Merakey 403(B) Plan — Form 5500 plan (Merakey Usa)
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, Merakey 403(B) Plan is a benefit plan reported by Merakey Usa under EIN 23-2175924 and plan number 001. The latest loaded filing year is 2023. The filing reports 8,124 participants and $132,947,453 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Merakey Usa
- EIN
- 23-2175924
- Plan number
- 001
- Plan type
- 2
- Location
- Lafayette Hill, PA
- Latest filing year
- 2023
- Participants
- 8,124
- End-of-year plan assets
- $132,947,453
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 8,124 | H, C | 20241014112928NAL0026043857001 |
| 2023 | 8,997 | H, C | 20240725094352NAL0022133936001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $140,385,168
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $140,385,168
- Net assets (BOY)
- $123,798,226
Income & contributions
- Employer contributions
- $2,262,946
- Participant contributions
- $8,631,393
- Total contributions
- $11,416,282
- Total income / additions
- $31,031,522
Expenses & distributions
- Benefits paid
- $13,950,139
- Administrative expenses
- $400,959
- Total expenses
- $14,444,580
- Net increase / (decrease)
- $16,586,942
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Co | RECORDKEEPER | $418,766 | $0 | 2023 |
| Massachesetts Mutual Life Ins. Co. | CONTRACT ADMINISTRATOR | $349,554 | $0 | 2023 |
| Nfp Corporate Services Pa, Inc. | TPA | $0 | $43,394 | 2023 |
| Nfp Corporate Services Pa, Inc. | CONTRACT ADMINISTRATION | $43,178 | not reported in the loaded dataset | 2023 |
| Cornerstone Advisors Asset Manageme | INVESTMENT ADVISOR | $32,083 | not reported in the loaded dataset | 2023 |
| Locke & Associates P.C. | AUDITOR | $0 | $27,900 | 2023 |
| Cornerstone Advisors Asset Manageme | CONSULTANT | $0 | $27,275 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,546 | not reported in the loaded dataset | 2023 |
| Lock & Welsh Pc | AUDITOR | $4,500 | $0 | 2023 |
| Qdro Consultants Company, LLC | OTHER | $400 | not reported in the loaded dataset | 2023 |
| American Funds | INVESTMENT PROVIDER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Merakey Usa
- 2023 Form 5500 filing
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Lafayette Hill, PA
- Empower Annuity Insurance Co — Schedule C compensation
- Massachesetts Mutual Life Ins. Co. — Schedule C compensation
- Nfp Corporate Services Pa, Inc. — Schedule C compensation
- Cornerstone Advisors Asset Manageme — Schedule C compensation
- Locke & Associates P.C. — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Lock & Welsh Pc — Schedule C compensation
- Qdro Consultants Company, LLC — Schedule C compensation
- American Funds — Schedule C compensation