Plan Snapshot
- Plan Sponsor: Merit Construction, INC.
- Sponsor EIN: 621143997
- Sponsor Address: 10435 DUTCHTOWN RD., KNOXVILLE, TN, 37932
- Plan Type: 401(k)
- Total Participants: 82
- Total Assets: $11.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 82 | $11.5M | $144,314 | $287,182 |
| 2023 | 73 | $9.1M | $125,403 | $248,251 |
| 2022 | 66 | $10.1M | $88,299 | $251,237 |