Mercury Financial LLC 401(K) Plan — Form 5500 plan (Mercury Financial LLC)
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, Mercury Financial LLC 401(K) Plan is a benefit plan reported by Mercury Financial LLC under EIN 82-3007272 and plan number 001. The latest loaded filing year is 2023. The filing reports 286 participants and $19,565,649 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mercury Financial LLC
- EIN
- 82-3007272
- Plan number
- 001
- Plan type
- 2
- Location
- Austin, TX
- Latest filing year
- 2023
- Participants
- 286
- End-of-year plan assets
- $19,565,649
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 286 | H, C | 20240726151607NAL0024824576001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,565,649
- Net assets (EOY)
- $19,565,649
- Net assets (BOY)
- $12,178,847
Income & contributions
- Employer contributions
- $1,476,932
- Participant contributions
- $2,716,930
- Total contributions
- $5,552,598
- Total income / additions
- $8,261,928
Expenses & distributions
- Benefits paid
- $824,604
- Administrative expenses
- $50,522
- Total expenses
- $875,126
- Net increase / (decrease)
- $7,386,802
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cornerstone Wealth Group | SERVICE PROVIDER | $0 | $30,714 | 2023 |
| Nova 401(K) Associates | TPA | $0 | $6,910 | 2023 |