The Merit Distribution Group LLC
Plan context: Merit Distribution Group 401(K) Plan
EIN 45-2595304 • Spartanburg, SC • 27 filings • 6 plans
Current Snapshot
Latest Year
2024
2024 Participants
328
2024 Assets
$26,819,330
2024 Contributions
$2,251,852
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 | 2 | 328 | $26,819,330 | $2,251,852 | $6,865iApproximate average salary by contribution assumption: employee only about $171,635 at 4% or $114,423 at 6%; with 50% employer match about $114,423 at 4% or $76,282 at 6%; with 100% employer match about $85,818 at 4% or $57,212 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 328 | $26,819,330 | $2,251,852 | $6,865iApproximate average salary by contribution assumption: employee only about $171,635 at 4% or $114,423 at 6%; with 50% employer match about $114,423 at 4% or $76,282 at 6%; with 100% employer match about $85,818 at 4% or $57,212 at 6%. |
| The Merit Group LLC Welfare Benefit Plan | - | 303 | - | - | - |
| 2023 | 2 | 401 | $27,382,041 | $3,087,159 | $7,699iApproximate average salary by contribution assumption: employee only about $192,466 at 4% or $128,311 at 6%; with 50% employer match about $128,311 at 4% or $85,541 at 6%; with 100% employer match about $96,233 at 4% or $64,155 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 401 | $27,382,041 | $3,087,159 | $7,699iApproximate average salary by contribution assumption: employee only about $192,466 at 4% or $128,311 at 6%; with 50% employer match about $128,311 at 4% or $85,541 at 6%; with 100% employer match about $96,233 at 4% or $64,155 at 6%. |
| The Merit Group LLC Welfare Benefit Plan | - | 369 | - | - | - |
| 2022 | 2 | 568 | $25,278,425 | $3,779,574 | $6,654iApproximate average salary by contribution assumption: employee only about $166,354 at 4% or $110,903 at 6%; with 50% employer match about $110,903 at 4% or $73,935 at 6%; with 100% employer match about $83,177 at 4% or $55,451 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 568 | $25,278,425 | $3,779,574 | $6,654iApproximate average salary by contribution assumption: employee only about $166,354 at 4% or $110,903 at 6%; with 50% employer match about $110,903 at 4% or $73,935 at 6%; with 100% employer match about $83,177 at 4% or $55,451 at 6%. |
| The Merit Group LLC Welfare Benefit Plan | - | 516 | - | - | - |
| 2021 | 2 | 499 | $29,762,763 | $2,821,851 | $5,655iApproximate average salary by contribution assumption: employee only about $141,375 at 4% or $94,250 at 6%; with 50% employer match about $94,250 at 4% or $62,833 at 6%; with 100% employer match about $70,688 at 4% or $47,125 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 499 | $29,762,763 | $2,821,851 | $5,655iApproximate average salary by contribution assumption: employee only about $141,375 at 4% or $94,250 at 6%; with 50% employer match about $94,250 at 4% or $62,833 at 6%; with 100% employer match about $70,688 at 4% or $47,125 at 6%. |
| The Merit Group LLC Welfare Benefit Plan | - | 455 | - | - | - |
| 2020 | 3 | 420 | $26,228,026 | $1,940,622 | $4,621iApproximate average salary by contribution assumption: employee only about $115,513 at 4% or $77,009 at 6%; with 50% employer match about $77,009 at 4% or $51,339 at 6%; with 100% employer match about $57,757 at 4% or $38,504 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 420 | $26,228,026 | $1,940,622 | $4,621iApproximate average salary by contribution assumption: employee only about $115,513 at 4% or $77,009 at 6%; with 50% employer match about $77,009 at 4% or $51,339 at 6%; with 100% employer match about $57,757 at 4% or $38,504 at 6%. |
| The Merit Group LLC Welfare Benefit Plan | - | 390 | - | - | - |
| Merit Distribution Group 401(K) Plan | - | 0 | $0 | $0 | - |
| 2019 | 2 | 408 | $22,818,883 | $1,766,772 | $4,330iApproximate average salary by contribution assumption: employee only about $108,258 at 4% or $72,172 at 6%; with 50% employer match about $72,172 at 4% or $48,115 at 6%; with 100% employer match about $54,129 at 4% or $36,086 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 408 | $22,818,883 | $1,766,772 | $4,330iApproximate average salary by contribution assumption: employee only about $108,258 at 4% or $72,172 at 6%; with 50% employer match about $72,172 at 4% or $48,115 at 6%; with 100% employer match about $54,129 at 4% or $36,086 at 6%. |
| The Merit Group LLC Welfare Benefit Plan | - | 391 | - | - | - |
