401(k) · DOL Form 5500 · 2024

Grothues Brothers Holdings 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
308
Participants Below avg headcount
59th
Percentile by assets National rank
$37,539
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

$12M in assets, 308 participants

Grothues Brothers Holdings's Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust reported $12M in total assets and 308 participants in its 2024 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.

  • #5,620 in Retail Trade (8,048 peers)

Coverage in Texas

Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust covers 308 participants in Texas, about 45% of the average Texas filer (state average ~688 per filing). Assets: $12M.

#5,620
in Retail Trade (8,048 peers)
+12.0%
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 2024 · DOL Form 5500

$11,562,155 Top 41% higher than 59% 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

Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust 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. Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (308 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $10M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust reported net income rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 741769046 · Grothues Brothers Holdings PY 2024 · 401(k)

Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust · $12M · 308 · 59th

  • PCT $12M
  • PCT 308
  • PCT 59th
  • PCT 401(k)
  • PCT near Schwieters Companies, Inc. 401(k) Plan
  • PCT ind #5620

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…$12MSchwieters Companies, Inc. 401(k) PlanSchwieters Companies, Inc. 4…$12MAllegany Co-Op Insurance Company 401(k) Savings PlanAllegany Co-Op Insurance Com…$12MGlowforge 401(k) Plan$12MThe Apex Paper Box Company Profit-Sharing & Savings PlanThe Apex Paper Box Company P…$12M
End-of-year total assets ($M) among Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
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): 0.011562155 · Participants: 308Mg Building Materials Ltd 401(k) Profit Sharing Plan & TrustAT&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
Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Texas, assets vs. participants

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 Schwieters Companies, Inc. 401(k) Plan in MN ($12M); by covered participants it is Uphealth, Inc. 401(k) Plan in FL (308 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (308 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 Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust assets move in 2024?
Mg Building Materials Ltd 401(k) Profit Sharing Plan & Trust grew at a solid clip - up 12.0% during 2024, from $10M to $12M. 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 Schwieters Companies, Inc. 401(k) Plan in MN ($12M, 135 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 Uphealth, Inc. 401(k) Plan in FL (308 participants, $7M in assets).