Mgic Investment 401(k) match, vesting and fees
What Mgic Investment's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 21 defined-contribution plans in management of companies and enterprises with 500 to 999 participants.
| Mgic Investment: employer contribution per participant | $8,288 | |
| Peer median | $3,322 |
| Mgic Investment: average balance | $409,006 | |
| Peer median | $92,679 |
| Mgic Investment: admin expenses ÷ assets | <0.01% | |
| Peer median | 0.18% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $400M at the end of plan year 2021 to $378M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 936 | $378M | $7.7M | $8,288 | <0.01% | Not published | Form 5500 ↗ |
| 2024 | 992 | $345M | $8M | $8,102 | <0.01% | Not published | Form 5500 ↗ |
| 2023 | 1,075 | $333M | $9.6M | $8,911 | — | Not published | Form 5500 ↗ |
| 2022 | 1,139 | $314M | $7.4M | $6,595 | <0.01% | Not published | Form 5500 ↗ |
| 2021 | 1,155 | $400M | $8M | $6,927 | <0.01% | Not published | Form 5500 ↗ |
Other Mgic Investment plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Mgic Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | U.S. Bank | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Mgic Investment match 401(k) contributions?
The match terms for the Mgic Profit Sharing and Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $7.7M in employer contributions, about $8,288 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mgic Investment 401(k) match vested?
The vesting schedule for the Mgic Profit Sharing and Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mgic Investment 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Plan Administrative Committee.
I left Mgic Investment. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Plan Administrative Committee, (414) 347-6225) or the recordkeeper, Fidelity Investments Institutional. The Mgic Investment old 401(k) page lists the contacts from every plan filing. Find an old Mgic Investment 401(k)
Data from the public Form 5500 annual reports Mgic Investment filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Mgic Investment. Not financial advice. Report a correction · Methodology