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Company:
Meritage Hospitality Group, Inc.
Plan:
Meritage Hospitality Group, Inc. 401k Profit Sharing Plan
 

Meritage Hospitality Group, Inc.

36 Plan: Meritage Hospitality Group, Inc. 401k Profit Sharing Plan

 
 
36
3
46
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (36) and the top rated plan (76) could equate to:
[How is this calculated?]
16 additional years of work
Up to $311,000 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Meritage Hospitality Group, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 36. Meritage Hospitality Group, Inc. 401k Profit Sharing Plan currently has over 700 active participants and over $1.3M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 3210 Eagle Run Dr Ne Ste 100
Grand Rapids, MI 49525-7051 
Industry Accommodation and Food Services
Administrator Cynthia K Romanowski
Sponsor Robert Scherner Jr
Net Plan Assets $1,280,000
Total Participants 740
Avg Account Balance $1,700

 Compare Other Companies in Peer Group

MRCO, LLC and Affiliated Employers 48.5
2JR Pizza Enterprises LLC 47.2
Hamra Management Company, LLC 45.9
Barrand 42.6
Peter Piper 41.0
David J. Stanton & Associates 40.5

 Top 3 Funds in this 401k

1. Goldman Sachs Growth & Income Strategy 25%
2. Goldman Sachs Institutional Liquid Asset Prime Obligations Portfolio 17%
3. Goldman Sachs Core Fixed-Income 10%

  Plan Service Providers

Auditor Hungerford, Aldrin, Nichols & Carter, P.C.
Corporate Trustee State Street Global Advisors
Recordkeeper ADP

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