401(k) · DOL Form 5500 · 2024

Magnusson Klemencic Associates Inc. 401(k) Plan

Data updated 2026-08-25

$77M
Total assets Below avg plan size
150
Participants Small participant base
88th
Percentile by assets National rank
$515,418
Avg per participant High balance/head
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Official DOL plan name: Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) · Sponsored by Magnusson Klemencic Associates Inc. · Washington · Professional & Technical Services

$77M in assets, 150 participants

Magnusson Klemencic Associates Inc.'s Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) reported $77M in total assets and 150 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #18,064 in Professional & Technical Services (20,173 peers)

Coverage in Washington

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) covers 150 participants in Washington, about 10% of the average Washington filer (state average ~1,476 per filing). Assets: $77M.

#18,064
in Professional & Technical Services (20,173 peers)
+7.7%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)'s outsized position by total assets

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) vs every filed plan by assets

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

$77,312,659 Top 12% higher than 88% 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

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) 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. Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) sits mid-pack in the medium band (150 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) reported net income fell from $11M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) reported participants fell from 196 in the plan year 2023 filing to 150 in the plan year 2024 filing.
  • Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) end-of-year assets rose from $72M in the plan year 2023 filing to $77M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 910861758 · Magnusson Klemencic Associates Inc. PY 2024 · 401(k)

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) · $77M · 150 · 88th

  • SCH $77M
  • SCH 150
  • SCH 88th
  • SCH 401(k)
  • SCH near Vermeer-Midwest Retirement Plan
  • SCH ind #18064

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 Professional & Technical Services retirement plans → · Plans in Washington →

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) in the asset neighbourhood

Cargotec Holding, Inc. 401(k) PlanCargotec Holding, Inc. 401(k…$77MVermeer-Midwest Retirement PlanVermeer-Midwest Retirement P…$77MBuzzfeed Inc. 401(k) Plan$77MMagnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)Magnusson Klemencic Associat…$77MHeyl, Royster, Voelker & Allen P. C. Profit Sharing and 401(k) PlanHeyl, Royster, Voelker & All…$77M
End-of-year total assets ($M) among Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$77M
Net Income$6M
Employer EIN910861758
Plan Effective Date1967-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Magnusson Klemencic Associates Inc.)

Sponsor-wide plan assets over time

All Magnusson Klemencic Associates Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$77M 26.261747687305988% vs 2022
2024 filing year
$55M$60M$65M$70M$75M$80M 202220232024 $61.2M $77.3M ▲ +26.3%
Year Plans Participants Total Assets
2022 1 188 $61M
2023 1 196 $72M
2024 1 150 $77M

Nearby 401(k) Plans in Washington

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

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k), Total assets ($B): 0.077312659 · Participants: 150Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)The 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
Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) vs. nearby 401(k) plans in Washington, assets vs. participants

Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)'s out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Vermeer-Midwest Retirement Plan in IL ($77M); by covered participants it is The Custom Companies Retirement Savings Plan in IL (150 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($77M here).

Similar participant headcount

Nearest other-state filings by covered participants (150 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 Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) assets move in 2024?
Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) grew at a solid clip - up 7.7% during 2024, from $72M to $77M. Reported net income was $6M.
How have Magnusson Klemencic Associates Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Magnusson Klemencic Associates Inc.'s sponsor-wide assets grew 26.3%, from $61M to $77M.
Where does Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) rank by assets among Form 5500 filers?
Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k) ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)?
Among 401(k) plans in other states, the closest by assets is Vermeer-Midwest Retirement Plan in IL ($77M, 303 participants).
Which 401(k) plans cover a similar participant headcount to Magnusson Klemencic Associates, Inc. Profit Sharing Plan & Trust with 401(k)?
Among 401(k) plans in other states, the closest by covered participants is The Custom Companies Retirement Savings Plan in IL (150 participants, $15M in assets).