Melway Group, Inc. 401(K) Retirement Plan — Form 5500 plan (Melway Group, Inc.)
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, Melway Group, Inc. 401(K) Retirement Plan is a benefit plan reported by Melway Group, Inc. under EIN 86-2314296 and plan number 001. The latest loaded filing year is 2023. The filing reports 167 participants and $13,311,905 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Melway Group, Inc.
- EIN
- 86-2314296
- Plan number
- 001
- Plan type
- 2
- Location
- Holmesville, OH
- Latest filing year
- 2023
- Participants
- 167
- End-of-year plan assets
- $13,311,905
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 167 | H, C | 20240924085132NAL0012552401001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,311,905
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,311,905
- Net assets (BOY)
- $11,102,796
Income & contributions
- Employer contributions
- $645,920
- Participant contributions
- $761,919
- Total contributions
- $1,420,263
- Total income / additions
- $3,163,577
Expenses & distributions
- Benefits paid
- $901,243
- Administrative expenses
- $53,225
- Total expenses
- $954,468
- Net increase / (decrease)
- $2,209,109
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Co | CONTRACT ADMINISTRATOR | $53,225 | $0 | 2023 |
| The Huntington National Bank | INVESTMENT ADVISORY | $0 | $21,153 | 2023 |
| One Digital Investment Advisors | INVESTMENT ADVISORY | $0 | $7,666 | 2023 |
| Rea & Associates, Inc | TPA SERVICES | $0 | $5,238 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Melway Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Holmesville, OH
- Principal Life Insurance Co — Schedule C compensation
- The Huntington National Bank — Schedule C compensation
- One Digital Investment Advisors — Schedule C compensation
- Rea & Associates, Inc — Schedule C compensation