Mercy Drive 403(B) Retirement Plan — Form 5500 plan (Mercy Drive Inc.)

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, Mercy Drive 403(B) Retirement Plan is a benefit plan reported by Mercy Drive Inc. under EIN 04-3831639 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,424 participants and $4,064,502 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mercy Drive Inc.
EIN
04-3831639
Plan number
001
Plan type
2
Location
Forest Hills, NY
Latest filing year
2023
Participants
1,424
End-of-year plan assets
$4,064,502

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,424H, C20250925074919NAL0011789074001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,064,502
Total liabilities (EOY)
$0
Net assets (EOY)
$4,064,502
Net assets (BOY)
$5,377,236

Income & contributions

Employer contributions
$413,794
Participant contributions
$72,409
Total contributions
$486,203
Total income / additions
-$714,781

Expenses & distributions

Benefits paid
$597,094
Administrative expenses
$859
Total expenses
$597,953
Net increase / (decrease)
-$1,312,734

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.RECORDKEEPER$859$02023

Related Form 5500 pages