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THE MYERS GROUP INC 401(K) PLAN 401k Plan overview

Plan NameTHE MYERS GROUP INC 401(K) PLAN
Plan identification number 001

THE MYERS GROUP INC 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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 sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

THE MYERS GROUP INC has sponsored the creation of one or more 401k plans.

Company Name:THE MYERS GROUP INC
Employer identification number (EIN):320467750
NAIC Classification:531210
NAIC Description:Offices of Real Estate Agents and Brokers

Additional information about THE MYERS GROUP INC

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2015-06-04
Company Identification Number: P15000049603
Legal Registered Office Address: 913 Gulf Breeze Pkwy

Gulf Breeze

32561

More information about THE MYERS GROUP INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE MYERS GROUP INC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01BRADLEY STEVEN MYERS BRADLEY STEVEN MYERS2019-07-23
0012017-01-01BRADLEY STEVEN MYERS BRADLEY STEVEN MYERS2018-09-26
0012016-01-01BRADLEY MYERS BRADLEY MYERS2017-07-26
0012015-06-05BRADLEY STEVEN MYERS BRADLEY STEVEN MYERS2016-09-27

Plan Statistics for THE MYERS GROUP INC 401(K) PLAN

401k plan membership statisitcs for THE MYERS GROUP INC 401(K) PLAN

Measure Date Value
2022: THE MYERS GROUP INC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-011
Total number of active participants reported on line 7a of the Form 55002022-01-010
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-010
Number of participants with account balances2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: THE MYERS GROUP INC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-011
Total number of active participants reported on line 7a of the Form 55002021-01-011
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-011
Number of participants with account balances2021-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: THE MYERS GROUP INC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-011
Total number of active participants reported on line 7a of the Form 55002020-01-011
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-011
Number of participants with account balances2020-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: THE MYERS GROUP INC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-011
Total number of active participants reported on line 7a of the Form 55002019-01-011
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-011
Number of participants with account balances2019-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: THE MYERS GROUP INC 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011
Total number of active participants reported on line 7a of the Form 55002018-01-011
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-011
Number of participants with account balances2018-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: THE MYERS GROUP INC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-011
Total number of active participants reported on line 7a of the Form 55002017-01-011
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-011
Number of participants with account balances2017-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: THE MYERS GROUP INC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-011
Total number of active participants reported on line 7a of the Form 55002016-01-011
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 participants2016-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-011
Number of participants with account balances2016-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: THE MYERS GROUP INC 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-06-050
Total number of active participants reported on line 7a of the Form 55002015-06-051
Number of retired or separated participants receiving benefits2015-06-050
Number of other retired or separated participants entitled to future benefits2015-06-050
Total of all active and inactive participants2015-06-051
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-06-050
Total participants2015-06-051
Number of participants with account balances2015-06-051
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-06-050

