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MERZ, INCORPORATED 401(K) PLAN 401k Plan overview

Plan NameMERZ, INCORPORATED 401(K) PLAN
Plan identification number 001

MERZ, INCORPORATED 401(K) 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

MERZ, INC. has sponsored the creation of one or more 401k plans.

Company Name:MERZ, INC.
Employer identification number (EIN):561540459
NAIC Classification:424210
NAIC Description:Drugs and Druggists' Sundries Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MERZ, INCORPORATED 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01ROBERT BURGESS
0012011-01-01ROBERT BURGESS
0012010-01-01ROBERT BURGESS
0012009-01-01ROBERT BURGESS ROBERT BURGESS2010-10-14
0012009-01-01ROBERT BURGESS ROBERT BURGESS2010-10-14

Plan Statistics for MERZ, INCORPORATED 401(K) PLAN

401k plan membership statisitcs for MERZ, INCORPORATED 401(K) PLAN

Measure Date Value
2012: MERZ, INCORPORATED 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01291
Total number of active participants reported on line 7a of the Form 55002012-01-01203
Number of retired or separated participants receiving benefits2012-01-011
Number of other retired or separated participants entitled to future benefits2012-01-0193
Total of all active and inactive participants2012-01-01297
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01297
Number of participants with account balances2012-01-01283
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0138
2011: MERZ, INCORPORATED 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01277
Total number of active participants reported on line 7a of the Form 55002011-01-01227
Number of retired or separated participants receiving benefits2011-01-011
Number of other retired or separated participants entitled to future benefits2011-01-0163
Total of all active and inactive participants2011-01-01291
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01291
Number of participants with account balances2011-01-01272
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0114
2010: MERZ, INCORPORATED 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01272
Total number of active participants reported on line 7a of the Form 55002010-01-01231
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0146
Total of all active and inactive participants2010-01-01277
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01277
Number of participants with account balances2010-01-01244
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0110
2009: MERZ, INCORPORATED 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01268
Total number of active participants reported on line 7a of the Form 55002009-01-01203
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-0168
Total of all active and inactive participants2009-01-01272
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01272
Number of participants with account balances2009-01-01218
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-015

Financial Data on MERZ, INCORPORATED 401(K) PLAN

Measure Date Value
2012 : MERZ, INCORPORATED 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$19,106
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$6,108,012
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$2,849,359
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$2,846,089
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$4,221,972
Value of total assets at end of year2012-12-31$20,846,243
Value of total assets at beginning of year2012-12-31$17,568,484
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$3,270
Total interest from all sources2012-12-31$11,437
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$232,521
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$232,521
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$2,118,114
Participant contributions at end of year2012-12-31$330,983
Participant contributions at beginning of year2012-12-31$304,330
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$80,326
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$9,062
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$8,918
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$3,270
Other income not declared elsewhere2012-12-31$76
Administrative expenses (other) incurred2012-12-31$3,270
Total non interest bearing cash at end of year2012-12-31$76
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$3,258,653
Value of net assets at end of year (total assets less liabilities)2012-12-31$20,827,137
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$17,568,484
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$17,093,785
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$14,023,422
Interest on participant loans2012-12-31$11,437
Value of interest in common/collective trusts at end of year2012-12-31$2,494,842
Value of interest in common/collective trusts at beginning of year2012-12-31$2,277,529
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$1,576,678
Net investment gain or loss from common/collective trusts2012-12-31$65,328
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$2,023,532
Employer contributions (assets) at end of year2012-12-31$917,495
Employer contributions (assets) at beginning of year2012-12-31$954,285
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$2,846,089
Liabilities. Value of benefit claims payable at end of year2012-12-31$15,836
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31MCGLADREY LLP
Accountancy firm EIN2012-12-31420714325
2011 : MERZ, INCORPORATED 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$3,871,605
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$774,823
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$772,021
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$4,182,508
Value of total assets at end of year2011-12-31$17,568,484
Value of total assets at beginning of year2011-12-31$14,471,702
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$2,802
Total interest from all sources2011-12-31$11,968
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$166,168
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$166,168
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$2,014,710
Participant contributions at end of year2011-12-31$304,330
Participant contributions at beginning of year2011-12-31$298,203
Participant contributions at beginning of year2011-12-31$169
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$106,122
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$8,918
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$10,136
Administrative expenses (other) incurred2011-12-31$2,802
Total non interest bearing cash at beginning of year2011-12-31$75
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$3,096,782
Value of net assets at end of year (total assets less liabilities)2011-12-31$17,568,484
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$14,471,702
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$14,023,422
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$11,827,784
Interest on participant loans2011-12-31$11,968
Value of interest in common/collective trusts at end of year2011-12-31$2,277,529
Value of interest in common/collective trusts at beginning of year2011-12-31$1,569,714
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-563,178
Net investment gain or loss from common/collective trusts2011-12-31$74,139
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$2,061,676
Employer contributions (assets) at end of year2011-12-31$954,285
Employer contributions (assets) at beginning of year2011-12-31$765,621
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$772,021
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31MCGLADREY LLP
Accountancy firm EIN2011-12-31420714325
2010 : MERZ, INCORPORATED 401(K) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$4,235,920
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$1,561,069
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,558,404
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,892,505
Value of total assets at end of year2010-12-31$14,471,702
Value of total assets at beginning of year2010-12-31$11,796,851
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$2,665
Total interest from all sources2010-12-31$10,001
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$132,717
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$132,717
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,364,645
Participant contributions at end of year2010-12-31$298,203
Participant contributions at beginning of year2010-12-31$183,848
Participant contributions at end of year2010-12-31$169
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$272,829
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$10,136
Administrative expenses (other) incurred2010-12-31$2,665
Total non interest bearing cash at end of year2010-12-31$75
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$2,674,851
Value of net assets at end of year (total assets less liabilities)2010-12-31$14,471,702
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$11,796,851
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$11,827,784
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$9,457,955
Interest on participant loans2010-12-31$10,001
Value of interest in common/collective trusts at end of year2010-12-31$1,569,714
Value of interest in common/collective trusts at beginning of year2010-12-31$1,650,772
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$62
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$62
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$1,042,832
Net investment gain or loss from common/collective trusts2010-12-31$157,865
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$1,255,031
Employer contributions (assets) at end of year2010-12-31$765,621
Employer contributions (assets) at beginning of year2010-12-31$504,214
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,558,404
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31Yes
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31MCGLADREY & PULLEN, LLP
Accountancy firm EIN2010-12-31420714325
2009 : MERZ, INCORPORATED 401(K) 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 MERZ, INCORPORATED 401(K) PLAN

2012: MERZ, INCORPORATED 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
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 planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MERZ, INCORPORATED 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle 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 planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: MERZ, INCORPORATED 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: MERZ, INCORPORATED 401(K) 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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