401(k) · DOL Form 5500 · 2024

Magna Legal Services, LLC 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
631
Participants Below avg headcount
82nd
Percentile by assets National rank
$64,173
Avg per participant Low balance/head
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Official DOL plan name: Magna Legal Services 401(k) / Profit Sharing Plan · Sponsored by Magna Legal Services, LLC · Pennsylvania · Professional & Technical Services

$40M in assets, 631 participants

Magna Legal Services, LLC's Magna Legal Services 401(k) / Profit Sharing Plan reported $40M in total assets and 631 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #16,570 in Professional & Technical Services (20,173 peers)

Where Magna Legal Services 401(k) / Profit Sharing Plan sits by assets

Magna Legal Services 401(k) / Profit Sharing Plan sits in the top quartile of all filed plans by assets, $40M for 631 participants (~$64,173/participant), up 99.0% in 2024.

#16,570
in Professional & Technical Services (20,173 peers)
+99.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Magna Legal Services 401(k) / Profit Sharing Plan's outsized position by total assets

Magna Legal Services 401(k) / Profit Sharing Plan vs every filed plan by assets

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

$40,493,238 Top 18% higher than 82% 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

Magna Legal Services 401(k) / Profit Sharing 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. Magna Legal Services 401(k) / Profit Sharing Plan sits mid-pack in the medium band (631 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magna Legal Services 401(k) / Profit Sharing Plan end-of-year assets rose from $20M in the plan year 2023 filing to $40M in the plan year 2024 filing.
  • Magna Legal Services 401(k) / Profit Sharing Plan reported net income rose from $5M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Magna Legal Services 401(k) / Profit Sharing Plan reported participants rose from 483 in the plan year 2023 filing to 631 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 208474245 · Magna Legal Services, LLC PY 2024 · 401(k)

Magna Legal Services 401(k) / Profit Sharing Plan · $40M · 631 · 82nd

  • RANK $40M
  • PHOTO 631
  • IND 82nd
  • EOY 401(k)
  • 5500 near Team Industries, Inc. Retirement Savings Plan
  • ASSETS ind #16570

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 Pennsylvania →

Magna Legal Services 401(k) / Profit Sharing Plan in the asset neighbourhood

Family Health Care of Siouxland, PLC 401(k) Profit Sharing PlanFamily Health Care of Siouxl…$40M403(b) Thrift Plan for Employees of Visiting Nurse Association of Boston Foundation, Inc.403(b) Thrift Plan for Emplo…$40MMagna Legal Services 401(k) / Profit Sharing PlanMagna Legal Services 401(k) …$40MTeam Industries, Inc. Retirement Savings PlanTeam Industries, Inc. Retire…$40MRadiology Associates, P.C. Employee Savings PlanRadiology Associates, P.C. E…$40M
End-of-year total assets ($M) among Magna Legal Services 401(k) / Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$40M
Net Income$7M
Employer EIN208474245
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magna Legal Services, LLC)

Sponsor-wide plan assets over time

All Magna Legal Services, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$40M 158.46912089930103% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $15.7M $40.5M ▲ +158.4%
Year Plans Participants Total Assets
2022 1 417 $16M
2023 1 483 $20M
2024 1 631 $40M

Nearby 401(k) Plans in Pennsylvania

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

Magna Legal Services 401(k) / Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Magna Legal Services 401(k) / Profit Sharing Plan, Total assets ($B): 0.040493238 · Participants: 631Magna Legal Services 401(k) / Profit Sharing PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Magna Legal Services 401(k) / Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Magna Legal Services 401(k) / Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Team Industries, Inc. Retirement Savings Plan in WI ($40M); by covered participants it is Numerator 401(k) Plan in IL (631 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (631 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 Magna Legal Services 401(k) / Profit Sharing Plan assets move in 2024?
Magna Legal Services 401(k) / Profit Sharing Plan surged - up 99.0% during 2024, from $20M to $40M. Reported net income was $7M.
How have Magna Legal Services, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Magna Legal Services, LLC's sponsor-wide assets grew 158.5%, from $16M to $40M.
Where does Magna Legal Services 401(k) / Profit Sharing Plan rank by assets among Form 5500 filers?
Magna Legal Services 401(k) / Profit Sharing Plan ranks in the 82nd 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 Magna Legal Services 401(k) / Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Team Industries, Inc. Retirement Savings Plan in WI ($40M, 117 participants).
Which 401(k) plans cover a similar participant headcount to Magna Legal Services 401(k) / Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Numerator 401(k) Plan in IL (631 participants, $68M in assets).