401(k) · DOL Form 5500 · 2022

Mcgough Construction Co., LLC 401(k) Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
268
Participants Below avg headcount
90th
Percentile by assets National rank
$229,476
Avg per participant Above avg balance/head
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Official DOL plan name: Mcgough Companies 401(k) Plan and Trust · Sponsored by Mcgough Construction Co., LLC · Minnesota · Construction

$61M in assets, 268 participants

Mcgough Construction Co., LLC's Mcgough Companies 401(k) Plan and Trust reported $61M in total assets and 268 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #8,731 in Construction (9,927 peers)

Coverage in Minnesota

Mcgough Companies 401(k) Plan and Trust covers 268 participants in Minnesota, about 24% of the average Minnesota filer (state average ~1,126 per filing). Assets: $61M.

#8,731
in Construction (9,927 peers)
-15.2%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcgough Companies 401(k) Plan and Trust's outsized position by total assets

Mcgough Companies 401(k) Plan and Trust vs every filed plan by assets

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

$61,499,695 Top 10% higher than 90% 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

Mcgough Companies 401(k) Plan and Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcgough Companies 401(k) Plan and Trust sits mid-pack in the medium band (268 participants).

DOL schedule card

Filing strip 410774787 · Mcgough Construction Co., LLC PY 2022 · 401(k)

Mcgough Companies 401(k) Plan and Trust · $61M · 268 · 90th

  • IND $61M
  • IND 268
  • IND 90th
  • IND 401(k)
  • IND near Ellsworth Corporation 401(k) Savings Plan
  • IND ind #8731

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 Construction retirement plans → · Plans in Minnesota →

Mcgough Companies 401(k) Plan and Trust in the asset neighbourhood

V-T Industries, Inc. Retirement/Savings PlanV-T Industries, Inc. Retirem…$62MGuaranty Bancshares, Inc. ESOP W/401(k) ProvisionsGuaranty Bancshares, Inc. ES…$62MMcgough Companies 401(k) Plan and TrustMcgough Companies 401(k) Pla…$61MEllsworth Corporation 401(k) Savings PlanEllsworth Corporation 401(k)…$61MZen-Noh Grain Corporation Retirement Savings PlanZen-Noh Grain Corporation Re…$62M
End-of-year total assets ($M) among Mcgough Companies 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$61M
Net Income-$11M
Employer EIN410774787
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcgough Construction Co., LLC)

Sponsor-wide plan assets over time

All Mcgough Construction Co., LLC plans reported in each filing year

Latest sponsor-wide plan assets
$89M 45.23740158386151% vs 2022
2024 filing year
$50M$60M$70M$80M$90M$100M 202220232024 $61.5M $89.3M ▲ +45.2%
Year Plans Participants Total Assets
2022 1 268 $61M
2023 1 309 $75M
2024 1 363 $89M

Nearby 401(k) Plans in Minnesota

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

Mcgough Companies 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Mcgough Companies 401(k) Plan and Trust, Total assets ($B): 0.061499695 · Participants: 268Mcgough Companies 401(k) Plan and TrustUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Mcgough Companies 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants

Mcgough Companies 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Ellsworth Corporation 401(k) Savings Plan in WI ($61M); by covered participants it is Afmv 401(k) Profit Sharing Plan in CT (268 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (268 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 Mcgough Companies 401(k) Plan and Trust assets move in 2022?
Mcgough Companies 401(k) Plan and Trust declined sharply - down 15.2% during 2022, from $72M to $61M. Reported net income was -$11M.
How have Mcgough Construction Co., LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Mcgough Construction Co., LLC's sponsor-wide assets grew 45.2%, from $61M to $89M.
Where does Mcgough Companies 401(k) Plan and Trust rank by assets among Form 5500 filers?
Mcgough Companies 401(k) Plan and Trust ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Mcgough Companies 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Ellsworth Corporation 401(k) Savings Plan in WI ($61M, 512 participants).
Which 401(k) plans cover a similar participant headcount to Mcgough Companies 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Afmv 401(k) Profit Sharing Plan in CT (268 participants, $540K in assets).