ESOP · DOL Form 5500 · 2023

Mgc Contractors, Inc. ESOP

Data updated 2026-08-25

$35M
Total assets Below avg plan size
226
Participants Below avg headcount
81st
Percentile by assets National rank
$156,406
Avg per participant Above avg balance/head
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Official DOL plan name: Mgc Contractors, Inc. Employee Stock Ownership Plan · Sponsored by Mgc Contractors, Inc. · Arizona · Construction

$35M in assets, 226 participants

Mgc Contractors, Inc.'s Mgc Contractors, Inc. Employee Stock Ownership Plan reported $35M in total assets and 226 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,208 in Construction (9,030 peers)

Coverage in Arizona

Mgc Contractors, Inc. Employee Stock Ownership Plan covers 226 participants in Arizona, about 40% of the average Arizona filer (state average ~564 per filing). Assets: $35M.

#7,208
in Construction (9,030 peers)
+7.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Mgc Contractors, Inc. Employee Stock Ownership Plan's outsized position by total assets

Mgc Contractors, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$35,347,765 Top 19% higher than 81% 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

Mgc Contractors, Inc. Employee Stock Ownership Plan 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. Mgc Contractors, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (226 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mgc Contractors, Inc. Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Mgc Contractors, Inc. Employee Stock Ownership Plan reported participants rose from 200 in the plan year 2022 filing to 226 in the plan year 2023 filing.
  • Mgc Contractors, Inc. Employee Stock Ownership Plan end-of-year assets rose from $33M in the plan year 2022 filing to $35M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 860443028 · Mgc Contractors, Inc. PY 2023 · ESOP

Mgc Contractors, Inc. Employee Stock Ownership Plan · $35M · 226 · 81st

  • RANK $35M
  • PHOTO 226
  • IND 81st
  • EOY ESOP
  • 5500 near Flywheel Employee Stock Ownership Plan
  • ASSETS ind #7208

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 What is an ESOP? → · Plans in Arizona →

Mgc Contractors, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Aptura Employee Stock Ownership PlanAptura Employee Stock Owners…$35MMgc Contractors, Inc. Employee Stock Ownership PlanMgc Contractors, Inc. Employ…$35MFlywheel Employee Stock Ownership PlanFlywheel Employee Stock Owne…$35MFlywheel Employee Stock Ownership PlanFlywheel Employee Stock Owne…$35ME&m Logistics Inc. Employee Stock Ownership PlanE&m Logistics Inc. Employee …$35M
End-of-year total assets ($M) among Mgc Contractors, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Arizona filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$33M
Net Income$3M
Employer EIN860443028
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mgc Contractors, Inc.)

Sponsor-wide plan assets over time

All Mgc Contractors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$63M 39.51779622804266% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $44.9M $62.6M ▲ +39.5%
Year Plans Participants Total Assets
2022 2 423 $45M
2023 2 480 $50M
2024 2 542 $63M

Nearby ESOP Plans in Arizona

Peer ESOP plans, same state, same plan type, ranked by total assets.

Mgc Contractors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.5 Total assets ($B) Participants Mgc Contractors, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.035347765 · Participants: 226Mgc Contractors, Inc. Employee Stock Ownership PlanThe Sundt Companies Employee Stock Ownership Plan, Total assets ($B): 1.064355538 · Participants: 2392The Sundt Companies Employee Stock Ownership PlanU-Haul Holding Company Employee Stock Ownership Plan, Total assets ($B): 0.61854692 · Participants: 19740U-Haul Holding Company Employee Stock Ownership PlanSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.313228026 · Participants: 253Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanPima Medical Institute Employee Stock Ownership Plan, Total assets ($B): 0.216174467 · Participants: 1057Pima Medical Institute Employee Stock Ownership PlanWilson Electric Services Corp. Employee Stock Ownership Plan, Total assets ($B): 0.167298665 · Participants: 726Wilson Electric Services Corp. Employee Stock Ownership Plan
Mgc Contractors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants
Compare Mgc Contractors, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Mgc Contractors, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Arizona, the nearest ESOP by assets is Flywheel Employee Stock Ownership Plan in WI ($35M); by covered participants it is Midway Ford Truck Center, Inc. Employee Stock Ownership Plan in MO (226 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($35M here).

Similar participant headcount

Nearest other-state filings by covered participants (226 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 Mgc Contractors, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Mgc Contractors, Inc. Employee Stock Ownership Plan grew at a solid clip - up 7.5% during 2023, from $33M to $35M. Reported net income was $3M.
How have Mgc Contractors, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mgc Contractors, Inc.'s sponsor-wide assets grew 39.5%, from $45M to $63M.
Where does Mgc Contractors, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Mgc Contractors, Inc. Employee Stock Ownership Plan ranks in the 81st 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 ESOP plans are similar in size to Mgc Contractors, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Flywheel Employee Stock Ownership Plan in WI ($35M, 358 participants).
Which ESOP plans cover a similar participant headcount to Mgc Contractors, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Midway Ford Truck Center, Inc. Employee Stock Ownership Plan in MO (226 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 860443028.

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.