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MERCHANTS RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameMERCHANTS RETIREMENT SAVINGS PLAN
Plan identification number 001

MERCHANTS RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

MERCHANTS BUILDING MAINT. CO. has sponsored the creation of one or more 401k plans.

Company Name:MERCHANTS BUILDING MAINT. CO.
Employer identification number (EIN):952626183
NAIC Classification:561110
NAIC Description:Office Administrative Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MERCHANTS RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JACOB HOLZKNECHT2024-09-13
0012022-01-01
0012021-01-01
0012020-01-01
0012020-01-01
0012020-01-01
0012019-01-01
0012019-01-01
0012019-01-01
0012018-01-01ANITA TEH2019-08-13
0012017-01-01ANITA TEH2018-10-11
0012016-01-01THEODORE HAAS
0012015-01-01THEODORE HAAS
0012014-01-01THEODORE HAAS
0012013-01-01THEODORE HAAS
0012012-01-01THEODORE HAAS
0012011-01-01THEODORE HAAS
0012009-01-01THEODORE HAAS

Plan Statistics for MERCHANTS RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for MERCHANTS RETIREMENT SAVINGS PLAN

Measure Date Value
2022: MERCHANTS RETIREMENT SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01807
Total number of active participants reported on line 7a of the Form 55002022-01-01767
Number of retired or separated participants receiving benefits2022-01-014
Number of other retired or separated participants entitled to future benefits2022-01-0125
Total of all active and inactive participants2022-01-01796
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01796
Number of participants with account balances2022-01-0187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: MERCHANTS RETIREMENT SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01669
Total number of active participants reported on line 7a of the Form 55002021-01-012,926
Number of retired or separated participants receiving benefits2021-01-012
Number of other retired or separated participants entitled to future benefits2021-01-0120
Total of all active and inactive participants2021-01-012,948
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-011
Total participants2021-01-012,949
Number of participants with account balances2021-01-0178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: MERCHANTS RETIREMENT SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01677
Total number of active participants reported on line 7a of the Form 55002020-01-01650
Number of retired or separated participants receiving benefits2020-01-012
Number of other retired or separated participants entitled to future benefits2020-01-0116
Total of all active and inactive participants2020-01-01668
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-01669
Number of participants with account balances2020-01-0178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: MERCHANTS RETIREMENT SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01601
Total number of active participants reported on line 7a of the Form 55002019-01-01654
Number of retired or separated participants receiving benefits2019-01-012
Number of other retired or separated participants entitled to future benefits2019-01-0118
Total of all active and inactive participants2019-01-01674
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-01675
Number of participants with account balances2019-01-0181
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2016: MERCHANTS RETIREMENT SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0171
Total number of active participants reported on line 7a of the Form 55002016-01-0156
Number of retired or separated participants receiving benefits2016-01-011
Number of other retired or separated participants entitled to future benefits2016-01-0115
Total of all active and inactive participants2016-01-0172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0172
Number of participants with account balances2016-01-0165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: MERCHANTS RETIREMENT SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0167
Total number of active participants reported on line 7a of the Form 55002015-01-0149
Number of retired or separated participants receiving benefits2015-01-011
Number of other retired or separated participants entitled to future benefits2015-01-0115
Total of all active and inactive participants2015-01-0165
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0165
Number of participants with account balances2015-01-0156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: MERCHANTS RETIREMENT SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0163
Total number of active participants reported on line 7a of the Form 55002014-01-0139
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0119
Total of all active and inactive participants2014-01-0158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0158
Number of participants with account balances2014-01-0155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
Number of employers contributing to the scheme2014-01-014
2013: MERCHANTS RETIREMENT SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0166
Total number of active participants reported on line 7a of the Form 55002013-01-0140
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0123
Total of all active and inactive participants2013-01-0163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0163
Number of participants with account balances2013-01-0156
Number of employers contributing to the scheme2013-01-014
2012: MERCHANTS RETIREMENT SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0169
Total number of active participants reported on line 7a of the Form 55002012-01-0145
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0121
Total of all active and inactive participants2012-01-0166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0166
Number of participants with account balances2012-01-0160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
Number of employers contributing to the scheme2012-01-014
2011: MERCHANTS RETIREMENT SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0171
Total number of active participants reported on line 7a of the Form 55002011-01-0154
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0115
Total of all active and inactive participants2011-01-0169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0169
Number of participants with account balances2011-01-0166
Number of employers contributing to the scheme2011-01-015
2009: MERCHANTS RETIREMENT SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0165
Total number of active participants reported on line 7a of the Form 55002009-01-0157
Number of other retired or separated participants entitled to future benefits2009-01-0114
Total of all active and inactive participants2009-01-0171
Total participants2009-01-0171
Number of participants with account balances2009-01-0167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-012

