ESOP · DOL Form 5500 · 2024

Mgc Contractors, Inc. ESOP

Data updated 2026-08-25

$45M
Total assets Below avg plan size
259
Participants Below avg headcount
83rd
Percentile by assets National rank
$172,912
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

$45M in assets, 259 participants

Mgc Contractors, Inc.'s Mgc Contractors, Inc. Employee Stock Ownership Plan reported $45M in total assets and 259 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #7,339 in Construction (9,039 peers)

Coverage in Arizona

Mgc Contractors, Inc. Employee Stock Ownership Plan covers 259 participants in Arizona, about 46% of the average Arizona filer (state average ~564 per filing). Assets: $45M.

#7,339
in Construction (9,039 peers)
+26.7%
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 2024 · DOL Form 5500

$44,784,102 Top 17% higher than 83% 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. Employee Stock Ownership 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. Employee Stock Ownership Plan sits mid-pack in the medium band (259 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mgc Contractors, Inc. Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Mgc Contractors, Inc. Employee Stock Ownership Plan end-of-year assets rose from $35M in the plan year 2023 filing to $45M in the plan year 2024 filing.
  • Mgc Contractors, Inc. Employee Stock Ownership Plan reported participants rose from 226 in the plan year 2023 filing to 259 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 860443028 · Mgc Contractors, Inc. PY 2024 · ESOP

Mgc Contractors, Inc. Employee Stock Ownership Plan · $45M · 259 · 83rd

  • BOOK $45M
  • BOOK 259
  • BOOK 83rd
  • BOOK ESOP
  • BOOK near Brockmiller Construction, Inc. Employee Stock Ownership Plan
  • BOOK ind #7339

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

Sayers Technology Holdings, Inc. Employee Stock Ownership PlanSayers Technology Holdings, …$45MKirby Foods, Inc. Employee Stock Ownership PlanKirby Foods, Inc. Employee S…$45MHowe Electric Construction, Inc. ESOPHowe Electric Construction, …$45MMgc Contractors, Inc. Employee Stock Ownership PlanMgc Contractors, Inc. Employ…$45MBrockmiller Construction, Inc. Employee Stock Ownership PlanBrockmiller Construction, In…$45M
End-of-year total assets ($M) among Mgc Contractors, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Arizona filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$44M
Net Income$10M
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 -0.500.511.52 Total assets ($B) Participants Mgc Contractors, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.044784102 · Participants: 259Mgc Contractors, Inc. Employee Stock Ownership PlanThe Sundt Companies Employee Stock Ownership Plan, Total assets ($B): 1.454509943 · Participants: 3220The Sundt Companies Employee Stock Ownership PlanU-Haul Holding Company Employee Stock Ownership Plan, Total assets ($B): 0.561105831 · Participants: 21253U-Haul Holding Company Employee Stock Ownership PlanSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.414837473 · Participants: 263Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanWilson Electric Services Corp. Employee Stock Ownership Plan, Total assets ($B): 0.26183793 · Participants: 757Wilson Electric Services Corp. Employee Stock Ownership PlanPima Medical Institute Employee Stock Ownership Plan, Total assets ($B): 0.225590305 · Participants: 1089Pima Medical Institute 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 Brockmiller Construction, Inc. Employee Stock Ownership Plan in MO ($45M); by covered participants it is Jeo Employee Stock Ownership Plan in NE (259 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (259 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. Employee Stock Ownership Plan assets move in 2024? ▼
Mgc Contractors, Inc. Employee Stock Ownership Plan grew sharply - up 26.7% during 2024, from $35M to $45M. Reported net income was $10M.
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 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Brockmiller Construction, Inc. Employee Stock Ownership Plan in MO ($45M, 17 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 Jeo Employee Stock Ownership Plan in NE (259 participants, $1M 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.