401(k) · DOL Form 5500 · 2024

Mg Capital Maintenance, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
390
Participants Below avg headcount
39th
Percentile by assets National rank
$10,582
Avg per participant Low balance/head
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Official DOL plan name: Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Mg Capital Maintenance, Inc. · North Carolina · Administrative & Support Services

$4M in assets, 390 participants

Mg Capital Maintenance, Inc.'s Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust reported $4M in total assets and 390 participants in its 2024 DOL Form 5500 filing, ranking in the 39th 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.

  • #2,702 in Administrative & Support Services (4,368 peers)

Coverage in North Carolina

Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust covers 390 participants in North Carolina, about 48% of the average North Carolina filer (state average ~819 per filing). Assets: $4M.

#2,702
in Administrative & Support Services (4,368 peers)
+19.3%
assets growth YoY

Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust's mid-pack asset rank among Administrative & Support Services and all filers

Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$4,127,138 39th percentile higher than 39% 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 Capital Maintenance, Inc. 401(k) Profit Sharing Plan and 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 Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (390 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust reported participants rose from 311 in the plan year 2023 filing to 390 in the plan year 2024 filing.
  • Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust reported net income fell from $708K in the plan year 2023 filing to $668K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 200363315 · Mg Capital Maintenance, Inc. PY 2024 · 401(k)

Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust · $4M · 390 · 39th

  • SCH $4M
  • EBSA 390
  • PART 39th
  • TYPE 401(k)
  • NET near Ikon Group Pension Plan
  • BOOK ind #2702

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 Administrative & Support Services retirement plans → · Plans in North Carolina →

Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and TrustMg Capital Maintenance, Inc.…$4MIkon Group Pension Plan$4MWoonsocket Health Centre 401(k) Profit Sharing PlanWoonsocket Health Centre 401…$4MTraction Capital Partners 401(k) PlanTraction Capital Partners 40…$4MQuestar Engineering, Inc. 401(k) Profit Sharing PlanQuestar Engineering, Inc. 40…$4M
End-of-year total assets ($M) among Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$668K
Employer EIN200363315
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mg Capital Maintenance, Inc.)

Sponsor-wide plan assets over time

All Mg Capital Maintenance, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 50.01686588279084% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.75M $4.13M ▲ +50.2%
Year Plans Participants Total Assets
2022 1 248 $3M
2023 1 311 $3M
2024 1 390 $4M

Nearby 401(k) Plans in North Carolina

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

Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.004127138 · Participants: 390Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and TrustThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Ikon Group Pension Plan in PR ($4M); by covered participants it is Foreflight LLC 401(k) Profit Sharing Plan and Trust in TX (390 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (390 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 Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼
Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust grew sharply - up 19.3% during 2024, from $3M to $4M. Reported net income was $668K.
How have Mg Capital Maintenance, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mg Capital Maintenance, Inc.'s sponsor-wide assets grew 50.0%, from $3M to $4M.
Which 401(k) plans are similar in size to Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Ikon Group Pension Plan in PR ($4M, 94 participants).
Which 401(k) plans cover a similar participant headcount to Mg Capital Maintenance, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Foreflight LLC 401(k) Profit Sharing Plan and Trust in TX (390 participants, $42M 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 200363315.

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.