Plan Snapshot
- Plan Sponsor: Merck & Co., INC.
- Sponsor EIN: 046767405
- Sponsor Address: 126 EAST LINCOLN AVENUE, RAHWAY, NJ, 07065
- Plan Type: 401(k)
- Plan Number: 007
- Total Participants: 0
- Total Assets: $14.6B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $14.6B | $0 | $0 |
| 2023 | 0 | $12.9B | $0 | $0 |
| 2022 | 0 | $10.8B | $0 | $0 |
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 |
|---|---|---|---|---|
| T. ROWE PRICE ASSOCIATES, INC. | Other Service Provider | $3,224,579 | — | $3,224,579 |
| JP MORGAN CHASE BANK, N.A. | Recordkeeper | $2,724,356 | — | $2,724,356 |
| WELLINGTON TRUST COMPANY, NA | Other Service Provider | $2,706,165 | — | $2,706,165 |
| JENNISON ASSOCIATES LLC | Recordkeeper | $2,499,346 | — | $2,499,346 |
| FISHER INVESTMENTS | Recordkeeper | $2,250,925 | — | $2,250,925 |
| ALLIANCEBERNSTEIN LP | Other Service Provider | $1,905,942 | — | $1,905,942 |
| ALLSPRING GLOBAL INVESTMENTS | Other Service Provider | $1,650,099 | — | $1,650,099 |
| CENTERSQUARE INVESTMENT MGMT LLC | Other Service Provider | $997,029 | — | $997,029 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $981,197 | — | $981,197 |
| MFS INSTITUTIONAL ADVISORS, INC. | Other Service Provider | $371,825 | — | $371,825 |
| STATE STREET BANK | Other Service Provider | $66,038 | — | $66,038 |
| ALLIANCEBERNSTEIN TRUST COMPANY | Other Service Provider | $25,074 | — | $25,074 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN CHASE BANK, N.A. — Recordkeeper
- JENNISON ASSOCIATES LLC — Recordkeeper
- FISHER INVESTMENTS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,402,575
- Estimated Expense Ratio: 0.133% 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 | $19,402,311 | $19,402,311 | — | — | — |
| 2023 | $14,870,134 | $14,870,134 | — | — | — |
| 2022 | $14,213,626 | $14,213,626 | — | — | — |