Mercado Consultants 401(K) Plan — Form 5500 plan (Mercado Consultants, Inc.)

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, Mercado Consultants 401(K) Plan is a benefit plan reported by Mercado Consultants, Inc. under EIN 52-1612161 and plan number 001. The latest loaded filing year is 2023. The filing reports 76 participants and $12,862,185 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.9MPlan net assets, end of year$12,862,185
Participants76Covered participants reported
Assets / participant$169.2KComputed: assets ÷ participants$169,239 (computed)
Provider compensationNone reported
Plan sponsor
Mercado Consultants, Inc.
EIN
52-1612161
Plan number
001
Plan type
2
Location
Ashton, MD
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202376I20240916150340NAL0001633169001
Schedule I · 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)$12.9M total assets
Net assets$12.9MLiabilities$0
Money in vs. money out
Total income / additions$2.8M
Total expenses$1.2M
Benefits paid / distributions$1.2M
Contributions
Employer$401.9K
Participant$583.3K
Full reported line items

Net assets

Total assets (EOY)
$12,862,185
Total liabilities (EOY)
$0
Net assets (EOY)
$12,862,185
Net assets (BOY)
$11,219,540

Income & contributions

Employer contributions
$401,858
Participant contributions
$583,253
Total income / additions
$2,807,864

Expenses & distributions

Benefits paid
$1,164,706
Administrative expenses
$513
Total expenses
$1,165,219
Net increase / (decrease)
$1,642,645
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 41%Participant 59%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income41%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages