Plan Ledger DOL Form 5500 · updated monthly

Manufacturing Engineering Systems, Inc.401(k)

MES, INC. 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Manufacturing Engineering Systems, Inc. reported $85,621 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,836 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 3 years on file its reported administrative ratio has held roughly steady near 0.85%. 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 among the smaller plans on file in Maryland (949th of 1,671), and 7,709th of 11,654 in professional & technical services. In 2024, the employer put in $4.25 for every $1.00 employees contributed themselves; active participation has grown from 202 to 286 since 2022.

Plan summary
Net assets, end of year$10,959,928
Participants with balances349
Active participants286
Employer contributions$1,097,070
Employee contributions$258,433
Employer contribution per active participant$3,836
Average account balance$31,404
Benefits paid to participants$961,810
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON, DOYLE & HILTON
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 349 accts · $1.1M emplr
2023$9.3M · 349 accts · $1.0M emplr
2022$7.6M · 293 accts · $991K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,089
Investment management$24,509
Audit (IQPA)$8,100
Total administrative$85,621
The Manufacturing Engineering Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$3,836
Median for plans this size$2,416
2024$3,836 per active participant
2023$4,327 per active participant
2022$4,908 per active participant

Manufacturing Engineering Systems, Inc.'s 2024 employer contribution ran above the $2,416 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$45,089
RETIREMENT PLANNERS & ADMINISTRATOR · Recordkeeping · Loan processing$7,923
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)$24,509
DAVIDSON DOYLE & HILTON LLP · Accounting / audit$8,100

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

Recordkeeper by year2
2024RETIREMENT PLANNERS & ADMINISTRATOR, Transamerica
2023RETIREMENT PLANNERS & ADMINISTRATOR, Transamerica

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

Administrative cost history3
2024$85,621 · 0.85%
2023$74,946 · 0.89%
2022$67,271 · 0.81%
Same employer
Similar plansProfessional & Technical Services · Maryland
Automated Precision, Inc. MD$11.5M · 0.19%
Caelum Research Corporation MD$10.9M · 0.37%
Marketbridge Corp. MD$10.8M · 0.49%
Digicon Corporation MD$10.7M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521853553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.