I guess that depends on your setup. How many gallons does your sump hold? The turnover for a sump is generally suggested to be 3x - 5x the display size (this is just a rule of thumb and several factors could play a part). That would mean between 165 - 275 gph on a 55. So depending on the height of your return a Mag 3 would get about 270 at 4' and 210 at 3'. This does not take into consideration the design of the plumbing and any losses in the plumbing.
So, in my opinion a Mag 3 may be a bit undersized, I personally may be inclined to go up a size pump or two. However, if you have a very small sump, ~ 10 gallons, it may be beneficial to have an undersized pump as it would give all the microbubbles resulting from the drain plenty of time exit the water. I know I have a mag 9.5 on a 65 gallon with 20 gallon sump, 2 return lines, and feeding the fuge and I have to close off the returns a bit or I have microbubbles everywhere.