# Mercy Drive INC. 403(b) Plan
Source: https://planprovider.pro/companies/mercy-drive-inc-043831639-001

> Mercy Drive INC.'s 403(b) plan: 235 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mercy Drive INC.

- **Sponsor EIN:** 043831639

- **Sponsor Address:** 7235 112TH ST PR1, FOREST HILLS, NY, 11375

- **Plan Type:** 403(b)

- **Plan Number:** 001

- **Total Participants:** 235

- **Total Assets:** $4.6M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|235|$4.6M|$211,187|$87,385|

| 2023|228|$4.1M|$413,794|$72,409|

| 2022|1,372|$5.4M|$654,890|$67,491|

## 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|

| VERNON J KEY, CPA|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|$2,842|—|$2,842|—|—|

| 2023|$719|—|—|—|—|

| 2022|$751|—|$751|—|—|

## Similar Plans

- [United Jewish Appeal-Federation Of Jewish Philanthropies Of Ny](https://planprovider.pro/companies/united-jewish-appeal-federation-of-jewish-philanthropies-of-ny-plan) — 5,001 participants

- [Young Adult Institute, INC.](https://planprovider.pro/companies/young-adult-institute-inc-403b-plan) — 4,007 participants

- [Independent Support Services, INC.](https://planprovider.pro/companies/independent-support-services-inc-plan-001) — 3,627 participants

- [Independent Group Home Living Program, INC.](https://planprovider.pro/companies/independent-group-home-living-program-inc-403b-plan) — 3,448 participants

- [The Children'S Aid Society](https://planprovider.pro/companies/the-children-s-aid-society-403b-plan) — 3,293 participants

- [Rising Ground, INC.](https://planprovider.pro/companies/rising-ground-inc-plan) — 3,021 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/mercy-drive-inc-043831639-001)

© 2026 PlanProvider.Pro