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MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameMORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Stock bonus
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

MORNINGSTAR MARBLE & GRANITE, INC. has sponsored the creation of one or more 401k plans.

Company Name:MORNINGSTAR MARBLE & GRANITE, INC.
Employer identification number (EIN):010487418
NAIC Classification:238300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP 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
0022017-01-01JOHN N. WHATLEY
0022016-01-01

Plan Statistics for MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0121
Total number of active participants reported on line 7a of the Form 55002022-01-0116
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-015
Total of all active and inactive participants2022-01-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0121
Number of participants with account balances2022-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0123
Total number of active participants reported on line 7a of the Form 55002021-01-0113
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-017
Total of all active and inactive participants2021-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0120
Number of participants with account balances2021-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0121
Total number of active participants reported on line 7a of the Form 55002020-01-0118
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-014
Total of all active and inactive participants2020-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0122
Number of participants with account balances2020-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0118
Total number of active participants reported on line 7a of the Form 55002019-01-0117
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-012
Total of all active and inactive participants2019-01-0119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0119
Number of participants with account balances2019-01-0119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0117
Total number of active participants reported on line 7a of the Form 55002018-01-0115
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-011
Total of all active and inactive participants2018-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0116
Number of participants with account balances2018-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0115
Total number of active participants reported on line 7a of the Form 55002017-01-0115
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-012
Total of all active and inactive participants2017-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0117
Number of participants with account balances2017-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0113
Total number of active participants reported on line 7a of the Form 55002016-01-0115
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0115
Number of participants with account balances2016-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022 : MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year2022-12-31$537,355
Total plan liabilities at beginning of year2022-12-31$564,211
Total income from all sources2022-12-31$-96,360
Expenses. Total of all expenses incurred2022-12-31$76,108
Benefits paid (including direct rollovers)2022-12-31$60,389
Total plan assets at end of year2022-12-31$1,930,998
Total plan assets at beginning of year2022-12-31$2,130,322
Value of fidelity bond covering the plan2022-12-31$220,000
Expenses. Other expenses not covered elsewhere2022-12-31$14,519
Other income received2022-12-31$-137,736
Net income (gross income less expenses)2022-12-31$-172,468
Net plan assets at end of year (total assets less liabilities)2022-12-31$1,393,643
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$1,566,111
Assets. Value of employer securities2022-12-31$1,925,273
Total contributions received or receivable from employer(s)2022-12-31$41,376
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$1,200
2021 : MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year2021-12-31$564,211
Total plan liabilities at beginning of year2021-12-31$370,352
Total income from all sources2021-12-31$1,411,116
Expenses. Total of all expenses incurred2021-12-31$26,848
Benefits paid (including direct rollovers)2021-12-31$11,597
Total plan assets at end of year2021-12-31$2,130,322
Total plan assets at beginning of year2021-12-31$552,195
Value of fidelity bond covering the plan2021-12-31$220,000
Total contributions received or receivable from participants2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$15,251
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$1,369,740
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$1,384,268
Net plan assets at end of year (total assets less liabilities)2021-12-31$1,566,111
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$181,843
Assets. Value of employer securities2021-12-31$2,063,734
Total contributions received or receivable from employer(s)2021-12-31$41,376
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$0
2020 : MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$370,352
Total plan liabilities at beginning of year2020-12-31$389,811
Total income from all sources2020-12-31$225,964
Expenses. Total of all expenses incurred2020-12-31$13,002
Benefits paid (including direct rollovers)2020-12-31$0
Total plan assets at end of year2020-12-31$552,195
Total plan assets at beginning of year2020-12-31$358,692
Value of fidelity bond covering the plan2020-12-31$90,000
Total contributions received or receivable from participants2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$13,002
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$193,503
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$212,962
Net plan assets at end of year (total assets less liabilities)2020-12-31$181,843
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$-31,119
Assets. Value of employer securities2020-12-31$552,193
Total contributions received or receivable from employer(s)2020-12-31$32,461
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Total plan liabilities at end of year2019-12-31$389,811
Total plan liabilities at beginning of year2019-12-31$408,657
Total income from all sources2019-12-31$-91,420
Expenses. Total of all expenses incurred2019-12-31$17,538
Benefits paid (including direct rollovers)2019-12-31$3,924
Total plan assets at end of year2019-12-31$358,692
Total plan assets at beginning of year2019-12-31$486,496
Value of fidelity bond covering the plan2019-12-31$90,000
Total contributions received or receivable from participants2019-12-31$0
Expenses. Other expenses not covered elsewhere2019-12-31$13,614
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$-127,421
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$-108,958
Net plan assets at end of year (total assets less liabilities)2019-12-31$-31,119
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$77,839
Assets. Value of employer securities2019-12-31$358,692
Total contributions received or receivable from employer(s)2019-12-31$36,001
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total plan liabilities at end of year2018-12-31$408,657
Total plan liabilities at beginning of year2018-12-31$426,911
Total income from all sources2018-12-31$277,910
Expenses. Total of all expenses incurred2018-12-31$15,619
Benefits paid (including direct rollovers)2018-12-31$1,411
Total plan assets at end of year2018-12-31$486,496
Total plan assets at beginning of year2018-12-31$242,459
Expenses. Other expenses not covered elsewhere2018-12-31$14,208
Other income received2018-12-31$245,449
Net income (gross income less expenses)2018-12-31$262,291
Net plan assets at end of year (total assets less liabilities)2018-12-31$77,839
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$-184,452
Assets. Value of employer securities2018-12-31$486,496
Total contributions received or receivable from employer(s)2018-12-31$32,461
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Total plan liabilities at end of year2017-12-31$426,911
Total plan liabilities at beginning of year2017-12-31$444,589
Total income from all sources2017-12-31$-197,041
Expenses. Total of all expenses incurred2017-12-31$14,782
Total plan assets at end of year2017-12-31$242,459
Total plan assets at beginning of year2017-12-31$471,960
Expenses. Other expenses not covered elsewhere2017-12-31$14,782
Other income received2017-12-31$-231,253
Net income (gross income less expenses)2017-12-31$-211,823
Net plan assets at end of year (total assets less liabilities)2017-12-31$-184,452
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$27,371
Assets. Value of employer securities2017-12-31$242,459
Total contributions received or receivable from employer(s)2017-12-31$34,212
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$444,589
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$32,461
Expenses. Total of all expenses incurred2016-12-31$5,090
Total plan assets at end of year2016-12-31$471,960
Total plan assets at beginning of year2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$5,090
Net income (gross income less expenses)2016-12-31$27,371
Net plan assets at end of year (total assets less liabilities)2016-12-31$27,371
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$0
Assets. Value of employer securities2016-12-31$471,960
Total contributions received or receivable from employer(s)2016-12-31$32,461
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0

Form 5500 Responses for MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2022: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP 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 planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP 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 planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP 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 planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP 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 planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP 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 planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP 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 planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MORNINGSTAR MARBLE & GRANITE, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01First time form 5500 has been submittedYes
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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