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, Mervis Industries, Inc. Profit Sharing & 401(K) Plan is a benefit plan reported by Mervis Industries, Inc. under EIN 37-0812150 and plan number 003. The latest loaded filing year is 2023. The filing reports 275 participants and $12,967,294 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,967,294
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,967,294
- Net assets (BOY)
- $11,637,701
Income & contributions
- Employer contributions
- $421,811
- Participant contributions
- $609,045
- Total contributions
- $1,468,958
- Total income / additions
- $3,324,746
Expenses & distributions
- Benefits paid
- $1,927,160
- Administrative expenses
- $66,923
- Total expenses
- $1,995,153
- Net increase / (decrease)
- $1,329,593