Civic Intelligence

M.G. Electric Service Co. Inc.

Plan context: M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust

EIN 36-2353841 • Arlington Heights, IL • 32 filings • 4 plans

1450 East Algonquin RoadArlington Heights, IL 60005
Current Snapshot

Latest Year

2022

2022 Participants

5

2022 Assets

$5,278,274

2022 Contributions

$102,920

Historical Graphs

Total Assets Over Time

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

$7,424,172$3,712,086$0199920102021YearValue
$5,278,274Latest year 2021

Participants Over Time

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

1790199920102021YearValue
5Latest year 2021

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
202210$0$0-
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-0$0--
202115$5,278,274$0-
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-5$5,278,274--
2020112$6,227,176$102,920$8,577iApproximate average salary by contribution assumption: employee only about $214,417 at 4% or $142,944 at 6%; with 50% employer match about $142,944 at 4% or $95,296 at 6%; with 100% employer match about $107,208 at 4% or $71,472 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-12$6,227,176$102,920$8,577iApproximate average salary by contribution assumption: employee only about $214,417 at 4% or $142,944 at 6%; with 50% employer match about $142,944 at 4% or $95,296 at 6%; with 100% employer match about $107,208 at 4% or $71,472 at 6%.
2019115$6,126,681$67,996$4,533iApproximate average salary by contribution assumption: employee only about $113,327 at 4% or $75,551 at 6%; with 50% employer match about $75,551 at 4% or $50,367 at 6%; with 100% employer match about $56,663 at 4% or $37,776 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-15$6,126,681$67,996$4,533iApproximate average salary by contribution assumption: employee only about $113,327 at 4% or $75,551 at 6%; with 50% employer match about $75,551 at 4% or $50,367 at 6%; with 100% employer match about $56,663 at 4% or $37,776 at 6%.
2018117$6,263,867$132,000$7,765iApproximate average salary by contribution assumption: employee only about $194,118 at 4% or $129,412 at 6%; with 50% employer match about $129,412 at 4% or $86,275 at 6%; with 100% employer match about $97,059 at 4% or $64,706 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-17$6,263,867$132,000$7,765iApproximate average salary by contribution assumption: employee only about $194,118 at 4% or $129,412 at 6%; with 50% employer match about $129,412 at 4% or $86,275 at 6%; with 100% employer match about $97,059 at 4% or $64,706 at 6%.
2017114$7,424,172$200,000$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%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-14$7,424,172$200,000$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%.
2016114$6,509,050$226,950$16,211iApproximate average salary by contribution assumption: employee only about $405,268 at 4% or $270,179 at 6%; with 50% employer match about $270,179 at 4% or $180,119 at 6%; with 100% employer match about $202,634 at 4% or $135,089 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-14$6,509,050$226,950$16,211iApproximate average salary by contribution assumption: employee only about $405,268 at 4% or $270,179 at 6%; with 50% employer match about $270,179 at 4% or $180,119 at 6%; with 100% employer match about $202,634 at 4% or $135,089 at 6%.
2015114$6,427,876$213,457$15,247iApproximate average salary by contribution assumption: employee only about $381,173 at 4% or $254,115 at 6%; with 50% employer match about $254,115 at 4% or $169,410 at 6%; with 100% employer match about $190,587 at 4% or $127,058 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-14$6,427,876$213,457$15,247iApproximate average salary by contribution assumption: employee only about $381,173 at 4% or $254,115 at 6%; with 50% employer match about $254,115 at 4% or $169,410 at 6%; with 100% employer match about $190,587 at 4% or $127,058 at 6%.
2014113$6,480,913$212,073$16,313iApproximate average salary by contribution assumption: employee only about $407,833 at 4% or $271,888 at 6%; with 50% employer match about $271,888 at 4% or $181,259 at 6%; with 100% employer match about $203,916 at 4% or $135,944 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-13$6,480,913$212,073$16,313iApproximate average salary by contribution assumption: employee only about $407,833 at 4% or $271,888 at 6%; with 50% employer match about $271,888 at 4% or $181,259 at 6%; with 100% employer match about $203,916 at 4% or $135,944 at 6%.
