401(k) · DOL Form 5500 · 2023

Mercantile Development, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
36
Participants Small participant base
48th
Percentile by assets National rank
$166,098
Avg per participant Above avg balance/head
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Official DOL plan name: Mercantile Development, Inc. Profit Sharing Plan · Sponsored by Mercantile Development, Inc. · Connecticut · Manufacturing

$6M in assets, 36 participants

Mercantile Development, Inc.'s Mercantile Development, Inc. Profit Sharing Plan reported $6M in total assets and 36 participants in its 2023 DOL Form 5500 filing, ranking in the 48th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,908 in Manufacturing (18,722 peers)

Mercantile Development, Inc. multi-year trail

Mercantile Development, Inc.'s plans moved +39.3% in assets from 2022 to 2024; this filing shows Mercantile Development, Inc. Profit Sharing Plan at $6M / 36 participants.

#5,908
in Manufacturing (18,722 peers)
+20.2%
assets growth YoY

Mercantile Development, Inc. Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Mercantile Development, Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,979,515 48th percentile higher than 48% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Mercantile Development, Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mercantile Development, Inc. Profit Sharing Plan is a small filing (36 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mercantile Development, Inc. Profit Sharing Plan reported net income rose from -$760K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Mercantile Development, Inc. Profit Sharing Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Mercantile Development, Inc. Profit Sharing Plan reported participants fell from 42 in the plan year 2022 filing to 36 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 131829483 · Mercantile Development, Inc. PY 2023 · 401(k)

Mercantile Development, Inc. Profit Sharing Plan · $6M · 36 · 48th

  • 5500 $6M
  • 5500 36
  • 5500 48th
  • 5500 401(k)
  • 5500 near Tax Defense Network 401(k) Plan
  • 5500 ind #5908

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Connecticut →

Mercantile Development, Inc. Profit Sharing Plan in the asset neighbourhood

Mercantile Development, Inc. Profit Sharing PlanMercantile Development, Inc.…$6MTax Defense Network 401(k) PlanTax Defense Network 401(k) P…$6MFortemedia Inc 401(k) Profit Sharing Plan & TrustFortemedia Inc 401(k) Profit…$6MCertified Languages International, LLC Employees Savings TrustCertified Languages Internat…$6ML & W Engineering, Inc. 401(k) PlanL & W Engineering, Inc. 401(…$6M
End-of-year total assets ($M) among Mercantile Development, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mercantile Development, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mercantile Development, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 39.27906455940846% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $4.97M $6.93M ▲ +39.4%
Year Plans Participants Total Assets
2022 1 42 $5M
2023 1 36 $6M
2024 1 34 $7M

Mercantile Development, Inc. filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$1M
Employer EIN131829483
Plan Effective Date1964-12-24
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Connecticut

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

Mercantile Development, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Mercantile Development, Inc. Profit Sharing Plan, Total assets ($B): 0.005979515 · Participants: 36Mercantile Development, Inc. Profit Sharing PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Mercantile Development, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Mercantile Development, Inc. Profit Sharing Plan side-by-side with 3 peers →

Mercantile Development, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Tax Defense Network 401(k) Plan in FL ($6M); by covered participants it is Btx Technologies, Inc. 401(k) Plan in NY (36 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (36 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mercantile Development, Inc. Profit Sharing Plan assets move in 2023? ▼
Mercantile Development, Inc. Profit Sharing Plan grew sharply - up 20.2% during 2023, from $5M to $6M. Reported net income was $1M.
How have Mercantile Development, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mercantile Development, Inc.'s sponsor-wide assets grew 39.3%, from $5M to $7M.
Which 401(k) plans are similar in size to Mercantile Development, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tax Defense Network 401(k) Plan in FL ($6M, 232 participants).
Which 401(k) plans cover a similar participant headcount to Mercantile Development, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Btx Technologies, Inc. 401(k) Plan in NY (36 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 131829483.

Read our methodology - how this data is sourced, computed, and verified.

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