401(k) · DOL Form 5500 · 2024

Mg2 Corporation 401(k) Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
384
Participants Below avg headcount
84th
Percentile by assets National rank
$130,864
Avg per participant Near avg balance/head
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Official DOL plan name: Mg2 Corporation Profit Sharing Retirement Plan · Sponsored by Mg2 Corporation · Washington · Professional & Technical Services

$50M in assets, 384 participants

Mg2 Corporation's Mg2 Corporation Profit Sharing Retirement Plan reported $50M in total assets and 384 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #17,152 in Professional & Technical Services (20,173 peers)

Coverage in Washington

Mg2 Corporation Profit Sharing Retirement Plan covers 384 participants in Washington, about 26% of the average Washington filer (state average ~1,476 per filing). Assets: $50M.

#17,152
in Professional & Technical Services (20,173 peers)
+15.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Mg2 Corporation Profit Sharing Retirement Plan's outsized position by total assets

Mg2 Corporation Profit Sharing Retirement Plan vs every filed plan by assets

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

$50,251,853 Top 16% higher than 84% 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

Mg2 Corporation Profit Sharing Retirement 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. Mg2 Corporation Profit Sharing Retirement Plan sits mid-pack in the medium band (384 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mg2 Corporation Profit Sharing Retirement Plan reported net income fell from $8M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Mg2 Corporation Profit Sharing Retirement Plan end-of-year assets rose from $43M in the plan year 2023 filing to $50M in the plan year 2024 filing.
  • Mg2 Corporation Profit Sharing Retirement Plan reported participants fell from 407 in the plan year 2023 filing to 384 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 910972198 · Mg2 Corporation PY 2024 · 401(k)

Mg2 Corporation Profit Sharing Retirement Plan · $50M · 384 · 84th

  • PART $50M
  • TYPE 384
  • NET 84th
  • BOOK 401(k)
  • VS-ST near Yeo and Yeo 401(k) Plan
  • BOY ind #17152

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 Washington →

Mg2 Corporation Profit Sharing Retirement Plan in the asset neighbourhood

Johnson Lambert LLP 401(k) PlanJohnson Lambert LLP 401(k) P…$50MCapstone 401(k) Plan$50MMg2 Corporation Profit Sharing Retirement PlanMg2 Corporation Profit Shari…$50MYeo and Yeo 401(k) Plan$50MBi Rite Restaurant Supply Co., Inc. 401(k) PlanBi Rite Restaurant Supply Co…$50M
End-of-year total assets ($M) among Mg2 Corporation Profit Sharing Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$50M
Net Income$7M
Employer EIN910972198
Plan Effective Date1977-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mg2 Corporation)

Sponsor-wide plan assets over time

All Mg2 Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$50M 42.56844621841282% vs 2022
2024 filing year
$30M$35M$40M$45M$50M$55M 202220232024 $35.3M $50.3M ▲ +42.6%
Year Plans Participants Total Assets
2022 1 380 $35M
2023 1 407 $43M
2024 1 384 $50M

Nearby 401(k) Plans in Washington

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

Mg2 Corporation Profit Sharing Retirement Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Mg2 Corporation Profit Sharing Retirement Plan, Total assets ($B): 0.050251853 · Participants: 384Mg2 Corporation Profit Sharing Retirement PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 73.910477714 · Participants: 139394The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 65.646011638 · Participants: 118818Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 41.017392708 · Participants: 202468Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 34.593744657 · Participants: 1209303Amazon 401(k) Plan401(k) Savings Plan, Total assets ($B): 10.074085187 · Participants: 86668401(k) Savings Plan
Mg2 Corporation Profit Sharing Retirement Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Mg2 Corporation Profit Sharing Retirement Plan side-by-side with 3 peers →

Mg2 Corporation Profit Sharing Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Yeo and Yeo 401(k) Plan in MI ($50M); by covered participants it is Rrr, LLC 401(k) Plan in MD (384 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($50M here).

Similar participant headcount

Nearest other-state filings by covered participants (384 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 Mg2 Corporation Profit Sharing Retirement Plan assets move in 2024? ▼
Mg2 Corporation Profit Sharing Retirement Plan grew sharply - up 15.7% during 2024, from $43M to $50M. Reported net income was $7M.
How have Mg2 Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mg2 Corporation's sponsor-wide assets grew 42.6%, from $35M to $50M.
Where does Mg2 Corporation Profit Sharing Retirement Plan rank by assets among Form 5500 filers? ▼
Mg2 Corporation Profit Sharing Retirement Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mg2 Corporation Profit Sharing Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Yeo and Yeo 401(k) Plan in MI ($50M, 225 participants).
Which 401(k) plans cover a similar participant headcount to Mg2 Corporation Profit Sharing Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rrr, LLC 401(k) Plan in MD (384 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 910972198.

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.