401(k) · DOL Form 5500 · 2024

Magic Leap, Inc. 401(k) Plan

Data updated 2026-08-25

$184M
Total assets Near avg plan size
1,027
Participants Near avg headcount
94th
Percentile by assets National rank
$179,096
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Magic Leap Inc. 401(k) Plan · Sponsored by Magic Leap, Inc. · Florida · Professional & Technical Services

$184M in assets, 1,027 participants

Magic Leap, Inc.'s Magic Leap Inc. 401(k) Plan reported $184M in total assets and 1,027 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #19,169 in Professional & Technical Services (20,173 peers)

Where Magic Leap Inc. 401(k) Plan sits by assets

Magic Leap Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $184M for 1,027 participants (~$179,096/participant), up 24.1% in 2024.

#19,169
in Professional & Technical Services (20,173 peers)
+24.1%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Magic Leap Inc. 401(k) Plan's outsized position by total assets

Magic Leap Inc. 401(k) Plan vs every filed plan by assets

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

$183,931,576 Top 6% higher than 94% 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

Magic Leap Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magic Leap Inc. 401(k) Plan lands in the large band (1,027 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magic Leap Inc. 401(k) Plan end-of-year assets rose from $148M in the plan year 2023 filing to $184M in the plan year 2024 filing.
  • Magic Leap Inc. 401(k) Plan reported participants rose from 938 in the plan year 2023 filing to 1,027 in the plan year 2024 filing.
  • Magic Leap Inc. 401(k) Plan reported net income fell from $38M in the plan year 2023 filing to $36M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 453243237 · Magic Leap, Inc. PY 2024 · 401(k)

Magic Leap Inc. 401(k) Plan · $184M · 1,027 · 94th

  • VS-ST $184M
  • BOY 1,027
  • SCH 94th
  • EBSA 401(k)
  • PART near Cenovus Non-Represented 401(k) Plan
  • TYPE ind #19169

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 Florida →

Magic Leap Inc. 401(k) Plan in the asset neighbourhood

Afognak Native Corporation and Alutiiq, LLC 401(k) Plan & TrustAfognak Native Corporation a…$184MMagic Leap Inc. 401(k) Plan$184MCenovus Non-Represented 401(k) PlanCenovus Non-Represented 401(…$184MPacificsource 401(k) Plan$184MAscend Learning LLC 401(k) PlanAscend Learning LLC 401(k) P…$184M
End-of-year total assets ($M) among Magic Leap Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$148M
Net Assets (End of Year)$184M
Net Income$36M
Employer EIN453243237
Plan Effective Date2016-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magic Leap, Inc.)

Sponsor-wide plan assets over time

All Magic Leap, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$184M 66.22697224199638% vs 2022
2024 filing year
$100M$150M$200M 202220232024 $111M $184M ▲ +66.2%
Year Plans Participants Total Assets
2022 1 915 $111M
2023 1 938 $148M
2024 1 1,027 $184M

Nearby 401(k) Plans in Florida

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

Magic Leap Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Magic Leap Inc. 401(k) Plan, Total assets ($B): 0.183931576 · Participants: 1027Magic Leap Inc. 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
Magic Leap Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Magic Leap Inc. 401(k) Plan side-by-side with 3 peers →

Magic Leap Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Cenovus Non-Represented 401(k) Plan in OH ($184M); by covered participants it is Furniture Mart USA, Inc. Employee Profit Sharing 401(k) Plan in SD (1,027 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($184M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,027 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 Magic Leap Inc. 401(k) Plan assets move in 2024? ▼
Magic Leap Inc. 401(k) Plan grew sharply - up 24.1% during 2024, from $148M to $184M. Reported net income was $36M.
How have Magic Leap, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Magic Leap, Inc.'s sponsor-wide assets grew 66.2%, from $111M to $184M.
Where does Magic Leap Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Magic Leap Inc. 401(k) Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Magic Leap Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cenovus Non-Represented 401(k) Plan in OH ($184M, 639 participants).
Which 401(k) plans cover a similar participant headcount to Magic Leap Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Furniture Mart USA, Inc. Employee Profit Sharing 401(k) Plan in SD (1,027 participants, $35M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 453243237.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.