Civic Intelligence

Main Street Financial Group Inc.

Plan context: Main Street Financial Group Inc. 401(K) Plan

EIN 56-2185489 • Forest City, NC • 29 filings • 6 plans

123 East Main StreetForest City, NC 28043
Current Snapshot

Latest Year

2024

2024 Participants

54

2024 Assets

$188

2024 Contributions

$290,920

Historical Graphs

Total Assets Over Time

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

$5,287,947$2,643,974$0200020132023YearValue
$188Latest year 2023

Participants Over Time

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

54270200020132024YearValue
54Latest 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
2024154$0$0-
Main Street Financial Group Inc. Welfare Benefits Plan-54---
2023248$188$290,920$6,061iApproximate average salary by contribution assumption: employee only about $151,521 at 4% or $101,014 at 6%; with 50% employer match about $101,014 at 4% or $67,343 at 6%; with 100% employer match about $75,760 at 4% or $50,507 at 6%.
Main Street Financial Group Inc. 401(K) Plan--$188$290,920-
Main Street Financial Group Inc. Welfare Benefits Plan-48---
2022245$4,551,221$376,256$8,361iApproximate average salary by contribution assumption: employee only about $209,031 at 4% or $139,354 at 6%; with 50% employer match about $139,354 at 4% or $92,903 at 6%; with 100% employer match about $104,516 at 4% or $69,677 at 6%.
Main Street Financial Group Inc. 401(K) Plan-38$4,551,221$376,256$9,901iApproximate average salary by contribution assumption: employee only about $247,537 at 4% or $165,025 at 6%; with 50% employer match about $165,025 at 4% or $110,016 at 6%; with 100% employer match about $123,768 at 4% or $82,512 at 6%.
Main Street Financial Group Inc. Welfare Benefits Plan-45---
2021252$5,287,947$444,145$8,541iApproximate average salary by contribution assumption: employee only about $213,531 at 4% or $142,354 at 6%; with 50% employer match about $142,354 at 4% or $94,903 at 6%; with 100% employer match about $106,766 at 4% or $71,177 at 6%.
Main Street Financial Group Inc. 401(K) Plan-35$5,287,947$444,145$12,690iApproximate average salary by contribution assumption: employee only about $317,246 at 4% or $211,498 at 6%; with 50% employer match about $211,498 at 4% or $140,998 at 6%; with 100% employer match about $158,623 at 4% or $105,749 at 6%.
Main Street Financial Group Inc. Welfare Benefits Plan-52---
2020146$4,829,023$437,023$9,501iApproximate average salary by contribution assumption: employee only about $237,513 at 4% or $158,342 at 6%; with 50% employer match about $158,342 at 4% or $105,561 at 6%; with 100% employer match about $118,756 at 4% or $79,171 at 6%.
Main Street Financial Group Inc. 401(K) Plan-46$4,829,023$437,023$9,501iApproximate average salary by contribution assumption: employee only about $237,513 at 4% or $158,342 at 6%; with 50% employer match about $158,342 at 4% or $105,561 at 6%; with 100% employer match about $118,756 at 4% or $79,171 at 6%.
2019139$4,084,787$750,088$19,233iApproximate average salary by contribution assumption: employee only about $480,826 at 4% or $320,550 at 6%; with 50% employer match about $320,550 at 4% or $213,700 at 6%; with 100% employer match about $240,413 at 4% or $160,275 at 6%.
Main Street Financial Group Inc. 401(K) Plan-39$4,084,787$750,088$19,233iApproximate average salary by contribution assumption: employee only about $480,826 at 4% or $320,550 at 6%; with 50% employer match about $320,550 at 4% or $213,700 at 6%; with 100% employer match about $240,413 at 4% or $160,275 at 6%.
2018126$2,759,478$264,051$10,156iApproximate average salary by contribution assumption: employee only about $253,895 at 4% or $169,263 at 6%; with 50% employer match about $169,263 at 4% or $112,842 at 6%; with 100% employer match about $126,948 at 4% or $84,632 at 6%.
Main Street Financial Group Inc. 401(K) Plan-26$2,759,478$264,051$10,156iApproximate average salary by contribution assumption: employee only about $253,895 at 4% or $169,263 at 6%; with 50% employer match about $169,263 at 4% or $112,842 at 6%; with 100% employer match about $126,948 at 4% or $84,632 at 6%.
2017131$2,763,080$221,105$7,132iApproximate average salary by contribution assumption: employee only about $178,310 at 4% or $118,874 at 6%; with 50% employer match about $118,874 at 4% or $79,249 at 6%; with 100% employer match about $89,155 at 4% or $59,437 at 6%.
Main Street Financial Group Inc. 401(K) Plan-31$2,763,080$221,105$7,132iApproximate average salary by contribution assumption: employee only about $178,310 at 4% or $118,874 at 6%; with 50% employer match about $118,874 at 4% or $79,249 at 6%; with 100% employer match about $89,155 at 4% or $59,437 at 6%.
