Michael Mcgowen Agency Inc
Plan context: Michael Mcgowen Agency Inc 401(K) Profit Sharing Plan & Trust
EIN 26-1072733 • Albemarle, NC • 4 filings • 1 plans
Current Snapshot
Latest Year
2025
2025 Participants
4
2025 Assets
$64,129
2025 Contributions
$20,155
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 |
|---|---|---|---|---|---|
| 2025 | 1 | 4 | $64,129 | $20,155 | $5,039iApproximate average salary by contribution assumption: employee only about $125,969 at 4% or $83,979 at 6%; with 50% employer match about $83,979 at 4% or $55,986 at 6%; with 100% employer match about $62,984 at 4% or $41,990 at 6%. |
| Michael Mcgowen Agency Inc 401(K) Profit Sharing Plan & Trust | - | 4 | $64,129 | $20,155 | $5,039iApproximate average salary by contribution assumption: employee only about $125,969 at 4% or $83,979 at 6%; with 50% employer match about $83,979 at 4% or $55,986 at 6%; with 100% employer match about $62,984 at 4% or $41,990 at 6%. |
| 2024 | 1 | 4 | $36,750 | $17,110 | $4,278iApproximate average salary by contribution assumption: employee only about $106,938 at 4% or $71,292 at 6%; with 50% employer match about $71,292 at 4% or $47,528 at 6%; with 100% employer match about $53,469 at 4% or $35,646 at 6%. |
| Michael Mcgowen Agency Inc 401(K) Profit Sharing Plan & Trust | - | 4 | $36,750 | $17,110 | $4,278iApproximate average salary by contribution assumption: employee only about $106,938 at 4% or $71,292 at 6%; with 50% employer match about $71,292 at 4% or $47,528 at 6%; with 100% employer match about $53,469 at 4% or $35,646 at 6%. |
| 2023 | 1 | 4 | $17,288 | $13,550 | $3,388iApproximate average salary by contribution assumption: employee only about $84,688 at 4% or $56,458 at 6%; with 50% employer match about $56,458 at 4% or $37,639 at 6%; with 100% employer match about $42,344 at 4% or $28,229 at 6%. |
| Michael Mcgowen Agency Inc 401(K) Profit Sharing Plan & Trust | - | 4 | $17,288 | $13,550 | $3,388iApproximate average salary by contribution assumption: employee only about $84,688 at 4% or $56,458 at 6%; with 50% employer match about $56,458 at 4% or $37,639 at 6%; with 100% employer match about $42,344 at 4% or $28,229 at 6%. |
| 2022 | 1 | 4 | $2,286 | $2,256 | $564iApproximate average salary by contribution assumption: employee only about $14,100 at 4% or $9,400 at 6%; with 50% employer match about $9,400 at 4% or $6,267 at 6%; with 100% employer match about $7,050 at 4% or $4,700 at 6%. |
| Michael Mcgowen Agency Inc 401(K) Profit Sharing Plan & Trust | - | 4 | $2,286 | $2,256 | $564iApproximate average salary by contribution assumption: employee only about $14,100 at 4% or $9,400 at 6%; with 50% employer match about $9,400 at 4% or $6,267 at 6%; with 100% employer match about $7,050 at 4% or $4,700 at 6%. |