Merck Retiree Medical Plan — Form 5500 plan (Merck Sharp & Dohme LLC)

Plain-English plan 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, Merck Retiree Medical Plan is a benefit plan reported by Merck Sharp & Dohme LLC under EIN 22-1261880 and plan number 570. The latest loaded filing year is 2023. The filing reports 18,857 participants and $4,934,996 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Merck Sharp & Dohme LLC
EIN
22-1261880
Plan number
570
Plan type
2
Location
Rahway, NJ
Latest filing year
2023
Participants
18,857
End-of-year plan assets
$4,934,996

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202318,857H, C20241001104949NAL0012147664001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,934,996
Total liabilities (EOY)
$13,720,418
Net assets (EOY)
-$8,785,422
Net assets (BOY)
$4,437,194

Income & contributions

Employer contributions
$51,572,429
Participant contributions
$18,858,674
Total contributions
$70,431,103
Total income / additions
$70,455,825

Expenses & distributions

Benefits paid
$82,383,401
Administrative expenses
$1,295,040
Total expenses
$83,678,441
Net increase / (decrease)
-$13,222,616

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Horizon Bc/Bs Of NjCONTRACT ADMINISTRATOR$1,212,677not reported in the loaded dataset2023
Express Scripts Inc.CONTRACT ADMINISTRATOR$86,434not reported in the loaded dataset2023
The Bank Of New York MellonNONE$30,164$02023

Related Form 5500 pages