Mericle 401(K) Profit Sharing Plan — Form 5500 plan (Mericle Construction, 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, Mericle 401(K) Profit Sharing Plan is a benefit plan reported by Mericle Construction, Inc. under EIN 23-2522306 and plan number 001. The latest loaded filing year is 2023. The filing reports 356 participants and $39,420,420 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$39.4MPlan net assets, end of year$39,420,420
Participants356Covered participants reported
Assets / participant$110.7KComputed: assets ÷ participants$110,732 (computed)
Provider compensation$45.7K2 Schedule C provider row(s)$45,691
Plan sponsor
Mericle Construction, Inc.
EIN
23-2522306
Plan number
001
Plan type
3
Location
Wilkes Barre, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023356H, C20241015183901NAL0057707746001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$39.4M total assets
Net assets$39.4MLiabilities$0
Money in vs. money out
Total income / additions$9.7M
Total expenses$1.9M
Benefits paid / distributions$1.8M
Contributions
Employer$1.4M
Participant$1.8M
Full reported line items

Net assets

Total assets (EOY)
$39,420,420
Total liabilities (EOY)
$0
Net assets (EOY)
$39,420,420
Net assets (BOY)
$31,610,213

Income & contributions

Employer contributions
$1,427,845
Participant contributions
$1,827,084
Total contributions
$3,392,745
Total income / additions
$9,721,800

Expenses & distributions

Benefits paid
$1,798,999
Administrative expenses
$112,594
Total expenses
$1,911,593
Net increase / (decrease)
$7,810,207
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 44%Participant 56%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income19%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Jacobi Capital Managment LLCREGISTERED INV ADVISOR$43,299not reported in the loaded dataset2023
John Hancock Life Insurance CoRECORDKEEPER$2,392$02023

Related Form 5500 pages