Plan Ledger DOL Form 5500 · updated monthly

M/E Engineering, P.C.401(k)

M/E ENGINEERING, P. C. 401(K) PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.22%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

M/E Engineering, P.C. reported $91,748 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $5,024 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.06% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,484th-largest of 5,648 plans among New York employers on file, and the 3,027th of 11,654 in professional & technical services. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,548,083
Participants with balances231
Active participants179
Employer contributions$899,258
Employee contributions$1,775,725
Employer contribution per active participant$5,024
Average account balance$192,849
Benefits paid to participants$3,558,318
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & COL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$44.5M · 231 accts · $899K emplr
2023$40.3M · 227 accts · $900K emplr
2022$38.6M · 230 accts · $820K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,607
Investment management$834
Total administrative$91,748
The M/E Engineering, P.C. 401(k) match · 2024
Employer contribution per active participant$5,024
Median for plans this size$2,416
2024$5,024 per active participant
2023$5,000 per active participant
2022$4,684 per active participant

M/E Engineering, P.C.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$52,607
MORGAN STANLEY$43,000
ADVISED ASSETS GROUP, LLC · Investment management$834

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left M/E Engineering, P.C. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$91,748 · 0.22%
2023$34,773 · 0.09%
2022$25,940 · 0.06%
Same employer
Similar plansProfessional & Technical Services · New York
Tpg Service Group, LLC NY$45.6M · 0.15%
Wendel, LLC NY$45.1M · 0.25%
Globe Tax Services, Inc. NY$45.0M · 0.00%
Hedgeserv Corporation NY$44.1M · 0.05%
Kaufman Dolowich,Llp NY$44.1M · 0.22%
Psl Group America NY$43.6M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223253106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.