MERITAGE HOSPITALITY GROUP has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MERITAGE HOSPITALITY GROUP 401(K)
| Measure | Date | Value |
|---|
| 2022 : MERITAGE HOSPITALITY GROUP 401(K) 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-25 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-25 | $40,885 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-25 | $53,127 |
| Total income from all sources (including contributions) | 2022-12-25 | $1,042,438 |
| Total loss/gain on sale of assets | 2022-12-25 | $0 |
| Total of all expenses incurred | 2022-12-25 | $454,919 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-25 | $415,972 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-25 | $1,729,781 |
| Value of total assets at end of year | 2022-12-25 | $3,743,484 |
| Value of total assets at beginning of year | 2022-12-25 | $3,168,207 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-25 | $38,947 |
| Total interest from all sources | 2022-12-25 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-25 | $49,827 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-25 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-25 | $49,827 |
| Was this plan covered by a fidelity bond | 2022-12-25 | Yes |
| Value of fidelity bond cover | 2022-12-25 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-25 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-25 | No |
| Contributions received from participants | 2022-12-25 | $1,091,918 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-25 | $275,098 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-25 | No |
| Value of net income/loss | 2022-12-25 | $587,519 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-25 | $3,702,599 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-25 | $3,115,080 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-25 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-25 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-25 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-25 | $3,645,780 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-25 | $3,149,156 |
| Value of interest in pooled separate accounts at end of year | 2022-12-25 | $11,086 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-25 | $8,754 |
| Value of interest in common/collective trusts at end of year | 2022-12-25 | $86,618 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-25 | $10,297 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-25 | $-736,753 |
| Net investment gain/loss from pooled separate accounts | 2022-12-25 | $-989 |
| Net investment gain or loss from common/collective trusts | 2022-12-25 | $572 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-25 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-25 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-25 | No |
| Contributions received in cash from employer | 2022-12-25 | $362,765 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-25 | $415,972 |
| Contract administrator fees | 2022-12-25 | $38,947 |
| Liabilities. Value of benefit claims payable at end of year | 2022-12-25 | $40,885 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-12-25 | $53,127 |
| Did the plan have assets held for investment | 2022-12-25 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-25 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-25 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-25 | Unqualified |
| Accountancy firm name | 2022-12-25 | HUNGERFORD NICHOLS |
| Accountancy firm EIN | 2022-12-25 | 382184825 |
| 2021 : MERITAGE HOSPITALITY GROUP 401(K) 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-26 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-26 | $53,127 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-26 | $0 |
| Total income from all sources (including contributions) | 2021-12-26 | $1,716,635 |
| Total loss/gain on sale of assets | 2021-12-26 | $0 |
| Total of all expenses incurred | 2021-12-26 | $253,896 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-26 | $224,622 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-26 | $1,405,370 |
| Value of total assets at end of year | 2021-12-26 | $3,168,207 |
| Value of total assets at beginning of year | 2021-12-26 | $1,652,341 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-26 | $29,274 |
| Total interest from all sources | 2021-12-26 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-26 | $29,587 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-26 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-26 | $29,587 |
| Was this plan covered by a fidelity bond | 2021-12-26 | Yes |
| Value of fidelity bond cover | 2021-12-26 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-26 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-26 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-26 | No |
| Contributions received from participants | 2021-12-26 | $971,308 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-26 | $104,211 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-26 | $373 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-26 | No |
| Value of net income/loss | 2021-12-26 | $1,462,739 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-26 | $3,115,080 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-26 | $1,652,341 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-26 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-26 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-26 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-26 | $3,149,156 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-26 | $1,644,739 |
| Value of interest in pooled separate accounts at end of year | 2021-12-26 | $8,754 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-26 | $3,185 |
| Value of interest in common/collective trusts at end of year | 2021-12-26 | $10,297 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-26 | $4,417 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-26 | $280,429 |
| Net investment gain/loss from pooled separate accounts | 2021-12-26 | $1,126 |
