Plan Ledger DOL Form 5500 · updated monthly

Meador Staffing Services, Inc.401(k)

MEADOR STAFFING SERVICES, INC. 401(K) PLAN · PASADENA, TX · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Meador Staffing Services, Inc. reported $3,004 in plan administrative expenses for 2022: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $605 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.

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 Texas (4,705th of 5,688), and 1,823rd of 2,534 in administrative & support services. In 2022, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,619,648
Participants with balances54
Active participants120
Employer contributions$72,581
Employee contributions$164,899
Employer contribution per active participant$605
Average account balance$48,512
Benefits paid to participants$331,875
Plan auditUnmodified (clean) audit opinion
AuditorPANNELL KERR FORSTER OF TEXAS PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,004
Total administrative$3,004
The Meador Staffing Services, Inc. 401(k) match · 2022
Employer contribution per active participant$605
Median for plans this size$1,114

Meador Staffing Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,004 · 0.10%
Similar plansAdministrative & Support Services · Texas
Renhill Staffing Service TX$2.9M · 0.57%
Rwr Enterprises, Inc. TX$2.7M · 0.52%
Wizehire Incorporated TX$2.7M · 0.15%
Newton Peo, LLC TX$2.6M · 0.95%
Pentecom, LLC TX$2.6M · 0.57%
The Insource Group, Inc. TX$2.6M · 0.43%
Redlee/Scs, Inc. TX$2.4M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741646075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.