Financial Data on MERCHANTS RETIREMENT SAVINGS PLAN

Measure Date Value
2022 : MERCHANTS RETIREMENT SAVINGS PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$-768,439
Total of all expenses incurred2022-12-31$1,371,506
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,366,430
Expenses. Certain deemed distributions of participant loans2022-12-31$748
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$425,770
Value of total assets at end of year2022-12-31$5,305,649
Value of total assets at beginning of year2022-12-31$7,445,594
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$4,328
Total interest from all sources2022-12-31$3,519
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 year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$0
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$328,006
Participant contributions at end of year2022-12-31$107,696
Participant contributions at beginning of year2022-12-31$73,621
Participant contributions at end of year2022-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-2,139,945
Value of net assets at end of year (total assets less liabilities)2022-12-31$5,305,649
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$7,445,594
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$4,268,273
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$6,574,690
Interest on participant loans2022-12-31$3,519
Value of interest in common/collective trusts at end of year2022-12-31$929,680
Value of interest in common/collective trusts at beginning of year2022-12-31$797,283
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2022-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,197,728
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$97,764
Employer contributions (assets) at end of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,366,430
Contract administrator fees2022-12-31$4,328
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31ROSE, SNYDER & JACOBS LLP
Accountancy firm EIN2022-12-31454095250
2021 : MERCHANTS RETIREMENT SAVINGS PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$0
Total transfer of assets from this plan2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$1,514,598
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$608,252
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$576,004
Expenses. Certain deemed distributions of participant loans2021-12-31$22,069
Value of total corrective distributions2021-12-31$994
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$461,962
Value of total assets at end of year2021-12-31$7,445,594
Value of total assets at beginning of year2021-12-31$6,539,248
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$9,185
Total interest from all sources2021-12-31$3,053
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$449,915
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$449,915
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$355,828
Participant contributions at end of year2021-12-31$73,621
Participant contributions at beginning of year2021-12-31$68,296
Other income not declared elsewhere2021-12-31$46,998
Administrative expenses (other) incurred2021-12-31$9,185
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$906,346
Value of net assets at end of year (total assets less liabilities)2021-12-31$7,445,594
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$6,539,248
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$6,574,690
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$5,725,926
Interest on participant loans2021-12-31$3,053
Value of interest in common/collective trusts at end of year2021-12-31$797,283
Value of interest in common/collective trusts at beginning of year2021-12-31$745,026
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$543,433
Net investment gain or loss from common/collective trusts2021-12-31$9,237
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$106,134
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$576,004
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Disclaimer
Accountancy firm name2021-12-31ROSE, SNYDER & JACOBS LLP
Accountancy firm EIN2021-12-31454095250
2020 : MERCHANTS RETIREMENT SAVINGS PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$0
Total transfer of assets from this plan2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$1,416,717
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$269,856
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$269,529
Expenses. Certain deemed distributions of participant loans2020-12-31$137
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$447,471
Value of total assets at end of year2020-12-31$6,539,248
Value of total assets at beginning of year2020-12-31$5,392,387
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$190
Total interest from all sources2020-12-31$3,327
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$231,242
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$231,242
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$304,459
Participant contributions at end of year2020-12-31$68,296
Participant contributions at beginning of year2020-12-31$111,661
Administrative expenses (other) incurred2020-12-31$190
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,146,861
Value of net assets at end of year (total assets less liabilities)2020-12-31$6,539,248
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$5,392,387
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$5,725,926
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$5,280,726
Interest on participant loans2020-12-31$3,327
Value of interest in common/collective trusts at end of year2020-12-31$745,026
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$734,677
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$143,012
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$269,529
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31HKG LLP
Accountancy firm EIN2020-12-31954552788