| Net investment gain or loss from common/collective trusts | 2021-12-26 | $123 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-26 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-26 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-26 | No |
| Contributions received in cash from employer | 2021-12-26 | $329,851 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-26 | $224,249 |
| Contract administrator fees | 2021-12-26 | $29,274 |
| Liabilities. Value of benefit claims payable at end of year | 2021-12-26 | $53,127 |
| Did the plan have assets held for investment | 2021-12-26 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-26 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-26 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-26 | Unqualified |
| Accountancy firm name | 2021-12-26 | HUNGERFORD NICHOLS |
| Accountancy firm EIN | 2021-12-26 | 382184825 |
| 2020 : MERITAGE HOSPITALITY GROUP 401(K) 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2020-12-27 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-27 | $0 |
| Total unrealized appreciation/depreciation of assets | 2020-12-27 | $0 |
| Total transfer of assets to this plan | 2020-12-27 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-27 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-27 | $0 |
| Total income from all sources (including contributions) | 2020-12-27 | $1,843,246 |
| Total loss/gain on sale of assets | 2020-12-27 | $0 |
| Total of all expenses incurred | 2020-12-27 | $190,905 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-27 | $177,947 |
| Value of total corrective distributions | 2020-12-27 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-27 | $1,536,326 |
| Value of total assets at end of year | 2020-12-27 | $1,652,341 |
| Value of total assets at beginning of year | 2020-12-27 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-27 | $12,958 |
| Total income from rents | 2020-12-27 | $0 |
| Total interest from all sources | 2020-12-27 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-27 | $16,128 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-27 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-27 | $16,128 |
| Administrative expenses professional fees incurred | 2020-12-27 | $0 |
| Was this plan covered by a fidelity bond | 2020-12-27 | Yes |
| Value of fidelity bond cover | 2020-12-27 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-27 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-27 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-27 | No |
| Amount of non-exempt transactions with any party-in-interest | 2020-12-27 | $0 |
| Contributions received from participants | 2020-12-27 | $836,488 |
| Participant contributions at end of year | 2020-12-27 | $0 |
| Participant contributions at beginning of year | 2020-12-27 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-27 | $354,831 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-27 | $1,075 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-27 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-27 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-27 | $0 |
| Other income not declared elsewhere | 2020-12-27 | $152 |
| Administrative expenses (other) incurred | 2020-12-27 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-27 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-27 | No |
| Value of net income/loss | 2020-12-27 | $1,652,341 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-27 | $1,652,341 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-27 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-27 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-27 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-27 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-27 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-27 | $0 |
| Investment advisory and management fees | 2020-12-27 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-27 | $1,644,739 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-27 | $0 |
| Value of interest in pooled separate accounts at end of year | 2020-12-27 | $3,185 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-27 | $0 |
| Income. Interest from loans (other than to participants) | 2020-12-27 | $0 |
| Interest earned on other investments | 2020-12-27 | $0 |
| Income. Interest from US Government securities | 2020-12-27 | $0 |
| Income. Interest from corporate debt instruments | 2020-12-27 | $0 |
| Value of interest in common/collective trusts at end of year | 2020-12-27 | $4,417 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-27 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-27 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-27 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-27 | $290,125 |
| Net investment gain/loss from pooled separate accounts | 2020-12-27 | $486 |
| Net investment gain or loss from common/collective trusts | 2020-12-27 | $29 |
| Net gain/loss from 103.12 investment entities | 2020-12-27 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-27 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-27 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-27 | No |
| Contributions received in cash from employer | 2020-12-27 | $345,007 |
| Employer contributions (assets) at end of year | 2020-12-27 | $0 |
| Employer contributions (assets) at beginning of year | 2020-12-27 | $0 |
| Income. Dividends from preferred stock | 2020-12-27 | $0 |
| Income. Dividends from common stock | 2020-12-27 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-27 | $176,872 |
| Contract administrator fees | 2020-12-27 | $12,958 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-27 | $0 |
| Did the plan have assets held for investment | 2020-12-27 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-27 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-27 | No |
| Aggregate proceeds on sale of assets | 2020-12-27 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-27 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-27 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-27 | Unqualified |
| Accountancy firm name | 2020-12-27 | HUNGERFORD NICHOLS |
| Accountancy firm EIN | 2020-12-27 | 382184825 |
