Civic Intelligence

M-G Financial Inc.

Plan context: M-G FINANCIAL, INC. CASH BALANCE PLAN

EIN 20-3075456 • Northbrook, IL • 22 filings • 2 plans

1434 Techny RoadNorthbrook, IL 60062
Current Snapshot

Latest Year

2024

2024 Participants

5

2024 Assets

$3,740,445

2024 Contributions

$97,401

Historical Graphs

Total Assets Over Time

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

$3,740,445$1,870,223$0201420192024YearValue
$3,740,445Latest year 2024

Participants Over Time

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

630201420192024YearValue
5Latest 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
202425$3,740,445$97,401$19,480iApproximate average salary by contribution assumption: employee only about $487,005 at 4% or $324,670 at 6%; with 50% employer match about $324,670 at 4% or $216,447 at 6%; with 100% employer match about $243,503 at 4% or $162,335 at 6%.
M-G FINANCIAL, INC. CASH BALANCE PLAN-5$2,288,332$0-
M-G Financial Inc. 401(K) Plan-5$1,452,113$97,401$19,480iApproximate average salary by contribution assumption: employee only about $487,005 at 4% or $324,670 at 6%; with 50% employer match about $324,670 at 4% or $216,447 at 6%; with 100% employer match about $243,503 at 4% or $162,335 at 6%.
202325$2,669,528$125,716$25,143iApproximate average salary by contribution assumption: employee only about $628,580 at 4% or $419,053 at 6%; with 50% employer match about $419,053 at 4% or $279,369 at 6%; with 100% employer match about $314,290 at 4% or $209,527 at 6%.
M-G FINANCIAL, INC. CASH BALANCE PLAN-5$1,478,503$0-
M-G Financial Inc. 401(K) Plan-5$1,191,025$125,716$25,143iApproximate average salary by contribution assumption: employee only about $628,580 at 4% or $419,053 at 6%; with 50% employer match about $419,053 at 4% or $279,369 at 6%; with 100% employer match about $314,290 at 4% or $209,527 at 6%.
202225$1,987,163$260,306$52,061iApproximate average salary by contribution assumption: employee only about $1,301,530 at 4% or $867,687 at 6%; with 50% employer match about $867,687 at 4% or $578,458 at 6%; with 100% employer match about $650,765 at 4% or $433,843 at 6%.
M-G FINANCIAL, INC. CASH BALANCE PLAN-4$1,073,486$128,083$32,021iApproximate average salary by contribution assumption: employee only about $800,519 at 4% or $533,679 at 6%; with 50% employer match about $533,679 at 4% or $355,786 at 6%; with 100% employer match about $400,259 at 4% or $266,840 at 6%.
M-G Financial Inc. 401(K) Plan-5$913,677$132,223$26,445iApproximate average salary by contribution assumption: employee only about $661,115 at 4% or $440,743 at 6%; with 50% employer match about $440,743 at 4% or $293,829 at 6%; with 100% employer match about $330,558 at 4% or $220,372 at 6%.
202124$2,452,511$116,876$29,219iApproximate average salary by contribution assumption: employee only about $730,475 at 4% or $486,983 at 6%; with 50% employer match about $486,983 at 4% or $324,656 at 6%; with 100% employer match about $365,238 at 4% or $243,492 at 6%.
M-G FINANCIAL, INC. CASH BALANCE PLAN-4$1,520,823$0-
M-G Financial Inc. 401(K) Plan-4$931,688$116,876$29,219iApproximate average salary by contribution assumption: employee only about $730,475 at 4% or $486,983 at 6%; with 50% employer match about $486,983 at 4% or $324,656 at 6%; with 100% employer match about $365,238 at 4% or $243,492 at 6%.
202025$1,942,260$127,520$25,504iApproximate average salary by contribution assumption: employee only about $637,600 at 4% or $425,067 at 6%; with 50% employer match about $425,067 at 4% or $283,378 at 6%; with 100% employer match about $318,800 at 4% or $212,533 at 6%.
M-G FINANCIAL, INC. CASH BALANCE PLAN-5$1,250,368$0-
M-G Financial Inc. 401(K) Plan-4$691,892$127,520$31,880iApproximate average salary by contribution assumption: employee only about $797,000 at 4% or $531,333 at 6%; with 50% employer match about $531,333 at 4% or $354,222 at 6%; with 100% employer match about $398,500 at 4% or $265,667 at 6%.
201925$1,293,771$259,991$51,998iApproximate average salary by contribution assumption: employee only about $1,299,955 at 4% or $866,637 at 6%; with 50% employer match about $866,637 at 4% or $577,758 at 6%; with 100% employer match about $649,978 at 4% or $433,318 at 6%.
M-G FINANCIAL, INC. CASH BALANCE PLAN-5$831,609$135,836$27,167iApproximate average salary by contribution assumption: employee only about $679,180 at 4% or $452,787 at 6%; with 50% employer match about $452,787 at 4% or $301,858 at 6%; with 100% employer match about $339,590 at 4% or $226,393 at 6%.
