Civic Intelligence

Mcgray & Nichols Inc.

Plan context: MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN

EIN 02-0259907 • New London, NH • 41 filings • 5 plans

P.O. Box 25089 Newport RoadNew London, NH 03257
Current Snapshot

Latest Year

2024

2024 Participants

11

2024 Assets

$1,554,649

2024 Contributions

$227,868

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$1,987,238$993,619$0199920132024YearValue
$1,554,649Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

1160199920132024YearValue
11Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024211$1,554,649$227,868$20,715iApproximate average salary by contribution assumption: employee only about $517,882 at 4% or $345,255 at 6%; with 50% employer match about $345,255 at 4% or $230,170 at 6%; with 100% employer match about $258,941 at 4% or $172,627 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-11$866,687$167,868$15,261iApproximate average salary by contribution assumption: employee only about $381,518 at 4% or $254,345 at 6%; with 50% employer match about $254,345 at 4% or $169,564 at 6%; with 100% employer match about $190,759 at 4% or $127,173 at 6%.
Mcgray & Nichols Inc. Defined Benefit Plan-5$687,962$60,000$12,000iApproximate average salary by contribution assumption: employee only about $300,000 at 4% or $200,000 at 6%; with 50% employer match about $200,000 at 4% or $133,333 at 6%; with 100% employer match about $150,000 at 4% or $100,000 at 6%.
202328$1,341,304$339,793$42,474iApproximate average salary by contribution assumption: employee only about $1,061,853 at 4% or $707,902 at 6%; with 50% employer match about $707,902 at 4% or $471,935 at 6%; with 100% employer match about $530,927 at 4% or $353,951 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-8$768,908$157,793$19,724iApproximate average salary by contribution assumption: employee only about $493,103 at 4% or $328,735 at 6%; with 50% employer match about $328,735 at 4% or $219,157 at 6%; with 100% employer match about $246,552 at 4% or $164,368 at 6%.
Mcgray & Nichols Inc. Defined Benefit Plan-6$572,396$182,000$30,333iApproximate average salary by contribution assumption: employee only about $758,333 at 4% or $505,556 at 6%; with 50% employer match about $505,556 at 4% or $337,037 at 6%; with 100% employer match about $379,167 at 4% or $252,778 at 6%.
202226$880,726$291,948$48,658iApproximate average salary by contribution assumption: employee only about $1,216,450 at 4% or $810,967 at 6%; with 50% employer match about $810,967 at 4% or $540,644 at 6%; with 100% employer match about $608,225 at 4% or $405,483 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-6$537,718$109,448$18,241iApproximate average salary by contribution assumption: employee only about $456,033 at 4% or $304,022 at 6%; with 50% employer match about $304,022 at 4% or $202,681 at 6%; with 100% employer match about $228,017 at 4% or $152,011 at 6%.
Mcgray & Nichols Inc. Defined Benefit Plan-5$343,008$182,500$36,500iApproximate average salary by contribution assumption: employee only about $912,500 at 4% or $608,333 at 6%; with 50% employer match about $608,333 at 4% or $405,556 at 6%; with 100% employer match about $456,250 at 4% or $304,167 at 6%.
202136$636,921$195,240$32,540iApproximate average salary by contribution assumption: employee only about $813,500 at 4% or $542,333 at 6%; with 50% employer match about $542,333 at 4% or $361,556 at 6%; with 100% employer match about $406,750 at 4% or $271,167 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-6$476,921$35,240$5,873iApproximate average salary by contribution assumption: employee only about $146,833 at 4% or $97,889 at 6%; with 50% employer match about $97,889 at 4% or $65,259 at 6%; with 100% employer match about $73,417 at 4% or $48,944 at 6%.
Mcgray & Nichols Inc. Defined Benefit Plan-3$160,000$160,000$53,333iApproximate average salary by contribution assumption: employee only about $1,333,333 at 4% or $888,889 at 6%; with 50% employer match about $888,889 at 4% or $592,593 at 6%; with 100% employer match about $666,667 at 4% or $444,444 at 6%.
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-0$0$0-
