401(k) · DOL Form 5500 · 2024

Magness & Sons General Contracting, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
12
Participants Small participant base
46th
Percentile by assets National rank
$514,362
Avg per participant High balance/head
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Official DOL plan name: Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan · Sponsored by Magness & Sons General Contracting, Inc. · Pennsylvania · Construction

$6M in assets, 12 participants

Magness & Sons General Contracting, Inc.'s Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan reported $6M in total assets and 12 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

  • #4,022 in Construction (9,039 peers)

Magness & Sons General Contracting, Inc. multi-year trail

Magness & Sons General Contracting, Inc.'s plans moved +28.4% in assets from 2022 to 2024; this filing shows Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan at $6M / 12 participants.

#4,022
in Construction (9,039 peers)
+6.6%
assets growth YoY

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$6,172,346 46th percentile higher than 46% 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

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan reported net income fell from $981K in the plan year 2023 filing to $382K in the plan year 2024 filing.
  • Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan reported participants fell from 13 in the plan year 2023 filing to 12 in the plan year 2024 filing.
  • Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 232870793 · Magness & Sons General Contracting, Inc. PY 2024 · 401(k)

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan · $6M · 12 · 46th

  • ASSETS $6M
  • PCT 12
  • EIN 46th
  • RANK 401(k)
  • PHOTO near 555 International, Inc. 401(k) Profit Sharing Plan
  • IND ind #4022

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 Construction retirement plans → · Plans in Pennsylvania →

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Magness & Sons General Contracting, Inc. 401(k) Profit Sharing PlanMagness & Sons General Contr…$6M555 International, Inc. 401(k) Profit Sharing Plan555 International, Inc. 401(…$6MData Monitor Systems Savings Incentive PlanData Monitor Systems Savings…$6MAllied Feather & Down Corporation 401(k) Plan and TrustAllied Feather & Down Corpor…$6MJoink, LLC 401(k) Plan$6M
End-of-year total assets ($M) among Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Magness & Sons General Contracting, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Magness & Sons General Contracting, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 28.35081977099022% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M$6.5M 202220232024 $4.81M $6.17M ▲ +28.3%
Year Plans Participants Total Assets
2022 1 12 $5M
2023 1 13 $6M
2024 1 12 $6M

Magness & Sons General Contracting, Inc. filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$382K
Employer EIN232870793
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Pennsylvania

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

Magness & Sons General Contracting, Inc. 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 ($B) Participants Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.006172346 · Participants: 12Magness & Sons General Contracting, Inc. 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
Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Magness & Sons General Contracting, Inc. 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 555 International, Inc. 401(k) Profit Sharing Plan in IL ($6M); by covered participants it is Hoyt Hayes, Jr. Construction, Inc. Profit Sharing Plan in TN (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 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 Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan assets move in 2024?
Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 6.6% during 2024, from $6M to $6M. Reported net income was $382K.
How have Magness & Sons General Contracting, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Magness & Sons General Contracting, Inc.'s sponsor-wide assets grew 28.4%, from $5M to $6M.
Which 401(k) plans are similar in size to Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is 555 International, Inc. 401(k) Profit Sharing Plan in IL ($6M, 120 participants).
Which 401(k) plans cover a similar participant headcount to Magness & Sons General Contracting, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Hoyt Hayes, Jr. Construction, Inc. Profit Sharing Plan in TN (12 participants, $9M in assets).