Plan Ledger DOL Form 5500 · updated monthly

Meca Solutions, LLC401(k)

MECA SOLUTIONS, LLC 401K PLAN · GREEN BAY, WI · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Meca Solutions, LLC reported $55,372 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $2,099 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 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,366th of 1,936), and 9,360th of 13,661 in manufacturing. In 2024, employees put in $2.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,690,868
Participants with balances122
Active participants110
Employer contributions$230,935
Employee contributions$647,666
Employer contribution per active participant$2,099
Average account balance$71,237
Benefits paid to participants$706,636
Plan auditUnmodified (clean) audit opinion
AuditorCHERRY BEKAERT ADVISORY, LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,275
Investment management$31,097
Total administrative$55,372
The Meca Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$2,099
Median for plans this size$1,313

Meca Solutions, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
WIPFLI, LLP · Recordkeeping · Loan processing$20,439
CREATIVE PLANNING, LLC · Investment advisory (participants) · Investment advisory (plan)$31,097

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

Administrative cost history1
2024$55,372 · 0.68%
Same employer
Similar plansManufacturing · Wisconsin
Ksp Group, Inc. WI$8.9M · 0.50%
N.E.W. Industries, Inc. WI$8.9M · 0.05%
Oshkosh Door Company WI$8.9M · 0.08%
Pioneer Products, Inc. WI$8.8M · 0.61%
Artisans, Inc. WI$8.6M · 0.46%
Milwaukee Forge, LLC WI$8.5M · 0.44%
Wrought Washer Mfg., Inc. WI$8.5M · 0.52%
Kirsh Foundry, Inc. WI$8.5M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 392032285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.