Plan Ledger DOL Form 5500 · updated monthly

Meetings & Incentives Worldwide, Inc.401(k)

MEETINGS & INCENTIVES WORLDWIDE, INC. 401(K) P/S PLAN · CALEDONIA, WI · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Meetings & Incentives Worldwide, Inc. reported $119,722 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,288 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 0.74% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 839th-largest of 1,936 plans among Wisconsin employers on file, and the 594th of 2,534 in administrative & support services. In 2024, employees put in $4.69 for every $1.00 the employer contributed; active participation has grown from 264 to 296 since 2022.

Plan summary
Net assets, end of year$20,755,401
Participants with balances364
Active participants296
Employer contributions$381,375
Employee contributions$1,789,512
Employer contribution per active participant$1,288
Average account balance$57,020
Benefits paid to participants$1,505,800
Plan auditUnmodified (clean) audit opinion
AuditorGORDON J. MAIER & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 364 accts · $381K emplr
2023$17.2M · 340 accts · $431K emplr
2022$13.4M · 333 accts · $218K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,928
Investment management$64,794
Total administrative$119,722
The Meetings & Incentives Worldwide, Inc. 401(k) match · 2024
Employer contribution per active participant$1,288
Median for plans this size$2,416
2024$1,288 per active participant
2023$1,574 per active participant
2022$825 per active participant

Meetings & Incentives Worldwide, Inc.'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.

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 · 20243
JOHN HANCOCK TRUST COMPANY LLC · Recordkeeping · Investment management$45,530
LPL FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$64,794
PPG RETIREMENT PLAN SERVICES, LTD · Plan administrator$9,398

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$119,722 · 0.63%
2023$113,065 · 0.74%
2022$105,444 · 0.74%
Same employer
Similar plansAdministrative & Support Services · Wisconsin
Fox World Travel, Inc. WI$25.2M · 0.59%
Marking Services, Inc. WI$23.5M · 0.50%
Forward Service Corporation WI$22.1M · 0.47%
Salelytics, LLC WI$20.5M · 0.06%
Qps Employment Group, Inc. WI$12.3M · 0.58%
Edge One, LLC WI$9.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391088787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.