Mungo Homes, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2018. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Mungo Homes, Inc. 401(k) Plan Facts (plan year 2018)

Plan name
MUNGO HOMES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MUNGO HOMES, INC.
Participants
552 (18 active employees)
Former employees with a balance
370
Plan assets
$19,391,810 at Dec 31, 2018
Average account balance
$50,500 across 384 accounts
Employer contributions
$928,890 in plan year 2018 (37% of all contributions)
Plan year
Jan 1, 2018 – Dec 31, 2018
Plan established
Jun 1, 1980
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2018 (Jan 1, 2018 – Dec 31, 2018), filed Oct 10, 2019. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2018

  • $2.53 million went into the plan in contributions, $928,890 of it from the employer (37%).
  • $1.24 million was paid out to participants.
  • Administrative expenses were $76,287, about $199 per account.

How the Mungo Homes, Inc. 401(k) changed, 2013–2018

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2013236$12.6 million$515,079$436,623
2014304$14.4 million$682,212$950,498
2015382$16.0 million$772,564$525,152
2016441$17.9 million$909,678$1.49 million
2017455$24.0 million$1.14 million$545,622
2018552$19.4 million$928,890$1.24 million

Mungo Homes, Inc. 401(k) Contact Information

Phone
803-227-8451
Mailing address
441 WESTERN LANE, IRMO SC 290639071
Plan sponsor
MUNGO HOMES, INC.
Employer identification number (EIN)
57-1100853
Plan number
001

Questions about the Mungo Homes, Inc. 401(k)

Is the Mungo Homes, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2018, and no later filing was found under this employer's EIN.

Does Mungo Homes, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $928,890, 37% of all contributions.

Does the Mungo Homes, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Mungo Homes, Inc 401(k) plan?

552 participants at the start of plan year 2018, 18 of them active employees, and 370 former employees who still had money in the plan.

What is the average 401(k) balance at Mungo Homes, Inc?

About $50,500 per account: $19.4 million in plan assets across 384 accounts with a balance at the end of plan year 2018.

Who manages the Mungo Homes, Inc 401(k) accounts?

BB AND T is the plan's recordkeeper, which is where participants log in to see their balance.

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