401(k) · DOL Form 5500 · 2024

Magic Johnson Entertainment, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
17
Participants Small participant base
49th
Percentile by assets National rank
$422,750
Avg per participant High balance/head
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Official DOL plan name: Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan · Sponsored by Magic Johnson Entertainment, Inc. · California · Other Services

$7M in assets, 17 participants

Magic Johnson Entertainment, Inc.'s Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan reported $7M in total assets and 17 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #5,347 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan ranks #5,347 of 7,719 2024 filers by assets (279% of the sector average)-$7M for 17 participants.

#5,347
in Other Services (7,719 peers)
+12.9%
assets growth YoY

Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Other Services and all filers

Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$7,186,748 49th percentile higher than 49% 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

Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan is a small filing (17 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan reported net income fell from $1M in the plan year 2023 filing to $820K in the plan year 2024 filing.
  • Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan reported participants rose from 13 in the plan year 2023 filing to 17 in the plan year 2024 filing.
  • Magic Johnson Entertainment, Inc. 401(k) Profit Sharing 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 →

Published 5500 schedule card

Filing strip 954671679 · Magic Johnson Entertainment, Inc. PY 2024 · 401(k)

Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan · $7M · 17 · 49th

  • PART $7M
  • PART 17
  • PART 49th
  • PART 401(k)
  • PART near Raritan Pharmaceuticals 401(k) Profit Sharing Plan & Trust
  • PART ind #5347

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 Other Services retirement plans → · Plans in California →

Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Magic Johnson Entertainment, Inc. 401(k) Profit Sharing PlanMagic Johnson Entertainment,…$7MRaritan Pharmaceuticals 401(k) Profit Sharing Plan & TrustRaritan Pharmaceuticals 401(…$7MMti 401(k) Employee Savings PlanMti 401(k) Employee Savings …$7MEnve Composites, LLC 401(k) PlanEnve Composites, LLC 401(k) …$7MMargaritas Management Retirement PlanMargaritas Management Retire…$7M
End-of-year total assets ($M) among Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$820K
Employer EIN954671679
Plan Effective Date2001-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magic Johnson Entertainment, Inc.)

Sponsor-wide plan assets over time

All Magic Johnson Entertainment, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 41.016970703271014% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $5.1M $7.19M ▲ +41.0%
Year Plans Participants Total Assets
2022 1 14 $5M
2023 1 13 $6M
2024 1 17 $7M

Nearby 401(k) Plans in California

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

Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.007186748 · Participants: 17Magic Johnson Entertainment, Inc. 401(k) Profit Sharing 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
Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants

Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Raritan Pharmaceuticals 401(k) Profit Sharing Plan & Trust in NJ ($7M); by covered participants it is Knowledge Commerce Group Gainesville, Inc. 401(k) Plan in VA (17 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (17 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 Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan assets move in 2024?
Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 12.9% during 2024, from $6M to $7M. Reported net income was $820K.
How have Magic Johnson Entertainment, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Magic Johnson Entertainment, Inc.'s sponsor-wide assets grew 41.0%, from $5M to $7M.
Which 401(k) plans are similar in size to Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Raritan Pharmaceuticals 401(k) Profit Sharing Plan & Trust in NJ ($7M, 515 participants).
Which 401(k) plans cover a similar participant headcount to Magic Johnson Entertainment, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Knowledge Commerce Group Gainesville, Inc. 401(k) Plan in VA (17 participants, $343K in assets).