202028$1,503,194$239,640$29,955iApproximate average salary by contribution assumption: employee only about $748,875 at 4% or $499,250 at 6%; with 50% employer match about $499,250 at 4% or $332,833 at 6%; with 100% employer match about $374,438 at 4% or $249,625 at 6%.
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-4$1,050,443$200,000$50,000iApproximate average salary by contribution assumption: employee only about $1,250,000 at 4% or $833,333 at 6%; with 50% employer match about $833,333 at 4% or $555,556 at 6%; with 100% employer match about $625,000 at 4% or $416,667 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-8$452,751$39,640$4,955iApproximate average salary by contribution assumption: employee only about $123,875 at 4% or $82,583 at 6%; with 50% employer match about $82,583 at 4% or $55,056 at 6%; with 100% employer match about $61,938 at 4% or $41,292 at 6%.
201929$1,458,674$200,000$22,222iApproximate average salary by contribution assumption: employee only about $555,556 at 4% or $370,370 at 6%; with 50% employer match about $370,370 at 4% or $246,914 at 6%; with 100% employer match about $277,778 at 4% or $185,185 at 6%.
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-4$1,063,278$150,000$37,500iApproximate average salary by contribution assumption: employee only about $937,500 at 4% or $625,000 at 6%; with 50% employer match about $625,000 at 4% or $416,667 at 6%; with 100% employer match about $468,750 at 4% or $312,500 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-9$395,396$50,000$5,556iApproximate average salary by contribution assumption: employee only about $138,889 at 4% or $92,593 at 6%; with 50% employer match about $92,593 at 4% or $61,728 at 6%; with 100% employer match about $69,444 at 4% or $46,296 at 6%.
201829$1,217,330$301,651$33,517iApproximate average salary by contribution assumption: employee only about $837,919 at 4% or $558,613 at 6%; with 50% employer match about $558,613 at 4% or $372,409 at 6%; with 100% employer match about $418,960 at 4% or $279,306 at 6%.
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-7$920,380$250,000$35,714iApproximate average salary by contribution assumption: employee only about $892,857 at 4% or $595,238 at 6%; with 50% employer match about $595,238 at 4% or $396,825 at 6%; with 100% employer match about $446,429 at 4% or $297,619 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-9$296,950$51,651$5,739iApproximate average salary by contribution assumption: employee only about $143,475 at 4% or $95,650 at 6%; with 50% employer match about $95,650 at 4% or $63,767 at 6%; with 100% employer match about $71,738 at 4% or $47,825 at 6%.
201728$1,052,629$0-
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-8$778,707$0-
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-7$273,922$0-
201627$959,911$343,000$49,000iApproximate average salary by contribution assumption: employee only about $1,225,000 at 4% or $816,667 at 6%; with 50% employer match about $816,667 at 4% or $544,444 at 6%; with 100% employer match about $612,500 at 4% or $408,333 at 6%.
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-6$716,341$304,933$50,822iApproximate average salary by contribution assumption: employee only about $1,270,554 at 4% or $847,036 at 6%; with 50% employer match about $847,036 at 4% or $564,691 at 6%; with 100% employer match about $635,277 at 4% or $423,518 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-7$243,570$38,067$5,438iApproximate average salary by contribution assumption: employee only about $135,954 at 4% or $90,636 at 6%; with 50% employer match about $90,636 at 4% or $60,424 at 6%; with 100% employer match about $67,977 at 4% or $45,318 at 6%.
201527$580,906$150,000$21,429iApproximate average salary by contribution assumption: employee only about $535,714 at 4% or $357,143 at 6%; with 50% employer match about $357,143 at 4% or $238,095 at 6%; with 100% employer match about $267,857 at 4% or $178,571 at 6%.
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-7$388,891$100,000$14,286iApproximate average salary by contribution assumption: employee only about $357,143 at 4% or $238,095 at 6%; with 50% employer match about $238,095 at 4% or $158,730 at 6%; with 100% employer match about $178,571 at 4% or $119,048 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-7$192,015$50,000$7,143iApproximate average salary by contribution assumption: employee only about $178,571 at 4% or $119,048 at 6%; with 50% employer match about $119,048 at 4% or $79,365 at 6%; with 100% employer match about $89,286 at 4% or $59,524 at 6%.