Financial Data on THE MYERS GROUP INC 401(K) PLAN

Measure Date Value
2022 : THE MYERS GROUP INC 401(K) PLAN 2022 401k financial data
Transfers to/from the plan2022-05-13$0
Total plan liabilities at end of year2022-05-13$0
Total plan liabilities at beginning of year2022-05-13$0
Total income from all sources2022-05-13$305,871
Expenses. Total of all expenses incurred2022-05-13$949,981
Benefits paid (including direct rollovers)2022-05-13$949,981
Total plan assets at end of year2022-05-13$0
Total plan assets at beginning of year2022-05-13$644,110
Total contributions received or receivable from participants2022-05-13$0
Expenses. Other expenses not covered elsewhere2022-05-13$0
Contributions received from other sources (not participants or employers)2022-05-13$0
Other income received2022-05-13$305,871
Noncash contributions received2022-05-13$0
Net income (gross income less expenses)2022-05-13$-644,110
Net plan assets at end of year (total assets less liabilities)2022-05-13$0
Net plan assets at beginning of year (total assets less liabilities)2022-05-13$644,110
Assets. Value of employer securities2022-05-13$0
Total contributions received or receivable from employer(s)2022-05-13$0
Value of certain deemed distributions of participant loans2022-05-13$0
Value of corrective distributions2022-05-13$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-05-13$0
2021 : THE MYERS GROUP INC 401(K) PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$232,560
Expenses. Total of all expenses incurred2021-12-31$0
Benefits paid (including direct rollovers)2021-12-31$0
Total plan assets at end of year2021-12-31$644,110
Total plan assets at beginning of year2021-12-31$411,550
Total contributions received or receivable from participants2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$232,560
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$232,560
Net plan assets at end of year (total assets less liabilities)2021-12-31$644,110
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$411,550
Assets. Value of employer securities2021-12-31$644,110
Total contributions received or receivable from employer(s)2021-12-31$0
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 : THE MYERS GROUP INC 401(K) PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$110,407
Expenses. Total of all expenses incurred2020-12-31$0
Benefits paid (including direct rollovers)2020-12-31$0
Total plan assets at end of year2020-12-31$411,550
Total plan assets at beginning of year2020-12-31$301,143
Total contributions received or receivable from participants2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$110,407
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$110,407
Net plan assets at end of year (total assets less liabilities)2020-12-31$411,550
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$301,143
Assets. Value of employer securities2020-12-31$411,550
Total contributions received or receivable from employer(s)2020-12-31$0
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
2019 : THE MYERS GROUP INC 401(K) PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total income from all sources2019-12-31$-98,636
Expenses. Total of all expenses incurred2019-12-31$0
Benefits paid (including direct rollovers)2019-12-31$0
Total plan assets at end of year2019-12-31$301,143
Total plan assets at beginning of year2019-12-31$399,779
Total contributions received or receivable from participants2019-12-31$0
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$-98,636
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$-98,636
Net plan assets at end of year (total assets less liabilities)2019-12-31$301,143
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$399,779
Assets. Value of employer securities2019-12-31$301,143
Total contributions received or receivable from employer(s)2019-12-31$0
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$0
2018 : THE MYERS GROUP INC 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$-36,353
Expenses. Total of all expenses incurred2018-12-31$0
Benefits paid (including direct rollovers)2018-12-31$0
Total plan assets at end of year2018-12-31$399,779
Total plan assets at beginning of year2018-12-31$436,132
Total contributions received or receivable from participants2018-12-31$0
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-36,353
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-36,353
Net plan assets at end of year (total assets less liabilities)2018-12-31$399,779
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$436,132
Assets. Value of employer securities2018-12-31$399,779
Total contributions received or receivable from employer(s)2018-12-31$0
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$0
2017 : THE MYERS GROUP INC 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$162,346
Expenses. Total of all expenses incurred2017-12-31$0
Benefits paid (including direct rollovers)2017-12-31$0
Total plan assets at end of year2017-12-31$436,132
Total plan assets at beginning of year2017-12-31$273,786
Total contributions received or receivable from participants2017-12-31$0
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$162,346
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$162,346
Net plan assets at end of year (total assets less liabilities)2017-12-31$436,132
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$273,786
Assets. Value of employer securities2017-12-31$436,132
Total contributions received or receivable from employer(s)2017-12-31$0
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0
2016 : THE MYERS GROUP INC 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$-71,771
Expenses. Total of all expenses incurred2016-12-31$0
Benefits paid (including direct rollovers)2016-12-31$0
Total plan assets at end of year2016-12-31$273,786
Total plan assets at beginning of year2016-12-31$345,557
Total contributions received or receivable from participants2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$-71,771
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-71,771
Net plan assets at end of year (total assets less liabilities)2016-12-31$273,786
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$345,557
Assets. Value of employer securities2016-12-31$273,786
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
2015 : THE MYERS GROUP INC 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$345,572
Expenses. Total of all expenses incurred2015-12-31$15
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$345,557
Total plan assets at beginning of year2015-12-31$0
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$15
Contributions received from other sources (not participants or employers)2015-12-31$350,030
Other income received2015-12-31$-4,458
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$345,557
Net plan assets at end of year (total assets less liabilities)2015-12-31$345,557
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$0
Assets. Value of employer securities2015-12-31$345,557
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0

Form 5500 Responses for THE MYERS GROUP INC 401(K) PLAN

2022: THE MYERS GROUP INC 401(K) 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 filingYes
2022-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE MYERS GROUP INC 401(K) 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: THE MYERS GROUP INC 401(K) 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: THE MYERS GROUP INC 401(K) 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: THE MYERS GROUP INC 401(K) 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: THE MYERS GROUP INC 401(K) 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: THE MYERS GROUP INC 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
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
2015: THE MYERS GROUP INC 401(K) PLAN 2015 form 5500 responses
2015-06-05Type of plan entitySingle employer plan
2015-06-05First time form 5500 has been submittedYes
2015-06-05Submission has been amendedNo
2015-06-05This submission is the final filingNo
2015-06-05This return/report is a short plan year return/report (less than 12 months)Yes
2015-06-05Plan is a collectively bargained planNo
2015-06-05Plan funding arrangement – TrustYes
2015-06-05Plan benefit arrangement - TrustYes

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