401(k) · DOL Form 5500 · 2024

Magbee Bros. Lumber and Supply Company, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
228
Participants Below avg headcount
51st
Percentile by assets National rank
$34,694
Avg per participant Low balance/head
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Official DOL plan name: Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan · Sponsored by Magbee Bros. Lumber and Supply Company, Inc. · Georgia · Retail Trade

$8M in assets, 228 participants

Magbee Bros. Lumber and Supply Company, Inc.'s Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan reported $8M in total assets and 228 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #4,909 in Retail Trade (8,048 peers)

Coverage in Georgia

Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan covers 228 participants in Georgia, about 21% of the average Georgia filer (state average ~1,096 per filing). Assets: $8M.

#4,909
in Retail Trade (8,048 peers)
+22.4%
assets growth YoY

Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan's mid-pack asset rank among Retail Trade and all filers

Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan vs every filed plan by assets

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

$7,910,322 Top 49% higher than 51% 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

Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing 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. Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan sits mid-pack in the medium band (228 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan reported net income rose from $407K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan reported participants fell from 238 in the plan year 2023 filing to 228 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 581761636 · Magbee Bros. Lumber and Supply Company, Inc. PY 2024 · 401(k)

Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan · $8M · 228 · 51st

  • PHOTO $8M
  • PHOTO 228
  • PHOTO 51st
  • PHOTO 401(k)
  • PHOTO near Advanced Turbine Support, LLC 401(k)
  • PHOTO ind #4909

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 Retail Trade retirement plans → · Plans in Georgia →

Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan in the asset neighbourhood

Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing PlanMagbee Bros. Lumber and Supp…$8MAdvanced Turbine Support, LLC 401(k)Advanced Turbine Support, LL…$8MMidwest Technical Institute 401(k) PlanMidwest Technical Institute …$8MKooima Company, LLC 401(k) PlanKooima Company, LLC 401(k) P…$8MGreen Bay Converting, LLC 401(k) 401(k) Retirement Savings PlanGreen Bay Converting, LLC 40…$8M
End-of-year total assets ($M) among Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN581761636
Plan Effective Date1958-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magbee Bros. Lumber and Supply Company, Inc.)

Sponsor-wide plan assets over time

All Magbee Bros. Lumber and Supply Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 30.624156592007513% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $6.06M $7.91M ▲ +30.5%
Year Plans Participants Total Assets
2022 1 212 $6M
2023 1 238 $6M
2024 1 228 $8M

Nearby 401(k) Plans in Georgia

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

Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan, Total assets ($B): 0.007910322 · Participants: 228Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 19.309174243 · Participants: 452126The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 18.985170319 · Participants: 89836Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 15.928334925 · Participants: 14473Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 14.192071511 · Participants: 95250UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 14.149677171 · Participants: 398464The Home Depot Futurebuilder
Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan side-by-side with 3 peers →

Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Advanced Turbine Support, LLC 401(k) in FL ($8M); by covered participants it is Arlington Orthopedic Associates, P.a. 401(k) Profit Sharing Plan in TX (228 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (228 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 Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan assets move in 2024? ▼
Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan grew sharply - up 22.4% during 2024, from $6M to $8M. Reported net income was $1M.
How have Magbee Bros. Lumber and Supply Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magbee Bros. Lumber and Supply Company, Inc.'s sponsor-wide assets grew 30.6%, from $6M to $8M.
Which 401(k) plans are similar in size to Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Advanced Turbine Support, LLC 401(k) in FL ($8M, 30 participants).
Which 401(k) plans cover a similar participant headcount to Magbee Bros. Lumber and Supply Company, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Arlington Orthopedic Associates, P.a. 401(k) Profit Sharing Plan in TX (228 participants, N/A 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 581761636.

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.