401(k) · DOL Form 5500 · 2024
Merit Energy Company, LLC 401(k) Plan
Data updated 2026-08-11
- $277M
- Total assets
- 847
- Participants
- 95th
- Percentile by assets
- $327,402
- Avg per participant
Official DOL plan name: Merit Energy Company Savings Trust · Sponsored by Merit Energy Company, LLC · Texas · Mining & Oil Extraction
$277M in assets, 847 participants
Merit Energy Company, LLC's Merit Energy Company Savings Trust reported $277M in total assets and 847 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 123,622 plans)
- #720 in Mining & Oil Extraction (785 peers)
Where Merit Energy Company Savings Trust sits by assets
Merit Energy Company Savings Trust sits in the top 5% of all filed plans by assets, $277M for 847 participants (~$327,402/participant), up 19.1% in 2024.
- $277M
- total plan assets (2024 EOY)
- 847
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $327,402
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Merit Energy Company Savings Trust end-of-year assets rose from $233M in the plan year 2023 filing to $277M in the plan year 2024 filing.
- Merit Energy Company Savings Trust reported net income fell from $50M in the plan year 2023 filing to $44M in the plan year 2024 filing.
- Merit Energy Company Savings Trust reported participants rose from 807 in the plan year 2023 filing to 847 in the plan year 2024 filing.
Merit Energy Company Savings Trust vs the 2024 asset distribution
By assets, Merit Energy Company Savings Trust outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.8x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $233M |
|---|---|
| Net Assets (End of Year) | $277M |
| Net Income | $44M |
| Employer EIN | 752280562 |
| Plan Effective Date | 1990-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Merit Energy Company, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 814 | $183M |
| 2023 | 1 | 807 | $233M |
| 2024 | 1 | 847 | $277M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Merit Energy Company Savings Trust vs. nearby 401(k) plans in Texas, assets vs. participants
- AT&T Retirement Savings Plan $43.1B · 109,889
- Exxonmobil Savings Plan $23.7B · 21,990
- Chevron Employee Savings Investment Plan $20.4B · 21,505
- Caterpillar 401(k) Savings Plan $18.8B · 43,873
- Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Merit Energy Company Savings Trust by total assets, not by location.
- Colsa Corporation 401(k) Profit Sharing Plan (AL) $277M · 1,467
- Resideo Technologies, Inc. 401(k) Plan (AZ) $277M · 3,030
- Barr Engineering Co. Retirement Savings Plan (MN) $277M · 1,032
- Macom Technology Solutions Holdings, Inc. 401(k) Plan (MA) $277M · 1,231
Frequently Asked Questions
How did Merit Energy Company Savings Trust assets move in 2024? ▼
How have Merit Energy Company, LLC plan assets changed over time? ▼
Where does Merit Energy Company Savings Trust rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Merit Energy Company Savings Trust? ▼
Next read for Merit Energy Company Savings Trust
Scale reading
Ways to act on Merit Energy Company Savings Trust's numbers.
- By total assets, Merit Energy Company Savings Trust ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Merit Energy Company, LLC's sponsor-wide assets have grown 51.3% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans