Plan Ledger DOL Form 5500 · updated monthly

Meade Holdings, LLC401(k)

MEADE HOLDINGS 401(K) PLAN · KINGSPORT, TN · plan year 2023

Reported admin expense ratio · 2023
0.91%

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

Meade Holdings, LLC reported $101,722 in plan administrative expenses for 2023: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,987 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 1.02% to 0.78%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Tennessee (780th of 1,496), and 535th of 786 in management of companies. In 2023, employees put in $1.96 for every $1.00 the employer contributed; active participation has shrunk from 389 to 240 since 2022.

Plan summary
Net assets, end of year$11,833,312
Participants with balances423
Active participants240
Employer contributions$716,855
Employee contributions$1,406,006
Employer contribution per active participant$2,987
Average account balance$27,975
Benefits paid to participants$2,420,384
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 448 accts · $515K emplr
2023$11.8M · 423 accts · $717K emplr
2022$10.5M · 437 accts · $981K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$55,366
Investment management$46,356
Total administrative$101,722
The Meade Holdings, LLC 401(k) match · 2023
Employer contribution per active participant$2,987
Median for plans this size$2,440
2024$2,193 per active participant
2023$2,987 per active participant
2022$2,521 per active participant

Meade Holdings, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$55,366
SHEPHERD FINANCIAL INVESTMENT ADVIS · Investment advisory (plan)$46,356

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$90,788 · 0.78%
2023$101,722 · 0.91%
2022$106,620 · 1.02%
Same employer
Similar plansManagement of Companies · Tennessee
Bpc Corporation TN$24.4M · 0.08%
Radians, Inc. TN$24.1M · 0.43%
Nixon Power Services TN$19.2M · 0.53%
Clearbrook Holdings Corp TN$8.5M · 0.68%
Bailey International, LLC TN$7.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473250673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.