Martorella, Grasso & Co. LLP
Plan context: MG PENSION PLAN
EIN 11-2812628 • Floral Park, NY • 39 filings • 5 plans
Current Snapshot
Latest Year
2023
2023 Participants
8
2023 Assets
$9,471,378
2023 Contributions
$438,927
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2023 | 2 | 0 | $0 | $438,927 | - |
| Mg 401 (K) Profit Sharing Plan | - | 0 | $0 | $133,864 | - |
| MG PENSION PLAN | - | 0 | $0 | $305,063 | - |
| 2022 | 2 | 8 | $9,471,378 | $588,380 | $73,548iApproximate average salary by contribution assumption: employee only about $1,838,688 at 4% or $1,225,792 at 6%; with 50% employer match about $1,225,792 at 4% or $817,194 at 6%; with 100% employer match about $919,344 at 4% or $612,896 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 8 | $6,847,043 | $207,159 | $25,895iApproximate average salary by contribution assumption: employee only about $647,372 at 4% or $431,581 at 6%; with 50% employer match about $431,581 at 4% or $287,721 at 6%; with 100% employer match about $323,686 at 4% or $215,791 at 6%. |
| MG PENSION PLAN | - | 4 | $2,624,335 | $381,221 | $95,305iApproximate average salary by contribution assumption: employee only about $2,382,631 at 4% or $1,588,421 at 6%; with 50% employer match about $1,588,421 at 4% or $1,058,947 at 6%; with 100% employer match about $1,191,316 at 4% or $794,210 at 6%. |
| 2021 | 2 | 6 | $10,180,513 | $666,923 | $111,154iApproximate average salary by contribution assumption: employee only about $2,778,846 at 4% or $1,852,564 at 6%; with 50% employer match about $1,852,564 at 4% or $1,235,043 at 6%; with 100% employer match about $1,389,423 at 4% or $926,282 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 6 | $7,475,279 | $197,651 | $32,942iApproximate average salary by contribution assumption: employee only about $823,546 at 4% or $549,031 at 6%; with 50% employer match about $549,031 at 4% or $366,020 at 6%; with 100% employer match about $411,773 at 4% or $274,515 at 6%. |
| MG PENSION PLAN | - | 4 | $2,705,234 | $469,272 | $117,318iApproximate average salary by contribution assumption: employee only about $2,932,950 at 4% or $1,955,300 at 6%; with 50% employer match about $1,955,300 at 4% or $1,303,533 at 6%; with 100% employer match about $1,466,475 at 4% or $977,650 at 6%. |
| 2020 | 2 | 6 | $10,520,851 | $539,039 | $89,840iApproximate average salary by contribution assumption: employee only about $2,245,996 at 4% or $1,497,331 at 6%; with 50% employer match about $1,497,331 at 4% or $998,220 at 6%; with 100% employer match about $1,122,998 at 4% or $748,665 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 6 | $6,484,642 | $179,039 | $29,840iApproximate average salary by contribution assumption: employee only about $745,996 at 4% or $497,331 at 6%; with 50% employer match about $497,331 at 4% or $331,554 at 6%; with 100% employer match about $372,998 at 4% or $248,665 at 6%. |
| MG PENSION PLAN | - | 4 | $4,036,209 | $360,000 | $90,000iApproximate average salary by contribution assumption: employee only about $2,250,000 at 4% or $1,500,000 at 6%; with 50% employer match about $1,500,000 at 4% or $1,000,000 at 6%; with 100% employer match about $1,125,000 at 4% or $750,000 at 6%. |
| 2019 | 2 | 6 | $9,200,936 | $543,800 | $90,633iApproximate average salary by contribution assumption: employee only about $2,265,833 at 4% or $1,510,556 at 6%; with 50% employer match about $1,510,556 at 4% or $1,007,037 at 6%; with 100% employer match about $1,132,917 at 4% or $755,278 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 6 | $5,763,834 | $181,800 | $30,300iApproximate average salary by contribution assumption: employee only about $757,500 at 4% or $505,000 at 6%; with 50% employer match about $505,000 at 4% or $336,667 at 6%; with 100% employer match about $378,750 at 4% or $252,500 at 6%. |
| MG PENSION PLAN | - | 4 | $3,437,102 | $362,000 | $90,500iApproximate average salary by contribution assumption: employee only about $2,262,500 at 4% or $1,508,333 at 6%; with 50% employer match about $1,508,333 at 4% or $1,005,556 at 6%; with 100% employer match about $1,131,250 at 4% or $754,167 at 6%. |
