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MG ADVANTAGE RETIREMENT PLAN 401k Plan overview

Plan NameMG ADVANTAGE RETIREMENT PLAN
Plan identification number 002

MG ADVANTAGE RETIREMENT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

NEXSTAR BROADCASTING, INC. has sponsored the creation of one or more 401k plans.

Company Name:NEXSTAR BROADCASTING, INC.
Employer identification number (EIN):233063152
NAIC Classification:511110
NAIC Description:Newspaper Publishers

Additional information about NEXSTAR BROADCASTING, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2003-08-05
Company Identification Number: 0800232168
Legal Registered Office Address: 545 E JOHN CARPENTER FWY STE 700

IRVING
United States of America (USA)
75062

More information about NEXSTAR BROADCASTING, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MG ADVANTAGE RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01DAVID RANDALL BRADFORD

Plan Statistics for MG ADVANTAGE RETIREMENT PLAN

401k plan membership statisitcs for MG ADVANTAGE RETIREMENT PLAN

Measure Date Value
2022: MG ADVANTAGE RETIREMENT PLAN 2022 401k membership
Market value of plan assets2022-12-31402,393,496
Acturial value of plan assets2022-12-31387,550,713
Funding target for retired participants and beneficiaries receiving payment2022-12-31216,686,957
Number of terminated vested participants2022-12-311,579
Fundng target for terminated vested participants2022-12-3168,814,962
Active participant vested funding target2022-12-3119,734,002
Number of active participants2022-12-31493
Total funding liabilities for active participants2022-12-3119,734,002
Total participant count2022-12-314,087
Total funding target for all participants2022-12-31305,235,921
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-3118,398,329
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-3118,398,329
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-3119,371,601
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-311,900,000
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-014,087
Total number of active participants reported on line 7a of the Form 55002022-01-01448
Number of retired or separated participants receiving benefits2022-01-011,685
Number of other retired or separated participants entitled to future benefits2022-01-011,414
Total of all active and inactive participants2022-01-013,547
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01407
Total participants2022-01-013,954
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: MG ADVANTAGE RETIREMENT PLAN 2021 401k membership
Market value of plan assets2021-12-31407,311,922
Acturial value of plan assets2021-12-31366,580,730
Funding target for retired participants and beneficiaries receiving payment2021-12-31218,352,899
Number of terminated vested participants2021-12-311,656
Fundng target for terminated vested participants2021-12-3171,265,956
Active participant vested funding target2021-12-3120,500,642
Number of active participants2021-12-31541
Total funding liabilities for active participants2021-12-3120,500,642
Total participant count2021-12-314,193
Total funding target for all participants2021-12-31310,119,497
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3115,818,355
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-3115,818,355
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-3118,398,329
Total employer contributions2021-12-310
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-312,900,000
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-014,193
Total number of active participants reported on line 7a of the Form 55002021-01-01493
Number of retired or separated participants receiving benefits2021-01-011,676
Number of other retired or separated participants entitled to future benefits2021-01-011,477
Total of all active and inactive participants2021-01-013,646
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-01441
Total participants2021-01-014,087
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: MG ADVANTAGE RETIREMENT PLAN 2020 401k membership
Market value of plan assets2020-12-31374,733,559
Acturial value of plan assets2020-12-31351,706,240
Funding target for retired participants and beneficiaries receiving payment2020-12-31228,645,992
Number of terminated vested participants2020-12-311,622
Fundng target for terminated vested participants2020-12-3172,649,367
Active participant vested funding target2020-12-3123,962,923
Number of active participants2020-12-31579
Total funding liabilities for active participants2020-12-3123,962,923
Total participant count2020-12-314,231
Total funding target for all participants2020-12-31325,258,282
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3112,889,794
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-3112,889,794
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-3115,818,355
Total employer contributions2020-12-310
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-312,100,000
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-014,231
Total number of active participants reported on line 7a of the Form 55002020-01-01541
Number of retired or separated participants receiving benefits2020-01-011,660
Number of other retired or separated participants entitled to future benefits2020-01-011,575
Total of all active and inactive participants2020-01-013,776
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-01417
