Berk, Merchant & Sims PLC
Plan context: BERK, MERCHANT & SIMS, PLC 401(K) PLAN
EIN 20-3380304 • Coral Gables, FL • 36 filings • 4 plans
Current Snapshot
Latest Year
2024
2024 Participants
44
2024 Assets
$8,514,720
2024 Contributions
$1,156,433
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 3 | 44 | $8,514,720 | $1,156,433 | $26,283iApproximate average salary by contribution assumption: employee only about $657,064 at 4% or $438,043 at 6%; with 50% employer match about $438,043 at 4% or $292,029 at 6%; with 100% employer match about $328,532 at 4% or $219,021 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 44 | $5,181,087 | $445,102 | $10,116iApproximate average salary by contribution assumption: employee only about $252,899 at 4% or $168,599 at 6%; with 50% employer match about $168,599 at 4% or $112,399 at 6%; with 100% employer match about $126,449 at 4% or $84,300 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 38 | $3,283,937 | $404,405 | $10,642iApproximate average salary by contribution assumption: employee only about $266,056 at 4% or $177,371 at 6%; with 50% employer match about $177,371 at 4% or $118,247 at 6%; with 100% employer match about $133,028 at 4% or $88,685 at 6%. |
| BERK, MERCHANT & SIMS, PLC GHT BENEFIT PLAN | - | 31 | $49,696 | $306,926 | $9,901iApproximate average salary by contribution assumption: employee only about $247,521 at 4% or $165,014 at 6%; with 50% employer match about $165,014 at 4% or $110,009 at 6%; with 100% employer match about $123,760 at 4% or $82,507 at 6%. |
| 2023 | 3 | 44 | $9,251,637 | $1,704,587 | $38,741iApproximate average salary by contribution assumption: employee only about $968,515 at 4% or $645,677 at 6%; with 50% employer match about $645,677 at 4% or $430,451 at 6%; with 100% employer match about $484,258 at 4% or $322,838 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 42 | $4,970,519 | $548,992 | $13,071iApproximate average salary by contribution assumption: employee only about $326,781 at 4% or $217,854 at 6%; with 50% employer match about $217,854 at 4% or $145,236 at 6%; with 100% employer match about $163,390 at 4% or $108,927 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 44 | $4,237,850 | $835,533 | $18,989iApproximate average salary by contribution assumption: employee only about $474,735 at 4% or $316,490 at 6%; with 50% employer match about $316,490 at 4% or $210,993 at 6%; with 100% employer match about $237,367 at 4% or $158,245 at 6%. |
| BERK, MERCHANT & SIMS, PLC GHT BENEFIT PLAN | - | 29 | $43,268 | $320,062 | $11,037iApproximate average salary by contribution assumption: employee only about $275,916 at 4% or $183,944 at 6%; with 50% employer match about $183,944 at 4% or $122,629 at 6%; with 100% employer match about $137,958 at 4% or $91,972 at 6%. |
| 2022 | 3 | 45 | $8,981,323 | $686,484 | $15,255iApproximate average salary by contribution assumption: employee only about $381,380 at 4% or $254,253 at 6%; with 50% employer match about $254,253 at 4% or $169,502 at 6%; with 100% employer match about $190,690 at 4% or $127,127 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 45 | $5,028,459 | $143,250 | $3,183iApproximate average salary by contribution assumption: employee only about $79,583 at 4% or $53,056 at 6%; with 50% employer match about $53,056 at 4% or $35,370 at 6%; with 100% employer match about $39,792 at 4% or $26,528 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 40 | $3,928,736 | $241,084 | $6,027iApproximate average salary by contribution assumption: employee only about $150,678 at 4% or $100,452 at 6%; with 50% employer match about $100,452 at 4% or $66,968 at 6%; with 100% employer match about $75,339 at 4% or $50,226 at 6%. |
| BERK, MERCHANT & SIMS, PLC GHT BENEFIT PLAN | - | 34 | $24,128 | $302,150 | $8,887iApproximate average salary by contribution assumption: employee only about $222,169 at 4% or $148,113 at 6%; with 50% employer match about $148,113 at 4% or $98,742 at 6%; with 100% employer match about $111,085 at 4% or $74,056 at 6%. |
