Civic Intelligence

Mgs Machine Corporation

Plan context: Mgs Machine Corporation 401K Profit Sharing Plan & Trust

EIN 41-1347810 • Maple Grove, MN • 18 filings • 6 plans

9900 85th Avenue NorthMaple Grove, MN 55369
Current Snapshot

Latest Year

2017

2017 Participants

104

2017 Assets

$11,561,040

2017 Contributions

$160,792

Historical Graphs

Total Assets Over Time

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

$11,561,040$5,780,520$0199920112016YearValue
$11,561,040Latest year 2016

Participants Over Time

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

107540199920082016YearValue
104Latest year 2016

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
201710$0$160,792-
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-0-$160,792-
20161104$11,561,040$610,209$5,867iApproximate average salary by contribution assumption: employee only about $146,685 at 4% or $97,790 at 6%; with 50% employer match about $97,790 at 4% or $65,193 at 6%; with 100% employer match about $73,342 at 4% or $48,895 at 6%.
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-104$11,561,040$610,209$5,867iApproximate average salary by contribution assumption: employee only about $146,685 at 4% or $97,790 at 6%; with 50% employer match about $97,790 at 4% or $65,193 at 6%; with 100% employer match about $73,342 at 4% or $48,895 at 6%.
20151107$10,212,748$516,407$4,826iApproximate average salary by contribution assumption: employee only about $120,656 at 4% or $80,437 at 6%; with 50% employer match about $80,437 at 4% or $53,625 at 6%; with 100% employer match about $60,328 at 4% or $40,219 at 6%.
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-107$10,212,748$516,407$4,826iApproximate average salary by contribution assumption: employee only about $120,656 at 4% or $80,437 at 6%; with 50% employer match about $80,437 at 4% or $53,625 at 6%; with 100% employer match about $60,328 at 4% or $40,219 at 6%.
2014195$10,351,688$585,751$6,166iApproximate average salary by contribution assumption: employee only about $154,145 at 4% or $102,763 at 6%; with 50% employer match about $102,763 at 4% or $68,509 at 6%; with 100% employer match about $77,073 at 4% or $51,382 at 6%.
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-95$10,351,688$585,751$6,166iApproximate average salary by contribution assumption: employee only about $154,145 at 4% or $102,763 at 6%; with 50% employer match about $102,763 at 4% or $68,509 at 6%; with 100% employer match about $77,073 at 4% or $51,382 at 6%.
2013197$9,841,887$494,867$5,102iApproximate average salary by contribution assumption: employee only about $127,543 at 4% or $85,029 at 6%; with 50% employer match about $85,029 at 4% or $56,686 at 6%; with 100% employer match about $63,772 at 4% or $42,514 at 6%.
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-97$9,841,887$494,867$5,102iApproximate average salary by contribution assumption: employee only about $127,543 at 4% or $85,029 at 6%; with 50% employer match about $85,029 at 4% or $56,686 at 6%; with 100% employer match about $63,772 at 4% or $42,514 at 6%.
2012191$7,815,702$467,470$5,137iApproximate average salary by contribution assumption: employee only about $128,426 at 4% or $85,617 at 6%; with 50% employer match about $85,617 at 4% or $57,078 at 6%; with 100% employer match about $64,213 at 4% or $42,809 at 6%.
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-91$7,815,702$467,470$5,137iApproximate average salary by contribution assumption: employee only about $128,426 at 4% or $85,617 at 6%; with 50% employer match about $85,617 at 4% or $57,078 at 6%; with 100% employer match about $64,213 at 4% or $42,809 at 6%.
2011190$6,754,589$743,439$8,260iApproximate average salary by contribution assumption: employee only about $206,511 at 4% or $137,674 at 6%; with 50% employer match about $137,674 at 4% or $91,783 at 6%; with 100% employer match about $103,255 at 4% or $68,837 at 6%.
