Civic Intelligence

Mg-Ip Law PC

Plan context: Mg-Ip Law PC 401 K Profit Sharing Plan Trust

EIN 20-4316455 • Alexandria, VA • 15 filings • 4 plans

125 S. Royal StreetAlexandria, VA 22314
Current Snapshot

Latest Year

2024

2024 Participants

111

2024 Assets

$15,830,174

2024 Contributions

$1,217,482

Historical Graphs

Total Assets Over Time

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

$15,830,174$7,915,087$0200920182024YearValue
$15,830,174Latest year 2024

Participants Over Time

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

111560200820172024YearValue
111Latest 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
20241111$15,830,174$1,217,482$10,968iApproximate average salary by contribution assumption: employee only about $274,208 at 4% or $182,805 at 6%; with 50% employer match about $182,805 at 4% or $121,870 at 6%; with 100% employer match about $137,104 at 4% or $91,403 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-111$15,830,174$1,217,482$10,968iApproximate average salary by contribution assumption: employee only about $274,208 at 4% or $182,805 at 6%; with 50% employer match about $182,805 at 4% or $121,870 at 6%; with 100% employer match about $137,104 at 4% or $91,403 at 6%.
2023199$13,979,243$1,098,426$11,095iApproximate average salary by contribution assumption: employee only about $277,380 at 4% or $184,920 at 6%; with 50% employer match about $184,920 at 4% or $123,280 at 6%; with 100% employer match about $138,690 at 4% or $92,460 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-99$13,979,243$1,098,426$11,095iApproximate average salary by contribution assumption: employee only about $277,380 at 4% or $184,920 at 6%; with 50% employer match about $184,920 at 4% or $123,280 at 6%; with 100% employer match about $138,690 at 4% or $92,460 at 6%.
2022196$11,980,115$1,070,172$11,148iApproximate average salary by contribution assumption: employee only about $278,691 at 4% or $185,794 at 6%; with 50% employer match about $185,794 at 4% or $123,863 at 6%; with 100% employer match about $139,345 at 4% or $92,897 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-96$11,980,115$1,070,172$11,148iApproximate average salary by contribution assumption: employee only about $278,691 at 4% or $185,794 at 6%; with 50% employer match about $185,794 at 4% or $123,863 at 6%; with 100% employer match about $139,345 at 4% or $92,897 at 6%.
2021196$12,973,159$1,030,223$10,731iApproximate average salary by contribution assumption: employee only about $268,287 at 4% or $178,858 at 6%; with 50% employer match about $178,858 at 4% or $119,239 at 6%; with 100% employer match about $134,144 at 4% or $89,429 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-96$12,973,159$1,030,223$10,731iApproximate average salary by contribution assumption: employee only about $268,287 at 4% or $178,858 at 6%; with 50% employer match about $178,858 at 4% or $119,239 at 6%; with 100% employer match about $134,144 at 4% or $89,429 at 6%.
2020192$11,550,565$1,186,356$12,895iApproximate average salary by contribution assumption: employee only about $322,379 at 4% or $214,920 at 6%; with 50% employer match about $214,920 at 4% or $143,280 at 6%; with 100% employer match about $161,190 at 4% or $107,460 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-92$11,550,565$1,186,356$12,895iApproximate average salary by contribution assumption: employee only about $322,379 at 4% or $214,920 at 6%; with 50% employer match about $214,920 at 4% or $143,280 at 6%; with 100% employer match about $161,190 at 4% or $107,460 at 6%.
2019189$9,832,404$1,027,472$11,545iApproximate average salary by contribution assumption: employee only about $288,616 at 4% or $192,410 at 6%; with 50% employer match about $192,410 at 4% or $128,274 at 6%; with 100% employer match about $144,308 at 4% or $96,205 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-89$9,832,404$1,027,472$11,545iApproximate average salary by contribution assumption: employee only about $288,616 at 4% or $192,410 at 6%; with 50% employer match about $192,410 at 4% or $128,274 at 6%; with 100% employer match about $144,308 at 4% or $96,205 at 6%.
2018199$8,141,292$1,089,926$11,009iApproximate average salary by contribution assumption: employee only about $275,234 at 4% or $183,489 at 6%; with 50% employer match about $183,489 at 4% or $122,326 at 6%; with 100% employer match about $137,617 at 4% or $91,745 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-99$8,141,292$1,089,926$11,009iApproximate average salary by contribution assumption: employee only about $275,234 at 4% or $183,489 at 6%; with 50% employer match about $183,489 at 4% or $122,326 at 6%; with 100% employer match about $137,617 at 4% or $91,745 at 6%.