201427$436,094$130,000$18,571iApproximate average salary by contribution assumption: employee only about $464,286 at 4% or $309,524 at 6%; with 50% employer match about $309,524 at 4% or $206,349 at 6%; with 100% employer match about $232,143 at 4% or $154,762 at 6%.
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-6$288,953$100,675$16,779iApproximate average salary by contribution assumption: employee only about $419,479 at 4% or $279,653 at 6%; with 50% employer match about $279,653 at 4% or $186,435 at 6%; with 100% employer match about $209,740 at 4% or $139,826 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-7$147,141$29,325$4,189iApproximate average salary by contribution assumption: employee only about $104,732 at 4% or $69,821 at 6%; with 50% employer match about $69,821 at 4% or $46,548 at 6%; with 100% employer match about $52,366 at 4% or $34,911 at 6%.
201327$1,016,167$109,244$15,606iApproximate average salary by contribution assumption: employee only about $390,157 at 4% or $260,105 at 6%; with 50% employer match about $260,105 at 4% or $173,403 at 6%; with 100% employer match about $195,079 at 4% or $130,052 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-7$833,518$30,635$4,376iApproximate average salary by contribution assumption: employee only about $109,411 at 4% or $72,940 at 6%; with 50% employer match about $72,940 at 4% or $48,627 at 6%; with 100% employer match about $54,705 at 4% or $36,470 at 6%.
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-7$182,649$78,609$11,230iApproximate average salary by contribution assumption: employee only about $280,746 at 4% or $187,164 at 6%; with 50% employer match about $187,164 at 4% or $124,776 at 6%; with 100% employer match about $140,373 at 4% or $93,582 at 6%.
201225$828,051$150,000$30,000iApproximate average salary by contribution assumption: employee only about $750,000 at 4% or $500,000 at 6%; with 50% employer match about $500,000 at 4% or $333,333 at 6%; with 100% employer match about $375,000 at 4% or $250,000 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-5$726,341$50,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-5$101,710$100,000$20,000iApproximate average salary by contribution assumption: employee only about $500,000 at 4% or $333,333 at 6%; with 50% employer match about $333,333 at 4% or $222,222 at 6%; with 100% employer match about $250,000 at 4% or $166,667 at 6%.
201125$1,987,238$39,000$7,800iApproximate average salary by contribution assumption: employee only about $195,000 at 4% or $130,000 at 6%; with 50% employer match about $130,000 at 4% or $86,667 at 6%; with 100% employer match about $97,500 at 4% or $65,000 at 6%.
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-5$1,268,325$26,329$5,266iApproximate average salary by contribution assumption: employee only about $131,645 at 4% or $87,763 at 6%; with 50% employer match about $87,763 at 4% or $58,509 at 6%; with 100% employer match about $65,823 at 4% or $43,882 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-0$718,913$12,671-
201036$39,043$39,043$6,507iApproximate average salary by contribution assumption: employee only about $162,679 at 4% or $108,453 at 6%; with 50% employer match about $108,453 at 4% or $72,302 at 6%; with 100% employer match about $81,340 at 4% or $54,226 at 6%.
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-6$24,666$24,666$4,111iApproximate average salary by contribution assumption: employee only about $102,775 at 4% or $68,517 at 6%; with 50% employer match about $68,517 at 4% or $45,678 at 6%; with 100% employer match about $51,388 at 4% or $34,258 at 6%.
MCGRAY & NICHOLS, INC. PROFIT SHARING PENSION PLAN-6$14,377$14,377$2,396iApproximate average salary by contribution assumption: employee only about $59,904 at 4% or $39,936 at 6%; with 50% employer match about $39,936 at 4% or $26,624 at 6%; with 100% employer match about $29,952 at 4% or $19,968 at 6%.
