Retirement plan

MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: MORNINGSTAR MARBLE & GRANITE, INC. - MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2018) Form 5500
Creator: MORNINGSTAR MARBLE & GRANITE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN, MORNINGSTAR MARBLE & GRANITE, INC.

MORNINGSTAR MARBLE & GRANITE, INC.EIN 01-0487418Plan #002PY 2018

47 PARK DR. - TOPSHAM, ME 04086207-725-7309

Other plans on this EIN

1 filing

#001Retirement-$627K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$486K

+100.7% from 2017

Total participants

-5.9% from 2017

Average account balance

$30,406

+113.2% from 2017

Annual return

87.84%

+143.72 pp from 2017

Benchmarks

See 38,943 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,943 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$4.62M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$220K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$54K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+24.30%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$1380

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$16K

$1041 / participant

Other / not subdivided$16K100.0%

% of EOY assets

3.211%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,406

$97,761-68.9%

$83,850-63.7%

$135,382-77.5%

Participation rate

100.0%

80.0%+20.0pp

76.1%+23.9pp

82.6%+17.4pp

Annual return

87.84%

1287.44%-1199.6pp

850.92%-763.1pp

519.77%-431.9pp

Employer contribution / active EE

$2,164

$4,222-48.7%

$3,631-40.4%

$4,779-54.7%

Participant deferral / active EE

$4,682-100.0%

$4,082-100.0%

$5,609-100.0%

Admin fee / account holder

$976

$6,674-85.4%

$5,478-82.2%

$10,829-91.0%

MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion