2023 Form 5500 filing — Mercy Drive 403(B) Retirement 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 20250925074919NAL0011789074001) for Mercy Drive 403(B) Retirement Plan, reported by Mercy Drive Inc. under EIN 04-3831639 and plan number 001. It reports 1,424 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250925074919NAL0011789074001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mercy Drive Inc.
- EIN
- 04-3831639
- Plan number
- 001
- Location
- Forest Hills, NY
- Participants
- 1,424
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,064,502
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,064,502
- Employer contributions
- $413,794
- Participant contributions
- $72,409
- Total income / additions
- -$714,781
- Benefits paid
- $597,094
- Administrative expenses
- $859
- Total expenses
- $597,953
- Net increase / (decrease)
- -$1,312,734
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Group, Inc. | RECORDKEEPER | $859 | $0 |