401(k) · DOL Form 5500 · 2024

Magnum Engineering and Controls 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
159
Participants Small participant base
57th
Percentile by assets National rank
$67,853
Avg per participant Below avg balance/head
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Official DOL plan name: Magnum Engineering and Controls 401(k) Plan · Sponsored by Magnum Engineering and Controls · Texas · Professional & Technical Services

$11M in assets, 159 participants

Magnum Engineering and Controls's Magnum Engineering and Controls 401(k) Plan reported $11M in total assets and 159 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #11,237 in Professional & Technical Services (20,173 peers)

Coverage in Texas

Magnum Engineering and Controls 401(k) Plan covers 159 participants in Texas, about 23% of the average Texas filer (state average ~688 per filing). Assets: $11M.

#11,237
in Professional & Technical Services (20,173 peers)
+8.1%
assets growth YoY

Magnum Engineering and Controls 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Magnum Engineering and Controls 401(k) Plan vs every filed plan by assets

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

$10,788,661 Top 43% higher than 57% 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

Magnum Engineering and Controls 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. Magnum Engineering and Controls 401(k) Plan sits mid-pack in the medium band (159 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magnum Engineering and Controls 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $810K in the plan year 2024 filing.
  • Magnum Engineering and Controls 401(k) Plan end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Magnum Engineering and Controls 401(k) Plan reported participants fell from 169 in the plan year 2023 filing to 159 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 742953381 · Magnum Engineering and Controls PY 2024 · 401(k)

Magnum Engineering and Controls 401(k) Plan · $11M · 159 · 57th

  • PART $11M
  • PART 159
  • PART 57th
  • PART 401(k)
  • PART near Mastercraft Industries, Inc. 401(k) Plan
  • PART ind #11237

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 Professional & Technical Services retirement plans → · Plans in Texas →

Magnum Engineering and Controls 401(k) Plan in the asset neighbourhood

Magnum Engineering and Controls 401(k) PlanMagnum Engineering and Contr…$11MMastercraft Industries, Inc. 401(k) PlanMastercraft Industries, Inc.…$11MCline Design Associates PA 401(k) Profit Sharing Plan and TrustCline Design Associates PA 4…$11MIgnite Fueling Innovation, Inc. 401(k) Retirement PlanIgnite Fueling Innovation, I…$11MNewark Community Health Centers, Inc. Retirement PlanNewark Community Health Cent…$11M
End-of-year total assets ($M) among Magnum Engineering and Controls 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$810K
Employer EIN742953381
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnum Engineering and Controls)

Sponsor-wide plan assets over time

All Magnum Engineering and Controls plans reported in each filing year

Latest sponsor-wide plan assets
$11M 28.649385840562758% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.39M $10.8M ▲ +28.6%
Year Plans Participants Total Assets
2022 1 180 $8M
2023 1 169 $10M
2024 1 159 $11M

Nearby 401(k) Plans in Texas

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

Magnum Engineering and Controls 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Magnum Engineering and Controls 401(k) Plan, Total assets ($B): 0.010788661 · Participants: 159Magnum Engineering and Controls 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Magnum Engineering and Controls 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Magnum Engineering and Controls 401(k) Plan side-by-side with 3 peers →

Magnum Engineering and Controls 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Mastercraft Industries, Inc. 401(k) Plan in WI ($11M); by covered participants it is Innovative Control Systems, Inc. 401(k) Plan in PA (159 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (159 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 Magnum Engineering and Controls 401(k) Plan assets move in 2024? ▼
Magnum Engineering and Controls 401(k) Plan grew at a solid clip - up 8.1% during 2024, from $10M to $11M. Reported net income was $810K.
How have Magnum Engineering and Controls plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magnum Engineering and Controls's sponsor-wide assets grew 28.6%, from $8M to $11M.
Which 401(k) plans are similar in size to Magnum Engineering and Controls 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mastercraft Industries, Inc. 401(k) Plan in WI ($11M, 153 participants).
Which 401(k) plans cover a similar participant headcount to Magnum Engineering and Controls 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Innovative Control Systems, Inc. 401(k) Plan in PA (159 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 742953381.

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.