401(k) · DOL Form 5500 · 2024

Master Magnetics, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
96
Participants Small participant base
47th
Percentile by assets National rank
$67,988
Avg per participant Below avg balance/head
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Official DOL plan name: Master Magnetics, Inc. 401(k) Plan · Sponsored by Master Magnetics, Inc. · Colorado · Wholesale Trade

$7M in assets, 96 participants

Master Magnetics, Inc.'s Master Magnetics, Inc. 401(k) Plan reported $7M in total assets and 96 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #2,224 in Wholesale Trade (6,080 peers)

Master Magnetics, Inc. multi-year trail

Master Magnetics, Inc.'s plans moved +53.2% in assets from 2023 to 2024; this filing shows Master Magnetics, Inc. 401(k) Plan at $7M / 96 participants.

#2,224
in Wholesale Trade (6,080 peers)
+53.2%
assets growth YoY

Master Magnetics, Inc. 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Master Magnetics, Inc. 401(k) Plan vs every filed plan by assets

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

$6,526,890 47th percentile higher than 47% 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

Master Magnetics, Inc. 401(k) 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. Master Magnetics, Inc. 401(k) Plan is a small filing (96 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Master Magnetics, Inc. 401(k) Plan reported net income rose from $732K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Master Magnetics, Inc. 401(k) Plan end-of-year assets rose from $4M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Master Magnetics, Inc. 401(k) Plan reported participants fell from 98 in the plan year 2023 filing to 96 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 991492601 · Master Magnetics, Inc. PY 2024 · 401(k)

Master Magnetics, Inc. 401(k) Plan · $7M · 96 · 47th

  • VS-ST $7M
  • BOY 96
  • SCH 47th
  • EBSA 401(k)
  • PART near Burt Watson Chevrolet Inc 401(k) Profit Sharing Plan & Trust
  • TYPE ind #2224

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 Wholesale Trade retirement plans → · Plans in Colorado →

Master Magnetics, Inc. 401(k) Plan in the asset neighbourhood

Master Magnetics, Inc. 401(k) PlanMaster Magnetics, Inc. 401(k…$7MBurt Watson Chevrolet Inc 401(k) Profit Sharing Plan & TrustBurt Watson Chevrolet Inc 40…$7MAlta Care Group, Inc. 401(k) PlanAlta Care Group, Inc. 401(k)…$7MPediatrics Plus Therapy Servic 401(k) Profit Sharing Plan & TrustPediatrics Plus Therapy Serv…$7MMeridian Behavioral Healthcare, Inc. 401 (a) PlanMeridian Behavioral Healthca…$7M
End-of-year total assets ($M) among Master Magnetics, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Master Magnetics, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Master Magnetics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 53.20568403371286% vs 2023
2024 filing year
$4M$5M$6M$7M 20232024 $4.26M $6.53M ▲ +53.3%
Year Plans Participants Total Assets
2023 1 98 $4M
2024 1 96 $7M

Master Magnetics, Inc. filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$7M
Net Income$2M
Employer EIN991492601
Plan Effective Date1988-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Colorado

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

Master Magnetics, Inc. 401(k) Plan vs. nearby 401(k) plans in Colorado, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -1012345 Total assets ($B) Participants Master Magnetics, Inc. 401(k) Plan, Total assets ($B): 0.00652689 · Participants: 96Master Magnetics, Inc. 401(k) PlanDavita Retirement Savings Plan, Total assets ($B): 3.81412558 · Participants: 57900Davita Retirement Savings PlanBall Corporation 401(k) and Employee Stock Ownership Plan, Total assets ($B): 2.319532435 · Participants: 9935Ball Corporation 401(k) and Employee Stock Ownership PlanArcadis U.S., Inc. Retirement Savings Plan, Total assets ($B): 2.259964434 · Participants: 7607Arcadis U.S., Inc. Retirement Savings PlanEmpower Retirement, LLC 401(k) Savings Plan, Total assets ($B): 2.234179481 · Participants: 10185Empower Retirement, LLC 401(k) Savings PlanWoodward Retirement Savings Plan, Total assets ($B): 1.965265264 · Participants: 6210Woodward Retirement Savings Plan
Master Magnetics, Inc. 401(k) Plan vs. nearby 401(k) plans in Colorado, assets vs. participants
Compare Master Magnetics, Inc. 401(k) Plan side-by-side with 3 peers →

Master Magnetics, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Colorado, the nearest 401(k) by assets is Burt Watson Chevrolet Inc 401(k) Profit Sharing Plan & Trust in MI ($7M); by covered participants it is Berberian Entities 401(k) Retirement Plan in CA (96 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (96 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 Master Magnetics, Inc. 401(k) Plan assets move in 2024? ▼
Master Magnetics, Inc. 401(k) Plan surged - up 53.2% during 2024, from $4M to $7M. Reported net income was $2M.
How have Master Magnetics, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Master Magnetics, Inc.'s sponsor-wide assets grew 53.2%, from $4M to $7M.
Which 401(k) plans are similar in size to Master Magnetics, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Burt Watson Chevrolet Inc 401(k) Profit Sharing Plan & Trust in MI ($7M, 117 participants).
Which 401(k) plans cover a similar participant headcount to Master Magnetics, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Berberian Entities 401(k) Retirement Plan in CA (96 participants, $5M 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 991492601.

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.