Retirement plan

INSTA-LUBE 401(K) PLAN

Name: MRG INVESTMENTS, LLC - INSTA-LUBE 401(K) PLAN (2022) Form 5500
Creator: MRG INVESTMENTS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INSTA-LUBE 401(K) PLAN, MRG INVESTMENTS, LLC

MRG INVESTMENTS, LLCdba INSTA-LUBEEIN 46-2281464Plan #001PY 2022

2410 BRIARWOOD DRIVE - VALDOSTA, GA 31602229-253-0851

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$6K

No prior year

Total participants

No prior year

Average account balance

$6,291

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 103 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Cohort103 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8K

Not enough data

1 years with asset history on file

Average account balance

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

$8K

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

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$6,291

$58,908-89.3%

$82,744-92.4%

Participation rate

0.0%

68.0%-68.0pp

72.6%-72.6pp

Annual return

0.00%

-8.97%+9.0pp

702.22%-702.2pp

Employer contribution / active EE

$1,912-100.0%

$3,008-100.0%

Participant deferral / active EE

$2,996-100.0%

$4,395-100.0%

Admin fee / account holder

$4,022-100.0%

$5,325-100.0%

INSTA-LUBE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

INSTA-LUBE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion