401(k) · DOL Form 5500 · 2023

Mgc Contractors, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
254
Participants Below avg headcount
67th
Percentile by assets National rank
$57,396
Avg per participant Low balance/head
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Official DOL plan name: Mgc Contractors, Inc. 401(k) Plan · Sponsored by Mgc Contractors, Inc. · Arizona · Construction

$15M in assets, 254 participants

Mgc Contractors, Inc.'s Mgc Contractors, Inc. 401(k) Plan reported $15M in total assets and 254 participants in its 2023 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.

  • #5,893 in Construction (9,030 peers)

Coverage in Arizona

Mgc Contractors, Inc. 401(k) Plan covers 254 participants in Arizona, about 45% of the average Arizona filer (state average ~564 per filing). Assets: $15M.

#5,893
in Construction (9,030 peers)
+21.4%
assets growth YoY

Mgc Contractors, Inc. 401(k) Plan's outsized position by total assets

Mgc Contractors, Inc. 401(k) Plan vs every filed plan by assets

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

$14,578,534 Top 33% higher than 67% 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. 401(k) 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. 401(k) Plan sits mid-pack in the medium band (254 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mgc Contractors, Inc. 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Mgc Contractors, Inc. 401(k) Plan end-of-year assets rose from $12M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Mgc Contractors, Inc. 401(k) Plan reported participants rose from 223 in the plan year 2022 filing to 254 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 860443028 · Mgc Contractors, Inc. PY 2023 · 401(k)

Mgc Contractors, Inc. 401(k) Plan · $15M · 254 · 67th

  • EBSA $15M
  • EBSA 254
  • EBSA 67th
  • EBSA 401(k)
  • EBSA near Patriot Federal Credit Union Capital Accumulation Plan
  • EBSA ind #5893

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 Arizona →

Mgc Contractors, Inc. 401(k) Plan in the asset neighbourhood

Mgc Contractors, Inc. 401(k) PlanMgc Contractors, Inc. 401(k)…$15MPatriot Federal Credit Union Capital Accumulation PlanPatriot Federal Credit Union…$15MWisconsin Radiology Specialists Sc 401(k) Profit Sharing Plan and TrustWisconsin Radiology Speciali…$15MMackin Educational Resources 401(k) Retirement Savings PlanMackin Educational Resources…$15MClaire Edwards Charak 401(k) PlanClaire Edwards Charak 401(k)…$15M
End-of-year total assets ($M) among Mgc Contractors, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Arizona filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$15M
Net Income$3M
Employer EIN860443028
Plan Effective Date1995-01-01
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 401(k) Plans in Arizona

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

Mgc Contractors, Inc. 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Mgc Contractors, Inc. 401(k) Plan, Total assets ($B): 0.014578534 · Participants: 254Mgc Contractors, Inc. 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Mgc Contractors, Inc. 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Mgc Contractors, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Arizona, the nearest 401(k) by assets is Patriot Federal Credit Union Capital Accumulation Plan in PA ($15M); by covered participants it is Dennelisse Corporation 401(k) Plan in NY (254 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (254 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. 401(k) Plan assets move in 2023? ▼
Mgc Contractors, Inc. 401(k) Plan grew sharply - up 21.4% during 2023, from $12M to $15M. 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.
Which 401(k) plans are similar in size to Mgc Contractors, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Patriot Federal Credit Union Capital Accumulation Plan in PA ($15M, 194 participants).
Which 401(k) plans cover a similar participant headcount to Mgc Contractors, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dennelisse Corporation 401(k) Plan in NY (254 participants, $2M 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.