2019 : MERCHANTS RETIREMENT SAVINGS PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$0
Total transfer of assets to this plan2019-12-31$0
Total transfer of assets from this plan2019-12-31$0
Total transfer of assets from this plan2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$1,559,959
Total income from all sources (including contributions)2019-12-31$1,559,959
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$249,054
Total of all expenses incurred2019-12-31$249,054
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$244,838
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$244,838
Expenses. Certain deemed distributions of participant loans2019-12-31$3,741
Expenses. Certain deemed distributions of participant loans2019-12-31$3,741
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$419,398
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$419,398
Value of total assets at end of year2019-12-31$5,392,387
Value of total assets at end of year2019-12-31$5,392,387
Value of total assets at beginning of year2019-12-31$4,081,482
Value of total assets at beginning of year2019-12-31$4,081,482
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$475
Total interest from all sources2019-12-31$4,004
Total interest from all sources2019-12-31$4,004
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$254,290
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$254,290
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$254,290
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$254,290
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$409,000
Value of fidelity bond cover2019-12-31$409,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$283,940
Contributions received from participants2019-12-31$283,940
Participant contributions at end of year2019-12-31$111,661
Participant contributions at end of year2019-12-31$111,661
Participant contributions at beginning of year2019-12-31$115,837
Participant contributions at beginning of year2019-12-31$115,837
Other income not declared elsewhere2019-12-31$26,000
Other income not declared elsewhere2019-12-31$26,000
Administrative expenses (other) incurred2019-12-31$475
Administrative expenses (other) incurred2019-12-31$475
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,310,905
Value of net income/loss2019-12-31$1,310,905
Value of net assets at end of year (total assets less liabilities)2019-12-31$5,392,387
Value of net assets at end of year (total assets less liabilities)2019-12-31$5,392,387
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$4,081,482
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$4,081,482
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$5,280,726
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$5,280,726
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$3,965,645
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$3,965,645
Interest on participant loans2019-12-31$4,004
Interest on participant loans2019-12-31$4,004
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$856,267
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$856,267
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$135,458
Contributions received in cash from employer2019-12-31$135,458
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$244,838
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$244,838
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31HKG LLP
Accountancy firm EIN2019-12-31954552788
2016 : MERCHANTS RETIREMENT SAVINGS PLAN 2016 401k financial data
Total income from all sources2016-12-31$484,329
Expenses. Total of all expenses incurred2016-12-31$104,181
Benefits paid (including direct rollovers)2016-12-31$104,086
Total plan assets at end of year2016-12-31$3,312,070
Total plan assets at beginning of year2016-12-31$2,931,922
Value of fidelity bond covering the plan2016-12-31$1,000,000
Total contributions received or receivable from participants2016-12-31$202,027
Contributions received from other sources (not participants or employers)2016-12-31$165,484
Other income received2016-12-31$26,036
Net income (gross income less expenses)2016-12-31$380,148
Net plan assets at end of year (total assets less liabilities)2016-12-31$3,312,070
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,931,922
Assets. Value of participant loans2016-12-31$45,305
Total contributions received or receivable from employer(s)2016-12-31$90,782
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$95
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : MERCHANTS RETIREMENT SAVINGS PLAN 2015 401k financial data
Total income from all sources2015-12-31$235,389
Expenses. Total of all expenses incurred2015-12-31$405,726
Benefits paid (including direct rollovers)2015-12-31$405,251
Total plan assets at end of year2015-12-31$2,931,922
Total plan assets at beginning of year2015-12-31$3,102,259
Value of fidelity bond covering the plan2015-12-31$1,000,000
Total contributions received or receivable from participants2015-12-31$186,719
Other income received2015-12-31$-25,179
Net income (gross income less expenses)2015-12-31$-170,337
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,931,922
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$3,102,259
Assets. Value of participant loans2015-12-31$54,258
Total contributions received or receivable from employer(s)2015-12-31$73,849
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$475
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : MERCHANTS RETIREMENT SAVINGS PLAN 2014 401k financial data
Total income from all sources2014-12-31$381,371
Expenses. Total of all expenses incurred2014-12-31$378,217
Benefits paid (including direct rollovers)2014-12-31$375,827
Total plan assets at end of year2014-12-31$3,102,259
Total plan assets at beginning of year2014-12-31$3,099,105
Value of fidelity bond covering the plan2014-12-31$1,000,000
Total contributions received or receivable from participants2014-12-31$166,708
