Retirement plan

MJW CONSOLIDATED, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: MJW CONSOLIDATED, INC. - MJW CONSOLIDATED, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: MJW CONSOLIDATED, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MJW CONSOLIDATED, INC. EMPLOYEE STOCK OWNERSHIP PLAN, MJW CONSOLIDATED, INC.

MJW CONSOLIDATED, INC.EIN 59-3740458Plan #002PY 2023

3805 FAYE RD - JACKSONVILLE, FL 322262394904-353-5527LinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$8.9M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$57.2M

+26.1% from 2022

Total participants

168

-1.8% from 2022

Average account balance

$340,283

+27.6% from 2022

Annual return

25.24%

-23.78 pp from 2022

Benchmarks

See 3,251 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,251 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$80.88M

Not enough data

1 years with asset history on file

Average account balance

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

$476K

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.

170

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

$699K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+43.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$96

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
GREATBANC TRUST COMPANY1 year Filed as: GREATBANC TRUST Service code 28 · EIN 36-3681493	Investment Management	$15,067

Plan features & details

Pension benefit codes2I2K2P2Q3I

Plan features

2I
Stock bonus
Stock bonus 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.
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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$15K

$142 / participant

Investment mgmt$15K100.0%

% of EOY assets

0.026%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JOHN W HOWARD CPA
Auditor EIN: 650140643
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$340,283

$76,696+343.7%

$96,538+252.5%

$71,529+375.7%

Participation rate

100.0%

66.6%+33.4pp

74.3%+25.7pp

67.9%+32.1pp

Annual return

25.24%

48.32%-23.1pp

35.74%-10.5pp

28.97%-3.7pp

Employer contribution / active EE

$16,299

$3,032+437.7%

$3,740+335.8%

$2,590+529.4%

Participant deferral / active EE

$3,770-100.0%

$4,880-100.0%

$4,291-100.0%

Admin fee / account holder

$90

$2,030-95.6%

$6,737-98.7%

$1,588-94.4%

Provider

Service type

Compensation

GREATBANC TRUST COMPANY1 year

Filed as: GREATBANC TRUST

Service code 28 · EIN 36-3681493

Investment Management

$15,067

MJW CONSOLIDATED, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MJW CONSOLIDATED, 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