Mersino Dewatering, LLC 401(K) Plan — Form 5500 plan (Mersino Dewatering, LLC)

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, Mersino Dewatering, LLC 401(K) Plan is a benefit plan reported by Mersino Dewatering, LLC under EIN 38-3267850 and plan number 001. The latest loaded filing year is 2023. The filing reports 465 participants and $13,733,541 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.7MPlan net assets, end of year$13,733,541
Participants465Covered participants reported
Assets / participant$29.5KComputed: assets ÷ participants$29,534 (computed)
Provider compensation$60.1K2 Schedule C provider row(s)$60,142
Plan sponsor
Mersino Dewatering, LLC
EIN
38-3267850
Plan number
001
Plan type
2
Location
Davison, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023465H, C20240927112631NAL0003601504001
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)$13.7M total assets
Net assets$13.7MLiabilities$0
Money in vs. money out
Total income / additions$5M
Total expenses$1.3M
Benefits paid / distributions$1.3M
Contributions
Employer$608.7K
Participant$1.9M
Full reported line items

Net assets

Total assets (EOY)
$13,733,541
Total liabilities (EOY)
$0
Net assets (EOY)
$13,733,541
Net assets (BOY)
$10,096,990

Income & contributions

Employer contributions
$608,658
Participant contributions
$1,858,717
Total contributions
$3,086,891
Total income / additions
$4,964,975

Expenses & distributions

Benefits paid
$1,262,145
Administrative expenses
$64,998
Total expenses
$1,328,424
Net increase / (decrease)
$3,636,551
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 25%Participant 75%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income25%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$48,852not reported in the loaded dataset2023
The Patriot Financial GroupADVISOR$11,290not reported in the loaded dataset2023

Related Form 5500 pages