Plan Ledger DOL Form 5500 · updated monthly

M-E Engineers, Inc401(k)

M-E ENGINEERS, INC. 401K PROFIT SHARING PLAN AND TRUST · GOLDEN, CO · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

M-E Engineers, Inc reported $105,336 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $2,894 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 fell from 0.29% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 218th-largest of 1,461 plans among Colorado employers on file, and the 2,478th of 11,654 in professional & technical services. In 2024, employees put in $3.16 for every $1.00 the employer contributed; active participation has grown from 218 to 261 since 2022.

Plan summary
Net assets, end of year$56,871,782
Participants with balances318
Active participants261
Employer contributions$755,210
Employee contributions$2,383,819
Employer contribution per active participant$2,894
Average account balance$178,842
Benefits paid to participants$2,955,876
Plan auditUnmodified (clean) audit opinion
AuditorHIRATSUKA & ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$56.9M · 318 accts · $755K emplr
2023$49.1M · 287 accts · $655K emplr
2022$40.1M · 275 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,586
Investment management$62,750
Total administrative$105,336
The M-E Engineers, Inc 401(k) match · 2024
Employer contribution per active participant$2,894
Median for plans this size$3,635
2024$2,894 per active participant
2023$2,837 per active participant
2022$1,808 per active participant

M-E Engineers, Inc's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20244
JOHN HANCOCK LIFE INS CO USA · Recordkeeping · Investment management$332
WELLS FARGO ADVISORS · Investment advisory (plan)$61,939
PENTEGRA RETIREMENT SERVICES · Plan administrator$19,179

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$105,336 · 0.20%
2023$154,530 · 0.35%
2022$129,984 · 0.29%
Same employer
Similar plansProfessional & Technical Services · Colorado
P2ES Holdings, LLC CO$68.1M · 0.08%
Ibotta, Inc. CO$64.9M · 0.23%
PAX8, Inc. CO$63.0M · 0.29%
Lerch Bates Inc. CO$61.0M · 0.13%
Mercury Healthcare, Inc. CO$55.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840853581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.