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-90$6,754,589$743,439$8,260iApproximate average salary by contribution assumption: employee only about $206,511 at 4% or $137,674 at 6%; with 50% employer match about $137,674 at 4% or $91,783 at 6%; with 100% employer match about $103,255 at 4% or $68,837 at 6%.
2010186$6,058,061$425,039$4,942iApproximate average salary by contribution assumption: employee only about $123,558 at 4% or $82,372 at 6%; with 50% employer match about $82,372 at 4% or $54,915 at 6%; with 100% employer match about $61,779 at 4% or $41,186 at 6%.
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-86$6,058,061$425,039$4,942iApproximate average salary by contribution assumption: employee only about $123,558 at 4% or $82,372 at 6%; with 50% employer match about $82,372 at 4% or $54,915 at 6%; with 100% employer match about $61,779 at 4% or $41,186 at 6%.
2009184$5,676,828$450,165$5,359iApproximate average salary by contribution assumption: employee only about $133,978 at 4% or $89,318 at 6%; with 50% employer match about $89,318 at 4% or $59,546 at 6%; with 100% employer match about $66,989 at 4% or $44,659 at 6%.
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-84$5,676,828$450,165$5,359iApproximate average salary by contribution assumption: employee only about $133,978 at 4% or $89,318 at 6%; with 50% employer match about $89,318 at 4% or $59,546 at 6%; with 100% employer match about $66,989 at 4% or $44,659 at 6%.
2008176$0$0-
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-76---
2007177$0$0-
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-77---
2006178$5,820,271$380,012$4,872iApproximate average salary by contribution assumption: employee only about $121,799 at 4% or $81,199 at 6%; with 50% employer match about $81,199 at 4% or $54,133 at 6%; with 100% employer match about $60,899 at 4% or $40,600 at 6%.
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-78$5,820,271$380,012$4,872iApproximate average salary by contribution assumption: employee only about $121,799 at 4% or $81,199 at 6%; with 50% employer match about $81,199 at 4% or $54,133 at 6%; with 100% employer match about $60,899 at 4% or $40,600 at 6%.
2005171$4,963,907$347,259$4,891iApproximate average salary by contribution assumption: employee only about $122,274 at 4% or $81,516 at 6%; with 50% employer match about $81,516 at 4% or $54,344 at 6%; with 100% employer match about $61,137 at 4% or $40,758 at 6%.
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-71$4,963,907$347,259$4,891iApproximate average salary by contribution assumption: employee only about $122,274 at 4% or $81,516 at 6%; with 50% employer match about $81,516 at 4% or $54,344 at 6%; with 100% employer match about $61,137 at 4% or $40,758 at 6%.
2004185$4,564,666$458,538$5,395iApproximate average salary by contribution assumption: employee only about $134,864 at 4% or $89,909 at 6%; with 50% employer match about $89,909 at 4% or $59,940 at 6%; with 100% employer match about $67,432 at 4% or $44,955 at 6%.
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-85$4,564,666$458,538$5,395iApproximate average salary by contribution assumption: employee only about $134,864 at 4% or $89,909 at 6%; with 50% employer match about $89,909 at 4% or $59,940 at 6%; with 100% employer match about $67,432 at 4% or $44,955 at 6%.
2003198$0$0-
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-98---
2001197$0$0-
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-97---
2000189$0$0-
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-89---
1999192$4,193,719$421,860$4,585iApproximate average salary by contribution assumption: employee only about $114,636 at 4% or $76,424 at 6%; with 50% employer match about $76,424 at 4% or $50,949 at 6%; with 100% employer match about $57,318 at 4% or $38,212 at 6%.
Mgs Machine Corporation 401K Profit Sharing Plan & Trust-92$4,193,719$421,860$4,585iApproximate average salary by contribution assumption: employee only about $114,636 at 4% or $76,424 at 6%; with 50% employer match about $76,424 at 4% or $50,949 at 6%; with 100% employer match about $57,318 at 4% or $38,212 at 6%.