401(k) · DOL Form 5500 · 2024

Magnificus Corporation 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
288
Participants Below avg headcount
34th
Percentile by assets National rank
$10,735
Avg per participant Low balance/head
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Official DOL plan name: Magnificus Corporation 401(k) Plan · Sponsored by Magnificus Corporation · Maryland · Healthcare & Social Assistance

$3M in assets, 288 participants

Magnificus Corporation's Magnificus Corporation 401(k) Plan reported $3M in total assets and 288 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.

  • #5,886 in Healthcare & Social Assistance (16,916 peers)

Coverage in Maryland

Magnificus Corporation 401(k) Plan covers 288 participants in Maryland, about 31% of the average Maryland filer (state average ~929 per filing). Assets: $3M.

#5,886
in Healthcare & Social Assistance (16,916 peers)
+14.9%
assets growth YoY

Magnificus Corporation 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Magnificus Corporation 401(k) Plan vs every filed plan by assets

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

$3,091,579 34th percentile higher than 34% 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

Magnificus Corporation 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. Magnificus Corporation 401(k) Plan sits mid-pack in the medium band (288 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magnificus Corporation 401(k) Plan reported net income fell from $605K in the plan year 2023 filing to $400K in the plan year 2024 filing.
  • Magnificus Corporation 401(k) Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Magnificus Corporation 401(k) Plan reported participants rose from 272 in the plan year 2023 filing to 288 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 522220795 · Magnificus Corporation PY 2024 · 401(k)

Magnificus Corporation 401(k) Plan · $3M · 288 · 34th

  • IND $3M
  • IND 288
  • IND 34th
  • IND 401(k)
  • IND near Hwm 401(k) Profit Sharing Plan
  • IND ind #5886

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 Healthcare & Social Assistance retirement plans → · Plans in Maryland →

Magnificus Corporation 401(k) Plan in the asset neighbourhood

Magnificus Corporation 401(k) PlanMagnificus Corporation 401(k…$3MHwm 401(k) Profit Sharing PlanHwm 401(k) Profit Sharing Pl…$3MNew England Newspapers, Inc. 401(k) PlanNew England Newspapers, Inc.…$3MLedgecore Retirement Plan$3MAurora Machine 401(k) Savings PlanAurora Machine 401(k) Saving…$3M
End-of-year total assets ($M) among Magnificus Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$400K
Employer EIN522220795
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnificus Corporation)

Sponsor-wide plan assets over time

All Magnificus Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3M 48.15104647122953% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $2.09M $3.09M ▲ +47.8%
Year Plans Participants Total Assets
2022 1 264 $2M
2023 1 272 $3M
2024 1 288 $3M

Nearby 401(k) Plans in Maryland

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

Magnificus Corporation 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Magnificus Corporation 401(k) Plan, Total assets ($B): 0.003091579 · Participants: 288Magnificus Corporation 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Magnificus Corporation 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Magnificus Corporation 401(k) Plan side-by-side with 3 peers →

Magnificus Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Hwm 401(k) Profit Sharing Plan in ID ($3M); by covered participants it is Livevox, Inc. 401(k) Retirement Plan in CA (288 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (288 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 Magnificus Corporation 401(k) Plan assets move in 2024? ▼
Magnificus Corporation 401(k) Plan grew at a solid clip - up 14.9% during 2024, from $3M to $3M. Reported net income was $400K.
How have Magnificus Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magnificus Corporation's sponsor-wide assets grew 48.2%, from $2M to $3M.
Which 401(k) plans are similar in size to Magnificus Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hwm 401(k) Profit Sharing Plan in ID ($3M, 7 participants).
Which 401(k) plans cover a similar participant headcount to Magnificus Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Livevox, Inc. 401(k) Retirement Plan in CA (288 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 522220795.

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.