401(k) · DOL Form 5500 · 2024

The Magni Group, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
295
Participants Below avg headcount
73rd
Percentile by assets National rank
$80,425
Avg per participant Below avg balance/head
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Official DOL plan name: The Magni Group, Inc. Profit Sharing and 401(k) Plan · Sponsored by The Magni Group, Inc. · Michigan · Manufacturing

$24M in assets, 295 participants

The Magni Group, Inc.'s The Magni Group, Inc. Profit Sharing and 401(k) Plan reported $24M in total assets and 295 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #11,317 in Manufacturing (17,777 peers)

Coverage in Michigan

The Magni Group, Inc. Profit Sharing and 401(k) Plan covers 295 participants in Michigan, about 46% of the average Michigan filer (state average ~638 per filing). Assets: $24M.

#11,317
in Manufacturing (17,777 peers)
+11.4%
assets growth YoY

The Magni Group, Inc. Profit Sharing and 401(k) Plan's outsized position by total assets

The Magni Group, Inc. Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$23,725,312 Top 27% higher than 73% 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

The Magni Group, Inc. Profit Sharing and 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. The Magni Group, Inc. Profit Sharing and 401(k) Plan sits mid-pack in the medium band (295 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Magni Group, Inc. Profit Sharing and 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • The Magni Group, Inc. Profit Sharing and 401(k) Plan end-of-year assets rose from $21M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • The Magni Group, Inc. Profit Sharing and 401(k) Plan reported participants fell from 316 in the plan year 2023 filing to 295 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 382708620 · The Magni Group, Inc. PY 2024 · 401(k)

The Magni Group, Inc. Profit Sharing and 401(k) Plan · $24M · 295 · 73rd

  • EIN $24M
  • EIN 295
  • EIN 73rd
  • EIN 401(k)
  • EIN near Just Play LLC 401(k) Plan
  • EIN ind #11317

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 Michigan →

The Magni Group, Inc. Profit Sharing and 401(k) Plan in the asset neighbourhood

The Magni Group, Inc. Profit Sharing and 401(k) PlanThe Magni Group, Inc. Profit…$24MJust Play LLC 401(k) Plan$24MWashington Radiology Associates, PLLC Profit Sharing PlanWashington Radiology Associa…$24MKevin, Inc. Profit Sharing PlanKevin, Inc. Profit Sharing P…$24MXaloy 401(k) Plan$24M
End-of-year total assets ($M) among The Magni Group, Inc. Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$24M
Net Income$2M
Employer EIN382708620
Plan Effective Date1997-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Magni Group, Inc.)

Sponsor-wide plan assets over time

All The Magni Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 37.06372064903512% vs 2022
2024 filing year
$16M$18M$20M$22M$24M$26M 202220232024 $17.3M $23.7M ▲ +37.1%
Year Plans Participants Total Assets
2022 1 311 $17M
2023 1 316 $21M
2024 1 295 $24M

Nearby 401(k) Plans in Michigan

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

The Magni Group, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants The Magni Group, Inc. Profit Sharing and 401(k) Plan, Total assets ($B): 0.023725312 · Participants: 295The Magni Group, Inc. Profit Sharing and 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
The Magni Group, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare The Magni Group, Inc. Profit Sharing and 401(k) Plan side-by-side with 3 peers →

The Magni Group, Inc. Profit Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Just Play LLC 401(k) Plan in FL ($24M); by covered participants it is Sioux Falls Ford, Inc. 401(k) Plan in SD (295 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (295 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 The Magni Group, Inc. Profit Sharing and 401(k) Plan assets move in 2024? ▼
The Magni Group, Inc. Profit Sharing and 401(k) Plan grew at a solid clip - up 11.4% during 2024, from $21M to $24M. Reported net income was $2M.
How have The Magni Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Magni Group, Inc.'s sponsor-wide assets grew 37.1%, from $17M to $24M.
Which 401(k) plans are similar in size to The Magni Group, Inc. Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Just Play LLC 401(k) Plan in FL ($24M, 242 participants).
Which 401(k) plans cover a similar participant headcount to The Magni Group, Inc. Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sioux Falls Ford, Inc. 401(k) Plan in SD (295 participants, $16M 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 382708620.

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.