2023 Form 5500 filing — Sonny Merryman, Inc. Employee Stock Ownership Plan And Trust
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 20241015084428NAL0029047537001) for Sonny Merryman, Inc. Employee Stock Ownership Plan And Trust, reported by Sonny Merryman, Inc. under EIN 54-0806176 and plan number 001. It reports 186 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015084428NAL0029047537001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sonny Merryman, Inc.
- EIN
- 54-0806176
- Plan number
- 001
- Location
- Evington, VA
- Participants
- 186
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,431,060
- Total liabilities (EOY)
- $83,819
- Net assets (EOY)
- $30,347,241
- Employer contributions
- $500,000
- Total income / additions
- $6,329,452
- Benefits paid
- $1,165,683
- Administrative expenses
- $109,822
- Total expenses
- $1,275,505
- Net increase / (decrease)
- $5,053,947
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Brown Edwards | NONE | $19,700 | not reported in the loaded dataset |
| Ascensus Consulting, LLC | NONE | $13,454 | not reported in the loaded dataset |
| Sheldrick, Mcgehee & Kohler, LLC | NONE | $10,000 | not reported in the loaded dataset |