Employers › Merck › plan 004
Recordkeeping fees per participant · MSD Employee Stock Purchase & Savings Plan · plan year 2024
$13.63
Higher than 12% of the 1,697 plans $250M to 1B that report it.
= $32,502 / 2,385
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250922091219NAL0002069555001, received 2025-09-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922091219NAL0002069555001, received 2025-09-22
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-22.
Administrative expenses excluding investment management, per participant
$13.63
Higher than 8% of the 2,324 plans $250M to 1B that report it.
= $32,502 / 2,385
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250922091219NAL0002069555001, received 2025-09-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922091219NAL0002069555001, received 2025-09-22
Administrative expenses per participant
$13.63
Higher than 5% of the 2,405 plans $250M to 1B that report it.
= $32,502 / 2,385
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250922091219NAL0002069555001, received 2025-09-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922091219NAL0002069555001, received 2025-09-22
Administrative expenses as a share of assets
0.006%
Higher than 4% of the 2,407 plans $250M to 1B that report it.
= $32,502 / $545,466,232
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250922091219NAL0002069555001, received 2025-09-22
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250922091219NAL0002069555001, received 2025-09-22
Employer contributions per participant
$2,749
Higher than 43% of the 2,457 plans $250M to 1B that report it.
= $6,556,421 / 2,385
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250922091219NAL0002069555001, received 2025-09-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922091219NAL0002069555001, received 2025-09-22
Employer share of total contributions
22.3%
Higher than 22% of the 2,459 plans $250M to 1B that report it.
= $6,556,421 / $29,370,833
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250922091219NAL0002069555001, received 2025-09-22
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250922091219NAL0002069555001, received 2025-09-22
97.9% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $614,300 ($271.20 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250922091219NAL0002069555001, received 2025-09-22
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MERCK & CO., INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Plan name | MSD EMPLOYEE STOCK PURCHASE & SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Sponsor EIN / plan number | 22-1918501 / 004 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Sponsor location | RAHWAY, NJ | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Industry (business code) | 325410, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Filing received | 2025-09-22 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Participants, beginning of year | 2,649 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Active participants | 2,219 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Participants, end of year | 2,586 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Participants with an account balance | 2,385 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Total assets, beginning of year | $498,619,440 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Total assets, end of year | $545,466,232 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Net assets, end of year | $545,466,232 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Total income | $89,991,525 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Net income | $51,845,919 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Employer contributions | $6,556,421 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Participant contributions | $22,814,412 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Total contributions | $29,370,833 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Benefit payments | $38,113,104 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Total expenses (incl. benefit payments) | $38,145,606 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Total administrative expenses | $32,502 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Recordkeeping fees | $32,502 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Administrative expenses excluding investment management | $32,502 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Held in master trusts | $534,193,562 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250922091219NAL0002069555001, received 2025-09-22 |
| Independent auditor | PRICEWATERHOUSECOOPERS LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250922091219NAL0002069555001, received 2025-09-22 |
Position = column in the DOL layout for form year 2024. Filing 20250922091219NAL0002069555001, received 2025-09-22.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | NONE | 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $32,502 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250922091219NAL0002069555001, received 2025-09-22.
MERCK US SAV AND EE STK-PARTICIPANT (EIN 046767405, PN 007): plan interest $462,608,716, 3.2% of the trust. The trust's own filing (20251009072909NAL0003396883001, received 2025-10-09) reports net assets $14,611,666,004, administrative expenses $19,402,311, recordkeeping fees not reported, investment management fees $19,402,311 and 12 Schedule C providers.
MERCK US SAV AND EE STK-MERCK STOCK (EIN 046767405, PN 008): plan interest $71,584,846, 6.9% of the trust. The trust's own filing (20251009073218NAL0010972272001, received 2025-10-09) reports net assets $1,044,213,963, administrative expenses $264, recordkeeping fees not reported, investment management fees $264 and 0 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| T. ROWE PRICE ASSOCIATES, INC. | 28 50 51 68 | $3,224,579 | $102,091 |
| JP MORGAN CHASE BANK, N.A. | 28 51 | $2,724,356 | $86,254 |
| WELLINGTON TRUST COMPANY, NA | 28 51 | $2,706,165 | $85,678 |
| JENNISON ASSOCIATES LLC | 28 51 68 | $2,499,346 | $79,130 |
| FISHER INVESTMENTS | 28 51 68 | $2,250,925 | $71,265 |
| ALLIANCEBERNSTEIN LP | 28 51 | $1,905,942 | $60,343 |
| ALLSPRING GLOBAL INVESTMENTS | 28 51 | $1,650,099 | $52,243 |
| CENTERSQUARE INVESTMENT MGMT LLC | 28 51 68 | $997,029 | $31,566 |
| STATE STREET GLOBAL ADVISORS | 18 19 28 51 | $981,197 | $31,065 |
| MFS INSTITUTIONAL ADVISORS, INC. | 28 51 68 | $371,825 | $11,772 |
| STATE STREET BANK | 19 50 72 | $66,038 | $2,091 |
| ALLIANCEBERNSTEIN TRUST COMPANY | 21 50 72 | $25,074 | $794 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $498,619,440 | $545,466,232 | 9.4% |
| Participants with a balance | 2,443 | 2,385 | -2.4% |
| Administrative expenses | $5,260 | $32,502 | 517.9% |
| Recordkeeping fees per participant | $2.15 | $13.63 | 532.9% |
| Employer contributions | $6,322,677 | $6,556,421 | 3.7% |
Prior filing 20240924095451NAL0012782817001, received 2024-09-24; the plan years are contiguous.