401(k) · DOL Form 5500 · 2024

Magna Hospitality Group, L.C. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets: 2,169
Participants Above avg headcount: 73rd
Percentile by assets National rank: $10,940
Avg per participant Low balance/head

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Official DOL plan name: My Nest Egg 401(k) Plan · Sponsored by Magna Hospitality Group, L.C. · Rhode Island · Food Services & Accommodation

$24M in assets, 2,169 participants

Magna Hospitality Group, L.C.'s My Nest Egg 401(k) Plan reported $24M in total assets and 2,169 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

#3,406 in Food Services & Accommodation (3,672 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, My Nest Egg 401(k) Plan ranks #3,406 of 3,672 2024 filers by assets (1.2x the sector average)-$24M for 2,169 participants.

#3,406
in Food Services & Accommodation (3,672 peers): +18.5%
assets growth YoY

My Nest Egg 401(k) Plan's outsized position by total assets

My Nest Egg 401(k) Plan vs every filed plan by assets

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

$23,728,200 Top 27% higher than 73% 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

My Nest Egg 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. My Nest Egg 401(k) Plan lands in the large band (2,169 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

My Nest Egg 401(k) Plan reported participants rose from 1,732 in the plan year 2023 filing to 2,169 in the plan year 2024 filing.
My Nest Egg 401(k) Plan end-of-year assets rose from $20M in the plan year 2023 filing to $24M in the plan year 2024 filing.
My Nest Egg 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 650846862 · Magna Hospitality Group, L.C. PY 2024 · 401(k)

My Nest Egg 401(k) Plan · $24M · 2,169 · 73rd

BOY $24M
SCH 2,169
EBSA 73rd
PART 401(k)
TYPE near Kevin, Inc. Profit Sharing Plan
NET ind #3406

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 Food Services & Accommodation retirement plans → · Plans in Rhode Island →

End-of-year total assets ($M) among My Nest Egg 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)	$20M
Net Assets (End of Year)	$23M
Net Income	$6M
Employer EIN	650846862
Plan Effective Date	2005-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Magna Hospitality Group, L.C.)

Latest sponsor-wide plan assets: $24M 72.52319369673269% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	1,076	$14M
2023	1	1,732	$20M
2024	1	2,169	$24M

Nearby 401(k) Plans in Rhode Island

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

My Nest Egg 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

CVS Health Future Fund 401(k) Plan $30.1B · 240,493
Textron Savings Plan $6.1B · 26,609
Cfg Retirement Savings Plan $3.2B · 17,893
Unfi 401(k) Plan $2.8B · 26,416
Factory Mutual Insurance Company 401(k) Savings Plan $1.9B · 4,005

Compare My Nest Egg 401(k) Plan side-by-side with 3 peers →

My Nest Egg 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Rhode Island, the nearest 401(k) by assets is Kevin, Inc. Profit Sharing Plan in ME ($24M); by covered participants it is US Healthvest Group 401(k) Plan in IL (2,169 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Kevin, Inc. Profit Sharing Plan (ME) $24M · 191
Washington Radiology Associates, PLLC Profit Sharing Plan (VA) $24M · 24
The Magni Group, Inc. Profit Sharing and 401(k) Plan (MI) $24M · 295
Just Play LLC 401(k) Plan (FL) $24M · 242

Similar participant headcount

Nearest other-state filings by covered participants (2,169 participants); asset peers above are excluded.

US Healthvest Group 401(k) Plan (IL) 2,169 · 0 off
La Michoacana Meat Market 401(k) Plan (TX) 2,170 · 1 off
Masters Mates & Pilots Individual Retirement Account Plan (MD) 2,170 · 1 off
First Financial Bancorp 401(k) Savings Plan (OH) 2,171 · 2 off

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 My Nest Egg 401(k) Plan assets move in 2024? ▼

My Nest Egg 401(k) Plan grew sharply - up 18.5% during 2024, from $20M to $24M. Reported net income was $6M.

How have Magna Hospitality Group, L.C. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Magna Hospitality Group, L.C.'s sponsor-wide assets grew 72.5%, from $14M to $24M.

Which 401(k) plans are similar in size to My Nest Egg 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Kevin, Inc. Profit Sharing Plan in ME ($24M, 191 participants).

Which 401(k) plans cover a similar participant headcount to My Nest Egg 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is US Healthvest Group 401(k) Plan in IL (2,169 participants, $22M 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 650846862.