Mgs Contracting Inc.
Plan context: Mgs Contracting Inc. Employee Stock Ownership Plan
EIN 83-1907988 • 7 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
22
2024 Assets
$17,410,012
2024 Contributions
$128,683
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 |
|---|---|---|---|---|---|
| 2024 | 1 | 22 | $17,410,012 | $128,683 | $5,849iApproximate average salary by contribution assumption: employee only about $146,231 at 4% or $97,487 at 6%; with 50% employer match about $97,487 at 4% or $64,991 at 6%; with 100% employer match about $73,115 at 4% or $48,744 at 6%. |
| Mgs Contracting Inc. Employee Stock Ownership Plan | - | 22 | $17,410,012 | $128,683 | $5,849iApproximate average salary by contribution assumption: employee only about $146,231 at 4% or $97,487 at 6%; with 50% employer match about $97,487 at 4% or $64,991 at 6%; with 100% employer match about $73,115 at 4% or $48,744 at 6%. |
| 2023 | 1 | 21 | $14,400,012 | $199,224 | $9,487iApproximate average salary by contribution assumption: employee only about $237,171 at 4% or $158,114 at 6%; with 50% employer match about $158,114 at 4% or $105,410 at 6%; with 100% employer match about $118,586 at 4% or $79,057 at 6%. |
| Mgs Contracting Inc. Employee Stock Ownership Plan | - | 21 | $14,400,012 | $199,224 | $9,487iApproximate average salary by contribution assumption: employee only about $237,171 at 4% or $158,114 at 6%; with 50% employer match about $158,114 at 4% or $105,410 at 6%; with 100% employer match about $118,586 at 4% or $79,057 at 6%. |
| 2022 | 1 | 21 | $8,050,011 | $134,065 | $6,384iApproximate average salary by contribution assumption: employee only about $159,601 at 4% or $106,401 at 6%; with 50% employer match about $106,401 at 4% or $70,934 at 6%; with 100% employer match about $79,801 at 4% or $53,200 at 6%. |
| Mgs Contracting Inc. Employee Stock Ownership Plan | - | 21 | $8,050,011 | $134,065 | $6,384iApproximate average salary by contribution assumption: employee only about $159,601 at 4% or $106,401 at 6%; with 50% employer match about $106,401 at 4% or $70,934 at 6%; with 100% employer match about $79,801 at 4% or $53,200 at 6%. |
| 2021 | 1 | 21 | $4,650,011 | $137,084 | $6,528iApproximate average salary by contribution assumption: employee only about $163,195 at 4% or $108,797 at 6%; with 50% employer match about $108,797 at 4% or $72,531 at 6%; with 100% employer match about $81,598 at 4% or $54,398 at 6%. |
| Mgs Contracting Inc. Employee Stock Ownership Plan | - | 21 | $4,650,011 | $137,084 | $6,528iApproximate average salary by contribution assumption: employee only about $163,195 at 4% or $108,797 at 6%; with 50% employer match about $108,797 at 4% or $72,531 at 6%; with 100% employer match about $81,598 at 4% or $54,398 at 6%. |
| 2020 | 1 | 26 | $4,180,011 | $139,447 | $5,363iApproximate average salary by contribution assumption: employee only about $134,084 at 4% or $89,389 at 6%; with 50% employer match about $89,389 at 4% or $59,593 at 6%; with 100% employer match about $67,042 at 4% or $44,695 at 6%. |
| Mgs Contracting Inc. Employee Stock Ownership Plan | - | 26 | $4,180,011 | $139,447 | $5,363iApproximate average salary by contribution assumption: employee only about $134,084 at 4% or $89,389 at 6%; with 50% employer match about $89,389 at 4% or $59,593 at 6%; with 100% employer match about $67,042 at 4% or $44,695 at 6%. |
| 2019 | 1 | 26 | $9,490,009 | $142,138 | $5,467iApproximate average salary by contribution assumption: employee only about $136,671 at 4% or $91,114 at 6%; with 50% employer match about $91,114 at 4% or $60,743 at 6%; with 100% employer match about $68,336 at 4% or $45,557 at 6%. |
| Mgs Contracting Inc. Employee Stock Ownership Plan | - | 26 | $9,490,009 | $142,138 | $5,467iApproximate average salary by contribution assumption: employee only about $136,671 at 4% or $91,114 at 6%; with 50% employer match about $91,114 at 4% or $60,743 at 6%; with 100% employer match about $68,336 at 4% or $45,557 at 6%. |
| 2018 | 1 | 26 | $1,960,000 | $48,148 | $1,852iApproximate average salary by contribution assumption: employee only about $46,296 at 4% or $30,864 at 6%; with 50% employer match about $30,864 at 4% or $20,576 at 6%; with 100% employer match about $23,148 at 4% or $15,432 at 6%. |
| Mgs Contracting Inc. Employee Stock Ownership Plan | - | 26 | $1,960,000 | $48,148 | $1,852iApproximate average salary by contribution assumption: employee only about $46,296 at 4% or $30,864 at 6%; with 50% employer match about $30,864 at 4% or $20,576 at 6%; with 100% employer match about $23,148 at 4% or $15,432 at 6%. |