MERCK SHARP & DOHME LLC has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : MERCK RETIREE MEDICAL PLAN 2022 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $984 |
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $984 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $1,010,489 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $3,741,463 |
Total income from all sources (including contributions) | 2022-12-31 | $57,804,727 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $66,388,596 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $65,027,781 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $57,776,709 |
Value of total assets at end of year | 2022-12-31 | $5,447,683 |
Value of total assets at beginning of year | 2022-12-31 | $16,762,526 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,360,815 |
Total interest from all sources | 2022-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $45,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $18,509,002 |
Participant contributions at end of year | 2022-12-31 | $1,733,805 |
Participant contributions at beginning of year | 2022-12-31 | $1,739,381 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $3,493,762 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $3,817,628 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $1,010,489 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $3,741,463 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-8,583,869 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $4,437,194 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $13,021,063 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $220,116 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $11,205,517 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $429,087 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $27,034 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $39,267,707 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $64,598,694 |
Contract administrator fees | 2022-12-31 | $1,360,815 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | PRICEWATERHOUSECOOPERS LLP |
Accountancy firm EIN | 2022-12-31 | 134008324 |
2021 : MERCK RETIREE MEDICAL PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $3,741,463 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $2,441,199 |
Total income from all sources (including contributions) | 2021-12-31 | $38,957,955 |
Total loss/gain on sale of assets | 2021-12-31 | $1,524 |
Total of all expenses incurred | 2021-12-31 | $59,315,533 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $57,878,485 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $38,954,139 |
Value of total assets at end of year | 2021-12-31 | $16,762,526 |
Value of total assets at beginning of year | 2021-12-31 | $35,819,840 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,437,048 |
Total interest from all sources | 2021-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $45,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $19,405,635 |
Participant contributions at end of year | 2021-12-31 | $1,739,381 |
Participant contributions at beginning of year | 2021-12-31 | $1,382,454 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $3,817,628 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $3,384,216 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $3,741,463 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $2,441,199 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $-20,357,578 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $13,021,063 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $33,378,641 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $11,205,517 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $13,644,045 |
Value of interest in master investment trust accounts at end of year | 2021-12-31 | $0 |
Value of interest in master investment trust accounts at beginning of year | 2021-12-31 | $17,409,125 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $412,973 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $2,292 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $19,548,504 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $57,465,512 |
Contract administrator fees | 2021-12-31 | $1,437,048 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Aggregate proceeds on sale of assets | 2021-12-31 | $1,524 |
Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | PRICEWATERHOUSECOOPERS LLP |
Accountancy firm EIN | 2021-12-31 | 134008324 |
2020 : MERCK RETIREE MEDICAL PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $86,445 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $2,441,199 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $5,985,517 |
Total income from all sources (including contributions) | 2020-12-31 | $32,783,095 |
Total loss/gain on sale of assets | 2020-12-31 | $16,100 |
Total of all expenses incurred | 2020-12-31 | $49,808,389 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $49,238,670 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $31,867,795 |
Value of total assets at end of year | 2020-12-31 | $35,819,840 |
Value of total assets at beginning of year | 2020-12-31 | $56,303,007 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $569,719 |
Total interest from all sources | 2020-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $250 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $45,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $19,432,579 |
Participant contributions at end of year | 2020-12-31 | $1,382,454 |
Participant contributions at beginning of year | 2020-12-31 | $1,466,106 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $3,384,216 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $2,774,471 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $2,441,199 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $5,303,105 |
Liabilities. Value of operating payables at end of year | 2020-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $682,412 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $-17,025,294 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $33,378,641 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $50,317,490 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $13,644,045 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $23,617,130 |
Value of interest in master investment trust accounts at end of year | 2020-12-31 | $17,409,125 |
Value of interest in master investment trust accounts at beginning of year | 2020-12-31 | $28,445,300 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $131,630 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $79,631 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $12,435,216 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $49,107,040 |
Contract administrator fees | 2020-12-31 | $569,469 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Aggregate proceeds on sale of assets | 2020-12-31 | $16,100 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $0 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | PRICEWATERHOUSECOOPERS LLP |
Accountancy firm EIN | 2020-12-31 | 134008324 |
2019 : MERCK RETIREE MEDICAL PLAN 2019 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $-1,720 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $-1,720 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $5,985,517 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $7,492,352 |
Total income from all sources (including contributions) | 2019-12-31 | $23,311,076 |
Total loss/gain on sale of assets | 2019-12-31 | $52,739 |
Total of all expenses incurred | 2019-12-31 | $42,617,825 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $41,795,870 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $21,881,544 |
Value of total assets at end of year | 2019-12-31 | $56,303,007 |
Value of total assets at beginning of year | 2019-12-31 | $77,116,591 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $821,955 |
