Plan Snapshot
- Plan Sponsor: Merrick Hardwoods, INC.
- Sponsor EIN: 010548405
- Sponsor Address: 138 EAST ANTIOCH DRIVE, BURNSIDE, KY, 42519
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $8.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 221 | $8.4M | $166,217 | $382,982 |
| 2023 | 233 | $10.1M | $152,206 | $349,975 |
| 2022 | 223 | $9.1M | $28,768 | $56,552 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
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 | $18,792 | $3,886 | — | — | — |
| 2023 | $22,283 | $4,786 | — | — | — |
| 2022 | $125 | — | — | — | — |