Mgb Bancshares Inc.
Plan context: Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan
EIN 37-1244327 • Mattoon, IL • 21 filings • 2 plans
Current Snapshot
Latest Year
2021
2021 Participants
22
2021 Assets
$2,523,136
2021 Contributions
$53,224
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 |
|---|---|---|---|---|---|
| 2021 | 1 | 0 | $0 | $53,224 | - |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 0 | - | $53,224 | - |
| 2020 | 1 | 22 | $2,523,136 | $79,028 | $3,592iApproximate average salary by contribution assumption: employee only about $89,805 at 4% or $59,870 at 6%; with 50% employer match about $59,870 at 4% or $39,913 at 6%; with 100% employer match about $44,902 at 4% or $29,935 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 22 | $2,523,136 | $79,028 | $3,592iApproximate average salary by contribution assumption: employee only about $89,805 at 4% or $59,870 at 6%; with 50% employer match about $59,870 at 4% or $39,913 at 6%; with 100% employer match about $44,902 at 4% or $29,935 at 6%. |
| 2019 | 1 | 23 | $2,332,170 | $121,686 | $5,291iApproximate average salary by contribution assumption: employee only about $132,267 at 4% or $88,178 at 6%; with 50% employer match about $88,178 at 4% or $58,786 at 6%; with 100% employer match about $66,134 at 4% or $44,089 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 23 | $2,332,170 | $121,686 | $5,291iApproximate average salary by contribution assumption: employee only about $132,267 at 4% or $88,178 at 6%; with 50% employer match about $88,178 at 4% or $58,786 at 6%; with 100% employer match about $66,134 at 4% or $44,089 at 6%. |
| 2018 | 1 | 23 | $2,045,948 | $105,963 | $4,607iApproximate average salary by contribution assumption: employee only about $115,177 at 4% or $76,785 at 6%; with 50% employer match about $76,785 at 4% or $51,190 at 6%; with 100% employer match about $57,589 at 4% or $38,392 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 23 | $2,045,948 | $105,963 | $4,607iApproximate average salary by contribution assumption: employee only about $115,177 at 4% or $76,785 at 6%; with 50% employer match about $76,785 at 4% or $51,190 at 6%; with 100% employer match about $57,589 at 4% or $38,392 at 6%. |
| 2017 | 1 | 24 | $2,103,958 | $119,952 | $4,998iApproximate average salary by contribution assumption: employee only about $124,950 at 4% or $83,300 at 6%; with 50% employer match about $83,300 at 4% or $55,533 at 6%; with 100% employer match about $62,475 at 4% or $41,650 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 24 | $2,103,958 | $119,952 | $4,998iApproximate average salary by contribution assumption: employee only about $124,950 at 4% or $83,300 at 6%; with 50% employer match about $83,300 at 4% or $55,533 at 6%; with 100% employer match about $62,475 at 4% or $41,650 at 6%. |
| 2016 | 1 | 26 | $1,889,299 | $93,381 | $3,592iApproximate average salary by contribution assumption: employee only about $89,789 at 4% or $59,860 at 6%; with 50% employer match about $59,860 at 4% or $39,906 at 6%; with 100% employer match about $44,895 at 4% or $29,930 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 26 | $1,889,299 | $93,381 | $3,592iApproximate average salary by contribution assumption: employee only about $89,789 at 4% or $59,860 at 6%; with 50% employer match about $59,860 at 4% or $39,906 at 6%; with 100% employer match about $44,895 at 4% or $29,930 at 6%. |
| 2015 | 1 | 22 | $1,805,322 | $92,098 | $4,186iApproximate average salary by contribution assumption: employee only about $104,657 at 4% or $69,771 at 6%; with 50% employer match about $69,771 at 4% or $46,514 at 6%; with 100% employer match about $52,328 at 4% or $34,886 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 22 | $1,805,322 | $92,098 | $4,186iApproximate average salary by contribution assumption: employee only about $104,657 at 4% or $69,771 at 6%; with 50% employer match about $69,771 at 4% or $46,514 at 6%; with 100% employer match about $52,328 at 4% or $34,886 at 6%. |
| 2014 | 1 | 19 | $1,763,434 | $84,836 | $4,465iApproximate average salary by contribution assumption: employee only about $111,626 at 4% or $74,418 at 6%; with 50% employer match about $74,418 at 4% or $49,612 at 6%; with 100% employer match about $55,813 at 4% or $37,209 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 19 | $1,763,434 | $84,836 | $4,465iApproximate average salary by contribution assumption: employee only about $111,626 at 4% or $74,418 at 6%; with 50% employer match about $74,418 at 4% or $49,612 at 6%; with 100% employer match about $55,813 at 4% or $37,209 at 6%. |
| 2013 | 1 | 19 | $1,690,035 | $83,131 | $4,375iApproximate average salary by contribution assumption: employee only about $109,383 at 4% or $72,922 at 6%; with 50% employer match about $72,922 at 4% or $48,615 at 6%; with 100% employer match about $54,691 at 4% or $36,461 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 19 | $1,690,035 | $83,131 | $4,375iApproximate average salary by contribution assumption: employee only about $109,383 at 4% or $72,922 at 6%; with 50% employer match about $72,922 at 4% or $48,615 at 6%; with 100% employer match about $54,691 at 4% or $36,461 at 6%. |
