401(k) · DOL Form 5500 · 2024

Mgc Contractors, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
283
Participants Below avg headcount
68th
Percentile by assets National rank
$63,043
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

$18M in assets, 283 participants

Mgc Contractors, Inc.'s Mgc Contractors, Inc. 401(k) Plan reported $18M in total assets and 283 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #6,032 in Construction (9,039 peers)

Mgc Contractors, Inc. multi-year trail

Mgc Contractors, Inc.'s plans moved +39.5% in assets from 2022 to 2024; this filing shows Mgc Contractors, Inc. 401(k) Plan at $18M / 283 participants.

#6,032
in Construction (9,039 peers)
+22.4%
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 2024 · DOL Form 5500

$17,841,307 Top 32% higher than 68% 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 Contractors, 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 Contractors, Inc. 401(k) Plan sits mid-pack in the medium band (283 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mgc Contractors, Inc. 401(k) Plan reported net income rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Mgc Contractors, Inc. 401(k) Plan end-of-year assets rose from $15M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Mgc Contractors, Inc. 401(k) Plan reported participants rose from 254 in the plan year 2023 filing to 283 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 860443028 · Mgc Contractors, Inc. PY 2024 · 401(k)

Mgc Contractors, Inc. 401(k) Plan · $18M · 283 · 68th

  • BOOK $18M
  • VS-ST 283
  • BOY 68th
  • SCH 401(k)
  • EBSA near Gts Platform 401(k) Plan
  • PART ind #6032

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)…$18MGts Platform 401(k) Plan$18MFirst Oklahoma Bank 401(k) Employee Stock Ownership PlanFirst Oklahoma Bank 401(k) E…$18MUnited Tile/Sonoma Tilemakers 401(k) PlanUnited Tile/Sonoma Tilemaker…$18MStarburst Data, Inc. 401(k) PlanStarburst Data, Inc. 401(k) …$18M
End-of-year total assets ($M) among Mgc Contractors, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Mgc Contractors, Inc. multi-year asset trail

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

Mgc Contractors, Inc. filing trail (2024)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$18M
Net Income$3M
Employer EIN860443028
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

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 -202468 Total assets ($B) Participants Mgc Contractors, Inc. 401(k) Plan, Total assets ($B): 0.017841307 · Participants: 283Mgc Contractors, Inc. 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 6.067288511 · Participants: 7971Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.918574883 · Participants: 54731Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.670667399 · Participants: 13770Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.666764279 · Participants: 32629Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 2.319061108 · Participants: 11603Stantec 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 Gts Platform 401(k) Plan in GA ($18M); by covered participants it is Jpi Retirement Plan in TX (283 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (283 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 Contractors, Inc. 401(k) Plan assets move in 2024? ▼
Mgc Contractors, Inc. 401(k) Plan grew sharply - up 22.4% during 2024, from $15M to $18M. 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 Gts Platform 401(k) Plan in GA ($18M, 140 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 Jpi Retirement Plan in TX (283 participants, $28M 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 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.