Mg Building Materials Ltd 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Grothues Brothers Holdings)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Mg Building Materials Ltd 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Grothues Brothers Holdings under EIN 74-1769046 and plan number 001. The latest loaded filing year is 2023. The filing reports 343 participants and $10,324,019 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$10.3MPlan net assets, end of year$10,324,019
Participants343Covered participants reported
Assets / participant$30.1KComputed: assets ÷ participants$30,099 (computed)
Provider compensation$2.5K2 Schedule C provider row(s)$2,535
- Plan sponsor
- Grothues Brothers Holdings
- EIN
- 74-1769046
- Plan number
- 001
- Plan type
- 2
- Location
- San Antonio, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 343 | H, C | 20240917052850NAL0005495794001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$10.3M total assets
Net assets$10.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $10,324,019
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,324,019
- Net assets (BOY)
- $9,192,720
Income & contributions
- Employer contributions
- $270,083
- Participant contributions
- $582,508
- Total contributions
- $852,591
- Total income / additions
- $2,224,341
Expenses & distributions
- Benefits paid
- $1,074,739
- Administrative expenses
- $2,535
- Total expenses
- $1,093,042
- Net increase / (decrease)
- $1,131,299
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
32%68%
Employer 32%Participant 68%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income48%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $2,535 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |