Retirement plan

GREENWAY ENTERPRISES, INC. PROFIT SHARING PLAN

Name: GREENWAY ENTERPRISES, INC. - GREENWAY ENTERPRISES, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: GREENWAY ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREENWAY ENTERPRISES, INC. PROFIT SHARING PLAN, GREENWAY ENTERPRISES, INC.

GREENWAY ENTERPRISES, INC.EIN 80-0296802Plan #001PY 2023

2444 SUTHERLAND AVE - KNOXVILLE, TN 379194569865-862-8907

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$893K

-64.1% from 2022

Total participants

+9.7% from 2022

Average account balance

$27,912

-65.2% from 2022

Annual return

-64.12%

-119.81 pp from 2022

Benchmarks

See 51,545 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,545 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.96M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

92.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+115.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$88

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 codes2E2G3D2R3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
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.

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

$27,912

$106,280-73.7%

$96,538-71.1%

$139,487-80.0%

Participation rate

88.9%

77.8%+11.0pp

74.3%+14.5pp

80.3%+8.6pp

Annual return

-64.12%

38.48%-102.6pp

35.74%-99.9pp

373.84%-438.0pp

Employer contribution / active EE

$4,107-100.0%

$3,740-100.0%

$4,755-100.0%

Participant deferral / active EE

$5,457-100.0%

$4,880-100.0%

$6,713-100.0%

Admin fee / account holder

$7,888-100.0%

$6,737-100.0%

$11,407-100.0%

GREENWAY ENTERPRISES, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GREENWAY ENTERPRISES, INC. PROFIT SHARING 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