Plan5500

Merchant & Gould P.C. 401(K) Retirement Savings And Profit Sharing Plan — Form 5500 plan (Merchant & Gould P.C.)

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, Merchant & Gould P.C. 401(K) Retirement Savings And Profit Sharing Plan is a benefit plan reported by Merchant & Gould P.C. under EIN 41-0991388 and plan number 002. The latest loaded filing year is 2023. The filing reports 383 participants and $130,662,082 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$130.7MPlan net assets, end of year$130,662,082
Participants383Covered participants reported
Assets / participant$341.2KComputed: assets ÷ participants$341,154 (computed)
Provider compensation$86.9K4 Schedule C provider row(s)$86,900
Plan sponsor
Merchant & Gould P.C.
EIN
41-0991388
Plan number
002
Plan type
2
Location
Minneapolis, MN
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    383 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$130.7M total assets
Net assets$130.7MLiabilities—
Money in vs. money out
Total income / additions$26.2M
Total expenses$7.6M
Benefits paid / distributions$7.5M
Contributions
Employer$2.8M
Participant$3.2M
Full reported line items

Net assets

Total assets (EOY)
$130,662,082
Net assets (EOY)
$130,662,082
Net assets (BOY)
$112,033,950

Income & contributions

Employer contributions
$2,840,960
Participant contributions
$3,174,745
Total contributions
$8,453,148
Total income / additions
$26,206,495

Expenses & distributions

Benefits paid
$7,491,363
Administrative expenses
$87,000
Total expenses
$7,578,363
Net increase / (decrease)
$18,628,132
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 47%Participant 53%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Schwab Retirement Plan Services,Inc$67.7K
    NONE · Direct $67.7K
  2. 2
    Cliftonlarsonallen$11.7K
    NONE · Direct $11.7K
  3. 3
    Focus Financial Network Inc$7.3K
    NONE · Direct $7.3K
  4. 4
    Charles Schwab & Co., Inc.$137
    NONE · Direct $137 · Indirect $0

Related Form 5500 pages