2023 Form 5500 filing — Merchants Bancorp Employee Stock Ownership Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241010103517NAL0035466096001) for Merchants Bancorp Employee Stock Ownership Plan, reported by Merchants Bancorp under EIN 35-0352710 and plan number 002. It reports 561 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$4.4MReported net assets$4,413,229
Participants561
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241010103517NAL0035466096001
Plan sponsor
Merchants Bancorp
EIN
35-0352710
Plan number
002
Location
Carmel, IN
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$4.4M total assets
Net assets$4.4MLiabilities$0
Money in vs. money out
Total income / additions$2.5M
Total expenses$68.9K
Benefits paid / distributions$68.9K
Contributions
Employer$997K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$4,413,229
Total liabilities (EOY)
$0
Net assets (EOY)
$4,413,229
Employer contributions
$996,968
Total income / additions
$2,492,638
Benefits paid
$68,901
Administrative expenses
$0
Total expenses
$68,901
Net increase / (decrease)
$2,423,737

Related Form 5500 pages