2013113$6,139,631$227,231$17,479iApproximate average salary by contribution assumption: employee only about $436,983 at 4% or $291,322 at 6%; with 50% employer match about $291,322 at 4% or $194,215 at 6%; with 100% employer match about $218,491 at 4% or $145,661 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-13$6,139,631$227,231$17,479iApproximate average salary by contribution assumption: employee only about $436,983 at 4% or $291,322 at 6%; with 50% employer match about $291,322 at 4% or $194,215 at 6%; with 100% employer match about $218,491 at 4% or $145,661 at 6%.
2012110$5,009,589$152,158$15,216iApproximate average salary by contribution assumption: employee only about $380,395 at 4% or $253,597 at 6%; with 50% employer match about $253,597 at 4% or $169,064 at 6%; with 100% employer match about $190,198 at 4% or $126,798 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-10$5,009,589$152,158$15,216iApproximate average salary by contribution assumption: employee only about $380,395 at 4% or $253,597 at 6%; with 50% employer match about $253,597 at 4% or $169,064 at 6%; with 100% employer match about $190,198 at 4% or $126,798 at 6%.
2011111$4,478,056$163,495$14,863iApproximate average salary by contribution assumption: employee only about $371,580 at 4% or $247,720 at 6%; with 50% employer match about $247,720 at 4% or $165,146 at 6%; with 100% employer match about $185,790 at 4% or $123,860 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-11$4,478,056$163,495$14,863iApproximate average salary by contribution assumption: employee only about $371,580 at 4% or $247,720 at 6%; with 50% employer match about $247,720 at 4% or $165,146 at 6%; with 100% employer match about $185,790 at 4% or $123,860 at 6%.
2010113$4,549,291$142,746$10,980iApproximate average salary by contribution assumption: employee only about $274,512 at 4% or $183,008 at 6%; with 50% employer match about $183,008 at 4% or $122,005 at 6%; with 100% employer match about $137,256 at 4% or $91,504 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-13$4,549,291$142,746$10,980iApproximate average salary by contribution assumption: employee only about $274,512 at 4% or $183,008 at 6%; with 50% employer match about $183,008 at 4% or $122,005 at 6%; with 100% employer match about $137,256 at 4% or $91,504 at 6%.
2009114$4,112,106$143,464$10,247iApproximate average salary by contribution assumption: employee only about $256,186 at 4% or $170,790 at 6%; with 50% employer match about $170,790 at 4% or $113,860 at 6%; with 100% employer match about $128,093 at 4% or $85,395 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-14$4,112,106$143,464$10,247iApproximate average salary by contribution assumption: employee only about $256,186 at 4% or $170,790 at 6%; with 50% employer match about $170,790 at 4% or $113,860 at 6%; with 100% employer match about $128,093 at 4% or $85,395 at 6%.
200818$3,257,371$120,526$15,066iApproximate average salary by contribution assumption: employee only about $376,644 at 4% or $251,096 at 6%; with 50% employer match about $251,096 at 4% or $167,397 at 6%; with 100% employer match about $188,322 at 4% or $125,548 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-8$3,257,371$120,526$15,066iApproximate average salary by contribution assumption: employee only about $376,644 at 4% or $251,096 at 6%; with 50% employer match about $251,096 at 4% or $167,397 at 6%; with 100% employer match about $188,322 at 4% or $125,548 at 6%.
200717$4,473,356$118,731$16,962iApproximate average salary by contribution assumption: employee only about $424,039 at 4% or $282,693 at 6%; with 50% employer match about $282,693 at 4% or $188,462 at 6%; with 100% employer match about $212,020 at 4% or $141,346 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-7$4,473,356$118,731$16,962iApproximate average salary by contribution assumption: employee only about $424,039 at 4% or $282,693 at 6%; with 50% employer match about $282,693 at 4% or $188,462 at 6%; with 100% employer match about $212,020 at 4% or $141,346 at 6%.
200617$4,279,554$114,107$16,301iApproximate average salary by contribution assumption: employee only about $407,525 at 4% or $271,683 at 6%; with 50% employer match about $271,683 at 4% or $181,122 at 6%; with 100% employer match about $203,763 at 4% or $135,842 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-7$4,279,554$114,107$16,301iApproximate average salary by contribution assumption: employee only about $407,525 at 4% or $271,683 at 6%; with 50% employer match about $271,683 at 4% or $181,122 at 6%; with 100% employer match about $203,763 at 4% or $135,842 at 6%.
200527$4,016,815$124,736$17,819iApproximate average salary by contribution assumption: employee only about $445,486 at 4% or $296,990 at 6%; with 50% employer match about $296,990 at 4% or $197,994 at 6%; with 100% employer match about $222,743 at 4% or $148,495 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-7$4,016,815--
