Profit Sharing · DOL Form 5500 · 2024

Majestic Music, Inc. Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
39
Participants Small participant base
27th
Percentile by assets National rank
$38,365
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Majestic Music, Inc. Retirement Plan · Sponsored by Majestic Music, Inc. · Indiana · Educational Services

$1M in assets, 39 participants

Majestic Music, Inc.'s Majestic Music, Inc. Retirement Plan reported $1M in total assets and 39 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #597 in Educational Services (3,638 peers)

Majestic Music, Inc. multi-year trail

Majestic Music, Inc.'s plans moved +19.3% in assets from 2022 to 2024; this filing shows Majestic Music, Inc. Retirement Plan at $1M / 39 participants.

#597
in Educational Services (3,638 peers)
-7.7%
assets change YoY

The plan reported a net loss of $124K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Majestic Music, Inc. Retirement Plan among the smaller filed plans by assets

Majestic Music, Inc. Retirement Plan vs every filed plan by assets

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

$1,496,245 27th percentile higher than 27% 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

Majestic Music, Inc. Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Majestic Music, Inc. Retirement Plan is a small filing (39 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Majestic Music, Inc. Retirement Plan reported net income fell from $366K in the plan year 2023 filing to -$124K in the plan year 2024 filing.
  • Majestic Music, Inc. Retirement Plan reported participants rose from 35 in the plan year 2023 filing to 39 in the plan year 2024 filing.
  • Majestic Music, Inc. Retirement Plan end-of-year assets fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 824237903 · Majestic Music, Inc. PY 2024 · Profit Sharing

Majestic Music, Inc. Retirement Plan · $1M · 39 · 27th

  • EIN $1M
  • RANK 39
  • PHOTO 27th
  • IND Profit Sharing
  • EOY near H & T Medicals, Incorporated Retirement Plan
  • 5500 ind #597

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 Educational Services retirement plans → · Plans in Indiana →

Majestic Music, Inc. Retirement Plan in the asset neighbourhood

Majestic Music, Inc. Retirement PlanMajestic Music, Inc. Retirem…$1MH & T Medicals, Incorporated Retirement PlanH & T Medicals, Incorporated…$1M101 Gordon Investment Group Inc. Retirement Plan101 Gordon Investment Group …$1MHarmonious Claptrap Profit Sharing PlanHarmonious Claptrap Profit S…$1MHear Clear Inc. Retirement PlanHear Clear Inc. Retirement P…$1M
End-of-year total assets ($M) among Majestic Music, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Majestic Music, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Majestic Music, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 19.29856594073363% vs 2022
2024 filing year
$1.2M$1.4M$1.6M$1.8M 202220232024 $1.25M $1.5M ▲ +20.0%
Year Plans Participants Total Assets
2022 1 6 $1M
2023 1 35 $2M
2024 1 39 $1M

Majestic Music, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$124K
Employer EIN824237903
Plan Effective Date2018-04-04
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Indiana

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Majestic Music, Inc. Retirement Plan vs. nearby Profit Sharing plans in Indiana, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Majestic Music, Inc. Retirement Plan, Total assets ($B): 0.001496245 · Participants: 39Majestic Music, Inc. Retirement PlanUniversity of Notre Dame 403(b) Retirement Plan, Total assets ($B): 2.6055889 · Participants: 10920University of Notre Dame 403(b) Retirement PlanIndiana State Council of Plasterers & Cement Mason Pension Fund, Total assets ($B): 0.349009284 · Participants: 1910Indiana State Council of Plasterers & Cement Mason Pension FundCfni Retirement Plan, Total assets ($B): 0.233433653 · Participants: 6376Cfni Retirement PlanDo It Best Corp. Restated Employees' Savings & Profit Sharing, Total assets ($B): 0.218637284 · Participants: 2068Do It Best Corp. Restated Employees' Savings & Profit SharingInternational Union of Operating Engineers Local 841 Qualified Savings Plan, Total assets ($B): 0.160758654 · Participants: 4760International Union of Operating Engineers Local 841 Qualified Savings Plan
Majestic Music, Inc. Retirement Plan vs. nearby Profit Sharing plans in Indiana, assets vs. participants

Majestic Music, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Indiana, the nearest Profit Sharing by assets is H & T Medicals, Incorporated Retirement Plan in RI ($1M); by covered participants it is Stauffer Transportation Co., Inc. Retirement Plan in PA (39 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (39 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 Majestic Music, Inc. Retirement Plan assets move in 2024?
Majestic Music, Inc. Retirement Plan pulled back noticeably - down 7.7% during 2024, from $2M to $1M. Reported net income was -$124K.
How have Majestic Music, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Majestic Music, Inc.'s sponsor-wide assets grew 19.3%, from $1M to $1M.
Which Profit Sharing plans are similar in size to Majestic Music, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is H & T Medicals, Incorporated Retirement Plan in RI ($1M, 116 participants).
Which Profit Sharing plans cover a similar participant headcount to Majestic Music, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Stauffer Transportation Co., Inc. Retirement Plan in PA (39 participants, $864K in assets).