| 2021 | 3 | 40 | $10,451,916 | $1,059,973 | $26,499iApproximate average salary by contribution assumption: employee only about $662,483 at 4% or $441,655 at 6%; with 50% employer match about $441,655 at 4% or $294,437 at 6%; with 100% employer match about $331,242 at 4% or $220,828 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 40 | $5,956,875 | $450,367 | $11,259iApproximate average salary by contribution assumption: employee only about $281,479 at 4% or $187,653 at 6%; with 50% employer match about $187,653 at 4% or $125,102 at 6%; with 100% employer match about $140,740 at 4% or $93,826 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 37 | $4,438,569 | $450,691 | $12,181iApproximate average salary by contribution assumption: employee only about $304,521 at 4% or $203,014 at 6%; with 50% employer match about $203,014 at 4% or $135,343 at 6%; with 100% employer match about $152,260 at 4% or $101,507 at 6%. |
| BERK, MERCHANT & SIMS, PLC GHT BENEFIT PLAN | - | 37 | $56,472 | $158,915 | $4,295iApproximate average salary by contribution assumption: employee only about $107,375 at 4% or $71,583 at 6%; with 50% employer match about $71,583 at 4% or $47,722 at 6%; with 100% employer match about $53,688 at 4% or $35,792 at 6%. |
| 2020 | 2 | 43 | $8,601,047 | $685,053 | $15,931iApproximate average salary by contribution assumption: employee only about $398,287 at 4% or $265,524 at 6%; with 50% employer match about $265,524 at 4% or $177,016 at 6%; with 100% employer match about $199,143 at 4% or $132,762 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 43 | $4,957,468 | $360,258 | $8,378iApproximate average salary by contribution assumption: employee only about $209,452 at 4% or $139,635 at 6%; with 50% employer match about $139,635 at 4% or $93,090 at 6%; with 100% employer match about $104,726 at 4% or $69,817 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 38 | $3,643,579 | $324,795 | $8,547iApproximate average salary by contribution assumption: employee only about $213,681 at 4% or $142,454 at 6%; with 50% employer match about $142,454 at 4% or $94,969 at 6%; with 100% employer match about $106,840 at 4% or $71,227 at 6%. |
| 2019 | 2 | 36 | $7,013,992 | $677,908 | $18,831iApproximate average salary by contribution assumption: employee only about $470,769 at 4% or $313,846 at 6%; with 50% employer match about $313,846 at 4% or $209,231 at 6%; with 100% employer match about $235,385 at 4% or $156,923 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 36 | $4,026,033 | $355,405 | $9,872iApproximate average salary by contribution assumption: employee only about $246,809 at 4% or $164,539 at 6%; with 50% employer match about $164,539 at 4% or $109,693 at 6%; with 100% employer match about $123,405 at 4% or $82,270 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 33 | $2,987,959 | $322,503 | $9,773iApproximate average salary by contribution assumption: employee only about $244,320 at 4% or $162,880 at 6%; with 50% employer match about $162,880 at 4% or $108,587 at 6%; with 100% employer match about $122,160 at 4% or $81,440 at 6%. |
| 2018 | 2 | 38 | $5,406,677 | $544,515 | $14,329iApproximate average salary by contribution assumption: employee only about $358,234 at 4% or $238,822 at 6%; with 50% employer match about $238,822 at 4% or $159,215 at 6%; with 100% employer match about $179,117 at 4% or $119,411 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 38 | $3,107,296 | $292,700 | $7,703iApproximate average salary by contribution assumption: employee only about $192,566 at 4% or $128,377 at 6%; with 50% employer match about $128,377 at 4% or $85,585 at 6%; with 100% employer match about $96,283 at 4% or $64,189 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 35 | $2,299,381 | $251,815 | $7,195iApproximate average salary by contribution assumption: employee only about $179,868 at 4% or $119,912 at 6%; with 50% employer match about $119,912 at 4% or $79,941 at 6%; with 100% employer match about $89,934 at 4% or $59,956 at 6%. |
| 2017 | 2 | 35 | $5,166,130 | $426,158 | $12,176iApproximate average salary by contribution assumption: employee only about $304,399 at 4% or $202,932 at 6%; with 50% employer match about $202,932 at 4% or $135,288 at 6%; with 100% employer match about $152,199 at 4% or $101,466 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 35 | $2,974,636 | $182,847 | $5,224iApproximate average salary by contribution assumption: employee only about $130,605 at 4% or $87,070 at 6%; with 50% employer match about $87,070 at 4% or $58,047 at 6%; with 100% employer match about $65,303 at 4% or $43,535 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 32 | $2,191,494 | $243,311 | $7,603iApproximate average salary by contribution assumption: employee only about $190,087 at 4% or $126,724 at 6%; with 50% employer match about $126,724 at 4% or $84,483 at 6%; with 100% employer match about $95,043 at 4% or $63,362 at 6%. |
