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Original filing (PDF)20251008170303NAL0010216400001
MONTEITH CONSTRUCTION CORP.
Form 5500
FILING_RECEIVED
MONTEITH CONSTRUCTION CORP. EMPLOYEE STOCK OWNERSHIP PLAN
Defined-contribution retirement plan
Signals · 3
100% in single holding100% employer stockNo recordkeeper disclosed
Active participants
136
Accounts w/ balance
135
Plan assets (EOY)
$15.7M
Net assets (EOY)
-$10.6M
How this plan invests
This plan
1 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
79
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
50
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "in Interest or Similar Party (c) Description of Investment (d) Cost Value * Monteith Construction Corp. 622,000 shares of Company Common Stock" is 100% of plan.
- 100% of plan in employer / sponsor stock.
- 71 bps in Schedule C fees — 146% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MONTEITH CONSTRUCTION CORP..
Plan sponsor
Name
MONTEITH CONSTRUCTION CORP.
EIN
98-0190888
Address
208 PRINCESS ST · WILMINGTON, NC · 284013976
Phone
(910) 791-8101
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-08
Pension benefit codes
2P · Leveraged ESOP
2Q · S-corporation ESOP
3I · Requires investment in employer securities
Audit & trust (Schedule H)
Auditor
MURRAY GROUP CPA PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsTrustee
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRUDENT FIDUCIARY SERVICES LLC | 82-1818132 | — | TRUSTEE | $42K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL FINANCIAL GROUP | — | DES MOINES, IA | PLAN ADMINISTRATOR | $24K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CLARK HILL PLC | 38-0425840 | — | LEGAL | $46K | — |
Investments
1 direct security· $15.7M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Interest or Similar Party (c) Description of Investment (d) Cost Value * Monteith Construction Corp. 622,000 shares of Company Common Stock | — | — | $27.0M | $15.7M | 100.0% |
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