2023 Form 5500 filing — Merakey 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014112534NAL0026036785001) for Merakey 401(K) Plan, reported by Merakey Usa under EIN 23-2175924 and plan number 004. It reports 323 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014112534NAL0026036785001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Merakey Usa
- EIN
- 23-2175924
- Plan number
- 004
- Location
- Lafayette Hill, PA
- Participants
- 323
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,714,927
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,714,927
- Employer contributions
- $89,716
- Participant contributions
- $351,570
- Total income / additions
- $1,397,868
- Benefits paid
- $495,885
- Administrative expenses
- $13,263
- Total expenses
- $536,345
- Net increase / (decrease)
- $861,523
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $13,494 | $0 |
| Masschusetts Mutual Life Ins. | CONTRACT ADMINISTRATOR | $8,132 | $0 |
| Nfp Corporate Services (Pa), Inc. | CONTRACT ADMIN | $2,202 | not reported in the loaded dataset |
| Cornersatone Advisors Asser Managem | INVESTMENT ADVISOR | $491 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $295 | not reported in the loaded dataset |