| 2016 | 2 | 38 | $4,166,618 | $441,396 | $11,616iApproximate average salary by contribution assumption: employee only about $290,392 at 4% or $193,595 at 6%; with 50% employer match about $193,595 at 4% or $129,063 at 6%; with 100% employer match about $145,196 at 4% or $96,797 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 38 | $2,455,989 | $197,338 | $5,193iApproximate average salary by contribution assumption: employee only about $129,828 at 4% or $86,552 at 6%; with 50% employer match about $86,552 at 4% or $57,701 at 6%; with 100% employer match about $64,914 at 4% or $43,276 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 29 | $1,710,629 | $244,058 | $8,416iApproximate average salary by contribution assumption: employee only about $210,395 at 4% or $140,263 at 6%; with 50% employer match about $140,263 at 4% or $93,509 at 6%; with 100% employer match about $105,197 at 4% or $70,132 at 6%. |
| 2015 | 2 | 37 | $3,879,838 | $545,404 | $14,741iApproximate average salary by contribution assumption: employee only about $368,516 at 4% or $245,677 at 6%; with 50% employer match about $245,677 at 4% or $163,785 at 6%; with 100% employer match about $184,258 at 4% or $122,839 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 37 | $2,501,238 | $207,451 | $5,607iApproximate average salary by contribution assumption: employee only about $140,170 at 4% or $93,446 at 6%; with 50% employer match about $93,446 at 4% or $62,298 at 6%; with 100% employer match about $70,085 at 4% or $46,723 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 28 | $1,378,600 | $337,953 | $12,070iApproximate average salary by contribution assumption: employee only about $301,744 at 4% or $201,163 at 6%; with 50% employer match about $201,163 at 4% or $134,108 at 6%; with 100% employer match about $150,872 at 4% or $100,581 at 6%. |
| 2014 | 2 | 37 | $3,439,321 | $510,597 | $13,800iApproximate average salary by contribution assumption: employee only about $344,998 at 4% or $229,999 at 6%; with 50% employer match about $229,999 at 4% or $153,332 at 6%; with 100% employer match about $172,499 at 4% or $114,999 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 37 | $2,376,768 | $232,674 | $6,288iApproximate average salary by contribution assumption: employee only about $157,212 at 4% or $104,808 at 6%; with 50% employer match about $104,808 at 4% or $69,872 at 6%; with 100% employer match about $78,606 at 4% or $52,404 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 29 | $1,062,553 | $277,923 | $9,584iApproximate average salary by contribution assumption: employee only about $239,589 at 4% or $159,726 at 6%; with 50% employer match about $159,726 at 4% or $106,484 at 6%; with 100% employer match about $119,794 at 4% or $79,863 at 6%. |
| 2013 | 2 | 38 | $2,879,646 | $673,553 | $17,725iApproximate average salary by contribution assumption: employee only about $443,127 at 4% or $295,418 at 6%; with 50% employer match about $295,418 at 4% or $196,945 at 6%; with 100% employer match about $221,563 at 4% or $147,709 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 38 | $2,120,271 | $291,391 | $7,668iApproximate average salary by contribution assumption: employee only about $191,705 at 4% or $127,803 at 6%; with 50% employer match about $127,803 at 4% or $85,202 at 6%; with 100% employer match about $95,852 at 4% or $63,902 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 31 | $759,375 | $382,162 | $12,328iApproximate average salary by contribution assumption: employee only about $308,195 at 4% or $205,463 at 6%; with 50% employer match about $205,463 at 4% or $136,976 at 6%; with 100% employer match about $154,098 at 4% or $102,732 at 6%. |
