2023 Form 5500 filing — Merakey 403(B) 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 20241014112928NAL0026043857001) for Merakey 403(B) Plan, reported by Merakey Usa under EIN 23-2175924 and plan number 001. It reports 8,124 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014112928NAL0026043857001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Merakey Usa
- EIN
- 23-2175924
- Plan number
- 001
- Location
- Lafayette Hill, PA
- Participants
- 8,124
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $140,385,168
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $140,385,168
- Employer contributions
- $2,262,946
- Participant contributions
- $8,631,393
- Total income / additions
- $31,031,522
- Benefits paid
- $13,950,139
- Administrative expenses
- $400,959
- Total expenses
- $14,444,580
- Net increase / (decrease)
- $16,586,942
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Co | RECORDKEEPER | $418,766 | $0 |
| Massachesetts Mutual Life Ins. Co. | CONTRACT ADMINISTRATOR | $349,554 | $0 |
| Nfp Corporate Services Pa, Inc. | TPA | $0 | $43,394 |
| Nfp Corporate Services Pa, Inc. | CONTRACT ADMINISTRATION | $43,178 | not reported in the loaded dataset |
| Cornerstone Advisors Asset Manageme | INVESTMENT ADVISOR | $32,083 | not reported in the loaded dataset |
| Locke & Associates P.C. | AUDITOR | $0 | $27,900 |
| Cornerstone Advisors Asset Manageme | CONSULTANT | $0 | $27,275 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,546 | not reported in the loaded dataset |
| Lock & Welsh Pc | AUDITOR | $4,500 | $0 |
| Qdro Consultants Company, LLC | OTHER | $400 | not reported in the loaded dataset |
| American Funds | INVESTMENT PROVIDER | $0 | $0 |