Civic Intelligence

Mgl Apartments LLC

Plan context: Mgl Apartments LLC Cash Balance Plan

EIN 47-1601417 • Houston, TX • 20 filings • 2 plans

6411 Vanderbilt St.Houston, TX 77005
Current Snapshot

Latest Year

2024

2024 Participants

4

2024 Assets

$10,071,385

2024 Contributions

$667,500

Historical Graphs

Total Assets Over Time

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

$10,071,385$5,035,693$0201520202024YearValue
$10,071,385Latest year 2024

Participants Over Time

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

420201520202024YearValue
4Latest 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
202424$10,071,385$667,500$166,875iApproximate average salary by contribution assumption: employee only about $4,171,875 at 4% or $2,781,250 at 6%; with 50% employer match about $2,781,250 at 4% or $1,854,167 at 6%; with 100% employer match about $2,085,938 at 4% or $1,390,625 at 6%.
Mgl Apartments LLC Cash Balance Plan-4$7,086,775$450,000$112,500iApproximate average salary by contribution assumption: employee only about $2,812,500 at 4% or $1,875,000 at 6%; with 50% employer match about $1,875,000 at 4% or $1,250,000 at 6%; with 100% employer match about $1,406,250 at 4% or $937,500 at 6%.
Mgl Apartments LLC 401(K) Profit Sharing Plan-4$2,984,610$217,500$54,375iApproximate average salary by contribution assumption: employee only about $1,359,375 at 4% or $906,250 at 6%; with 50% employer match about $906,250 at 4% or $604,167 at 6%; with 100% employer match about $679,688 at 4% or $453,125 at 6%.
202324$7,935,015$667,500$166,875iApproximate average salary by contribution assumption: employee only about $4,171,875 at 4% or $2,781,250 at 6%; with 50% employer match about $2,781,250 at 4% or $1,854,167 at 6%; with 100% employer match about $2,085,938 at 4% or $1,390,625 at 6%.
Mgl Apartments LLC Cash Balance Plan-4$5,852,787$450,000$112,500iApproximate average salary by contribution assumption: employee only about $2,812,500 at 4% or $1,875,000 at 6%; with 50% employer match about $1,875,000 at 4% or $1,250,000 at 6%; with 100% employer match about $1,406,250 at 4% or $937,500 at 6%.
Mgl Apartments LLC 401(K) Profit Sharing Plan-4$2,082,228$217,500$54,375iApproximate average salary by contribution assumption: employee only about $1,359,375 at 4% or $906,250 at 6%; with 50% employer match about $906,250 at 4% or $604,167 at 6%; with 100% employer match about $679,688 at 4% or $453,125 at 6%.
202224$5,909,212$750,000$187,500iApproximate average salary by contribution assumption: employee only about $4,687,500 at 4% or $3,125,000 at 6%; with 50% employer match about $3,125,000 at 4% or $2,083,333 at 6%; with 100% employer match about $2,343,750 at 4% or $1,562,500 at 6%.
Mgl Apartments LLC Cash Balance Plan-4$4,366,734$600,000$150,000iApproximate average salary by contribution assumption: employee only about $3,750,000 at 4% or $2,500,000 at 6%; with 50% employer match about $2,500,000 at 4% or $1,666,667 at 6%; with 100% employer match about $1,875,000 at 4% or $1,250,000 at 6%.
Mgl Apartments LLC 401(K) Profit Sharing Plan-4$1,542,478$150,000$37,500iApproximate average salary by contribution assumption: employee only about $937,500 at 4% or $625,000 at 6%; with 50% employer match about $625,000 at 4% or $416,667 at 6%; with 100% employer match about $468,750 at 4% or $312,500 at 6%.
202124$7,126,030$1,021,364$255,341iApproximate average salary by contribution assumption: employee only about $6,383,525 at 4% or $4,255,683 at 6%; with 50% employer match about $4,255,683 at 4% or $2,837,122 at 6%; with 100% employer match about $3,191,763 at 4% or $2,127,842 at 6%.
Mgl Apartments LLC Cash Balance Plan-4$5,097,112$776,364$194,091iApproximate average salary by contribution assumption: employee only about $4,852,275 at 4% or $3,234,850 at 6%; with 50% employer match about $3,234,850 at 4% or $2,156,567 at 6%; with 100% employer match about $2,426,138 at 4% or $1,617,425 at 6%.
Mgl Apartments LLC 401(K) Profit Sharing Plan-4$2,028,918$245,000$61,250iApproximate average salary by contribution assumption: employee only about $1,531,250 at 4% or $1,020,833 at 6%; with 50% employer match about $1,020,833 at 4% or $680,556 at 6%; with 100% employer match about $765,625 at 4% or $510,417 at 6%.
202024$5,383,996$838,483$209,621iApproximate average salary by contribution assumption: employee only about $5,240,519 at 4% or $3,493,679 at 6%; with 50% employer match about $3,493,679 at 4% or $2,329,119 at 6%; with 100% employer match about $2,620,259 at 4% or $1,746,840 at 6%.
Mgl Apartments LLC Cash Balance Plan-4$3,831,128$612,483$153,121iApproximate average salary by contribution assumption: employee only about $3,828,019 at 4% or $2,552,013 at 6%; with 50% employer match about $2,552,013 at 4% or $1,701,342 at 6%; with 100% employer match about $1,914,009 at 4% or $1,276,006 at 6%.
