Profit Sharing · DOL Form 5500 · 2024

Mglt Inc. Profit Sharing Plan

Data updated 2026-08-25

$495K
Total assets Small plan by assets
3
Participants Small participant base
18th
Percentile by assets National rank
$165,000
Avg per participant Above avg balance/head
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Official DOL plan name: Mglt Inc. Retirement Plan · Sponsored by Mglt Inc. · New York · Other Services

$495K in assets, 3 participants

Mglt Inc.'s Mglt Inc. Retirement Plan reported $495K in total assets and 3 participants in its 2024 DOL Form 5500 filing, ranking in the 18th 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.

  • #2,872 in Other Services (7,719 peers)

What the 2024 filing shows

Mglt Inc. Retirement Plan holds $495K for 3 participants - about $165,000 per participant, among the smaller plans by assets on file.

#2,872
in Other Services (7,719 peers)
+4.2%
assets growth YoY

Mglt Inc. Retirement Plan among the smaller filed plans by assets

Mglt Inc. Retirement Plan vs every filed plan by assets

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

$495,000 18th percentile higher than 18% 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

Mglt Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mglt Inc. Retirement Plan is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mglt Inc. Retirement Plan end-of-year assets rose from $475K in the plan year 2023 filing to $495K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 471264483 · Mglt Inc. PY 2024 · Profit Sharing

Mglt Inc. Retirement Plan · $495K · 3 · 18th

  • RANK $495K
  • PHOTO 3
  • IND 18th
  • EOY Profit Sharing
  • 5500 near Dme Interests, Inc. Retirement Plan
  • ASSETS ind #2872

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 Other Services retirement plans → · Plans in New York →

Mglt Inc. Retirement Plan in the asset neighbourhood

Mglt Inc. Retirement Plan$495KDme Interests, Inc. Retirement PlanDme Interests, Inc. Retireme…$495KAllstate Building Corp. Profit Sharing PlanAllstate Building Corp. Prof…$495KLance D. Green Dds, P.C. Retirement PlanLance D. Green Dds, P.C. Ret…$495KL&d Catlin Inc. Retirement PlanL&d Catlin Inc. Retirement P…$495K
End-of-year total assets ($M) among Mglt Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$475K
Net Assets (End of Year)$495K
Net Income$20K
Employer EIN471264483
Plan Effective Date2014-07-04
Filing StatusFILING RECEIVED

Sponsor Plan History (Mglt Inc.)

Sponsor-wide plan assets over time

All Mglt Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$495K 4.2105263157894735% vs 2022
2024 filing year
$0.47M$0.48M$0.49M$0.5M$0.51M 202220232024 $0.48M $0.5M ▲ +4.2%
Year Plans Participants Total Assets
2022 1 2 $475K
2023 1 3 $475K
2024 1 3 $495K

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Mglt Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -10123 Total assets ($B) Participants Mglt Inc. Retirement Plan, Total assets ($B): 0.000495 · Participants: 3Mglt Inc. Retirement PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Mglt Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Mglt Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Dme Interests, Inc. Retirement Plan in TX ($495K); by covered participants it is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($495K here).

Similar participant headcount

Nearest other-state filings by covered participants (3 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 Mglt Inc. Retirement Plan assets move in 2024?
Mglt Inc. Retirement Plan edged up modestly - up 4.2% during 2024, from $475K to $495K. Reported net income was $20K.
How have Mglt Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mglt Inc.'s sponsor-wide assets grew 4.2%, from $475K to $495K.
Where does Mglt Inc. Retirement Plan rank by assets among Form 5500 filers?
Mglt Inc. Retirement Plan ranks in the 18th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Mglt Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Dme Interests, Inc. Retirement Plan in TX ($495K, 24 participants).
Which Profit Sharing plans cover a similar participant headcount to Mglt Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants, $796K in assets).