401(k) · DOL Form 5500 · 2024

Max Grigsby Company, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
144
Participants Small participant base
53rd
Percentile by assets National rank
$61,195
Avg per participant Low balance/head
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Official DOL plan name: Mgc, Inc. 401(k) Plan · Sponsored by Max Grigsby Company, Inc. · Texas · Construction

$9M in assets, 144 participants

Max Grigsby Company, Inc.'s Mgc, Inc. 401(k) Plan reported $9M in total assets and 144 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #4,646 in Construction (9,039 peers)

Coverage in Texas

Mgc, Inc. 401(k) Plan covers 144 participants in Texas, about 21% of the average Texas filer (state average ~688 per filing). Assets: $9M.

#4,646
in Construction (9,039 peers)
+19.7%
assets growth YoY

Mgc, Inc. 401(k) Plan's mid-pack asset rank among Construction and all filers

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$8,812,122 Top 47% higher than 53% of 123,620 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 2024

Mgc, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mgc, Inc. 401(k) Plan sits mid-pack in the medium band (144 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mgc, Inc. 401(k) Plan reported net income rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Mgc, Inc. 401(k) Plan end-of-year assets rose from $7M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Mgc, Inc. 401(k) Plan reported participants fell from 152 in the plan year 2023 filing to 144 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 741781826 · Max Grigsby Company, Inc. PY 2024 · 401(k)

Mgc, Inc. 401(k) Plan · $9M · 144 · 53rd

  • PHOTO $9M
  • PHOTO 144
  • PHOTO 53rd
  • PHOTO 401(k)
  • PHOTO near Willy Street 401(k) Plan
  • PHOTO ind #4646

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 Texas →

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

Mgc, Inc. 401(k) Plan$9MWilly Street 401(k) Plan$9MKorber Pharma Packaging Materials LLC 401(k) PlanKorber Pharma Packaging Mate…$9MLandsman Development Corp. Retirement PlanLandsman Development Corp. R…$9MVaxart Biosciences Inc 401(k) Profit Sharing Plan & TrustVaxart Biosciences Inc 401(k…$9M
End-of-year total assets ($M) among Mgc, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN741781826
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Max Grigsby Company, Inc.)

Sponsor-wide plan assets over time

All Max Grigsby Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 142.2521782950777% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $6.15M $14.9M ▲ +142.3%
Year Plans Participants Total Assets
2022 1 129 $6M
2023 2 283 $9M
2024 2 276 $15M

Nearby 401(k) Plans in Texas

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

Mgc, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Mgc, Inc. 401(k) Plan, Total assets ($B): 0.008812122 · Participants: 144Mgc, Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Mgc, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Mgc, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Willy Street 401(k) Plan in WI ($9M); by covered participants it is Boone Drugs, Inc. Savings Plus Plan in NC (144 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (144 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mgc, Inc. 401(k) Plan assets move in 2024? ▼
Mgc, Inc. 401(k) Plan grew sharply - up 19.7% during 2024, from $7M to $9M. Reported net income was $1M.
How have Max Grigsby Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Max Grigsby Company, Inc.'s sponsor-wide assets grew 142.3%, from $6M to $15M.
Which 401(k) plans are similar in size to Mgc, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Willy Street 401(k) Plan in WI ($9M, 280 participants).
Which 401(k) plans cover a similar participant headcount to Mgc, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Boone Drugs, Inc. Savings Plus Plan in NC (144 participants, $11M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 741781826.

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.