Plan5500

Sonny Merryman, Inc. Employee Stock Ownership Plan And Trust — Form 5500 plan (Sonny Merryman, 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, Sonny Merryman, Inc. Employee Stock Ownership Plan And Trust is a benefit plan reported by Sonny Merryman, Inc. under EIN 54-0806176 and plan number 001. The latest loaded filing year is 2023. The filing reports 186 participants and $30,431,060 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sonny Merryman, Inc.
EIN
54-0806176
Plan number
001
Plan type
2
Location
Evington, VA
Latest filing year
2023
Participants
186
End-of-year plan assets
$30,431,060

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023186H, C20241015084428NAL0029047537001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$30,431,060
Total liabilities (EOY)
$83,819
Net assets (EOY)
$30,347,241
Net assets (BOY)
$25,293,294

Income & contributions

Employer contributions
$500,000
Total contributions
$500,000
Total income / additions
$6,329,452

Expenses & distributions

Benefits paid
$1,165,683
Administrative expenses
$109,822
Total expenses
$1,275,505
Net increase / (decrease)
$5,053,947

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Brown EdwardsNONE$19,700not reported in the loaded dataset2023
Ascensus Consulting, LLCNONE$13,454not reported in the loaded dataset2023
Sheldrick, Mcgehee & Kohler, LLCNONE$10,000not reported in the loaded dataset2023

Related Form 5500 pages