Plan Ledger DOL Form 5500 · updated monthly

Maerly401(k)

MAERLY 401(K) PLAN · WESTLAKE VILLAGE, CA · plan year 2022

Reported admin expense ratio · 2022
1.28%

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

Maerly reported $13,111 in plan administrative expenses for 2022: 1.28% of average plan assets, higher than ~90% of peers. Employer contributions averaged $93,231 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 1 year on file its reported administrative ratio rose from 1.28% to 20.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (8,826th of 9,483), and 2,191st of 2,534 in administrative & support services. In 2022, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,025,239
Participants with balances1,022
Active participants4
Employer contributions$372,922
Employee contributions$758,945
Employer contribution per active participant$93,231
Average account balance$1,003
Benefits paid to participants$40,021
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2025$0
2023$412K · 19 accts · $899 emplr
2022$1.0M · 1,022 accts · $373K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,880
Investment management$1,231
Total administrative$13,111
The Maerly 401(k) match · 2022
Employer contribution per active participant$93,231
Median for plans this size$1,114
2023$450 per active participant
2022$93,231 per active participant

Maerly's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2025Ascensus
2023Ascensus

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Administrative cost history3
2025Not separately reported
2023$150,252 · 20.91%
2022$13,111 · 1.28%
Similar plansAdministrative & Support Services · California
Corpnet Incorporated CA$1.0M · 1.67%
Universal Site Services CA$945K · 1.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825295436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.