Plan Ledger DOL Form 5500 · updated monthly

Mease Life, Inc.401(k)

MEASE LIFE, INC. 401(K) RETIREMENT PLAN · DUNEDIN, FL · plan year 2022

Reported admin expense ratio · 2022
0.93%

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

Mease Life, Inc. reported $13,276 in plan administrative expenses for 2022: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $597 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 0.93% to 2.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (3,244th of 3,644), and 10,494th of 11,911 in health care & social assistance. In 2022, employees put in $3.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,467,241
Participants with balances142
Active participants168
Employer contributions$100,287
Employee contributions$319,211
Employer contribution per active participant$597
Average account balance$10,333
Benefits paid to participants$110,297
Plan auditUnmodified (clean) audit opinion
AuditorMSL, P.A.
Plan history2
Yearassets · accounts · employer contribution
2023$32 · 2 accts · $77K emplr
2022$1.5M · 142 accts · $100K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,276
Total administrative$13,276
The Mease Life, Inc. 401(k) match · 2022
Employer contribution per active participant$597
Median for plans this size$1,114

Mease Life, 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 history2
2023$21,522 · 2.93%
2022$13,276 · 0.93%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Meleeo LLC FL$1.5M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591005403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.