401(k) · DOL Form 5500 · 2024

J.T. Magen & Company Inc. 401(k) Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
259
Participants Below avg headcount
87th
Percentile by assets National rank
$250,239
Avg per participant Above avg balance/head
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Official DOL plan name: J.T. Magen & Company Inc. 401(k) Plan · Sponsored by J.T. Magen & Company Inc. · New York · Construction

$65M in assets, 259 participants

J.T. Magen & Company Inc.'s J.T. Magen & Company Inc. 401(k) Plan reported $65M in total assets and 259 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,682 in Construction (9,039 peers)

Coverage in New York

J.T. Magen & Company Inc. 401(k) Plan covers 259 participants in New York, about 32% of the average New York filer (state average ~798 per filing). Assets: $65M.

#7,682
in Construction (9,039 peers)
+18.8%
assets growth YoY
0.7×
vs typical plan assets (national mean)

J.T. Magen & Company Inc. 401(k) Plan's outsized position by total assets

J.T. Magen & Company Inc. 401(k) Plan vs every filed plan by assets

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

$64,811,814 Top 13% higher than 87% 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

J.T. Magen & Company Inc. 401(k) 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. J.T. Magen & Company Inc. 401(k) Plan sits mid-pack in the medium band (259 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • J.T. Magen & Company Inc. 401(k) Plan end-of-year assets rose from $55M in the plan year 2023 filing to $65M in the plan year 2024 filing.
  • J.T. Magen & Company Inc. 401(k) Plan reported net income rose from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • J.T. Magen & Company Inc. 401(k) Plan reported participants fell from 263 in the plan year 2023 filing to 259 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 113136124 · J.T. Magen & Company Inc. PY 2024 · 401(k)

J.T. Magen & Company Inc. 401(k) Plan · $65M · 259 · 87th

  • SCH $65M
  • EBSA 259
  • PART 87th
  • TYPE 401(k)
  • NET near Long Building Technologies, Inc. 401(k) Profit Sharing Plan
  • BOOK ind #7682

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 New York →

J.T. Magen & Company Inc. 401(k) Plan in the asset neighbourhood

Long Building Technologies, Inc. 401(k) Profit Sharing PlanLong Building Technologies, …$65MThink 401(k) Plan$65MNishikawa Cooper LLC Retirement PlanNishikawa Cooper LLC Retirem…$65MJ.T. Magen & Company Inc. 401(k) PlanJ.T. Magen & Company Inc. 40…$65MUniversal Avionics Systems Corporation 401(k) Profit Sharing PlanUniversal Avionics Systems C…$65M
End-of-year total assets ($M) among J.T. Magen & Company Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$65M
Net Income$10M
Employer EIN113136124
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (J.T. Magen & Company Inc.)

Sponsor-wide plan assets over time

All J.T. Magen & Company Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$65M 45.4540072422443% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $44.6M $64.8M ▲ +45.4%
Year Plans Participants Total Assets
2022 1 265 $45M
2023 1 263 $55M
2024 1 259 $65M

Nearby 401(k) Plans in New York

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

J.T. Magen & Company Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants J.T. Magen & Company Inc. 401(k) Plan, Total assets ($B): 0.064811814 · Participants: 259J.T. Magen & Company Inc. 401(k) PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
J.T. Magen & Company Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare J.T. Magen & Company Inc. 401(k) Plan side-by-side with 3 peers →

J.T. Magen & Company Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Long Building Technologies, Inc. 401(k) Profit Sharing Plan in CO ($65M); by covered participants it is The Tustin Group 401(k) Retirement in PA (259 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (259 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 J.T. Magen & Company Inc. 401(k) Plan assets move in 2024? ▼
J.T. Magen & Company Inc. 401(k) Plan grew sharply - up 18.8% during 2024, from $55M to $65M. Reported net income was $10M.
How have J.T. Magen & Company Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), J.T. Magen & Company Inc.'s sponsor-wide assets grew 45.5%, from $45M to $65M.
Where does J.T. Magen & Company Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
J.T. Magen & Company Inc. 401(k) Plan ranks in the 87th 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 J.T. Magen & Company Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Long Building Technologies, Inc. 401(k) Profit Sharing Plan in CO ($65M, 444 participants).
Which 401(k) plans cover a similar participant headcount to J.T. Magen & Company Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Tustin Group 401(k) Retirement in PA (259 participants, N/A 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 113136124.

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.