401(k) · DOL Form 5500 · 2023

Grothues Brothers Holdings 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
306
Participants Below avg headcount
59th
Percentile by assets National rank
$33,739
Avg per participant Low balance/head
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Official DOL plan name: Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust · Sponsored by Grothues Brothers Holdings · Texas · Retail Trade

$10M in assets, 306 participants

Grothues Brothers Holdings's Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust reported $10M in total assets and 306 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #5,913 in Retail Trade (8,414 peers)

Coverage in Texas

Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust covers 306 participants in Texas, about 45% of the average Texas filer (state average ~688 per filing). Assets: $10M.

#5,913
in Retail Trade (8,414 peers)
+12.3%
assets growth YoY

Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Retail Trade and all filers

Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$10,324,019 Top 41% higher than 59% 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

Mg Building Materials Ltd 401(k) Profit Sharing Plan & 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. Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (306 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 741769046 · Grothues Brothers Holdings PY 2023 · 401(k)

Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust · $10M · 306 · 59th

  • 5500 $10M
  • 5500 306
  • 5500 59th
  • 5500 401(k)
  • 5500 near The Mid-America Management Corporation Retirement Savings Plan
  • 5500 ind #5913

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 Retail Trade retirement plans → · Plans in Texas →

Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Mg Building Materials Ltd 401(k) Profit Sharing Plan & TrustMg Building Materials Ltd 40…$10MThe Mid-America Management Corporation Retirement Savings PlanThe Mid-America Management C…$10MFirst State Bank 401(k) Profit Sharing PlanFirst State Bank 401(k) Prof…$10MThe Grieve Corporation Profit Sharing PlanThe Grieve Corporation Profi…$10MNational Tube Supply Company 401(k) Savings PlanNational Tube Supply Company…$10M
End-of-year total assets ($M) among Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN741769046
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Grothues Brothers Holdings)

Sponsor-wide plan assets over time

All Grothues Brothers Holdings plans reported in each filing year

Latest sponsor-wide plan assets
$12M 25.77512422873752% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $9.19M $11.6M ▲ +25.8%
Year Plans Participants Total Assets
2022 1 308 $9M
2023 1 306 $10M
2024 1 308 $12M

Nearby 401(k) Plans in Texas

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

Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.010324019 · Participants: 306Mg Building Materials Ltd 401(k) Profit Sharing Plan & TrustAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust side-by-side with 3 peers →

Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is The Mid-America Management Corporation Retirement Savings Plan in OH ($10M); by covered participants it is Life Unlimited, Inc. 401(k) Plan in MO (306 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (306 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 Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust assets move in 2023? ▼
Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust grew at a solid clip - up 12.3% during 2023, from $9M to $10M. Reported net income was $1M.
How have Grothues Brothers Holdings plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Grothues Brothers Holdings's sponsor-wide assets grew 25.8%, from $9M to $12M.
Which 401(k) plans are similar in size to Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is The Mid-America Management Corporation Retirement Savings Plan in OH ($10M, 133 participants).
Which 401(k) plans cover a similar participant headcount to Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Life Unlimited, Inc. 401(k) Plan in MO (306 participants, $3M 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 741769046.

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.