2016126$2,278,083$229,521$8,828iApproximate average salary by contribution assumption: employee only about $220,693 at 4% or $147,129 at 6%; with 50% employer match about $147,129 at 4% or $98,086 at 6%; with 100% employer match about $110,347 at 4% or $73,564 at 6%.
Main Street Financial Group Inc. 401(K) Plan-26$2,278,083$229,521$8,828iApproximate average salary by contribution assumption: employee only about $220,693 at 4% or $147,129 at 6%; with 50% employer match about $147,129 at 4% or $98,086 at 6%; with 100% employer match about $110,347 at 4% or $73,564 at 6%.
2015118$1,910,613$1,829,167$101,620iApproximate average salary by contribution assumption: employee only about $2,540,510 at 4% or $1,693,673 at 6%; with 50% employer match about $1,693,673 at 4% or $1,129,115 at 6%; with 100% employer match about $1,270,255 at 4% or $846,837 at 6%.
Main Street Financial Group Inc. 401(K) Plan-18$1,910,613$1,829,167$101,620iApproximate average salary by contribution assumption: employee only about $2,540,510 at 4% or $1,693,673 at 6%; with 50% employer match about $1,693,673 at 4% or $1,129,115 at 6%; with 100% employer match about $1,270,255 at 4% or $846,837 at 6%.
2014114$1,665,156$132,876$9,491iApproximate average salary by contribution assumption: employee only about $237,279 at 4% or $158,186 at 6%; with 50% employer match about $158,186 at 4% or $105,457 at 6%; with 100% employer match about $118,639 at 4% or $79,093 at 6%.
Main Street Financial Group Inc. 401(K) Plan-14$1,665,156$132,876$9,491iApproximate average salary by contribution assumption: employee only about $237,279 at 4% or $158,186 at 6%; with 50% employer match about $158,186 at 4% or $105,457 at 6%; with 100% employer match about $118,639 at 4% or $79,093 at 6%.
2013120$1,537,739$131,115$6,556iApproximate average salary by contribution assumption: employee only about $163,894 at 4% or $109,263 at 6%; with 50% employer match about $109,263 at 4% or $72,842 at 6%; with 100% employer match about $81,947 at 4% or $54,631 at 6%.
Main Street Financial Group Inc. 401(K) Plan-20$1,537,739$131,115$6,556iApproximate average salary by contribution assumption: employee only about $163,894 at 4% or $109,263 at 6%; with 50% employer match about $109,263 at 4% or $72,842 at 6%; with 100% employer match about $81,947 at 4% or $54,631 at 6%.
2012120$1,840,337$88,504$4,425iApproximate average salary by contribution assumption: employee only about $110,630 at 4% or $73,753 at 6%; with 50% employer match about $73,753 at 4% or $49,169 at 6%; with 100% employer match about $55,315 at 4% or $36,877 at 6%.
Main Street Financial Group Inc. 401(K) Plan-20$1,840,337$88,504$4,425iApproximate average salary by contribution assumption: employee only about $110,630 at 4% or $73,753 at 6%; with 50% employer match about $73,753 at 4% or $49,169 at 6%; with 100% employer match about $55,315 at 4% or $36,877 at 6%.
2010118$1,500,730$151,697$8,428iApproximate average salary by contribution assumption: employee only about $210,690 at 4% or $140,460 at 6%; with 50% employer match about $140,460 at 4% or $93,640 at 6%; with 100% employer match about $105,345 at 4% or $70,230 at 6%.
Main Street Financial Group Inc. 401(K) Plan-18$1,500,730$151,697$8,428iApproximate average salary by contribution assumption: employee only about $210,690 at 4% or $140,460 at 6%; with 50% employer match about $140,460 at 4% or $93,640 at 6%; with 100% employer match about $105,345 at 4% or $70,230 at 6%.
2009121$1,411,904$181,993$8,666iApproximate average salary by contribution assumption: employee only about $216,658 at 4% or $144,439 at 6%; with 50% employer match about $144,439 at 4% or $96,293 at 6%; with 100% employer match about $108,329 at 4% or $72,219 at 6%.
Main Street Financial Group Inc. 401(K) Plan-21$1,411,904$181,993$8,666iApproximate average salary by contribution assumption: employee only about $216,658 at 4% or $144,439 at 6%; with 50% employer match about $144,439 at 4% or $96,293 at 6%; with 100% employer match about $108,329 at 4% or $72,219 at 6%.
2008115$961,895$173,807$11,587iApproximate average salary by contribution assumption: employee only about $289,678 at 4% or $193,119 at 6%; with 50% employer match about $193,119 at 4% or $128,746 at 6%; with 100% employer match about $144,839 at 4% or $96,559 at 6%.
Main Street Financial Group Inc. 401(K) Plan-15$961,895$173,807$11,587iApproximate average salary by contribution assumption: employee only about $289,678 at 4% or $193,119 at 6%; with 50% employer match about $193,119 at 4% or $128,746 at 6%; with 100% employer match about $144,839 at 4% or $96,559 at 6%.
