401(k) · DOL Form 5500 · 2022

Mge Underground, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
187
Participants Below avg headcount
67th
Percentile by assets National rank
$59,039
Avg per participant Low balance/head
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Official DOL plan name: Mge Underground, Inc. 401(k) Plan · Sponsored by Mge Underground, Inc. · California · Construction

$11M in assets, 187 participants

Mge Underground, Inc.'s Mge Underground, Inc. 401(k) Plan reported $11M in total assets and 187 participants in its 2022 DOL Form 5500 filing, ranking in the 67th 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.

  • #6,598 in Construction (9,927 peers)

Coverage in California

Mge Underground, Inc. 401(k) Plan covers 187 participants in California, about 30% of the average California filer (state average ~630 per filing). Assets: $11M.

#6,598
in Construction (9,927 peers)
-10.0%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mge Underground, Inc. 401(k) Plan's outsized position by total assets

Mge Underground, Inc. 401(k) Plan vs every filed plan by assets

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

$11,040,336 Top 33% higher than 67% 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

Mge Underground, Inc. 401(k) Plan 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. Mge Underground, Inc. 401(k) Plan sits mid-pack in the medium band (187 participants).

EBSA filing schedule strip

Filing strip 770514177 · Mge Underground, Inc. PY 2022 · 401(k)

Mge Underground, Inc. 401(k) Plan · $11M · 187 · 67th

  • VS-ST $11M
  • BOY 187
  • SCH 67th
  • EBSA 401(k)
  • PART near David S. Lapine, Inc. Profit Sharing and 401(k) Plan
  • TYPE ind #6598

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 California →

Mge Underground, Inc. 401(k) Plan in the asset neighbourhood

Mge Underground, Inc. 401(k) PlanMge Underground, Inc. 401(k)…$11MDavid S. Lapine, Inc. Profit Sharing and 401(k) PlanDavid S. Lapine, Inc. Profit…$11MRainier Industries Ltd. 401(k) and Profit Sharing PlanRainier Industries Ltd. 401(…$11MClinton's Ditch Steelworkers 401(k) PlanClinton's Ditch Steelworkers…$11MTrigo Quality Solutions US Inc. 401(k) PlanTrigo Quality Solutions US I…$11M
End-of-year total assets ($M) among Mge Underground, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$11M
Net Income-$1M
Employer EIN770514177
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mge Underground, Inc.)

Sponsor-wide plan assets over time

All Mge Underground, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 58.226905413023665% vs 2022
2024 filing year
$10M$12M$14M$16M$18M$20M 202220232024 $11M $17.5M ▲ +58.2%
Year Plans Participants Total Assets
2022 1 187 $11M
2023 1 204 $15M
2024 1 175 $17M

Nearby 401(k) Plans in California

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

Mge Underground, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Mge Underground, Inc. 401(k) Plan, Total assets ($B): 0.011040336 · Participants: 187Mge Underground, Inc. 401(k) 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
Mge Underground, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Mge Underground, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is David S. Lapine, Inc. Profit Sharing and 401(k) Plan in CT ($11M); by covered participants it is Nappi Distributors, Inc. 401(k) Plan in ME (187 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (187 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 Mge Underground, Inc. 401(k) Plan assets move in 2022?
Mge Underground, Inc. 401(k) Plan pulled back noticeably - down 10.0% during 2022, from $12M to $11M. Reported net income was -$1M.
How have Mge Underground, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mge Underground, Inc.'s sponsor-wide assets grew 58.2%, from $11M to $17M.
Which 401(k) plans are similar in size to Mge Underground, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is David S. Lapine, Inc. Profit Sharing and 401(k) Plan in CT ($11M, 74 participants).
Which 401(k) plans cover a similar participant headcount to Mge Underground, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Nappi Distributors, Inc. 401(k) Plan in ME (187 participants, $14M in assets).