GASKIN BROTHERS, INC. DBA MGM INDUSTRIES
Plan context: MGM INDUSTRIES 401(K) PLAN
EIN 83-4572796 • Hendersonville, TN • 13 filings • 3 plans
Current Snapshot
Latest Year
2024
2024 Participants
100
2024 Assets
$3,800,622
2024 Contributions
$423,046
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 | 2 | 100 | $3,800,622 | $423,046 | $4,230iApproximate average salary by contribution assumption: employee only about $105,762 at 4% or $70,508 at 6%; with 50% employer match about $70,508 at 4% or $47,005 at 6%; with 100% employer match about $52,881 at 4% or $35,254 at 6%. |
| MGM INDUSTRIES 401(K) PLAN | - | 77 | $3,800,622 | $423,046 | $5,494iApproximate average salary by contribution assumption: employee only about $137,353 at 4% or $91,568 at 6%; with 50% employer match about $91,568 at 4% or $61,046 at 6%; with 100% employer match about $68,676 at 4% or $45,784 at 6%. |
| Mgm Industries Health and Welfare Plan | - | 100 | - | - | - |
| 2023 | 2 | 109 | $3,204,226 | $340,907 | $3,128iApproximate average salary by contribution assumption: employee only about $78,190 at 4% or $52,126 at 6%; with 50% employer match about $52,126 at 4% or $34,751 at 6%; with 100% employer match about $39,095 at 4% or $26,063 at 6%. |
| MGM INDUSTRIES 401(K) PLAN | - | 82 | $3,204,226 | $340,907 | $4,157iApproximate average salary by contribution assumption: employee only about $103,935 at 4% or $69,290 at 6%; with 50% employer match about $69,290 at 4% or $46,193 at 6%; with 100% employer match about $51,968 at 4% or $34,645 at 6%. |
| Mgm Industries Health and Welfare Plan | - | 109 | - | - | - |
| 2022 | 2 | 192 | $2,636,168 | $401,857 | $2,093iApproximate average salary by contribution assumption: employee only about $52,325 at 4% or $34,883 at 6%; with 50% employer match about $34,883 at 4% or $23,256 at 6%; with 100% employer match about $26,163 at 4% or $17,442 at 6%. |
| MGM INDUSTRIES 401(K) PLAN | - | 192 | $2,636,168 | $401,857 | $2,093iApproximate average salary by contribution assumption: employee only about $52,325 at 4% or $34,883 at 6%; with 50% employer match about $34,883 at 4% or $23,256 at 6%; with 100% employer match about $26,163 at 4% or $17,442 at 6%. |
| Mgm Industries Health and Welfare Plan | - | 126 | - | - | - |
| 2021 | 2 | 172 | $2,825,199 | $315,566 | $1,835iApproximate average salary by contribution assumption: employee only about $45,867 at 4% or $30,578 at 6%; with 50% employer match about $30,578 at 4% or $20,385 at 6%; with 100% employer match about $22,934 at 4% or $15,289 at 6%. |
| MGM INDUSTRIES 401(K) PLAN | - | 172 | $2,825,199 | $315,566 | $1,835iApproximate average salary by contribution assumption: employee only about $45,867 at 4% or $30,578 at 6%; with 50% employer match about $30,578 at 4% or $20,385 at 6%; with 100% employer match about $22,934 at 4% or $15,289 at 6%. |
| Mgm Industries Health and Welfare Plan | - | 156 | - | - | - |
| 2020 | 3 | 202 | $2,510,016 | $258,694 | $1,281iApproximate average salary by contribution assumption: employee only about $32,017 at 4% or $21,344 at 6%; with 50% employer match about $21,344 at 4% or $14,230 at 6%; with 100% employer match about $16,008 at 4% or $10,672 at 6%. |
| MGM INDUSTRIES 401(K) PLAN | - | 202 | $2,510,016 | $258,694 | $1,281iApproximate average salary by contribution assumption: employee only about $32,017 at 4% or $21,344 at 6%; with 50% employer match about $21,344 at 4% or $14,230 at 6%; with 100% employer match about $16,008 at 4% or $10,672 at 6%. |
| Mgm Industries Health and Welfare Plan | - | 200 | - | - | - |
| Mgm Industries Health and Welfare Plan | - | 192 | - | - | - |
| 2019 | 2 | 192 | $2,058,395 | $142,394 | $742iApproximate average salary by contribution assumption: employee only about $18,541 at 4% or $12,361 at 6%; with 50% employer match about $12,361 at 4% or $8,240 at 6%; with 100% employer match about $9,270 at 4% or $6,180 at 6%. |
| MGM INDUSTRIES 401(K) PLAN | - | 178 | $2,058,395 | $142,394 | $800iApproximate average salary by contribution assumption: employee only about $19,999 at 4% or $13,333 at 6%; with 50% employer match about $13,333 at 4% or $8,889 at 6%; with 100% employer match about $10,000 at 4% or $6,666 at 6%. |
| Mgm Industries Health and Welfare Plan | - | 192 | - | - | - |