Mercury General Corporation Profit Sharing Plan — Form 5500 plan (Mercury General Corporation)

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 General Corporation Profit Sharing Plan is a benefit plan reported by Mercury General Corporation under EIN 95-2211612 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,698 participants and $814,923,656 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mercury General Corporation
EIN
95-2211612
Plan number
001
Plan type
2
Location
Los Angeles, CA
Latest filing year
2023
Participants
5,698
End-of-year plan assets
$814,923,656

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,698H, C20240807185237NAL0003902881001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$814,923,656
Total liabilities (EOY)
$0
Net assets (EOY)
$814,923,656
Net assets (BOY)
$677,892,121

Income & contributions

Employer contributions
$11,374,030
Participant contributions
$33,578,495
Total contributions
$47,171,406
Total income / additions
$191,059,597

Expenses & distributions

Benefits paid
$53,413,394
Administrative expenses
$569,864
Total expenses
$54,028,062
Net increase / (decrease)
$137,031,535

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$376,622not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$54,329$02023
Benefit Financial Services GroupCONSULTANT$50,000not reported in the loaded dataset2023
Morgan StanleyCONSULTANT$49,500not reported in the loaded dataset2023
Holthouse Carlin & Van Trigt LlpACCOUNTANT/AUDITOR$19,848not reported in the loaded dataset2023
O'Melveny & Myers LlpATTORNEY/LEGAL$19,564not reported in the loaded dataset2023

Related Form 5500 pages