Retirement plan

MERIWETHER-GODSEY, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: MERIWETHER-GODSEY, INC. - MERIWETHER-GODSEY, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2019) Form 5500
Creator: MERIWETHER-GODSEY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MERIWETHER-GODSEY, INC. EMPLOYEE STOCK OWNERSHIP PLAN, MERIWETHER-GODSEY, INC.

MERIWETHER-GODSEY, INC.EIN 54-1319486Plan #002PY 2019

4944 OLD BOONSBORO ROAD - LYNCHBURG, VA 24503434-384-3663merig.comLinkedIn501-1000 employeeshospitality

Other plans on this EIN

1 filing

#001Retirement-$5.5M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$4.4M

+6.2% from 2018

Total participants

414

+7.5% from 2018

Average account balance

$11,073

-1.8% from 2018

Annual return

-1.05%

+1.39 pp from 2018

Benchmarks

See 794 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort794 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

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

Not enough data

0 years with headcount on file

Eligible Participants and Participation

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

Not enough data

0 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

+5.77%

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 codes2E2K2O3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$210

$1 / participant

Other / not subdivided$210100.0%

% of EOY assets

0.005%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DAVIDSON, DOYLE & HILTON
Auditor EIN: 541953476
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,073

$25,302-56.2%

$74,723-85.2%

$67,582-83.6%

Participation rate

95.2%

37.8%+57.3pp

54.5%+40.7pp

71.3%+23.9pp

Annual return

-1.05%

10291.17%-10292.2pp

753.18%-754.2pp

378.57%-379.6pp

Employer contribution / active EE

$1,852

$446+314.9%

$1,084+70.8%

$2,148-13.8%

Participant deferral / active EE

$954-100.0%

$1,962-100.0%

$3,539-100.0%

Admin fee / account holder

$108-99.5%

$3,335-100.0%

$142-99.6%

MERIWETHER-GODSEY, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MERIWETHER-GODSEY, 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