2007117$1,253,100$168,770$9,928iApproximate average salary by contribution assumption: employee only about $248,191 at 4% or $165,461 at 6%; with 50% employer match about $165,461 at 4% or $110,307 at 6%; with 100% employer match about $124,096 at 4% or $82,730 at 6%.
Main Street Financial Group Inc. 401(K) Plan-17$1,253,100$168,770$9,928iApproximate average salary by contribution assumption: employee only about $248,191 at 4% or $165,461 at 6%; with 50% employer match about $165,461 at 4% or $110,307 at 6%; with 100% employer match about $124,096 at 4% or $82,730 at 6%.
2006113$1,009,978$209,627$16,125iApproximate average salary by contribution assumption: employee only about $403,129 at 4% or $268,753 at 6%; with 50% employer match about $268,753 at 4% or $179,168 at 6%; with 100% employer match about $201,564 at 4% or $134,376 at 6%.
MAIN STREET FINANCIAL GROUP, INC. 401K PLAN-13$1,009,978$209,627$16,125iApproximate average salary by contribution assumption: employee only about $403,129 at 4% or $268,753 at 6%; with 50% employer match about $268,753 at 4% or $179,168 at 6%; with 100% employer match about $201,564 at 4% or $134,376 at 6%.
2005116$728,528$178,371$11,148iApproximate average salary by contribution assumption: employee only about $278,705 at 4% or $185,803 at 6%; with 50% employer match about $185,803 at 4% or $123,869 at 6%; with 100% employer match about $139,352 at 4% or $92,902 at 6%.
Main Street Financial Group Inc. 401(K) Plan-16$728,528$178,371$11,148iApproximate average salary by contribution assumption: employee only about $278,705 at 4% or $185,803 at 6%; with 50% employer match about $185,803 at 4% or $123,869 at 6%; with 100% employer match about $139,352 at 4% or $92,902 at 6%.
2004115$521,624$164,042$10,936iApproximate average salary by contribution assumption: employee only about $273,403 at 4% or $182,269 at 6%; with 50% employer match about $182,269 at 4% or $121,513 at 6%; with 100% employer match about $136,702 at 4% or $91,134 at 6%.
Main Street Financial Group Inc. 401(K) Plan-15$521,624$164,042$10,936iApproximate average salary by contribution assumption: employee only about $273,403 at 4% or $182,269 at 6%; with 50% employer match about $182,269 at 4% or $121,513 at 6%; with 100% employer match about $136,702 at 4% or $91,134 at 6%.
2003115$321,350$135,734$9,049iApproximate average salary by contribution assumption: employee only about $226,223 at 4% or $150,816 at 6%; with 50% employer match about $150,816 at 4% or $100,544 at 6%; with 100% employer match about $113,112 at 4% or $75,408 at 6%.
Main Street Financial Group Inc. 401(K) Plan-15$321,350$135,734$9,049iApproximate average salary by contribution assumption: employee only about $226,223 at 4% or $150,816 at 6%; with 50% employer match about $150,816 at 4% or $100,544 at 6%; with 100% employer match about $113,112 at 4% or $75,408 at 6%.
2002115$144,183$81,695$5,446iApproximate average salary by contribution assumption: employee only about $136,158 at 4% or $90,772 at 6%; with 50% employer match about $90,772 at 4% or $60,515 at 6%; with 100% employer match about $68,079 at 4% or $45,386 at 6%.
Main Street Financial Group Inc. 401(K) Plan-15$144,183$81,695$5,446iApproximate average salary by contribution assumption: employee only about $136,158 at 4% or $90,772 at 6%; with 50% employer match about $90,772 at 4% or $60,515 at 6%; with 100% employer match about $68,079 at 4% or $45,386 at 6%.
2001215$0$0-
MAIN STREET FINANCIAL GROUP, INC. MONEY PURCHASE PENSION PLAN-0---
Main Street Financial Group Inc. 401(K) Plan-15---
2000217$24,943$25,981$1,528iApproximate average salary by contribution assumption: employee only about $38,207 at 4% or $25,472 at 6%; with 50% employer match about $25,472 at 4% or $16,981 at 6%; with 100% employer match about $19,104 at 4% or $12,736 at 6%.
Main Street Financial Group Inc. 401(K) Plan-17$14,631$15,669$922iApproximate average salary by contribution assumption: employee only about $23,043 at 4% or $15,362 at 6%; with 50% employer match about $15,362 at 4% or $10,241 at 6%; with 100% employer match about $11,521 at 4% or $7,681 at 6%.
MAIN STREET FINANCIAL GROUP, INC. MONEY PURCHASE PENSION PLAN-17$10,312$10,312$607iApproximate average salary by contribution assumption: employee only about $15,165 at 4% or $10,110 at 6%; with 50% employer match about $10,110 at 4% or $6,740 at 6%; with 100% employer match about $7,582 at 4% or $5,055 at 6%.