401(k) · DOL Form 5500 · 2024

Magnetika, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
155
Participants Small participant base
47th
Percentile by assets National rank
$42,161
Avg per participant Low balance/head
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Official DOL plan name: Magnetika, Inc. 401(k) Plan · Sponsored by Magnetika, Inc. · California · Manufacturing

$7M in assets, 155 participants

Magnetika, Inc.'s Magnetika, Inc. 401(k) Plan reported $7M in total assets and 155 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #5,452 in Manufacturing (17,777 peers)

Coverage in California

Magnetika, Inc. 401(k) Plan covers 155 participants in California, about 25% of the average California filer (state average ~630 per filing). Assets: $7M.

#5,452
in Manufacturing (17,777 peers)
+21.6%
assets growth YoY

Magnetika, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Magnetika, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$6,534,931 47th percentile higher than 47% of 123,620 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 2024

Magnetika, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magnetika, Inc. 401(k) Plan sits mid-pack in the medium band (155 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magnetika, Inc. 401(k) Plan reported net income rose from $704K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Magnetika, Inc. 401(k) Plan reported participants rose from 135 in the plan year 2023 filing to 155 in the plan year 2024 filing.
  • Magnetika, Inc. 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 953725665 · Magnetika, Inc. PY 2024 · 401(k)

Magnetika, Inc. 401(k) Plan · $7M · 155 · 47th

  • PHOTO $7M
  • PHOTO 155
  • PHOTO 47th
  • PHOTO 401(k)
  • PHOTO near Modern Transportation Services, Inc. 401(k) Profit Sharing Plan
  • PHOTO ind #5452

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 California →

Magnetika, Inc. 401(k) Plan in the asset neighbourhood

Logistic Specialties, Inc. 401(k) PlanLogistic Specialties, Inc. 4…$7MMagnetika, Inc. 401(k) Plan$7MModern Transportation Services, Inc. 401(k) Profit Sharing PlanModern Transportation Servic…$7MFremont Beef Company Retirement Savings PlanFremont Beef Company Retirem…$7MHdnet, LLC 401(k) Profit Sharing PlanHdnet, LLC 401(k) Profit Sha…$7M
End-of-year total assets ($M) among Magnetika, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN953725665
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnetika, Inc.)

Sponsor-wide plan assets over time

All Magnetika, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 4.705265584866396% vs 2023
2024 filing year
$6.2M$6.3M$6.4M$6.5M$6.6M 20232024 $6.24M $6.53M ▲ +4.6%
Year Plans Participants Total Assets
2023 1 135 $6M
2024 1 155 $7M

Nearby 401(k) Plans in California

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

Magnetika, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Magnetika, Inc. 401(k) Plan, Total assets ($B): 0.006534931 · Participants: 155Magnetika, Inc. 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Magnetika, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Magnetika, Inc. 401(k) Plan side-by-side with 3 peers →

Magnetika, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Modern Transportation Services, Inc. 401(k) Profit Sharing Plan in PA ($7M); by covered participants it is Gerresheimer Peachtree City, Inc. 401(k) Plan in GA (155 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (155 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.

Frequently Asked Questions

How did Magnetika, Inc. 401(k) Plan assets move in 2024? ▼
Magnetika, Inc. 401(k) Plan grew sharply - up 21.6% during 2024, from $5M to $7M. Reported net income was $1M.
How have Magnetika, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Magnetika, Inc.'s sponsor-wide assets grew 4.7%, from $6M to $7M.
Which 401(k) plans are similar in size to Magnetika, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Modern Transportation Services, Inc. 401(k) Profit Sharing Plan in PA ($7M, 403 participants).
Which 401(k) plans cover a similar participant headcount to Magnetika, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gerresheimer Peachtree City, Inc. 401(k) Plan in GA (155 participants, $6M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 953725665.

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.