Med-El Corporation401(k)
MED-EL CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST · DURHAM, NC · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Med-El Corporation reported $58,725 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.35%. 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 the 788th-largest of 2,005 plans among North Carolina employers on file, and 6,001st of 11,654 in professional & technical services.
Med-El Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 561998501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.