| 2012 | 1 | 20 | $1,652,962 | $80,133 | $4,007iApproximate average salary by contribution assumption: employee only about $100,166 at 4% or $66,778 at 6%; with 50% employer match about $66,778 at 4% or $44,518 at 6%; with 100% employer match about $50,083 at 4% or $33,389 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 20 | $1,652,962 | $80,133 | $4,007iApproximate average salary by contribution assumption: employee only about $100,166 at 4% or $66,778 at 6%; with 50% employer match about $66,778 at 4% or $44,518 at 6%; with 100% employer match about $50,083 at 4% or $33,389 at 6%. |
| 2011 | 1 | 14 | $1,233,635 | $99,731 | $7,124iApproximate average salary by contribution assumption: employee only about $178,091 at 4% or $118,727 at 6%; with 50% employer match about $118,727 at 4% or $79,152 at 6%; with 100% employer match about $89,046 at 4% or $59,364 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 14 | $1,233,635 | $99,731 | $7,124iApproximate average salary by contribution assumption: employee only about $178,091 at 4% or $118,727 at 6%; with 50% employer match about $118,727 at 4% or $79,152 at 6%; with 100% employer match about $89,046 at 4% or $59,364 at 6%. |
| 2010 | 1 | 16 | $1,207,798 | $60,000 | $3,750iApproximate average salary by contribution assumption: employee only about $93,750 at 4% or $62,500 at 6%; with 50% employer match about $62,500 at 4% or $41,667 at 6%; with 100% employer match about $46,875 at 4% or $31,250 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 16 | $1,207,798 | $60,000 | $3,750iApproximate average salary by contribution assumption: employee only about $93,750 at 4% or $62,500 at 6%; with 50% employer match about $62,500 at 4% or $41,667 at 6%; with 100% employer match about $46,875 at 4% or $31,250 at 6%. |
| 2009 | 1 | 15 | $1,626,347 | $63,459 | $4,231iApproximate average salary by contribution assumption: employee only about $105,765 at 4% or $70,510 at 6%; with 50% employer match about $70,510 at 4% or $47,007 at 6%; with 100% employer match about $52,883 at 4% or $35,255 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 15 | $1,626,347 | $63,459 | $4,231iApproximate average salary by contribution assumption: employee only about $105,765 at 4% or $70,510 at 6%; with 50% employer match about $70,510 at 4% or $47,007 at 6%; with 100% employer match about $52,883 at 4% or $35,255 at 6%. |
| 2008 | 1 | 15 | $1,560,083 | $849,583 | $56,639iApproximate average salary by contribution assumption: employee only about $1,415,972 at 4% or $943,981 at 6%; with 50% employer match about $943,981 at 4% or $629,321 at 6%; with 100% employer match about $707,986 at 4% or $471,991 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 15 | $1,560,083 | $849,583 | $56,639iApproximate average salary by contribution assumption: employee only about $1,415,972 at 4% or $943,981 at 6%; with 50% employer match about $943,981 at 4% or $629,321 at 6%; with 100% employer match about $707,986 at 4% or $471,991 at 6%. |
| 2007 | 1 | 35 | $0 | $0 | - |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 35 | - | - | - |
| 2006 | 1 | 40 | $570,803 | $60,000 | $1,500iApproximate average salary by contribution assumption: employee only about $37,500 at 4% or $25,000 at 6%; with 50% employer match about $25,000 at 4% or $16,667 at 6%; with 100% employer match about $18,750 at 4% or $12,500 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 40 | $570,803 | $60,000 | $1,500iApproximate average salary by contribution assumption: employee only about $37,500 at 4% or $25,000 at 6%; with 50% employer match about $25,000 at 4% or $16,667 at 6%; with 100% employer match about $18,750 at 4% or $12,500 at 6%. |
| 2005 | 1 | 41 | $563,141 | $60,000 | $1,463iApproximate average salary by contribution assumption: employee only about $36,585 at 4% or $24,390 at 6%; with 50% employer match about $24,390 at 4% or $16,260 at 6%; with 100% employer match about $18,293 at 4% or $12,195 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 41 | $563,141 | $60,000 | $1,463iApproximate average salary by contribution assumption: employee only about $36,585 at 4% or $24,390 at 6%; with 50% employer match about $24,390 at 4% or $16,260 at 6%; with 100% employer match about $18,293 at 4% or $12,195 at 6%. |
| 2004 | 1 | 37 | $0 | $0 | - |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 37 | - | - | - |
| 2003 | 1 | 37 | $404,500 | $38,000 | $1,027iApproximate average salary by contribution assumption: employee only about $25,676 at 4% or $17,117 at 6%; with 50% employer match about $17,117 at 4% or $11,411 at 6%; with 100% employer match about $12,838 at 4% or $8,559 at 6%. |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 37 | $404,500 | $38,000 | $1,027iApproximate average salary by contribution assumption: employee only about $25,676 at 4% or $17,117 at 6%; with 50% employer match about $17,117 at 4% or $11,411 at 6%; with 100% employer match about $12,838 at 4% or $8,559 at 6%. |
| 2002 | 1 | 39 | $0 | $0 | - |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 39 | - | - | - |
| 2001 | 1 | 31 | $0 | $0 | - |
| Mgb Bancshares Inc. Employee Stock Ownership and 401(K) Plan | - | 31 | - | - | - |