| 2018 | 2 | 7 | $8,200,034 | $566,934 | $80,991iApproximate average salary by contribution assumption: employee only about $2,024,764 at 4% or $1,349,843 at 6%; with 50% employer match about $1,349,843 at 4% or $899,895 at 6%; with 100% employer match about $1,012,382 at 4% or $674,921 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 7 | $5,493,066 | $206,934 | $29,562iApproximate average salary by contribution assumption: employee only about $739,050 at 4% or $492,700 at 6%; with 50% employer match about $492,700 at 4% or $328,467 at 6%; with 100% employer match about $369,525 at 4% or $246,350 at 6%. |
| MG PENSION PLAN | - | 5 | $2,706,968 | $360,000 | $72,000iApproximate average salary by contribution assumption: employee only about $1,800,000 at 4% or $1,200,000 at 6%; with 50% employer match about $1,200,000 at 4% or $800,000 at 6%; with 100% employer match about $900,000 at 4% or $600,000 at 6%. |
| 2017 | 2 | 7 | $8,126,698 | $674,504 | $96,358iApproximate average salary by contribution assumption: employee only about $2,408,943 at 4% or $1,605,962 at 6%; with 50% employer match about $1,605,962 at 4% or $1,070,641 at 6%; with 100% employer match about $1,204,471 at 4% or $802,981 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 7 | $5,666,671 | $195,584 | $27,941iApproximate average salary by contribution assumption: employee only about $698,514 at 4% or $465,676 at 6%; with 50% employer match about $465,676 at 4% or $310,451 at 6%; with 100% employer match about $349,257 at 4% or $232,838 at 6%. |
| MG PENSION PLAN | - | 5 | $2,460,027 | $478,920 | $95,784iApproximate average salary by contribution assumption: employee only about $2,394,600 at 4% or $1,596,400 at 6%; with 50% employer match about $1,596,400 at 4% or $1,064,267 at 6%; with 100% employer match about $1,197,300 at 4% or $798,200 at 6%. |
| 2016 | 2 | 7 | $6,798,755 | $787,637 | $112,520iApproximate average salary by contribution assumption: employee only about $2,812,989 at 4% or $1,875,326 at 6%; with 50% employer match about $1,875,326 at 4% or $1,250,217 at 6%; with 100% employer match about $1,406,495 at 4% or $937,663 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 7 | $4,807,379 | $187,637 | $26,805iApproximate average salary by contribution assumption: employee only about $670,132 at 4% or $446,755 at 6%; with 50% employer match about $446,755 at 4% or $297,837 at 6%; with 100% employer match about $335,066 at 4% or $223,377 at 6%. |
| MG PENSION PLAN | - | 5 | $1,991,376 | $600,000 | $120,000iApproximate average salary by contribution assumption: employee only about $3,000,000 at 4% or $2,000,000 at 6%; with 50% employer match about $2,000,000 at 4% or $1,333,333 at 6%; with 100% employer match about $1,500,000 at 4% or $1,000,000 at 6%. |
| 2015 | 2 | 7 | $5,526,050 | $455,496 | $65,071iApproximate average salary by contribution assumption: employee only about $1,626,771 at 4% or $1,084,514 at 6%; with 50% employer match about $1,084,514 at 4% or $723,010 at 6%; with 100% employer match about $813,386 at 4% or $542,257 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 7 | $4,214,314 | $168,996 | $24,142iApproximate average salary by contribution assumption: employee only about $603,557 at 4% or $402,371 at 6%; with 50% employer match about $402,371 at 4% or $268,248 at 6%; with 100% employer match about $301,779 at 4% or $201,186 at 6%. |
| MG PENSION PLAN | - | 5 | $1,311,736 | $286,500 | $57,300iApproximate average salary by contribution assumption: employee only about $1,432,500 at 4% or $955,000 at 6%; with 50% employer match about $955,000 at 4% or $636,667 at 6%; with 100% employer match about $716,250 at 4% or $477,500 at 6%. |
| 2014 | 2 | 8 | $5,193,466 | $354,723 | $44,340iApproximate average salary by contribution assumption: employee only about $1,108,509 at 4% or $739,006 at 6%; with 50% employer match about $739,006 at 4% or $492,671 at 6%; with 100% employer match about $554,255 at 4% or $369,503 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 8 | $4,158,313 | $152,499 | $19,062iApproximate average salary by contribution assumption: employee only about $476,559 at 4% or $317,706 at 6%; with 50% employer match about $317,706 at 4% or $211,804 at 6%; with 100% employer match about $238,280 at 4% or $158,853 at 6%. |
