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

403(b) Retirement Plan of Mercy

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

Sponsored by Mercy Ships ยท Texas ยท Agriculture, Forestry & Fishing

What the 2023 filing shows

403(b) Retirement Plan of Mercy holds $5M for 310 participants - about $15,057 per participant, up 7.5% over the 2022 plan year.

$5M
total plan assets (2022 EOY)
310
covered participants
$15,057
avg assets per participant
+7.5%
assets growth YoY
Total Assets (2023)
$5M
Participants
310
State
Industry
Agriculture, Forestry & Fishing

What the Filing Says About 403(b) Retirement Plan of Mercy

403(b) Retirement Plan of Mercy is a 401(k) retirement plan sponsored by Mercy Ships, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $5M in total end-of-year assets and covers 310 participants across the Agriculture, Forestry & Fishing industry. The sponsor's EIN on file with the U.S. Department of Labor is 262414132, and the plan has been effective since 2019-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2022 to $5M at year-end โ€” a gain of 7.5%. Net assets (after liabilities) closed the year at $5M, with reported net income of $307K 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$4M
Total Assets (End of Year)$5M
Net Assets (End of Year)$5M
Net Income$307K
Plan Type401(k)
Employer EIN262414132
Plan Effective Date2019-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mercy Ships)

Year Plans Participants Total Assets
2022 1 310 $5M
2023 1 356 $7M
2024 1 402 $9M

Nearby 401(k) Plans in Texas

Peer 401(k) plans โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the 403(b) Retirement Plan of Mercy?
As of the 2022 Form 5500 filing, 403(b) Retirement Plan of Mercy holds $5M in total assets with 310 participants. It is sponsored by Mercy Ships.
What type of plan is 403(b) Retirement Plan of Mercy?
403(b) Retirement Plan of Mercy is a 401(k) plan. It has been effective since 2019-02-01. The plan is filed with the U.S. Department of Labor under EIN 262414132.
Who sponsors the 403(b) Retirement Plan of Mercy?
403(b) Retirement Plan of Mercy is sponsored by Mercy Ships, located in Texas. The sponsor's EIN is 262414132 and the plan operates in the Agriculture, Forestry & Fishing industry.
How did 403(b) Retirement Plan of Mercy perform in 2022?
403(b) Retirement Plan of Mercy grew by 7.5% during 2022, moving from $4M to $5M in total assets. Net income was $307K.
Where can I find official filings for 403(b) Retirement Plan of Mercy?
Official Form 5500 filings for 403(b) Retirement Plan of Mercy are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 262414132 or plan name at efast.dol.gov.
How does 403(b) Retirement Plan of Mercy compare to other plans?
You can compare 403(b) Retirement Plan of Mercy against other 401(k) plans on the plan type page, or view plans in Texas 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 262414132.

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.