Expenses. Other expenses not covered elsewhere2014-12-31$2,390
Other income received2014-12-31$149,490
Net income (gross income less expenses)2014-12-31$3,154
Net plan assets at end of year (total assets less liabilities)2014-12-31$3,102,259
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$3,099,105
Assets. Value of participant loans2014-12-31$22,702
Total contributions received or receivable from employer(s)2014-12-31$65,173
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : MERCHANTS RETIREMENT SAVINGS PLAN 2013 401k financial data
Total income from all sources2013-12-31$826,589
Expenses. Total of all expenses incurred2013-12-31$275,959
Benefits paid (including direct rollovers)2013-12-31$271,389
Total plan assets at end of year2013-12-31$3,099,105
Total plan assets at beginning of year2013-12-31$2,548,475
Value of fidelity bond covering the plan2013-12-31$1,000,000
Total contributions received or receivable from participants2013-12-31$172,357
Other income received2013-12-31$576,627
Net income (gross income less expenses)2013-12-31$550,630
Net plan assets at end of year (total assets less liabilities)2013-12-31$3,099,105
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$2,548,475
Assets. Value of participant loans2013-12-31$34,455
Total contributions received or receivable from employer(s)2013-12-31$77,605
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$4,570
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : MERCHANTS RETIREMENT SAVINGS PLAN 2012 401k financial data
Total income from all sources2012-12-31$594,681
Expenses. Total of all expenses incurred2012-12-31$293,816
Benefits paid (including direct rollovers)2012-12-31$292,724
Total plan assets at end of year2012-12-31$2,548,475
Total plan assets at beginning of year2012-12-31$2,247,610
Value of fidelity bond covering the plan2012-12-31$1,000,000
Total contributions received or receivable from participants2012-12-31$200,041
Other income received2012-12-31$315,116
Net income (gross income less expenses)2012-12-31$300,865
Net plan assets at end of year (total assets less liabilities)2012-12-31$2,548,475
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$2,247,610
Assets. Value of participant loans2012-12-31$66,770
Total contributions received or receivable from employer(s)2012-12-31$79,524
Value of certain deemed distributions of participant loans2012-12-31$522
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$570
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : MERCHANTS RETIREMENT SAVINGS PLAN 2011 401k financial data
Total income from all sources2011-12-31$111,227
Expenses. Total of all expenses incurred2011-12-31$209,724
Benefits paid (including direct rollovers)2011-12-31$209,344
Total plan assets at end of year2011-12-31$2,247,610
Total plan assets at beginning of year2011-12-31$2,346,107
Value of fidelity bond covering the plan2011-12-31$1,000,000
Total contributions received or receivable from participants2011-12-31$202,366
Other income received2011-12-31$-178,571
Net income (gross income less expenses)2011-12-31$-98,497
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,247,610
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,346,107
Assets. Value of participant loans2011-12-31$83,841
Total contributions received or receivable from employer(s)2011-12-31$87,432
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$380
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : MERCHANTS RETIREMENT SAVINGS PLAN 2010 401k financial data
Total income from all sources2010-12-31$551,314
Expenses. Total of all expenses incurred2010-12-31$258,947
Benefits paid (including direct rollovers)2010-12-31$258,259
Total plan assets at end of year2010-12-31$2,346,107
Total plan assets at beginning of year2010-12-31$2,053,740
Value of fidelity bond covering the plan2010-12-31$1,000,000
Total contributions received or receivable from participants2010-12-31$197,951
Other income received2010-12-31$259,571
Net income (gross income less expenses)2010-12-31$292,367
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,346,107
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$2,053,740
Assets. Value of participant loans2010-12-31$77,813
Total contributions received or receivable from employer(s)2010-12-31$93,792
Value of corrective distributions2010-12-31$308
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$380
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : MERCHANTS RETIREMENT SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for MERCHANTS RETIREMENT SAVINGS PLAN

2022: MERCHANTS RETIREMENT SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MERCHANTS RETIREMENT SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedYes
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MERCHANTS RETIREMENT SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedYes
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MERCHANTS RETIREMENT SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2016: MERCHANTS RETIREMENT SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MERCHANTS RETIREMENT SAVINGS PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MERCHANTS RETIREMENT SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entityMulti-employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MERCHANTS RETIREMENT SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entityMulti-employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MERCHANTS RETIREMENT SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entityMulti-employer plan
2012-01-01First time form 5500 has been submittedYes
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MERCHANTS RETIREMENT SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entityMulti-employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: MERCHANTS RETIREMENT SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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