Merrifield Garden Center 401(K) Profit Sharing Retirement Plan — Form 5500 plan (Merrifield Garden Center)
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, Merrifield Garden Center 401(K) Profit Sharing Retirement Plan is a benefit plan reported by Merrifield Garden Center under EIN 54-0936775 and plan number 001. The latest loaded filing year is 2023. The filing reports 484 participants and $21,399,201 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$21.4MPlan net assets, end of year$21,399,201
Participants484Covered participants reported
Assets / participant$44.2KComputed: assets ÷ participants$44,213 (computed)
Provider compensation$90.6K4 Schedule C provider row(s)$90,649
- Plan sponsor
- Merrifield Garden Center
- EIN
- 54-0936775
- Plan number
- 001
- Plan type
- 2
- Location
- Falls Church, VA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 484 | H, C | 20240926131715NAL0001245296001 |
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)$21.4M total assets
Net assets$21.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $21,399,201
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,399,201
- Net assets (BOY)
- $19,503,645
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $573,920
- Total contributions
- $573,920
- Total income / additions
- $4,069,449
Expenses & distributions
- Benefits paid
- $2,119,810
- Administrative expenses
- $54,083
- Total expenses
- $2,173,893
- Net increase / (decrease)
- $1,895,556
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.
100%
Employer 0%Participant 100%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income52%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins. Co. Of America | RECORDKEEPER | $39,857 | $0 | 2023 |
| Cetera Advisor Networks LLC | BROKER/ADVISER | $0 | $36,566 | 2023 |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISOR | $9,960 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,266 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Merrifield Garden Center
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Falls Church, VA
- Empower Annuity Ins. Co. Of America — Schedule C compensation
- Cetera Advisor Networks LLC — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation