) for 6 participants.
- #2,341
- in Construction (9,039 peers)
- +58.3%
- assets growth YoY
Magnolia Home Solutions, Inc. Retirement Plan among the smaller filed plans by assets
Magnolia Home Solutions, Inc. Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,612,550 27th percentile higher than 27% 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
Magnolia Home Solutions, Inc. Retirement 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. Magnolia Home Solutions, Inc. Retirement Plan is a micro filing (6 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Magnolia Home Solutions, Inc. Retirement Plan reported net income rose from -$714K in the plan year 2023 filing to $594K in the plan year 2024 filing.
- Magnolia Home Solutions, Inc. Retirement Plan end-of-year assets rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Magnolia Home Solutions, Inc. Retirement Plan reported participants rose from 4 in the plan year 2023 filing to 6 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 821524678 · Magnolia Home Solutions, Inc. PY 2024 · Profit Sharing
Magnolia Home Solutions, Inc. Retirement Plan · $2M · 6 · 27th
- BOOK $2M
- VS-ST 6
- BOY 27th
- SCH Profit Sharing
- EBSA near C.T. Radiology Complex Retirement Plan
- PART ind #2341
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 Construction retirement plans → · Plans in Tennessee →
Magnolia Home Solutions, Inc. Retirement Plan in the asset neighbourhood
Magnolia Home Solutions, Inc. years around the 2024 move
Sponsor-wide plan assets over time
All Magnolia Home Solutions, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $2M 6.942696367905719% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4 | $2M |
| 2023 | 1 | 4 | $1M |
| 2024 | 1 | 6 | $2M |
2024 asset-move particulars
| Total Assets (Beginning of Year) | $1M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | $594K |
| Employer EIN | 821524678 |
| Plan Effective Date | 2017-05-12 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Tennessee
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Ballad Health 401(a) Plan $486M · 4,963
- Shreveport Electrical Industry Profit Sharing Plan $95M · 527
- New Orleans Electrical Annuity Plan $88M · 1,393
- Ulps Employee Savings Plan $78M · 236
- Thompson Machinery Commerce Corp Profit Sharing Plan $58M · 944
Magnolia Home Solutions, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Tennessee, the nearest Profit Sharing by assets is C.T. Radiology Complex Retirement Plan in PR ($2M); by covered participants it is Genesis Five Inc. Profit Sharing Plan in NC (6 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2M here).
Similar participant headcount
Nearest other-state filings by covered participants (6 participants); asset peers above are excluded.
- Genesis Five Inc. Profit Sharing Plan (NC) 6 · 0 off
- Sbr Family Corp. Retirement Plan (CT) 6 · 0 off
- Mcclain Services Incorporated Retirement Plan (PA) 6 · 0 off
- Betta Management Inc. Retirement Plan (NJ) 6 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.