Total participants2020-01-014,193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: MG ADVANTAGE RETIREMENT PLAN 2019 401k membership
Market value of plan assets2019-12-31330,914,211
Acturial value of plan assets2019-12-31345,120,240
Funding target for retired participants and beneficiaries receiving payment2019-12-31229,437,008
Number of terminated vested participants2019-12-311,650
Fundng target for terminated vested participants2019-12-3171,401,848
Active participant vested funding target2019-12-3126,320,325
Number of active participants2019-12-31644
Total funding liabilities for active participants2019-12-3126,320,325
Total participant count2019-12-314,319
Total funding target for all participants2019-12-31327,159,181
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3113,812,467
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-3113,812,467
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-3112,889,794
Total employer contributions2019-12-310
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-312,900,000
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-014,288
Total number of active participants reported on line 7a of the Form 55002019-01-01579
Number of retired or separated participants receiving benefits2019-01-011,688
Number of other retired or separated participants entitled to future benefits2019-01-011,562
Total of all active and inactive participants2019-01-013,829
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-01371
Total participants2019-01-014,200
Number of participants with account balances2019-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-011
2018: MG ADVANTAGE RETIREMENT PLAN 2018 401k membership
Market value of plan assets2018-12-31382,171,471
Acturial value of plan assets2018-12-31354,538,707
Funding target for retired participants and beneficiaries receiving payment2018-12-31227,012,929
Number of terminated vested participants2018-12-311,694
Fundng target for terminated vested participants2018-12-3176,821,262
Active participant vested funding target2018-12-3128,003,131
Number of active participants2018-12-31713
Total funding liabilities for active participants2018-12-3128,003,131
Total participant count2018-12-314,459
Total funding target for all participants2018-12-31331,837,322
Balance at beginning of prior year after applicable adjustments2018-12-313,351,708
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3115,176,954
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-313,351,708
Prefunding balanced used to offset prior years funding requirement2018-12-313,291,172
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-3111,885,782
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-3113,812,467
Total employer contributions2018-12-310
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-310
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-312,100,000
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-014,431
Total number of active participants reported on line 7a of the Form 55002018-01-01644
Number of retired or separated participants receiving benefits2018-01-011,687
Number of other retired or separated participants entitled to future benefits2018-01-011,587
Total of all active and inactive participants2018-01-013,918
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-01370
Total participants2018-01-014,288
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: MG ADVANTAGE RETIREMENT PLAN 2017 401k membership
Market value of plan assets2017-12-31389,821,809
Acturial value of plan assets2017-12-31396,934,061
Funding target for retired participants and beneficiaries receiving payment2017-12-31263,445,378
Number of terminated vested participants2017-12-312,750
Fundng target for terminated vested participants2017-12-31100,047,879
Active participant vested funding target2017-12-3131,006,486
Number of active participants2017-12-31852
Total funding liabilities for active participants2017-12-3131,006,486
Total participant count2017-12-317,155
Total funding target for all participants2017-12-31394,499,743
Balance at beginning of prior year after applicable adjustments2017-12-313,701,141
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3114,214,624
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-313,701,141
Amount remaining of prefunding balance2017-12-3114,214,624
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-31600,000
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-313,351,708
Balance of prefunding at beginning of current year2017-12-3115,176,954
Total employer contributions2017-12-310
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-314,000,000
Net shortfall amortization installment of oustanding balance2017-12-3116,094,344
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-316,642,880
Carryover balance elected to use to offset funding requirement2017-12-313,351,708
Prefunding balance elected to use to offset funding requirement2017-12-313,291,172
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-017,142
Total number of active participants reported on line 7a of the Form 55002017-01-01713
Number of retired or separated participants receiving benefits2017-01-011,687
Number of other retired or separated participants entitled to future benefits2017-01-011,652
Total of all active and inactive participants2017-01-014,052
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-01379
Total participants2017-01-014,431
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010