M.G. ELECTRIC SERVICE CO., INC. DEFINED BENEFIT PLAN AND TRUST-0-$124,736-
200429$3,939,299$135,000$15,000iApproximate average salary by contribution assumption: employee only about $375,000 at 4% or $250,000 at 6%; with 50% employer match about $250,000 at 4% or $166,667 at 6%; with 100% employer match about $187,500 at 4% or $125,000 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-9$3,481,448$46,900$5,211iApproximate average salary by contribution assumption: employee only about $130,278 at 4% or $86,852 at 6%; with 50% employer match about $86,852 at 4% or $57,901 at 6%; with 100% employer match about $65,139 at 4% or $43,426 at 6%.
M.G. ELECTRIC SERVICE CO., INC. DEFINED BENEFIT PLAN AND TRUST-9$457,851$88,100$9,789iApproximate average salary by contribution assumption: employee only about $244,722 at 4% or $163,148 at 6%; with 50% employer match about $163,148 at 4% or $108,765 at 6%; with 100% employer match about $122,361 at 4% or $81,574 at 6%.
200329$3,998,159$161,310$17,923iApproximate average salary by contribution assumption: employee only about $448,083 at 4% or $298,722 at 6%; with 50% employer match about $298,722 at 4% or $199,148 at 6%; with 100% employer match about $224,042 at 4% or $149,361 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-9$3,563,855$30,108$3,345iApproximate average salary by contribution assumption: employee only about $83,633 at 4% or $55,756 at 6%; with 50% employer match about $55,756 at 4% or $37,170 at 6%; with 100% employer match about $41,817 at 4% or $27,878 at 6%.
M.G. ELECTRIC SERVICE CO., INC. DEFINED BENEFIT PLAN AND TRUST-9$434,304$131,202$14,578iApproximate average salary by contribution assumption: employee only about $364,450 at 4% or $242,967 at 6%; with 50% employer match about $242,967 at 4% or $161,978 at 6%; with 100% employer match about $182,225 at 4% or $121,483 at 6%.
2002213$4,154,558$179,587$13,814iApproximate average salary by contribution assumption: employee only about $345,360 at 4% or $230,240 at 6%; with 50% employer match about $230,240 at 4% or $153,493 at 6%; with 100% employer match about $172,680 at 4% or $115,120 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-13$3,905,779$78,068$6,005iApproximate average salary by contribution assumption: employee only about $150,131 at 4% or $100,087 at 6%; with 50% employer match about $100,087 at 4% or $66,725 at 6%; with 100% employer match about $75,065 at 4% or $50,044 at 6%.
M.G. ELECTRIC SERVICE CO., INC. DEFINED BENEFIT PLAN AND TRUST-13$248,779$101,519$7,809iApproximate average salary by contribution assumption: employee only about $195,229 at 4% or $130,153 at 6%; with 50% employer match about $130,153 at 4% or $86,768 at 6%; with 100% employer match about $97,614 at 4% or $65,076 at 6%.
2001311$148,369$73,177$6,652iApproximate average salary by contribution assumption: employee only about $166,311 at 4% or $110,874 at 6%; with 50% employer match about $110,874 at 4% or $73,916 at 6%; with 100% employer match about $83,156 at 4% or $55,437 at 6%.
M.G. ELECTRIC SERVICE CO., INC. DEFINED BENEFIT PLAN AND TRUST-11$148,369$73,177$6,652iApproximate average salary by contribution assumption: employee only about $166,311 at 4% or $110,874 at 6%; with 50% employer match about $110,874 at 4% or $73,916 at 6%; with 100% employer match about $83,156 at 4% or $55,437 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-11---
M.G. Electric Service Co. Inc. Money Purchase Plan-0---
2000315$4,020,214$51,755$3,450iApproximate average salary by contribution assumption: employee only about $86,258 at 4% or $57,506 at 6%; with 50% employer match about $57,506 at 4% or $38,337 at 6%; with 100% employer match about $43,129 at 4% or $28,753 at 6%.
M.G. Electric Service Co. Inc. Profit Sharing Plan and Trust-15$3,723,753--
M.G. Electric Service Co. Inc. Money Purchase Plan-15$296,461$51,755$3,450iApproximate average salary by contribution assumption: employee only about $86,258 at 4% or $57,506 at 6%; with 50% employer match about $57,506 at 4% or $38,337 at 6%; with 100% employer match about $43,129 at 4% or $28,753 at 6%.
M.G. ELECTRIC SERVICE CO., INC. DEFINED BENEFIT PLAN AND TRUST-15---
1999114$238,363$47,639$3,403iApproximate average salary by contribution assumption: employee only about $85,070 at 4% or $56,713 at 6%; with 50% employer match about $56,713 at 4% or $37,809 at 6%; with 100% employer match about $42,535 at 4% or $28,357 at 6%.
M.G. Electric Service Co. Inc. Money Purchase Plan-14$238,363$47,639$3,403iApproximate average salary by contribution assumption: employee only about $85,070 at 4% or $56,713 at 6%; with 50% employer match about $56,713 at 4% or $37,809 at 6%; with 100% employer match about $42,535 at 4% or $28,357 at 6%.