Mgl Apartments LLC 401(K) Profit Sharing Plan-4$1,552,868$226,000$56,500iApproximate average salary by contribution assumption: employee only about $1,412,500 at 4% or $941,667 at 6%; with 50% employer match about $941,667 at 4% or $627,778 at 6%; with 100% employer match about $706,250 at 4% or $470,833 at 6%.
201924$4,175,186$931,000$232,750iApproximate average salary by contribution assumption: employee only about $5,818,750 at 4% or $3,879,167 at 6%; with 50% employer match about $3,879,167 at 4% or $2,586,111 at 6%; with 100% employer match about $2,909,375 at 4% or $1,939,583 at 6%.
Mgl Apartments LLC Cash Balance Plan-4$2,981,072$695,000$173,750iApproximate average salary by contribution assumption: employee only about $4,343,750 at 4% or $2,895,833 at 6%; with 50% employer match about $2,895,833 at 4% or $1,930,556 at 6%; with 100% employer match about $2,171,875 at 4% or $1,447,917 at 6%.
Mgl Apartments LLC 401(K) Profit Sharing Plan-4$1,194,114$236,000$59,000iApproximate average salary by contribution assumption: employee only about $1,475,000 at 4% or $983,333 at 6%; with 50% employer match about $983,333 at 4% or $655,556 at 6%; with 100% employer match about $737,500 at 4% or $491,667 at 6%.
201824$2,463,359$853,354$213,339iApproximate average salary by contribution assumption: employee only about $5,333,463 at 4% or $3,555,642 at 6%; with 50% employer match about $3,555,642 at 4% or $2,370,428 at 6%; with 100% employer match about $2,666,731 at 4% or $1,777,821 at 6%.
Mgl Apartments LLC Cash Balance Plan-4$1,740,462$621,354$155,339iApproximate average salary by contribution assumption: employee only about $3,883,463 at 4% or $2,588,975 at 6%; with 50% employer match about $2,588,975 at 4% or $1,725,983 at 6%; with 100% employer match about $1,941,731 at 4% or $1,294,488 at 6%.
Mgl Apartments LLC 401(K) Profit Sharing Plan-4$722,897$232,000$58,000iApproximate average salary by contribution assumption: employee only about $1,450,000 at 4% or $966,667 at 6%; with 50% employer match about $966,667 at 4% or $644,444 at 6%; with 100% employer match about $725,000 at 4% or $483,333 at 6%.
201724$1,901,134$845,250$211,313iApproximate average salary by contribution assumption: employee only about $5,282,813 at 4% or $3,521,875 at 6%; with 50% employer match about $3,521,875 at 4% or $2,347,917 at 6%; with 100% employer match about $2,641,406 at 4% or $1,760,938 at 6%.
Mgl Apartments LLC Cash Balance Plan-4$1,359,262$645,000$161,250iApproximate average salary by contribution assumption: employee only about $4,031,250 at 4% or $2,687,500 at 6%; with 50% employer match about $2,687,500 at 4% or $1,791,667 at 6%; with 100% employer match about $2,015,625 at 4% or $1,343,750 at 6%.
Mgl Apartments LLC 401(K) Profit Sharing Plan-4$541,872$200,250$50,063iApproximate average salary by contribution assumption: employee only about $1,251,563 at 4% or $834,375 at 6%; with 50% employer match about $834,375 at 4% or $556,250 at 6%; with 100% employer match about $625,781 at 4% or $417,188 at 6%.
201623$896,476$448,186$149,395iApproximate average salary by contribution assumption: employee only about $3,734,883 at 4% or $2,489,922 at 6%; with 50% employer match about $2,489,922 at 4% or $1,659,948 at 6%; with 100% employer match about $1,867,442 at 4% or $1,244,961 at 6%.
Mgl Apartments LLC Cash Balance Plan-3$613,377$291,686$97,229iApproximate average salary by contribution assumption: employee only about $2,430,717 at 4% or $1,620,478 at 6%; with 50% employer match about $1,620,478 at 4% or $1,080,319 at 6%; with 100% employer match about $1,215,358 at 4% or $810,239 at 6%.
Mgl Apartments LLC 401(K) Profit Sharing Plan-3$283,099$156,500$52,167iApproximate average salary by contribution assumption: employee only about $1,304,167 at 4% or $869,444 at 6%; with 50% employer match about $869,444 at 4% or $579,630 at 6%; with 100% employer match about $652,083 at 4% or $434,722 at 6%.
201523$436,545$438,926$146,309iApproximate average salary by contribution assumption: employee only about $3,657,717 at 4% or $2,438,478 at 6%; with 50% employer match about $2,438,478 at 4% or $1,625,652 at 6%; with 100% employer match about $1,828,858 at 4% or $1,219,239 at 6%.
Mgl Apartments LLC Cash Balance Plan-3$313,676$313,676$104,559iApproximate average salary by contribution assumption: employee only about $2,613,967 at 4% or $1,742,644 at 6%; with 50% employer match about $1,742,644 at 4% or $1,161,763 at 6%; with 100% employer match about $1,306,983 at 4% or $871,322 at 6%.
Mgl Apartments LLC 401(K) Profit Sharing Plan-3$122,869$125,250$41,750iApproximate average salary by contribution assumption: employee only about $1,043,750 at 4% or $695,833 at 6%; with 50% employer match about $695,833 at 4% or $463,889 at 6%; with 100% employer match about $521,875 at 4% or $347,917 at 6%.
Mgl Apartments LLC | EIN 47-1601417 | 2024 Form 5500 Company Profile