Mcgray & Nichols Inc. Defined Benefit Pension Plan-0$0$0-
200918$1,886,614$18,957$2,370iApproximate average salary by contribution assumption: employee only about $59,241 at 4% or $39,494 at 6%; with 50% employer match about $39,494 at 4% or $26,329 at 6%; with 100% employer match about $29,620 at 4% or $19,747 at 6%.
Mcgray & Nichols Inc. Defined Benefit Pension Plan-8$1,886,614$18,957$2,370iApproximate average salary by contribution assumption: employee only about $59,241 at 4% or $39,494 at 6%; with 50% employer match about $39,494 at 4% or $26,329 at 6%; with 100% employer match about $29,620 at 4% or $19,747 at 6%.
2007111$0$0-
Mcgray & Nichols Inc. Defined Benefit Pension Plan-11---
200619$1,074,010$290,872$32,319iApproximate average salary by contribution assumption: employee only about $807,978 at 4% or $538,652 at 6%; with 50% employer match about $538,652 at 4% or $359,101 at 6%; with 100% employer match about $403,989 at 4% or $269,326 at 6%.
Mcgray & Nichols Inc. Defined Benefit Pension Plan-9$1,074,010$290,872$32,319iApproximate average salary by contribution assumption: employee only about $807,978 at 4% or $538,652 at 6%; with 50% employer match about $538,652 at 4% or $359,101 at 6%; with 100% employer match about $403,989 at 4% or $269,326 at 6%.
200518$705,734$100,704$12,588iApproximate average salary by contribution assumption: employee only about $314,700 at 4% or $209,800 at 6%; with 50% employer match about $209,800 at 4% or $139,867 at 6%; with 100% employer match about $157,350 at 4% or $104,900 at 6%.
Mcgray & Nichols Inc. Defined Benefit Pension Plan-8$705,734$100,704$12,588iApproximate average salary by contribution assumption: employee only about $314,700 at 4% or $209,800 at 6%; with 50% employer match about $209,800 at 4% or $139,867 at 6%; with 100% employer match about $157,350 at 4% or $104,900 at 6%.
200417$584,443$100,980$14,426iApproximate average salary by contribution assumption: employee only about $360,643 at 4% or $240,429 at 6%; with 50% employer match about $240,429 at 4% or $160,286 at 6%; with 100% employer match about $180,321 at 4% or $120,214 at 6%.
Mcgray & Nichols Inc. Defined Benefit Pension Plan-7$584,443$100,980$14,426iApproximate average salary by contribution assumption: employee only about $360,643 at 4% or $240,429 at 6%; with 50% employer match about $240,429 at 4% or $160,286 at 6%; with 100% employer match about $180,321 at 4% or $120,214 at 6%.
200218$253,425$150,625$18,828iApproximate average salary by contribution assumption: employee only about $470,703 at 4% or $313,802 at 6%; with 50% employer match about $313,802 at 4% or $209,201 at 6%; with 100% employer match about $235,352 at 4% or $156,901 at 6%.
Mcgray & Nichols Inc. Defined Benefit Pension Plan-8$253,425$150,625$18,828iApproximate average salary by contribution assumption: employee only about $470,703 at 4% or $313,802 at 6%; with 50% employer match about $313,802 at 4% or $209,201 at 6%; with 100% employer match about $235,352 at 4% or $156,901 at 6%.
200118$92,646$0-
Mcgray & Nichols Inc. Defined Benefit Pension Plan-8$92,646--
200017$94,398$50,112$7,159iApproximate average salary by contribution assumption: employee only about $178,971 at 4% or $119,314 at 6%; with 50% employer match about $119,314 at 4% or $79,543 at 6%; with 100% employer match about $89,486 at 4% or $59,657 at 6%.
MCGRAY & NICHOLS, INC. DEFINED BENEFIT PENSION PLAN-7$94,398$50,112$7,159iApproximate average salary by contribution assumption: employee only about $178,971 at 4% or $119,314 at 6%; with 50% employer match about $119,314 at 4% or $79,543 at 6%; with 100% employer match about $89,486 at 4% or $59,657 at 6%.
199917$50,471$50,471$7,210iApproximate average salary by contribution assumption: employee only about $180,254 at 4% or $120,169 at 6%; with 50% employer match about $120,169 at 4% or $80,113 at 6%; with 100% employer match about $90,127 at 4% or $60,085 at 6%.
Mcgray & Nichols Inc. Defined Benefit Pension Plan-7$50,471$50,471$7,210iApproximate average salary by contribution assumption: employee only about $180,254 at 4% or $120,169 at 6%; with 50% employer match about $120,169 at 4% or $80,113 at 6%; with 100% employer match about $90,127 at 4% or $60,085 at 6%.