401(k) · DOL Form 5500 · 2024

Magnix USA, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
92
Participants Small participant base
55th
Percentile by assets National rank
$102,477
Avg per participant Below avg balance/head
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Official DOL plan name: Magnix USA, Inc. 401(k) Plan & Trust · Sponsored by Magnix USA, Inc. · Washington · Manufacturing

$9M in assets, 92 participants

Magnix USA, Inc.'s Magnix USA, Inc. 401(k) Plan & Trust reported $9M in total assets and 92 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #7,093 in Manufacturing (17,777 peers)

Magnix USA, Inc. multi-year trail

Magnix USA, Inc.'s plans moved +33.7% in assets from 2023 to 2024; this filing shows Magnix USA, Inc. 401(k) Plan & Trust at $9M / 92 participants.

#7,093
in Manufacturing (17,777 peers)
+33.7%
assets growth YoY

Magnix USA, Inc. 401(k) Plan & Trust's mid-pack asset rank among Manufacturing and all filers

Magnix USA, Inc. 401(k) Plan & Trust vs every filed plan by assets

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

$9,427,858 Top 45% higher than 55% 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

Magnix USA, Inc. 401(k) Plan & Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magnix USA, Inc. 401(k) Plan & Trust is a small filing (92 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magnix USA, Inc. 401(k) Plan & Trust end-of-year assets rose from $7M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Magnix USA, Inc. 401(k) Plan & Trust reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Magnix USA, Inc. 401(k) Plan & Trust reported participants fell from 97 in the plan year 2023 filing to 92 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 830709687 · Magnix USA, Inc. PY 2024 · 401(k)

Magnix USA, Inc. 401(k) Plan & Trust · $9M · 92 · 55th

  • NET $9M
  • BOOK 92
  • VS-ST 55th
  • BOY 401(k)
  • SCH near Frank W. Cawood & Associates, Inc. 401(k) Retirement Plan
  • EBSA ind #7093

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 Washington →

Magnix USA, Inc. 401(k) Plan & Trust in the asset neighbourhood

Magnix USA, Inc. 401(k) Plan & TrustMagnix USA, Inc. 401(k) Plan…$9MFrank W. Cawood & Associates, Inc. 401(k) Retirement PlanFrank W. Cawood & Associates…$9MDrake Enterprises, Ltd 401(k) PlanDrake Enterprises, Ltd 401(k…$9MCertco, Inc. Union Savings PlanCertco, Inc. Union Savings P…$9MFabian Oil Employee Stock Ownership 401(k) PlanFabian Oil Employee Stock Ow…$9M
End-of-year total assets ($M) among Magnix USA, Inc. 401(k) Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Magnix USA, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Magnix USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 33.66282633083919% vs 2023
2024 filing year
$6M$7M$8M$9M$10M 20232024 $7.05M $9.43M ▲ +33.8%
Year Plans Participants Total Assets
2023 1 97 $7M
2024 1 92 $9M

Magnix USA, Inc. filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN830709687
Plan Effective Date2018-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Washington

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

Magnix USA, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Magnix USA, Inc. 401(k) Plan & Trust, Total assets ($B): 0.009427858 · Participants: 92Magnix USA, Inc. 401(k) Plan & TrustThe 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
Magnix USA, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Magnix USA, Inc. 401(k) Plan & Trust side-by-side with 3 peers →

Magnix USA, Inc. 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Frank W. Cawood & Associates, Inc. 401(k) Retirement Plan in GA ($9M); by covered participants it is Dlmc, Inc. Dba Kamaaina Health Services 401(k) Retirement Plan in HI (92 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (92 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 Magnix USA, Inc. 401(k) Plan & Trust assets move in 2024? ▼
Magnix USA, Inc. 401(k) Plan & Trust surged - up 33.7% during 2024, from $7M to $9M. Reported net income was $2M.
How have Magnix USA, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Magnix USA, Inc.'s sponsor-wide assets grew 33.7%, from $7M to $9M.
Which 401(k) plans are similar in size to Magnix USA, Inc. 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Frank W. Cawood & Associates, Inc. 401(k) Retirement Plan in GA ($9M, 45 participants).
Which 401(k) plans cover a similar participant headcount to Magnix USA, Inc. 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Dlmc, Inc. Dba Kamaaina Health Services 401(k) Retirement Plan in HI (92 participants, $487K 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 830709687.

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.