Plan Snapshot
- Plan Sponsor: Mercury Enterprises, INC
- Sponsor EIN: 591006793
- Sponsor Address: 11300 49TH STREET NORTH, CLEARWATER, FL, 33762
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $7.8M
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 | 155 | $7.8M | $274,894 | $776,660 |
| 2023 | 164 | $8.3M | $230,781 | $675,341 |
| 2022 | 131 | $7.0M | $42,463 | $497,265 |
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 |
|---|---|---|---|---|
| PENSIONMARK FINANCIAL GROUP, LLC | RETAINED BY EMPLOYER | $20,811 | — | $20,811 |
| JOHN HANCOCK | RETAINED BY EMPLOYER | $20,241 | — | $20,241 |
| RAMOS & FLOYD CPAS PLLC | AUDIT | $12,620 | — | $12,620 |
| WORLD INVESTMENT ADVISORS LLC | RETAINED BY EMPLOYER | $6,736 | — | $6,736 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RETAINED BY EMPLOYER
- RAMOS & FLOYD CPAS PLLC — AUDIT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,408
- Estimated Expense Ratio: 0.778% 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 | $60,409 | — | $19,837 | $40,572 | — |
| 2023 | $44,086 | $29,922 | $14,164 | — | — |
| 2022 | $32,219 | — | $32,219 | — | — |