Plan Snapshot
- Plan Sponsor: Merz, Incorporated
- Sponsor EIN: 561540459
- Sponsor Address: 6501 SIX FORKS ROAD, RALEIGH, NC, 27615
- Plan Type: 401(k)
- Total Participants: 1,167
- Total Assets: $237.0M
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 | 1,167 | $237.0M | $16.1M | $14.5M |
| 2023 | 1,051 | $195.9M | $14.0M | $12.8M |
| 2022 | 993 | $155.8M | $12.9M | $11.0M |
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 |
|---|---|---|---|---|
| BDO USA, P.C | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C — 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 | $142,648 | $26,748 | — | — | — |
| 2023 | $152,082 | $20,061 | $96,805 | — | — |
| 2022 | $162,103 | $26,748 | — | — | $135,355 |