Magtek401(k)

Magtek's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $105,044,776 across 219 participant accounts, with employer contributions averaging $3,212 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 964th-largest of 9,483 plans among California employers on file, and the 1,844th of 13,661 in manufacturing. In 2024, employees put in $3.28 for every $1.00 the employer contributed.