401(k) · DOL Form 5500 · 2024
Premier Magnesia LLC 401(k) Plan
Data updated 2026-08-25
- $33M
- Total assets Below avg plan size
- 471
- Participants Below avg headcount
- 79th
- Percentile by assets National rank
- $69,967
- Avg per participant Below avg balance/head
Official DOL plan name: Premier Magnesia LLC Savings and Profit Sharing Plan · Sponsored by Premier Magnesia LLC · North Carolina · Manufacturing
$33M in assets, 471 participants
Premier Magnesia LLC's Premier Magnesia LLC Savings and Profit Sharing Plan reported $33M in total assets and 471 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.
- #12,545 in Manufacturing (17,777 peers)
Where Premier Magnesia LLC Savings and Profit Sharing Plan sits by assets
Premier Magnesia LLC Savings and Profit Sharing Plan sits in the top quartile of all filed plans by assets, $33M for 471 participants (~$69,967/participant), up 10.7% in 2024.
- #12,545
- in Manufacturing (17,777 peers)
- +10.7%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
Premier Magnesia LLC Savings and Profit Sharing Plan's outsized position by total assets
Premier Magnesia LLC Savings and Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$32,954,483 Top 21% higher than 79% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Premier Magnesia LLC Savings and 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. Premier Magnesia LLC Savings and Profit Sharing Plan sits mid-pack in the medium band (471 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Premier Magnesia LLC Savings and Profit Sharing Plan reported net income fell from $6M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Premier Magnesia LLC Savings and Profit Sharing Plan end-of-year assets rose from $30M in the plan year 2023 filing to $33M in the plan year 2024 filing.
- Premier Magnesia LLC Savings and Profit Sharing Plan reported participants rose from 455 in the plan year 2023 filing to 471 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 522295483 · Premier Magnesia LLC PY 2024 · 401(k)
Premier Magnesia LLC Savings and Profit Sharing Plan · $33M · 471 · 79th
- SCH $33M
- SCH 471
- SCH 79th
- SCH 401(k)
- SCH near Mast-Jaegermeister US, Inc. 401(k) Plan
- SCH ind #12545
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 North Carolina →
Premier Magnesia LLC Savings and Profit Sharing Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $30M |
|---|---|
| Net Assets (End of Year) | $33M |
| Net Income | $3M |
| Employer EIN | 522295483 |
| Plan Effective Date | 2001-04-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Premier Magnesia LLC)
Sponsor-wide plan assets over time
All Premier Magnesia LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $33M 40.16383029119955% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 447 | $24M |
| 2023 | 1 | 455 | $30M |
| 2024 | 1 | 471 | $33M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
Premier Magnesia LLC Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Mast-Jaegermeister US, Inc. 401(k) Plan in NY ($33M); by covered participants it is Menholt Automotive Group 401(k) Plan in MT (471 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($33M here).
- Mast-Jaegermeister US, Inc. 401(k) Plan (NY) $33M · 156
- Satake USA Inc. 401(k) Plan (TX) $33M · 112
- Centric Software, Inc. 401(k) Plan (CA) $33M · 266
- Smolin, Lupin & Co. Savings and Investment Plan (NJ) $33M · 123
Similar participant headcount
Nearest other-state filings by covered participants (471 participants); asset peers above are excluded.
- Menholt Automotive Group 401(k) Plan (MT) 471 · 0 off
- Landpro Equipment, LLC 401(k) Plan (NY) 471 · 0 off
- Three Way 401(k) Plan (CA) 471 · 0 off
- Millennium Software 401(k) Profit Sharing Plan & Trust (MI) 471 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.