Plan Snapshot
- Plan Sponsor: Merus Corporation
- Sponsor EIN: 461375798
- Sponsor Address: 302 W 3RD ST, CINCINNATI, OH, 452023437
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $25.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 154 | $25.7M | $332,065 | $2.0M |
| 2023 | 164 | $23.4M | $463,903 | $2.3M |
| 2022 | 180 | $20.0M | $409,549 | $2.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CLARK, SCHAEFER, HACKETT & CO. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $54,818 | — | $54,818 | — | — |
| 2023 | $128,380 | — | $128,380 | — | — |
| 2022 | $77,396 | — | $77,396 | — | — |