Mergon Corporation 401(K) Retirement Plan — Form 5500 plan (Mergon Corporation)
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, Mergon Corporation 401(K) Retirement Plan is a benefit plan reported by Mergon Corporation under EIN 57-1063765 and plan number 001. The latest loaded filing year is 2023. The filing reports 301 participants and $4,465,300 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mergon Corporation
- EIN
- 57-1063765
- Plan number
- 001
- Plan type
- 2
- Location
- Anderson, SC
- Latest filing year
- 2023
- Participants
- 301
- End-of-year plan assets
- $4,465,300
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 301 | H, C | 20241013110810NAL0012402995001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,465,300
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,465,300
- Net assets (BOY)
- $3,644,081
Income & contributions
- Employer contributions
- $143,926
- Participant contributions
- $453,260
- Total contributions
- $681,963
- Total income / additions
- $1,194,269
Expenses & distributions
- Benefits paid
- $348,450
- Administrative expenses
- $17,510
- Total expenses
- $373,050
- Net increase / (decrease)
- $821,219
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $17,510 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |
| Cambridge Investment Research, Inc | ADVISOR | $0 | $0 | 2023 |