M-G Financial Inc. 401(K) Plan-4$462,162$124,155$31,039iApproximate average salary by contribution assumption: employee only about $775,969 at 4% or $517,313 at 6%; with 50% employer match about $517,313 at 4% or $344,875 at 6%; with 100% employer match about $387,984 at 4% or $258,656 at 6%.
201825$950,578$222,341$44,468iApproximate average salary by contribution assumption: employee only about $1,111,705 at 4% or $741,137 at 6%; with 50% employer match about $741,137 at 4% or $494,091 at 6%; with 100% employer match about $555,853 at 4% or $370,568 at 6%.
M-G FINANCIAL, INC. CASH BALANCE PLAN-5$670,838$126,223$25,245iApproximate average salary by contribution assumption: employee only about $631,115 at 4% or $420,743 at 6%; with 50% employer match about $420,743 at 4% or $280,496 at 6%; with 100% employer match about $315,558 at 4% or $210,372 at 6%.
M-G Financial Inc. 401(K) Plan-4$279,740$96,118$24,030iApproximate average salary by contribution assumption: employee only about $600,738 at 4% or $400,492 at 6%; with 50% employer match about $400,492 at 4% or $266,994 at 6%; with 100% employer match about $300,369 at 4% or $200,246 at 6%.
201724$808,755$172,558$43,140iApproximate average salary by contribution assumption: employee only about $1,078,488 at 4% or $718,992 at 6%; with 50% employer match about $718,992 at 4% or $479,328 at 6%; with 100% employer match about $539,244 at 4% or $359,496 at 6%.
M-G FINANCIAL, INC. CASH BALANCE PLAN-3$595,250$120,000$40,000iApproximate average salary by contribution assumption: employee only about $1,000,000 at 4% or $666,667 at 6%; with 50% employer match about $666,667 at 4% or $444,444 at 6%; with 100% employer match about $500,000 at 4% or $333,333 at 6%.
M-G Financial Inc. 401(K) Plan-4$213,505$52,558$13,140iApproximate average salary by contribution assumption: employee only about $328,488 at 4% or $218,992 at 6%; with 50% employer match about $218,992 at 4% or $145,994 at 6%; with 100% employer match about $164,244 at 4% or $109,496 at 6%.
201626$653,104$214,485$35,748iApproximate average salary by contribution assumption: employee only about $893,688 at 4% or $595,792 at 6%; with 50% employer match about $595,792 at 4% or $397,194 at 6%; with 100% employer match about $446,844 at 4% or $297,896 at 6%.
M-G FINANCIAL, INC. CASH BALANCE PLAN-4$436,821$130,356$32,589iApproximate average salary by contribution assumption: employee only about $814,725 at 4% or $543,150 at 6%; with 50% employer match about $543,150 at 4% or $362,100 at 6%; with 100% employer match about $407,363 at 4% or $271,575 at 6%.
M-G Financial Inc. 401(K) Plan-6$216,283$84,129$14,022iApproximate average salary by contribution assumption: employee only about $350,538 at 4% or $233,692 at 6%; with 50% employer match about $233,692 at 4% or $155,794 at 6%; with 100% employer match about $175,269 at 4% or $116,846 at 6%.
201524$446,908$231,929$57,982iApproximate average salary by contribution assumption: employee only about $1,449,556 at 4% or $966,371 at 6%; with 50% employer match about $966,371 at 4% or $644,247 at 6%; with 100% employer match about $724,778 at 4% or $483,185 at 6%.
M-G FINANCIAL, INC. CASH BALANCE PLAN-4$323,996$165,937$41,484iApproximate average salary by contribution assumption: employee only about $1,037,106 at 4% or $691,404 at 6%; with 50% employer match about $691,404 at 4% or $460,936 at 6%; with 100% employer match about $518,553 at 4% or $345,702 at 6%.
M-G Financial Inc. 401(K) Plan-4$122,912$65,992$16,498iApproximate average salary by contribution assumption: employee only about $412,450 at 4% or $274,967 at 6%; with 50% employer match about $274,967 at 4% or $183,311 at 6%; with 100% employer match about $206,225 at 4% or $137,483 at 6%.
201423$199,538$189,513$63,171iApproximate average salary by contribution assumption: employee only about $1,579,275 at 4% or $1,052,850 at 6%; with 50% employer match about $1,052,850 at 4% or $701,900 at 6%; with 100% employer match about $789,638 at 4% or $526,425 at 6%.
M-G FINANCIAL, INC. CASH BALANCE PLAN-3$141,729$132,160$44,053iApproximate average salary by contribution assumption: employee only about $1,101,333 at 4% or $734,222 at 6%; with 50% employer match about $734,222 at 4% or $489,481 at 6%; with 100% employer match about $550,667 at 4% or $367,111 at 6%.
M-G Financial Inc. 401(K) Plan-3$57,809$57,353$19,118iApproximate average salary by contribution assumption: employee only about $477,942 at 4% or $318,628 at 6%; with 50% employer match about $318,628 at 4% or $212,419 at 6%; with 100% employer match about $238,971 at 4% or $159,314 at 6%.