| MG PENSION PLAN | - | 8 | $1,035,153 | $202,224 | $25,278iApproximate average salary by contribution assumption: employee only about $631,950 at 4% or $421,300 at 6%; with 50% employer match about $421,300 at 4% or $280,867 at 6%; with 100% employer match about $315,975 at 4% or $210,650 at 6%. |
| 2013 | 2 | 7 | $4,547,309 | $370,040 | $52,863iApproximate average salary by contribution assumption: employee only about $1,321,571 at 4% or $881,048 at 6%; with 50% employer match about $881,048 at 4% or $587,365 at 6%; with 100% employer match about $660,786 at 4% or $440,524 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 7 | $3,776,697 | $161,275 | $23,039iApproximate average salary by contribution assumption: employee only about $575,982 at 4% or $383,988 at 6%; with 50% employer match about $383,988 at 4% or $255,992 at 6%; with 100% employer match about $287,991 at 4% or $191,994 at 6%. |
| MG PENSION PLAN | - | 7 | $770,612 | $208,765 | $29,824iApproximate average salary by contribution assumption: employee only about $745,589 at 4% or $497,060 at 6%; with 50% employer match about $497,060 at 4% or $331,373 at 6%; with 100% employer match about $372,795 at 4% or $248,530 at 6%. |
| 2012 | 2 | 7 | $3,724,266 | $363,799 | $51,971iApproximate average salary by contribution assumption: employee only about $1,299,282 at 4% or $866,188 at 6%; with 50% employer match about $866,188 at 4% or $577,459 at 6%; with 100% employer match about $649,641 at 4% or $433,094 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 7 | $3,160,029 | $142,799 | $20,400iApproximate average salary by contribution assumption: employee only about $509,996 at 4% or $339,998 at 6%; with 50% employer match about $339,998 at 4% or $226,665 at 6%; with 100% employer match about $254,998 at 4% or $169,999 at 6%. |
| MG PENSION PLAN | - | 7 | $564,237 | $221,000 | $31,571iApproximate average salary by contribution assumption: employee only about $789,286 at 4% or $526,190 at 6%; with 50% employer match about $526,190 at 4% or $350,794 at 6%; with 100% employer match about $394,643 at 4% or $263,095 at 6%. |
| 2011 | 2 | 9 | $3,052,560 | $323,261 | $35,918iApproximate average salary by contribution assumption: employee only about $897,947 at 4% or $598,631 at 6%; with 50% employer match about $598,631 at 4% or $399,088 at 6%; with 100% employer match about $448,974 at 4% or $299,316 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 9 | $2,738,382 | $152,326 | $16,925iApproximate average salary by contribution assumption: employee only about $423,128 at 4% or $282,085 at 6%; with 50% employer match about $282,085 at 4% or $188,057 at 6%; with 100% employer match about $211,564 at 4% or $141,043 at 6%. |
| MG PENSION PLAN | - | 7 | $314,178 | $170,935 | $24,419iApproximate average salary by contribution assumption: employee only about $610,482 at 4% or $406,988 at 6%; with 50% employer match about $406,988 at 4% or $271,325 at 6%; with 100% employer match about $305,241 at 4% or $203,494 at 6%. |
| 2010 | 2 | 8 | $2,752,003 | $285,123 | $35,640iApproximate average salary by contribution assumption: employee only about $891,009 at 4% or $594,006 at 6%; with 50% employer match about $594,006 at 4% or $396,004 at 6%; with 100% employer match about $445,505 at 4% or $297,003 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 8 | $2,609,547 | $142,667 | $17,833iApproximate average salary by contribution assumption: employee only about $445,834 at 4% or $297,223 at 6%; with 50% employer match about $297,223 at 4% or $198,149 at 6%; with 100% employer match about $222,917 at 4% or $148,611 at 6%. |
| MG PENSION PLAN | - | 8 | $142,456 | $142,456 | $17,807iApproximate average salary by contribution assumption: employee only about $445,175 at 4% or $296,783 at 6%; with 50% employer match about $296,783 at 4% or $197,856 at 6%; with 100% employer match about $222,588 at 4% or $148,392 at 6%. |
