401(k) · DOL Form 5500 · 2023

Mcgough Construction Co., LLC 401(k) Plan

Data updated 2026-08-25

$75M
Total assets Below avg plan size
309
Participants Below avg headcount
89th
Percentile by assets National rank
$243,491
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

$75M in assets, 309 participants

Mcgough Construction Co., LLC's Mcgough Companies 401(k) Plan and Trust reported $75M in total assets and 309 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,874 in Construction (9,030 peers)

Coverage in Minnesota

Mcgough Companies 401(k) Plan and Trust covers 309 participants in Minnesota, about 27% of the average Minnesota filer (state average ~1,126 per filing). Assets: $75M.

#7,874
in Construction (9,030 peers)
+22.3%
assets growth YoY
0.8×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$75,238,746 Top 11% higher than 89% of 127,068 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 2023

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

Plan-year 2023 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 (309 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mcgough Companies 401(k) Plan and Trust reported net income rose from -$11M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Mcgough Companies 401(k) Plan and Trust end-of-year assets rose from $61M in the plan year 2022 filing to $75M in the plan year 2023 filing.
  • Mcgough Companies 401(k) Plan and Trust reported participants rose from 268 in the plan year 2022 filing to 309 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 410774787 · Mcgough Construction Co., LLC PY 2023 · 401(k)

Mcgough Companies 401(k) Plan and Trust · $75M · 309 · 89th

  • PHOTO $75M
  • PHOTO 309
  • PHOTO 89th
  • PHOTO 401(k)
  • PHOTO near Prima Care, P. C. Profit Sharing Plan
  • PHOTO ind #7874

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

Mcgough Companies 401(k) Plan and TrustMcgough Companies 401(k) Pla…$75MPrima Care, P. C. Profit Sharing PlanPrima Care, P. C. Profit Sha…$75MHatco Corporation 401(k) TrustHatco Corporation 401(k) Tru…$75MAmalgamated Sugar Company Salaried 401(k) PlanAmalgamated Sugar Company Sa…$75MNorth American Breweries, Inc. Employees' Savings and Investment PlanNorth American Breweries, In…$75M
End-of-year total assets ($M) among Mcgough Companies 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$75M
Net Income$14M
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 -50510152025 Total assets ($B) Participants Mcgough Companies 401(k) Plan and Trust, Total assets ($B): 0.075238746 · Participants: 309Mcgough Companies 401(k) Plan and TrustUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Mcgough Companies 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Mcgough Companies 401(k) Plan and Trust side-by-side with 3 peers →

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 Prima Care, P. C. Profit Sharing Plan in MA ($75M); by covered participants it is Jams, Inc. 401(k) Retirement Savings Plan in CA (309 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (309 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Mcgough Companies 401(k) Plan and Trust grew sharply - up 22.3% during 2023, from $61M to $75M. Reported net income was $14M.
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 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile 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 Prima Care, P. C. Profit Sharing Plan in MA ($75M, 618 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 Jams, Inc. 401(k) Retirement Savings Plan in CA (309 participants, $50M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410774787.

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.