401(k) · DOL Form 5500 · 2024

Coretech Consulting Group, LLC 401(k) Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
2,441
Participants Above avg headcount
85th
Percentile by assets National rank
$21,374
Avg per participant Low balance/head
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Official DOL plan name: Magic Software Participating Companies 401(k) Plan · Sponsored by Coretech Consulting Group, LLC · Pennsylvania · Professional & Technical Services

$52M in assets, 2,441 participants

Coretech Consulting Group, LLC's Magic Software Participating Companies 401(k) Plan reported $52M in total assets and 2,441 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #17,241 in Professional & Technical Services (20,173 peers)

Coverage in Pennsylvania

Magic Software Participating Companies 401(k) Plan covers 2,441 participants in Pennsylvania, 3.0x the typical Pennsylvania plan (state average ~822 per filing). Assets: $52M.

#17,241
in Professional & Technical Services (20,173 peers)
+9.8%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Magic Software Participating Companies 401(k) Plan's outsized position by total assets

Magic Software Participating Companies 401(k) Plan vs every filed plan by assets

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

$52,174,254 Top 15% higher than 85% 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 Software Participating Companies 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 Software Participating Companies 401(k) Plan lands in the large band (2,441 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magic Software Participating Companies 401(k) Plan reported net income fell from $9M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Magic Software Participating Companies 401(k) Plan end-of-year assets rose from $48M in the plan year 2023 filing to $52M in the plan year 2024 filing.
  • Magic Software Participating Companies 401(k) Plan reported participants rose from 2,307 in the plan year 2023 filing to 2,441 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 043709993 · Coretech Consulting Group, LLC PY 2024 · 401(k)

Magic Software Participating Companies 401(k) Plan · $52M · 2,441 · 85th

  • PHOTO $52M
  • IND 2,441
  • EOY 85th
  • 5500 401(k)
  • ASSETS near Hf Sinclair Corporation Legacy Puget Sound Refinery 401(k) Plan
  • PCT ind #17241

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 →

Magic Software Participating Companies 401(k) Plan in the asset neighbourhood

Dent Neurologic Group 401(k) PlanDent Neurologic Group 401(k)…$52MR Torre & Company Employee 401(k) and Profit Sharing PlanR Torre & Company Employee 4…$52MMagic Software Participating Companies 401(k) PlanMagic Software Participating…$52MHf Sinclair Corporation Legacy Puget Sound Refinery 401(k) PlanHf Sinclair Corporation Lega…$52MBhi Senior Living, Inc. Employee Retirement PlanBhi Senior Living, Inc. Empl…$52M
End-of-year total assets ($M) among Magic Software Participating Companies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$52M
Net Income$5M
Employer EIN043709993
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Coretech Consulting Group, LLC)

Sponsor-wide plan assets over time

All Coretech Consulting Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$52M 40.878256926408575% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $37M $52.2M ▲ +40.9%
Year Plans Participants Total Assets
2022 1 1,891 $37M
2023 1 2,307 $48M
2024 1 2,441 $52M

Nearby 401(k) Plans in Pennsylvania

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

Magic Software Participating Companies 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Magic Software Participating Companies 401(k) Plan, Total assets ($B): 0.052174254 · Participants: 2441Magic Software Participating Companies 401(k) 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
Magic Software Participating Companies 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Magic Software Participating Companies 401(k) Plan side-by-side with 3 peers →

Magic Software Participating Companies 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Hf Sinclair Corporation Legacy Puget Sound Refinery 401(k) Plan in TX ($52M); by covered participants it is Lexicon 401(k) Plan in AR (2,441 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,441 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 Software Participating Companies 401(k) Plan assets move in 2024? ▼
Magic Software Participating Companies 401(k) Plan grew at a solid clip - up 9.8% during 2024, from $48M to $52M. Reported net income was $5M.
How have Coretech Consulting Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Coretech Consulting Group, LLC's sponsor-wide assets grew 40.9%, from $37M to $52M.
Where does Magic Software Participating Companies 401(k) Plan rank by assets among Form 5500 filers? ▼
Magic Software Participating Companies 401(k) Plan ranks in the 85th 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 Magic Software Participating Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hf Sinclair Corporation Legacy Puget Sound Refinery 401(k) Plan in TX ($52M, 291 participants).
Which 401(k) plans cover a similar participant headcount to Magic Software Participating Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lexicon 401(k) Plan in AR (2,441 participants, $83M 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 043709993.

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.