401(k)
2022 plan-year 401(k) DOL Form 5500

Mercy Ridge, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Mercy Ridge, Inc. ยท Maryland ยท Healthcare & Social Assistance

What the 2023 filing shows

Mercy Ridge, Inc. 401(k) Plan holds $4M for 156 participants - about $23,030 per participant, down 23.3% over the 2022 plan year.

$4M
total plan assets (2022 EOY)
156
covered participants
$23,030
avg assets per participant
-23.3%
assets change YoY

The plan reported a net loss of $1M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$4M
Participants
156
State
Industry
Healthcare & Social Assistance

What the Filing Says About Mercy Ridge, Inc. 401(k) Plan

Mercy Ridge, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Mercy Ridge, Inc., headquartered in Maryland. As of the 2022 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 156 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 522097927, and the plan has been effective since 2002-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $5M at the beginning of 2022 to $4M at year-end โ€” a decline of 23.3%. Net assets (after liabilities) closed the year at $4M, with reported net income of $-1,092,450 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$5M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$-1,092,450
Plan Type401(k)
Employer EIN522097927
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Mercy Ridge, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Mercy Ridge, Inc. 401(k) Plan holds $4M in total assets with 156 participants. It is sponsored by Mercy Ridge, Inc..
What type of plan is Mercy Ridge, Inc. 401(k) Plan?
Mercy Ridge, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2002-01-01. The plan is filed with the U.S. Department of Labor under EIN 522097927.
Who sponsors the Mercy Ridge, Inc. 401(k) Plan?
Mercy Ridge, Inc. 401(k) Plan is sponsored by Mercy Ridge, Inc., located in Maryland. The sponsor's EIN is 522097927 and the plan operates in the Healthcare & Social Assistance industry.
How did Mercy Ridge, Inc. 401(k) Plan perform in 2022?
Mercy Ridge, Inc. 401(k) Plan declined by 23.3% during 2022, moving from $5M to $4M in total assets. Net income was $-1,092,450.
Where can I find official filings for Mercy Ridge, Inc. 401(k) Plan?
Official Form 5500 filings for Mercy Ridge, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 522097927 or plan name at efast.dol.gov.
How does Mercy Ridge, Inc. 401(k) Plan compare to other plans?
You can compare Mercy Ridge, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 522097927.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.