401(k) · DOL Form 5500 · 2023

Mg Wellness, Inc. 401(k) Plan

Data updated 2026-08-25

$5K
Total assets Small plan by assets
N/A
Participants Small participant base
1st
Percentile by assets National rank
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mg Wellness, Inc. 401(k) Plan · Sponsored by Mg Wellness, Inc. · Georgia · Retail Trade

$5K in assets, N/A participants

Mg Wellness, Inc.'s Mg Wellness, Inc. 401(k) Plan reported $5K in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 1st 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.

  • #136 in Retail Trade (8,414 peers)

Mg Wellness, Inc. multi-year trail

Mg Wellness, Inc.'s plans moved -69.8% in assets from 2022 to 2024; this filing shows Mg Wellness, Inc. 401(k) Plan at $5K / N/A participants.

#136
in Retail Trade (8,414 peers)
-98.4%
assets change YoY

The plan reported a net loss of $328K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mg Wellness, Inc. 401(k) Plan among the smaller filed plans by assets

Mg Wellness, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,435 1st percentile higher than 1% of 127,068 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 2023

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mg Wellness, Inc. 401(k) Plan reported net income fell from $334K in the plan year 2022 filing to -$328K in the plan year 2023 filing.
  • Mg Wellness, Inc. 401(k) Plan end-of-year assets fell from $334K in the plan year 2022 filing to $5K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 881811119 · Mg Wellness, Inc. PY 2023 · 401(k)

Mg Wellness, Inc. 401(k) Plan · $5K · N/A · 1st

  • SCH $5K
  • SCH N/A
  • SCH 1st
  • SCH 401(k)
  • SCH near Hubner, Inc. 401(k) Profit Sharing Plan
  • SCH ind #136

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 Retail Trade retirement plans → · Plans in Georgia →

Mg Wellness, Inc. 401(k) Plan in the asset neighbourhood

Mg Wellness, Inc. 401(k) Plan$5KHubner, Inc. 401(k) Profit Sharing PlanHubner, Inc. 401(k) Profit S…$5KOhj Diamond Group, Inc. 401(k) PlanOhj Diamond Group, Inc. 401(…$5KEmergency Care and Health Organizations, Ltd. 401(k) Plan and TrustEmergency Care and Health Or…$5KPersonal Lifestyle Changes, Inc. 401(k) Profit Sharing PlanPersonal Lifestyle Changes, …$5K
End-of-year total assets ($M) among Mg Wellness, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mg Wellness, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mg Wellness, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$101K 69.75337129157926% vs 2022
2024 filing year
$0M$0.1M$0.2M$0.3M$0.4M 202220232024 $0.33M $0.1M ▼ -69.7%
Year Plans Participants Total Assets
2022 1 N/A $334K
2023 1 N/A $5K
2024 1 2 $101K

Mg Wellness, Inc. filing trail (2023)

Total Assets (Beginning of Year)$334K
Net Assets (End of Year)$5K
Net Income-$328K
Employer EIN881811119
Plan Effective Date2022-04-19
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Georgia

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

Mg Wellness, Inc. 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Mg Wellness, Inc. 401(k) Plan, Total assets ($B): 0.000005435 · Participants: 0Mg Wellness, Inc. 401(k) PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
Mg Wellness, Inc. 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Mg Wellness, Inc. 401(k) Plan's closest out-of-state 401(k) peers by assets

Outside Georgia, the nearest 401(k) by end-of-year assets is Hubner, Inc. 401(k) Profit Sharing Plan in NJ at $5K (this filing: $5K).

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mg Wellness, Inc. 401(k) Plan assets move in 2023?
Mg Wellness, Inc. 401(k) Plan contracted severely - down 98.4% during 2023, from $334K to $5K. Reported net income was -$328K.
How have Mg Wellness, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mg Wellness, Inc.'s sponsor-wide assets declined 69.8%, from $334K to $101K.
Where does Mg Wellness, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Mg Wellness, Inc. 401(k) Plan ranks in the 1st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Mg Wellness, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Hubner, Inc. 401(k) Profit Sharing Plan in NJ ($5K, 3 participants).