Financial Data on MG ADVANTAGE RETIREMENT PLAN

Measure Date Value
2022 : MG ADVANTAGE RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$192,303
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$311,828
Total income from all sources (including contributions)2022-12-31$-88,181,624
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$24,889,415
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$23,131,484
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$0
Value of total assets at end of year2022-12-31$289,514,760
Value of total assets at beginning of year2022-12-31$402,705,324
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$1,757,931
Total interest from all sources2022-12-31$31,961
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$629,934
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$629,934
Administrative expenses professional fees incurred2022-12-31$554,368
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$5,000,000
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$1,458,276
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$1,446,169
Administrative expenses (other) incurred2022-12-31$240,131
Liabilities. Value of operating payables at end of year2022-12-31$192,303
Liabilities. Value of operating payables at beginning of year2022-12-31$311,828
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-113,071,039
Value of net assets at end of year (total assets less liabilities)2022-12-31$289,322,457
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$402,393,496
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$963,432
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$31,808,374
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$0
Value of interest in common/collective trusts at end of year2022-12-31$254,240,262
Value of interest in common/collective trusts at beginning of year2022-12-31$399,153,252
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$2,007,848
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$2,105,903
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$2,105,903
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$31,961
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-3,799,950
Net investment gain or loss from common/collective trusts2022-12-31$-85,043,569
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31Yes
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$23,131,484
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$38,156,521
Aggregate carrying amount (costs) on sale of assets2022-12-31$38,156,521
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31PRICEWATERHOUSECOOPERS LLP
Accountancy firm EIN2022-12-31134008324
2021 : MG ADVANTAGE RETIREMENT PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$-9,874,104
Total unrealized appreciation/depreciation of assets2021-12-31$-9,874,104
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$311,828
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$460,738
Total income from all sources (including contributions)2021-12-31$20,862,796
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$25,781,222
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$23,348,289
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$154
Value of total assets at end of year2021-12-31$402,705,324
Value of total assets at beginning of year2021-12-31$407,772,660
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$2,432,933
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$8,125
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$8,125
Administrative expenses professional fees incurred2021-12-31$225,069
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$1,446,169
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$1,486,028
Administrative expenses (other) incurred2021-12-31$1,141,140
Liabilities. Value of operating payables at end of year2021-12-31$311,828
Liabilities. Value of operating payables at beginning of year2021-12-31$460,738
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-4,918,426
Value of net assets at end of year (total assets less liabilities)2021-12-31$402,393,496
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$407,311,922
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$1,066,724
Value of interest in common/collective trusts at end of year2021-12-31$399,153,252
Value of interest in common/collective trusts at beginning of year2021-12-31$404,519,974
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$2,105,903
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$1,766,658
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$1,766,658
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$30,728,621
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31Yes
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$154
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$23,348,289
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31PRICEWATERHOUSECOOPERS LLP
Accountancy firm EIN2021-12-31134008324
2020 : MG ADVANTAGE RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$460,738
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$508,946
Total income from all sources (including contributions)2020-12-31$59,124,416
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$27,563,708
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$24,174,869
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$0
Value of total assets at end of year2020-12-31$407,772,660
Value of total assets at beginning of year2020-12-31$376,260,160
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$3,388,839
Total interest from all sources2020-12-31$4,758
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$66,252
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$66,252
Administrative expenses professional fees incurred2020-12-31$185,745
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$1,486,028
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$1,528,065
Administrative expenses (other) incurred2020-12-31$1,810,309
Liabilities. Value of operating payables at end of year2020-12-31$460,738
Liabilities. Value of operating payables at beginning of year2020-12-31$508,946
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$31,560,708
Value of net assets at end of year (total assets less liabilities)2020-12-31$407,311,922
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$375,751,214
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$1,392,785
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$57,853,421
Value of interest in common/collective trusts at end of year2020-12-31$404,519,974
Value of interest in common/collective trusts at beginning of year2020-12-31$315,987,707
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$1,766,658
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$890,967
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$890,967
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$4,758
Net investment gain or loss from common/collective trusts2020-12-31$59,053,406
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31Yes
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$24,174,869
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$28,130,459
Aggregate carrying amount (costs) on sale of assets2020-12-31$28,130,459
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31PRICEWATERHOUSECOOPERS LLP
Accountancy firm EIN2020-12-31134008324
2019 : MG ADVANTAGE RETIREMENT PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$62,316,478
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$62,316,478
Total unrealized appreciation/depreciation of assets2019-12-31$62,316,478
Total unrealized appreciation/depreciation of assets2019-12-31$62,316,478
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$508,946
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$508,946
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$457,048
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$457,048
Total income from all sources (including contributions)2019-12-31$72,949,438
Total income from all sources (including contributions)2019-12-31$72,949,438
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$27,655,387
Total of all expenses incurred2019-12-31$27,655,387
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$24,051,876
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$24,051,876
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
Value of total assets at end of year2019-12-31$376,260,160
Value of total assets at end of year2019-12-31$376,260,160
Value of total assets at beginning of year2019-12-31$330,914,211
Value of total assets at beginning of year2019-12-31$330,914,211
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$3,603,511
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$3,603,511
Total interest from all sources2019-12-31$43,768
Total interest from all sources2019-12-31$43,768
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$111,389
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$111,389
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$111,389
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$111,389
Administrative expenses professional fees incurred2019-12-31$1,226,288
Administrative expenses professional fees incurred2019-12-31$1,226,288
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$1,528,065
