Plan Ledger DOL Form 5500 · updated monthly

Meissner Filtration Products, Inc.401(k)

MEISSNER FILTRATION PRODUCTS, INC. 401(K) PROFIT SHARING PLAN · CAMARILLO, CA · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Meissner Filtration Products, Inc. reported $263,166 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,911 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 rose from 0.79% to 0.95%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,603rd-largest of 9,483 plans among California employers on file, and the 4,354th of 13,661 in manufacturing. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,232,398
Participants with balances723
Active participants535
Employer contributions$1,557,640
Employee contributions$2,561,484
Employer contribution per active participant$2,911
Average account balance$43,198
Benefits paid to participants$596,017
Plan auditUnmodified (clean) audit opinion
AuditorHOLTHOUSE CARLIN & VAN TRIGHT LLP
Plan history3
Yearassets · accounts · employer contribution
2024$31.2M · 723 accts · $1.6M emplr
2023$24.3M · 813 accts · $1.4M emplr
2022$17.2M · 710 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$263,166
Total administrative$263,166
The Meissner Filtration Products, Inc. 401(k) match · 2024
Employer contribution per active participant$2,911
Median for plans this size$2,416
2024$2,911 per active participant
2023$2,501 per active participant
2022$2,108 per active participant

Meissner Filtration Products, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS,L · Recordkeeping · Loan processing$70,294
HICKS PENSION SERVICES-SAN LUIS OBI · Recordkeeping · Loan processing$30,938
ACTUARIES UNLIMITED, INC. · Recordkeeping · Loan processing$1,500
KEEFER PENSION CONSULTING, INC. · Investment advisory (plan)$159,991

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

Recordkeeper by year2
2024ACTUARIES UNLIMITED, INC., HICKS PENSION SERVICES-SAN LUIS OBI, Transamerica
2023ACTUARIES UNLIMITED, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Meissner Filtration Products, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$263,166 · 0.95%
2023$164,529 · 0.79%
2022$140,436 · 0.79%
Same employer
Similar plansManufacturing · California
C.G. Roxane CA$31.6M · 0.28%
Skydio Inc. CA$31.4M · 0.53%
Reflexion Medical CA$30.9M · 0.01%
Sierra Circuits, Inc. CA$30.9M · 0.28%
Vse LLC CA$30.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770213143 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.