401(k) · DOL Form 5500 · 2022

M & G Drilling Company, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
2
Participants Small participant base
71st
Percentile by assets National rank
$7.0M
Avg per participant High balance/head
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Official DOL plan name: M & G Drilling Company, Inc. 401(k) Profit Sharing Plan · Sponsored by M & G Drilling Company, Inc. · California · Mining & Oil Extraction

$14M in assets, 2 participants

M & G Drilling Company, Inc.'s M & G Drilling Company, Inc. 401(k) Profit Sharing Plan reported $14M in total assets and 2 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #480 in Mining & Oil Extraction (892 peers)

M & G Drilling Company, Inc. multi-year trail

M & G Drilling Company, Inc.'s plans moved +30.1% in assets from 2022 to 2024; this filing shows M & G Drilling Company, Inc. 401(k) Profit Sharing Plan at $14M / 2 participants.

#480
in Mining & Oil Extraction (892 peers)
-15.2%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

M & G Drilling Company, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

M & G Drilling Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$14,071,990 Top 29% higher than 71% of 139,123 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 2022

M & G Drilling Company, Inc. 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. M & G Drilling Company, Inc. 401(k) Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

DOL schedule card

Filing strip 330451953 · M & G Drilling Company, Inc. PY 2022 · 401(k)

M & G Drilling Company, Inc. 401(k) Profit Sharing Plan · $14M · 2 · 71st

  • TYPE $14M
  • NET 2
  • BOOK 71st
  • VS-ST 401(k)
  • BOY near Cape Cod Express 401(k) Plan
  • SCH ind #480

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 Mining & Oil Extraction retirement plans → · Plans in California →

M & G Drilling Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

M & G Drilling Company, Inc. 401(k) Profit Sharing PlanM & G Drilling Company, Inc.…$14MCape Cod Express 401(k) Plan$14MDubuque Racing Association 401(k) Savings PlanDubuque Racing Association 4…$14MDodson Brothers Exterminating Company, Inc. Profit Sharing 401(k) PlanDodson Brothers Exterminatin…$14MMenholt Automotive Group 401(k) PlanMenholt Automotive Group 401…$14M
End-of-year total assets ($M) among M & G Drilling Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

M & G Drilling Company, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All M & G Drilling Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 30.08344235605625% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $14.1M $18.3M ▲ +30.1%
Year Plans Participants Total Assets
2022 1 2 $14M
2023 1 2 $16M
2024 1 2 $18M

M & G Drilling Company, Inc. filing trail (2022)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$14M
Net Income-$3M
Employer EIN330451953
Plan Effective Date1997-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

M & G Drilling Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants M & G Drilling Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.01407199 · Participants: 2M & G Drilling Company, Inc. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
M & G Drilling Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare M & G Drilling Company, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

M & G Drilling Company, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Cape Cod Express 401(k) Plan in MA ($14M); by covered participants it is Cbf Discount Transmissions, Inc 401(k) Plan in TX (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did M & G Drilling Company, Inc. 401(k) Profit Sharing Plan assets move in 2022? ▼
M & G Drilling Company, Inc. 401(k) Profit Sharing Plan declined sharply - down 15.2% during 2022, from $17M to $14M. Reported net income was -$3M.
How have M & G Drilling Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), M & G Drilling Company, Inc.'s sponsor-wide assets grew 30.1%, from $14M to $18M.
Which 401(k) plans are similar in size to M & G Drilling Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cape Cod Express 401(k) Plan in MA ($14M, 160 participants).
Which 401(k) plans cover a similar participant headcount to M & G Drilling Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cbf Discount Transmissions, Inc 401(k) Plan in TX (2 participants, $162K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 330451953.

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.