Merit Brass Co. 401k Profit Sharing Plan & Trust — Form 5500 plan (Merit Brass Co.)
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, Merit Brass Co. 401k Profit Sharing Plan & Trust is a benefit plan reported by Merit Brass Co. under EIN 34-0871314 and plan number 001. The latest loaded filing year is 2023. The filing reports 257 participants and $19,251,532 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Merit Brass Co.
- EIN
- 34-0871314
- Plan number
- 001
- Plan type
- 2
- Location
- Cleveland, OH
- Latest filing year
- 2023
- Participants
- 257
- End-of-year plan assets
- $19,251,532
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 257 | H, C | 20241008152210NAL0030356224001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,251,532
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,251,532
- Net assets (BOY)
- $17,021,226
Income & contributions
- Employer contributions
- $174,194
- Participant contributions
- $975,776
- Total contributions
- $1,415,955
- Total income / additions
- $4,207,651
Expenses & distributions
- Benefits paid
- $1,812,739
- Administrative expenses
- $158,088
- Total expenses
- $1,977,345
- Net increase / (decrease)
- $2,230,306
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Life Insurance Co | RECORDKEEPER | $61,529 | $0 | 2023 |
| Erisa Services, Inc | RECORDKEEPER | $42,856 | $686 | 2023 |
| Lpl Financial | BROKER | $0 | $32,071 | 2023 |