401(k) · DOL Form 5500 · 2024
Magellan USA 401(k) Plan
Data updated 2026-08-25
- $91M
- Total assets Below avg plan size
- 709
- Participants Below avg headcount
- 90th
- Percentile by assets National rank
- $127,736
- Avg per participant Near avg balance/head
Official DOL plan name: Magellan USA Retirement Plan · Sponsored by Magellan USA · Ohio · Manufacturing
$91M in assets, 709 participants
Magellan USA's Magellan USA Retirement Plan reported $91M in total assets and 709 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.
- #15,095 in Manufacturing (17,777 peers)
Where Magellan USA Retirement Plan sits by assets
Magellan USA Retirement Plan sits in the top 10% of all filed plans by assets, $91M for 709 participants (~$127,736/participant), up 8.6% in 2024.
- #15,095
- in Manufacturing (17,777 peers)
- +8.6%
- assets growth YoY
- 0.9×
- vs typical plan assets (national mean)
Magellan USA Retirement Plan's outsized position by total assets
Magellan USA Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$90,564,683 Top 10% higher than 90% 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
Magellan USA Retirement 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. Magellan USA Retirement Plan sits mid-pack in the medium band (709 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Magellan USA Retirement Plan reported net income fell from $11M in the plan year 2023 filing to $7M in the plan year 2024 filing.
- Magellan USA Retirement Plan end-of-year assets rose from $83M in the plan year 2023 filing to $91M in the plan year 2024 filing.
- Magellan USA Retirement Plan reported participants rose from 656 in the plan year 2023 filing to 709 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 311464954 · Magellan USA PY 2024 · 401(k)
Magellan USA Retirement Plan · $91M · 709 · 90th
- ASSETS $91M
- PCT 709
- EIN 90th
- RANK 401(k)
- PHOTO near Isco Industries Inc. Retirement Savings Plan
- IND ind #15095
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 Ohio →
Magellan USA Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $83M |
|---|---|
| Net Assets (End of Year) | $91M |
| Net Income | $7M |
| Employer EIN | 311464954 |
| Plan Effective Date | 2004-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Magellan USA)
Sponsor-wide plan assets over time
All Magellan USA plans reported in each filing year
- Latest sponsor-wide plan assets
- $91M 24.98803697516934% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 653 | $72M |
| 2023 | 1 | 656 | $83M |
| 2024 | 1 | 709 | $91M |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- GE Aerospace Retirement Savings Plan $14.7B · 45,620
- The Kroger Co. 401(k) Retirement Savings Account Plan $11.8B · 135,373
- The Progressive 401(k) Plan $11.5B · 62,521
- The Sherwin-Williams Company 401(k) Plan $10.6B · 47,459
- Parker Retirement Savings Plan $9.0B · 26,315
Magellan USA Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Ohio, the nearest 401(k) by assets is Isco Industries Inc. Retirement Savings Plan in KY ($91M); by covered participants it is Cmg Hourly 401(k) Plan in AL (709 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($91M here).
Similar participant headcount
Nearest other-state filings by covered participants (709 participants); asset peers above are excluded.
- Cmg Hourly 401(k) Plan (AL) 709 · 0 off
- Adex Medical Staffing 401(k) Plan (FL) 709 · 0 off
- Sunland Construction, Inc. Profit Sharing 401(k) Plan (LA) 709 · 0 off
- Commercial Tire, Inc. Profit Sharing 401(k) Plan (ID) 709 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.