401(k) · DOL Form 5500 · 2024

Magnera Corporation 401(k) Plan

Data updated 2026-08-25

$143M
Total assets Near avg plan size
692
Participants Below avg headcount
93rd
Percentile by assets National rank
$206,160
Avg per participant Above avg balance/head
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Official DOL plan name: Magnera Corporation 401(k) Savings Plan · Sponsored by Magnera Corporation · North Carolina · Manufacturing

$143M in assets, 692 participants

Magnera Corporation's Magnera Corporation 401(k) Savings Plan reported $143M in total assets and 692 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #15,810 in Manufacturing (17,777 peers)

Where Magnera Corporation 401(k) Savings Plan sits by assets

Magnera Corporation 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $143M for 692 participants (~$206,160/participant), up 3.8% in 2024.

#15,810
in Manufacturing (17,777 peers)
+3.8%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Magnera Corporation 401(k) Savings Plan's outsized position by total assets

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

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

$142,662,852 Top 7% higher than 93% 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

Magnera Corporation 401(k) Savings 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. Magnera Corporation 401(k) Savings Plan sits mid-pack in the medium band (692 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magnera Corporation 401(k) Savings Plan reported participants rose from 301 in the plan year 2023 filing to 692 in the plan year 2024 filing.
  • Magnera Corporation 401(k) Savings Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Magnera Corporation 401(k) Savings Plan end-of-year assets rose from $137M in the plan year 2023 filing to $143M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 230628360 · Magnera Corporation PY 2024 · 401(k)

Magnera Corporation 401(k) Savings Plan · $143M · 692 · 93rd

  • BOY $143M
  • SCH 692
  • EBSA 93rd
  • PART 401(k)
  • TYPE near Amundsen Davis LLC 401(k) Salary Savings Plan
  • NET ind #15810

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 Manufacturing retirement plans → · Plans in North Carolina →

Magnera Corporation 401(k) Savings Plan in the asset neighbourhood

Ozinga Bros., Inc. Employee's Profit Sharing Plan & TrustOzinga Bros., Inc. Employee'…$143MCohesity, Inc. 401(k) Plan$143MWoman's Hospital Foundation 401(a) Employer Contribution PlanWoman's Hospital Foundation …$143MMagnera Corporation 401(k) Savings PlanMagnera Corporation 401(k) S…$143MAmundsen Davis LLC 401(k) Salary Savings PlanAmundsen Davis LLC 401(k) Sa…$143M
End-of-year total assets ($M) among Magnera Corporation 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$137M
Net Assets (End of Year)$143M
Net Income$5M
Employer EIN230628360
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnera Corporation)

Sponsor-wide plan assets over time

All Magnera Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$143M 38.775187251319075% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $103M $143M ▲ +38.8%
Year Plans Participants Total Assets
2022 1 291 $103M
2023 1 301 $137M
2024 1 692 $143M

Nearby 401(k) Plans in North Carolina

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

Magnera Corporation 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Magnera Corporation 401(k) Savings Plan, Total assets ($B): 0.142662852 · Participants: 692Magnera Corporation 401(k) Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Magnera Corporation 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Magnera Corporation 401(k) Savings Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is Amundsen Davis LLC 401(k) Salary Savings Plan in IL ($143M); by covered participants it is Intermountain Farmers Association Salary Investment Plan and Trust in UT (692 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (692 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 Magnera Corporation 401(k) Savings Plan assets move in 2024? ▼
Magnera Corporation 401(k) Savings Plan edged up modestly - up 3.8% during 2024, from $137M to $143M. Reported net income was $5M.
How have Magnera Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magnera Corporation's sponsor-wide assets grew 38.8%, from $103M to $143M.
Where does Magnera Corporation 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Magnera Corporation 401(k) Savings Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Magnera Corporation 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Amundsen Davis LLC 401(k) Salary Savings Plan in IL ($143M, 421 participants).
Which 401(k) plans cover a similar participant headcount to Magnera Corporation 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Intermountain Farmers Association Salary Investment Plan and Trust in UT (692 participants, $40M 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 230628360.

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.