| 2018 | 2 | 390 | $20,221,723 | $1,972,142 | $5,057iApproximate average salary by contribution assumption: employee only about $126,419 at 4% or $84,280 at 6%; with 50% employer match about $84,280 at 4% or $56,186 at 6%; with 100% employer match about $63,210 at 4% or $42,140 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 390 | $20,221,723 | $1,972,142 | $5,057iApproximate average salary by contribution assumption: employee only about $126,419 at 4% or $84,280 at 6%; with 50% employer match about $84,280 at 4% or $56,186 at 6%; with 100% employer match about $63,210 at 4% or $42,140 at 6%. |
| The Merit Group LLC Welfare Benefit Plan | - | 292 | - | - | - |
| 2017 | 3 | 244 | $17,902,412 | $1,168,303 | $4,788iApproximate average salary by contribution assumption: employee only about $119,703 at 4% or $79,802 at 6%; with 50% employer match about $79,802 at 4% or $53,201 at 6%; with 100% employer match about $59,852 at 4% or $39,901 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 244 | $17,902,412 | $1,168,303 | $4,788iApproximate average salary by contribution assumption: employee only about $119,703 at 4% or $79,802 at 6%; with 50% employer match about $79,802 at 4% or $53,201 at 6%; with 100% employer match about $59,852 at 4% or $39,901 at 6%. |
| The Merit Group LLC Welfare Benefit Plan | - | 148 | - | - | - |
| The Merit Group Inc. Employee Dental Benefit Plan | - | 0 | - | - | - |
| 2016 | 3 | 181 | $9,629,246 | $1,055,127 | $5,829iApproximate average salary by contribution assumption: employee only about $145,736 at 4% or $97,157 at 6%; with 50% employer match about $97,157 at 4% or $64,771 at 6%; with 100% employer match about $72,868 at 4% or $48,579 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 181 | $9,629,246 | $1,055,127 | $5,829iApproximate average salary by contribution assumption: employee only about $145,736 at 4% or $97,157 at 6%; with 50% employer match about $97,157 at 4% or $64,771 at 6%; with 100% employer match about $72,868 at 4% or $48,579 at 6%. |
| The Merit Group LLC Welfare Benefit Plan | - | 157 | - | - | - |
| The Merit Group Inc. Employee Dental Benefit Plan | - | 157 | - | - | - |
| 2015 | 3 | 189 | $8,277,775 | $732,435 | $3,875iApproximate average salary by contribution assumption: employee only about $96,883 at 4% or $64,589 at 6%; with 50% employer match about $64,589 at 4% or $43,059 at 6%; with 100% employer match about $48,441 at 4% or $32,294 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 189 | $8,277,775 | $732,435 | $3,875iApproximate average salary by contribution assumption: employee only about $96,883 at 4% or $64,589 at 6%; with 50% employer match about $64,589 at 4% or $43,059 at 6%; with 100% employer match about $48,441 at 4% or $32,294 at 6%. |
| The Merit Group Inc. Employee Dental Benefit Plan | - | 186 | - | - | - |
| The Merit Group LLC Welfare Benefit Plan | - | 186 | - | - | - |
| 2014 | 1 | 220 | $8,079,290 | $563,964 | $2,563iApproximate average salary by contribution assumption: employee only about $64,087 at 4% or $42,725 at 6%; with 50% employer match about $42,725 at 4% or $28,483 at 6%; with 100% employer match about $32,043 at 4% or $21,362 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 220 | $8,079,290 | $563,964 | $2,563iApproximate average salary by contribution assumption: employee only about $64,087 at 4% or $42,725 at 6%; with 50% employer match about $42,725 at 4% or $28,483 at 6%; with 100% employer match about $32,043 at 4% or $21,362 at 6%. |
| 2013 | 1 | 190 | $7,773,834 | $751,699 | $3,956iApproximate average salary by contribution assumption: employee only about $98,908 at 4% or $65,939 at 6%; with 50% employer match about $65,939 at 4% or $43,959 at 6%; with 100% employer match about $49,454 at 4% or $32,969 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 190 | $7,773,834 | $751,699 | $3,956iApproximate average salary by contribution assumption: employee only about $98,908 at 4% or $65,939 at 6%; with 50% employer match about $65,939 at 4% or $43,959 at 6%; with 100% employer match about $49,454 at 4% or $32,969 at 6%. |
| 2012 | 1 | 203 | $6,972,235 | $367,226 | $1,809iApproximate average salary by contribution assumption: employee only about $45,225 at 4% or $30,150 at 6%; with 50% employer match about $30,150 at 4% or $20,100 at 6%; with 100% employer match about $22,612 at 4% or $15,075 at 6%. |
| Merit Distribution Group 401(K) Plan | - | 203 | $6,972,235 | $367,226 | $1,809iApproximate average salary by contribution assumption: employee only about $45,225 at 4% or $30,150 at 6%; with 50% employer match about $30,150 at 4% or $20,100 at 6%; with 100% employer match about $22,612 at 4% or $15,075 at 6%. |