Merakey 401(K) 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 401(K) Plan is a benefit plan reported by Merakey Usa under EIN 23-2175924 and plan number 004. The latest loaded filing year is 2023. The filing reports 323 participants and $3,169,749 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Merakey Usa
EIN
23-2175924
Plan number
004
Plan type
2
Location
Lafayette Hill, PA
Latest filing year
2023
Participants
323
End-of-year plan assets
$3,169,749

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023323H, C20241014112534NAL0026036785001
2023341H, C20240725092814NAL0022108336001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,714,927
Total liabilities (EOY)
$0
Net assets (EOY)
$4,714,927
Net assets (BOY)
$3,853,404

Income & contributions

Employer contributions
$89,716
Participant contributions
$351,570
Total contributions
$752,252
Total income / additions
$1,397,868

Expenses & distributions

Benefits paid
$495,885
Administrative expenses
$13,263
Total expenses
$536,345
Net increase / (decrease)
$861,523

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$13,494$02023
Masschusetts Mutual Life Ins.CONTRACT ADMINISTRATOR$8,132$02023
Nfp Corporate Services (Pa), Inc.CONTRACT ADMIN$2,202not reported in the loaded dataset2023
Cornersatone Advisors Asser ManagemINVESTMENT ADVISOR$491not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MANAGEMENT$295not reported in the loaded dataset2023

Related Form 5500 pages