Plan Snapshot
- Plan Sponsor: Mercer Investments, LLC
- Sponsor EIN: 300282430
- Sponsor Address: 99 HIGH STREET, BOSTON, MA, 02110
- Plan Type: 401(k)
- Total Participants: 10,017
- Total Assets: $319.9M
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 | 10,017 | $319.9M | $14.3M | $42.6M |
| 2023 | 6,009 | $198.1M | $10.8M | $31.5M |
| 2022 | 5,131 | $83.6M | $4.5M | $13.3M |
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 |
|---|---|---|---|---|
| MERCER INVESTMENTS, LLC | INVESTMENT ADVISOR | $1,155,483 | — | $1,155,483 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $522,390 | — | $522,390 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $63,734 | — | $63,734 |
| REGIONS BANK | RIA, IA & BA | $21,396 | — | $21,396 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,763,003
- Estimated Expense Ratio: 0.551% of plan assets
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 | $1,715,144 | $1,191,308 | — | — | — |
| 2023 | $1,063,207 | $680,500 | $382,707 | — | — |
| 2022 | $228,489 | $146,311 | $82,178 | — | — |