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$1,528,065
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$1,544,030
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$1,544,030
Administrative expenses (other) incurred2019-12-31$1,917,070
Administrative expenses (other) incurred2019-12-31$1,917,070
Liabilities. Value of operating payables at end of year2019-12-31$508,946
Liabilities. Value of operating payables at end of year2019-12-31$508,946
Liabilities. Value of operating payables at beginning of year2019-12-31$457,048
Liabilities. Value of operating payables at beginning of year2019-12-31$457,048
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$45,294,051
Value of net income/loss2019-12-31$45,294,051
Value of net assets at end of year (total assets less liabilities)2019-12-31$375,751,214
Value of net assets at end of year (total assets less liabilities)2019-12-31$375,751,214
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$330,457,163
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$330,457,163
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$460,153
Investment advisory and management fees2019-12-31$460,153
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$57,853,421
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$57,853,421
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$45,620,270
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$45,620,270
Value of interest in common/collective trusts at end of year2019-12-31$315,987,707
Value of interest in common/collective trusts at end of year2019-12-31$315,987,707
Value of interest in common/collective trusts at beginning of year2019-12-31$281,670,605
Value of interest in common/collective trusts at beginning of year2019-12-31$281,670,605
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$890,967
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$890,967
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$2,079,306
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$2,079,306
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$2,079,306
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$2,079,306
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$43,768
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$43,768
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$10,477,803
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$10,477,803
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$24,051,876
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$24,051,876
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$31,896,999
Aggregate proceeds on sale of assets2019-12-31$31,896,999
Aggregate carrying amount (costs) on sale of assets2019-12-31$31,896,999
Aggregate carrying amount (costs) on sale of assets2019-12-31$31,896,999
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31KEITER STEPHENS HURST GARY SHRIEVES
Accountancy firm name2019-12-31KEITER STEPHENS HURST GARY SHRIEVES
Accountancy firm EIN2019-12-31541631262
Accountancy firm EIN2019-12-31541631262
2018 : MG ADVANTAGE RETIREMENT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$457,048
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$1,063,810
Total income from all sources (including contributions)2018-12-31$-23,405,100
Total loss/gain on sale of assets2018-12-31$-93,052
Total of all expenses incurred2018-12-31$27,245,397
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$24,076,777
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$0
Value of total assets at end of year2018-12-31$330,914,211
Value of total assets at beginning of year2018-12-31$382,171,470
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$3,168,620
Total interest from all sources2018-12-31$18,170
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$60,849
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$60,849
Administrative expenses professional fees incurred2018-12-31$591,365
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$1,544,030
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$2,249,305
Administrative expenses (other) incurred2018-12-31$1,925,499
Liabilities. Value of operating payables at end of year2018-12-31$457,048
Liabilities. Value of operating payables at beginning of year2018-12-31$1,063,810
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-50,650,497
Value of net assets at end of year (total assets less liabilities)2018-12-31$330,457,163
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$381,107,660
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$651,756
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$45,620,270
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$55,872,783
Value of interest in common/collective trusts at end of year2018-12-31$281,670,605
Value of interest in common/collective trusts at beginning of year2018-12-31$323,844,926
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$2,079,306
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$204,456
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$204,456
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$18,170
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-23,391,067
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31Yes
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$24,076,777
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate carrying amount (costs) on sale of assets2018-12-31$93,052
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31KEITER STEPHENS HURST GARY SHRIEVES
Accountancy firm EIN2018-12-31541631262
2017 : MG ADVANTAGE RETIREMENT PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets to this plan2017-12-31$456,412
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$1,063,810
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$54,473
Total income from all sources (including contributions)2017-12-31$61,571,002
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$70,741,603
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$64,784,316
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$0
Value of total assets at end of year2017-12-31$382,171,470
Value of total assets at beginning of year2017-12-31$389,876,322
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$5,957,287
Total interest from all sources2017-12-31$118,088
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$8,101,524
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$8,101,524
Administrative expenses professional fees incurred2017-12-31$1,642,131
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$2,249,305
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$139,909
Administrative expenses (other) incurred2017-12-31$3,775,007
Liabilities. Value of operating payables at end of year2017-12-31$1,063,810
Liabilities. Value of operating payables at beginning of year2017-12-31$54,473
Total non interest bearing cash at end of year2017-12-31$0
Total non interest bearing cash at beginning of year2017-12-31$97,186
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$-9,170,601
Value of net assets at end of year (total assets less liabilities)2017-12-31$381,107,660
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$389,821,849
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$540,149
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$55,872,783
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$273,265,556
Value of interest in pooled separate accounts at end of year2017-12-31$0
Value of interest in pooled separate accounts at beginning of year2017-12-31$112,061,255
Value of interest in common/collective trusts at end of year2017-12-31$323,844,926
Value of interest in common/collective trusts at beginning of year2017-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$204,456
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$4,312,410
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$4,312,410
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$118,088
Asset value of US Government securities at end of year2017-12-31$0
Asset value of US Government securities at beginning of year2017-12-31$6
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$19,513,011
Net investment gain or loss from common/collective trusts2017-12-31$33,838,379
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31Yes
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$64,784,316
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31KEITER STEPHENS HURST GARY SHRIEVES
Accountancy firm EIN2017-12-31541631262

Form 5500 Responses for MG ADVANTAGE RETIREMENT PLAN

2022: MG ADVANTAGE RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MG ADVANTAGE RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planYes
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MG ADVANTAGE RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planYes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MG ADVANTAGE RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planYes
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MG ADVANTAGE RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planYes
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MG ADVANTAGE RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planYes
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes

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