Merritt Preferred Components
Plan context: Merritt Preferred Components 401(K) Plan
EIN 75-1477455 • Kilgore, TX • 17 filings • 3 plans
Current Snapshot
Latest Year
2024
2024 Participants
35
2024 Assets
$4,701,745
2024 Contributions
$250,266
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 | 1 | 35 | $4,701,745 | $250,266 | $7,150iApproximate average salary by contribution assumption: employee only about $178,761 at 4% or $119,174 at 6%; with 50% employer match about $119,174 at 4% or $79,450 at 6%; with 100% employer match about $89,381 at 4% or $59,587 at 6%. |
| Merritt Preferred Components 401(K) Plan | - | 35 | $4,701,745 | $250,266 | $7,150iApproximate average salary by contribution assumption: employee only about $178,761 at 4% or $119,174 at 6%; with 50% employer match about $119,174 at 4% or $79,450 at 6%; with 100% employer match about $89,381 at 4% or $59,587 at 6%. |
| 2023 | 1 | 40 | $5,485,082 | $251,423 | $6,286iApproximate average salary by contribution assumption: employee only about $157,139 at 4% or $104,760 at 6%; with 50% employer match about $104,760 at 4% or $69,840 at 6%; with 100% employer match about $78,570 at 4% or $52,380 at 6%. |
| Merritt Preferred Components 401(K) Plan | - | 40 | $5,485,082 | $251,423 | $6,286iApproximate average salary by contribution assumption: employee only about $157,139 at 4% or $104,760 at 6%; with 50% employer match about $104,760 at 4% or $69,840 at 6%; with 100% employer match about $78,570 at 4% or $52,380 at 6%. |
| 2022 | 1 | 41 | $4,878,357 | $289,845 | $7,069iApproximate average salary by contribution assumption: employee only about $176,735 at 4% or $117,823 at 6%; with 50% employer match about $117,823 at 4% or $78,549 at 6%; with 100% employer match about $88,367 at 4% or $58,912 at 6%. |
| Merritt Preferred Components 401(K) Plan | - | 41 | $4,878,357 | $289,845 | $7,069iApproximate average salary by contribution assumption: employee only about $176,735 at 4% or $117,823 at 6%; with 50% employer match about $117,823 at 4% or $78,549 at 6%; with 100% employer match about $88,367 at 4% or $58,912 at 6%. |
| 2021 | 1 | 42 | $7,273,486 | $303,270 | $7,221iApproximate average salary by contribution assumption: employee only about $180,518 at 4% or $120,345 at 6%; with 50% employer match about $120,345 at 4% or $80,230 at 6%; with 100% employer match about $90,259 at 4% or $60,173 at 6%. |
| Merritt Preferred Components 401(K) Plan | - | 42 | $7,273,486 | $303,270 | $7,221iApproximate average salary by contribution assumption: employee only about $180,518 at 4% or $120,345 at 6%; with 50% employer match about $120,345 at 4% or $80,230 at 6%; with 100% employer match about $90,259 at 4% or $60,173 at 6%. |
| 2020 | 1 | 41 | $6,446,797 | $354,963 | $8,658iApproximate average salary by contribution assumption: employee only about $216,441 at 4% or $144,294 at 6%; with 50% employer match about $144,294 at 4% or $96,196 at 6%; with 100% employer match about $108,220 at 4% or $72,147 at 6%. |
| Merritt Preferred Components 401(K) Plan | - | 41 | $6,446,797 | $354,963 | $8,658iApproximate average salary by contribution assumption: employee only about $216,441 at 4% or $144,294 at 6%; with 50% employer match about $144,294 at 4% or $96,196 at 6%; with 100% employer match about $108,220 at 4% or $72,147 at 6%. |
| 2019 | 1 | 41 | $5,583,563 | $339,347 | $8,277iApproximate average salary by contribution assumption: employee only about $206,919 at 4% or $137,946 at 6%; with 50% employer match about $137,946 at 4% or $91,964 at 6%; with 100% employer match about $103,459 at 4% or $68,973 at 6%. |
| Merritt Preferred Components 401(K) Plan | - | 41 | $5,583,563 | $339,347 | $8,277iApproximate average salary by contribution assumption: employee only about $206,919 at 4% or $137,946 at 6%; with 50% employer match about $137,946 at 4% or $91,964 at 6%; with 100% employer match about $103,459 at 4% or $68,973 at 6%. |
| 2018 | 1 | 39 | $74,687 | $76,888 | $1,971iApproximate average salary by contribution assumption: employee only about $49,287 at 4% or $32,858 at 6%; with 50% employer match about $32,858 at 4% or $21,905 at 6%; with 100% employer match about $24,644 at 4% or $16,429 at 6%. |
| Merritt Preferred Components 401(K) Plan | - | 39 | $74,687 | $76,888 | $1,971iApproximate average salary by contribution assumption: employee only about $49,287 at 4% or $32,858 at 6%; with 50% employer match about $32,858 at 4% or $21,905 at 6%; with 100% employer match about $24,644 at 4% or $16,429 at 6%. |