| 2009 | 1 | 8 | $2,214,013 | $173,158 | $21,645iApproximate average salary by contribution assumption: employee only about $541,119 at 4% or $360,746 at 6%; with 50% employer match about $360,746 at 4% or $240,497 at 6%; with 100% employer match about $270,559 at 4% or $180,373 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 8 | $2,214,013 | $173,158 | $21,645iApproximate average salary by contribution assumption: employee only about $541,119 at 4% or $360,746 at 6%; with 50% employer match about $360,746 at 4% or $240,497 at 6%; with 100% employer match about $270,559 at 4% or $180,373 at 6%. |
| 2008 | 1 | 8 | $1,676,534 | $163,252 | $20,407iApproximate average salary by contribution assumption: employee only about $510,163 at 4% or $340,108 at 6%; with 50% employer match about $340,108 at 4% or $226,739 at 6%; with 100% employer match about $255,081 at 4% or $170,054 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 8 | $1,676,534 | $163,252 | $20,407iApproximate average salary by contribution assumption: employee only about $510,163 at 4% or $340,108 at 6%; with 50% employer match about $340,108 at 4% or $226,739 at 6%; with 100% employer match about $255,081 at 4% or $170,054 at 6%. |
| 2007 | 1 | 7 | $0 | $0 | - |
| Mg 401 (K) Profit Sharing Plan | - | 7 | - | - | - |
| 2006 | 1 | 7 | $1,785,174 | $148,719 | $21,246iApproximate average salary by contribution assumption: employee only about $531,139 at 4% or $354,093 at 6%; with 50% employer match about $354,093 at 4% or $236,062 at 6%; with 100% employer match about $265,570 at 4% or $177,046 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 7 | $1,785,174 | $148,719 | $21,246iApproximate average salary by contribution assumption: employee only about $531,139 at 4% or $354,093 at 6%; with 50% employer match about $354,093 at 4% or $236,062 at 6%; with 100% employer match about $265,570 at 4% or $177,046 at 6%. |
| 2005 | 1 | 8 | $1,456,571 | $136,113 | $17,014iApproximate average salary by contribution assumption: employee only about $425,353 at 4% or $283,569 at 6%; with 50% employer match about $283,569 at 4% or $189,046 at 6%; with 100% employer match about $212,677 at 4% or $141,784 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 8 | $1,456,571 | $136,113 | $17,014iApproximate average salary by contribution assumption: employee only about $425,353 at 4% or $283,569 at 6%; with 50% employer match about $283,569 at 4% or $189,046 at 6%; with 100% employer match about $212,677 at 4% or $141,784 at 6%. |
| 2004 | 1 | 8 | $1,295,138 | $125,729 | $15,716iApproximate average salary by contribution assumption: employee only about $392,903 at 4% or $261,935 at 6%; with 50% employer match about $261,935 at 4% or $174,624 at 6%; with 100% employer match about $196,452 at 4% or $130,968 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 8 | $1,295,138 | $125,729 | $15,716iApproximate average salary by contribution assumption: employee only about $392,903 at 4% or $261,935 at 6%; with 50% employer match about $261,935 at 4% or $174,624 at 6%; with 100% employer match about $196,452 at 4% or $130,968 at 6%. |
| 2003 | 1 | 8 | $0 | $0 | - |
| Mg 401 (K) Profit Sharing Plan | - | 8 | - | - | - |
| 2002 | 1 | 9 | $872,766 | $140,956 | $15,662iApproximate average salary by contribution assumption: employee only about $391,544 at 4% or $261,030 at 6%; with 50% employer match about $261,030 at 4% or $174,020 at 6%; with 100% employer match about $195,772 at 4% or $130,515 at 6%. |
| Mg 401 (K) Profit Sharing Plan | - | 9 | $872,766 | $140,956 | $15,662iApproximate average salary by contribution assumption: employee only about $391,544 at 4% or $261,030 at 6%; with 50% employer match about $261,030 at 4% or $174,020 at 6%; with 100% employer match about $195,772 at 4% or $130,515 at 6%. |
| 2001 | 1 | 9 | $0 | $0 | - |
| Mg 401 (K) Profit Sharing Plan | - | 9 | - | - | - |
| 2000 | 2 | 9 | $0 | $0 | - |
| FISCHER & MARTORELLA C.P.A.S RETIREMENT PLAN | - | 0 | - | - | - |
| Mg 401 (K) Profit Sharing Plan | - | 9 | - | - | - |