2017192$7,836,161$1,169,471$12,712iApproximate average salary by contribution assumption: employee only about $317,791 at 4% or $211,861 at 6%; with 50% employer match about $211,861 at 4% or $141,240 at 6%; with 100% employer match about $158,896 at 4% or $105,930 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-92$7,836,161$1,169,471$12,712iApproximate average salary by contribution assumption: employee only about $317,791 at 4% or $211,861 at 6%; with 50% employer match about $211,861 at 4% or $141,240 at 6%; with 100% employer match about $158,896 at 4% or $105,930 at 6%.
2016181$5,893,569$1,756,924$21,690iApproximate average salary by contribution assumption: employee only about $542,260 at 4% or $361,507 at 6%; with 50% employer match about $361,507 at 4% or $241,005 at 6%; with 100% employer match about $271,130 at 4% or $180,753 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-81$5,893,569$1,756,924$21,690iApproximate average salary by contribution assumption: employee only about $542,260 at 4% or $361,507 at 6%; with 50% employer match about $361,507 at 4% or $241,005 at 6%; with 100% employer match about $271,130 at 4% or $180,753 at 6%.
2015174$3,911,407$731,721$9,888iApproximate average salary by contribution assumption: employee only about $247,203 at 4% or $164,802 at 6%; with 50% employer match about $164,802 at 4% or $109,868 at 6%; with 100% employer match about $123,602 at 4% or $82,401 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-74$3,911,407$731,721$9,888iApproximate average salary by contribution assumption: employee only about $247,203 at 4% or $164,802 at 6%; with 50% employer match about $164,802 at 4% or $109,868 at 6%; with 100% employer match about $123,602 at 4% or $82,401 at 6%.
2014169$3,450,286$831,041$12,044iApproximate average salary by contribution assumption: employee only about $301,102 at 4% or $200,735 at 6%; with 50% employer match about $200,735 at 4% or $133,823 at 6%; with 100% employer match about $150,551 at 4% or $100,367 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-69$3,450,286$831,041$12,044iApproximate average salary by contribution assumption: employee only about $301,102 at 4% or $200,735 at 6%; with 50% employer match about $200,735 at 4% or $133,823 at 6%; with 100% employer match about $150,551 at 4% or $100,367 at 6%.
2013161$2,770,984$714,130$11,707iApproximate average salary by contribution assumption: employee only about $292,676 at 4% or $195,117 at 6%; with 50% employer match about $195,117 at 4% or $130,078 at 6%; with 100% employer match about $146,338 at 4% or $97,559 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-61$2,770,984$714,130$11,707iApproximate average salary by contribution assumption: employee only about $292,676 at 4% or $195,117 at 6%; with 50% employer match about $195,117 at 4% or $130,078 at 6%; with 100% employer match about $146,338 at 4% or $97,559 at 6%.
2012148$1,675,439$260,987$5,437iApproximate average salary by contribution assumption: employee only about $135,931 at 4% or $90,620 at 6%; with 50% employer match about $90,620 at 4% or $60,414 at 6%; with 100% employer match about $67,965 at 4% or $45,310 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-48$1,675,439$260,987$5,437iApproximate average salary by contribution assumption: employee only about $135,931 at 4% or $90,620 at 6%; with 50% employer match about $90,620 at 4% or $60,414 at 6%; with 100% employer match about $67,965 at 4% or $45,310 at 6%.
2009122$742,784$359,139$16,325iApproximate average salary by contribution assumption: employee only about $408,113 at 4% or $272,075 at 6%; with 50% employer match about $272,075 at 4% or $181,383 at 6%; with 100% employer match about $204,056 at 4% or $136,038 at 6%.
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-22$742,784$359,139$16,325iApproximate average salary by contribution assumption: employee only about $408,113 at 4% or $272,075 at 6%; with 50% employer match about $272,075 at 4% or $181,383 at 6%; with 100% employer match about $204,056 at 4% or $136,038 at 6%.
2008135$0$0-
Mg-Ip Law PC 401 K Profit Sharing Plan Trust-35---
Mg-Ip Law PC | EIN 20-4316455 | 2024 Form 5500 Company Profile