| 2009 | 1 | 0 | $0 | $125,267 | - |
| Merritt Tool Company Inc. 401K Plan | - | 0 | - | $125,267 | - |
| 2008 | 1 | 95 | $2,111,170 | $404,224 | $4,255iApproximate average salary by contribution assumption: employee only about $106,375 at 4% or $70,916 at 6%; with 50% employer match about $70,916 at 4% or $47,278 at 6%; with 100% employer match about $53,187 at 4% or $35,458 at 6%. |
| Merritt Tool Company Inc. 401K Plan | - | 95 | $2,111,170 | $404,224 | $4,255iApproximate average salary by contribution assumption: employee only about $106,375 at 4% or $70,916 at 6%; with 50% employer match about $70,916 at 4% or $47,278 at 6%; with 100% employer match about $53,187 at 4% or $35,458 at 6%. |
| 2007 | 1 | 87 | $0 | $0 | - |
| Merritt Tool Company Inc. 401K Plan | - | 87 | - | - | - |
| 2006 | 1 | 78 | $2,617,725 | $250,282 | $3,209iApproximate average salary by contribution assumption: employee only about $80,219 at 4% or $53,479 at 6%; with 50% employer match about $53,479 at 4% or $35,653 at 6%; with 100% employer match about $40,109 at 4% or $26,740 at 6%. |
| Merritt Tool Company Inc. 401K Plan | - | 78 | $2,617,725 | $250,282 | $3,209iApproximate average salary by contribution assumption: employee only about $80,219 at 4% or $53,479 at 6%; with 50% employer match about $53,479 at 4% or $35,653 at 6%; with 100% employer match about $40,109 at 4% or $26,740 at 6%. |
| 2005 | 1 | 72 | $2,292,938 | $200,811 | $2,789iApproximate average salary by contribution assumption: employee only about $69,726 at 4% or $46,484 at 6%; with 50% employer match about $46,484 at 4% or $30,989 at 6%; with 100% employer match about $34,863 at 4% or $23,242 at 6%. |
| Merritt Tool Company Inc. 401K Plan | - | 72 | $2,292,938 | $200,811 | $2,789iApproximate average salary by contribution assumption: employee only about $69,726 at 4% or $46,484 at 6%; with 50% employer match about $46,484 at 4% or $30,989 at 6%; with 100% employer match about $34,863 at 4% or $23,242 at 6%. |
| 2004 | 1 | 65 | $2,084,867 | $213,123 | $3,279iApproximate average salary by contribution assumption: employee only about $81,970 at 4% or $54,647 at 6%; with 50% employer match about $54,647 at 4% or $36,431 at 6%; with 100% employer match about $40,985 at 4% or $27,323 at 6%. |
| Merritt Tool Company Inc. 401K Plan | - | 65 | $2,084,867 | $213,123 | $3,279iApproximate average salary by contribution assumption: employee only about $81,970 at 4% or $54,647 at 6%; with 50% employer match about $54,647 at 4% or $36,431 at 6%; with 100% employer match about $40,985 at 4% or $27,323 at 6%. |
| 2003 | 1 | 61 | $1,750,089 | $201,263 | $3,299iApproximate average salary by contribution assumption: employee only about $82,485 at 4% or $54,990 at 6%; with 50% employer match about $54,990 at 4% or $36,660 at 6%; with 100% employer match about $41,242 at 4% or $27,495 at 6%. |
| Merritt Tool Company Inc. 401K Plan | - | 61 | $1,750,089 | $201,263 | $3,299iApproximate average salary by contribution assumption: employee only about $82,485 at 4% or $54,990 at 6%; with 50% employer match about $54,990 at 4% or $36,660 at 6%; with 100% employer match about $41,242 at 4% or $27,495 at 6%. |
| 2002 | 1 | 73 | $1,640,471 | $220,747 | $3,024iApproximate average salary by contribution assumption: employee only about $75,598 at 4% or $50,399 at 6%; with 50% employer match about $50,399 at 4% or $33,599 at 6%; with 100% employer match about $37,799 at 4% or $25,199 at 6%. |
| Merritt Tool Company Inc. 401K Plan | - | 73 | $1,640,471 | $220,747 | $3,024iApproximate average salary by contribution assumption: employee only about $75,598 at 4% or $50,399 at 6%; with 50% employer match about $50,399 at 4% or $33,599 at 6%; with 100% employer match about $37,799 at 4% or $25,199 at 6%. |
| 2001 | 1 | 80 | $0 | $0 | - |
| Merritt Tool Company Inc. 401K Plan | - | 80 | - | - | - |
| 1999 | 1 | 79 | $1,506,361 | $48,116 | $609iApproximate average salary by contribution assumption: employee only about $15,227 at 4% or $10,151 at 6%; with 50% employer match about $10,151 at 4% or $6,767 at 6%; with 100% employer match about $7,613 at 4% or $5,076 at 6%. |
| Merritt Tool Company Inc. 401K Plan | - | 79 | $1,506,361 | $48,116 | $609iApproximate average salary by contribution assumption: employee only about $15,227 at 4% or $10,151 at 6%; with 50% employer match about $10,151 at 4% or $6,767 at 6%; with 100% employer match about $7,613 at 4% or $5,076 at 6%. |