Total interest from all sources | 2019-12-31 | $1 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Administrative expenses professional fees incurred | 2019-12-31 | $1,169 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $45,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $20,582,721 |
Participant contributions at end of year | 2019-12-31 | $1,466,106 |
Participant contributions at beginning of year | 2019-12-31 | $1,626,660 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $2,774,471 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $1,218,461 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $5,303,105 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $6,808,596 |
Liabilities. Value of operating payables at end of year | 2019-12-31 | $682,412 |
Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $683,756 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $-19,306,749 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $50,317,490 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $69,624,239 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $23,617,130 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $34,694,062 |
Value of interest in master investment trust accounts at end of year | 2019-12-31 | $28,445,300 |
Value of interest in master investment trust accounts at beginning of year | 2019-12-31 | $39,561,713 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $15,695 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $15,695 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $1 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $32,684 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $615,490 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $1,298,823 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $41,763,186 |
Contract administrator fees | 2019-12-31 | $820,786 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Aggregate proceeds on sale of assets | 2019-12-31 | $53,076 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $337 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | PRICEWATERHOUSECOOPERS LLP |
Accountancy firm EIN | 2019-12-31 | 134008324 |
2018 : MERCK RETIREE MEDICAL PLAN 2018 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-1,208 |
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-1,208 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $7,492,352 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $15,451,033 |
Total income from all sources (including contributions) | 2018-12-31 | $24,323,632 |
Total loss/gain on sale of assets | 2018-12-31 | $71,009 |
Total of all expenses incurred | 2018-12-31 | $39,779,912 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $38,931,125 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $22,804,862 |
Value of total assets at end of year | 2018-12-31 | $77,116,591 |
Value of total assets at beginning of year | 2018-12-31 | $100,531,552 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $848,787 |
Total interest from all sources | 2018-12-31 | $2 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $381 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $45,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $21,473,837 |
Participant contributions at end of year | 2018-12-31 | $1,626,660 |
Participant contributions at beginning of year | 2018-12-31 | $1,636,252 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $1,218,461 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $2,079,508 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $6,808,596 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $14,659,720 |
Liabilities. Value of operating payables at end of year | 2018-12-31 | $683,756 |
Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $791,313 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-15,456,280 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $69,624,239 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $85,080,519 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $34,694,062 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $46,734,580 |
Value of interest in master investment trust accounts at end of year | 2018-12-31 | $39,561,713 |
Value of interest in master investment trust accounts at beginning of year | 2018-12-31 | $50,065,114 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $15,695 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $16,098 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $16,098 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $2 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $57,851 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $718,593 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $1,331,025 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $38,873,274 |
Contract administrator fees | 2018-12-31 | $848,406 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Aggregate proceeds on sale of assets | 2018-12-31 | $71,009 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | PRICEWATERHOUSECOOPERS LLP |
Accountancy firm EIN | 2018-12-31 | 134008324 |
2017 : MERCK RETIREE MEDICAL PLAN 2017 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $1,631 |
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $1,631 |
Total transfer of assets to this plan | 2017-12-31 | $141,169,572 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $15,451,033 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $28,119,711 |
Total loss/gain on sale of assets | 2017-12-31 | $68,154 |
Total of all expenses incurred | 2017-12-31 | $84,208,764 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $81,973,095 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $27,285,905 |
Value of total assets at end of year | 2017-12-31 | $100,531,552 |
Value of total assets at beginning of year | 2017-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $2,235,669 |
Total interest from all sources | 2017-12-31 | $270 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Administrative expenses professional fees incurred | 2017-12-31 | $23,816 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $45,000,000 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $21,223,267 |
Participant contributions at end of year | 2017-12-31 | $1,636,252 |
Participant contributions at beginning of year | 2017-12-31 | $0 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-12-31 | $32,848,325 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $2,079,508 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $14,659,720 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $0 |
Liabilities. Value of operating payables at end of year | 2017-12-31 | $791,313 |
Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $-56,089,053 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $85,080,519 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $0 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $46,734,580 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $0 |
Interest earned on other investments | 2017-12-31 | $269 |
Value of interest in master investment trust accounts at end of year | 2017-12-31 | $50,065,114 |
Value of interest in master investment trust accounts at beginning of year | 2017-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $16,098 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $1 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $335,291 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $358,953 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $6,062,638 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $48,789,479 |
Contract administrator fees | 2017-12-31 | $2,211,853 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Aggregate proceeds on sale of assets | 2017-12-31 | $78,804 |
Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $10,650 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | PRICEWATERHOUSECOOPERS LLP |
Accountancy firm EIN | 2017-12-31 | 134008324 |