| 2012 | 2 | 29 | $2,013,905 | $622,877 | $21,479iApproximate average salary by contribution assumption: employee only about $536,963 at 4% or $357,975 at 6%; with 50% employer match about $357,975 at 4% or $238,650 at 6%; with 100% employer match about $268,481 at 4% or $178,988 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 29 | $1,653,880 | $262,852 | $9,064iApproximate average salary by contribution assumption: employee only about $226,597 at 4% or $151,064 at 6%; with 50% employer match about $151,064 at 4% or $100,710 at 6%; with 100% employer match about $113,298 at 4% or $75,532 at 6%. |
| Berk, Merchant & Sims PLC Cash Balance Plan | - | 29 | $360,025 | $360,025 | $12,415iApproximate average salary by contribution assumption: employee only about $310,366 at 4% or $206,911 at 6%; with 50% employer match about $206,911 at 4% or $137,941 at 6%; with 100% employer match about $155,183 at 4% or $103,455 at 6%. |
| 2011 | 1 | 28 | $1,282,372 | $175,877 | $6,281iApproximate average salary by contribution assumption: employee only about $157,033 at 4% or $104,689 at 6%; with 50% employer match about $104,689 at 4% or $69,792 at 6%; with 100% employer match about $78,517 at 4% or $52,344 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 28 | $1,282,372 | $175,877 | $6,281iApproximate average salary by contribution assumption: employee only about $157,033 at 4% or $104,689 at 6%; with 50% employer match about $104,689 at 4% or $69,792 at 6%; with 100% employer match about $78,517 at 4% or $52,344 at 6%. |
| 2010 | 1 | 30 | $1,162,891 | $179,019 | $5,967iApproximate average salary by contribution assumption: employee only about $149,183 at 4% or $99,455 at 6%; with 50% employer match about $99,455 at 4% or $66,303 at 6%; with 100% employer match about $74,591 at 4% or $49,728 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 30 | $1,162,891 | $179,019 | $5,967iApproximate average salary by contribution assumption: employee only about $149,183 at 4% or $99,455 at 6%; with 50% employer match about $99,455 at 4% or $66,303 at 6%; with 100% employer match about $74,591 at 4% or $49,728 at 6%. |
| 2009 | 1 | 28 | $918,341 | $174,597 | $6,236iApproximate average salary by contribution assumption: employee only about $155,890 at 4% or $103,927 at 6%; with 50% employer match about $103,927 at 4% or $69,285 at 6%; with 100% employer match about $77,945 at 4% or $51,963 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401(K) PLAN | - | 28 | $918,341 | $174,597 | $6,236iApproximate average salary by contribution assumption: employee only about $155,890 at 4% or $103,927 at 6%; with 50% employer match about $103,927 at 4% or $69,285 at 6%; with 100% employer match about $77,945 at 4% or $51,963 at 6%. |
| 2008 | 1 | 15 | $612,225 | $147,698 | $9,847iApproximate average salary by contribution assumption: employee only about $246,163 at 4% or $164,109 at 6%; with 50% employer match about $164,109 at 4% or $109,406 at 6%; with 100% employer match about $123,082 at 4% or $82,054 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401K PLAN | - | 15 | $612,225 | $147,698 | $9,847iApproximate average salary by contribution assumption: employee only about $246,163 at 4% or $164,109 at 6%; with 50% employer match about $164,109 at 4% or $109,406 at 6%; with 100% employer match about $123,082 at 4% or $82,054 at 6%. |
| 2007 | 1 | 16 | $687,354 | $555,202 | $34,700iApproximate average salary by contribution assumption: employee only about $867,503 at 4% or $578,335 at 6%; with 50% employer match about $578,335 at 4% or $385,557 at 6%; with 100% employer match about $433,752 at 4% or $289,168 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401K PLAN | - | 16 | $687,354 | $555,202 | $34,700iApproximate average salary by contribution assumption: employee only about $867,503 at 4% or $578,335 at 6%; with 50% employer match about $578,335 at 4% or $385,557 at 6%; with 100% employer match about $433,752 at 4% or $289,168 at 6%. |
| 2006 | 1 | 17 | $93,257 | $89,372 | $5,257iApproximate average salary by contribution assumption: employee only about $131,429 at 4% or $87,620 at 6%; with 50% employer match about $87,620 at 4% or $58,413 at 6%; with 100% employer match about $65,715 at 4% or $43,810 at 6%. |
| BERK, MERCHANT & SIMS, PLC 401K PLAN | - | 17 | $93,257 | $89,372 | $5,257iApproximate average salary by contribution assumption: employee only about $131,429 at 4% or $87,620 at 6%; with 50% employer match about $87,620 at 4% or $58,413 at 6%; with 100% employer match about $65,715 at 4% or $43,810 at 6%. |