Plan Ledger DOL Form 5500 · updated monthly

Melink Corporation401(k)

MELINK CORPORATION 401(K) RETIREMENT PLAN · MILFORD, OH · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Melink Corporation reported $4,563 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,593 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 0.02% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,267th of 3,295), and 8,971st of 11,654 in professional & technical services. In 2024, employees put in $3.63 for every $1.00 the employer contributed; active participation has grown from 94 to 145 since 2022.

Plan summary
Net assets, end of year$7,233,987
Participants with balances274
Active participants145
Employer contributions$230,934
Employee contributions$838,999
Employer contribution per active participant$1,593
Average account balance$26,401
Benefits paid to participants$368,162
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 274 accts · $231K emplr
2023$5.6M · 238 accts · $156K emplr
2022$5.2M · 214 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,814
Total administrative$4,563
The Melink Corporation 401(k) match · 2024
Employer contribution per active participant$1,593
Median for plans this size$1,313
2024$1,593 per active participant
2023$1,322 per active participant
2022$1,516 per active participant

Melink Corporation'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$3,813

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$4,563 · 0.07%
2023$2,445 · 0.05%
2022$1,003 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Ohio
Javitch Block LLC OH$7.4M · 0.60%
Dicello Levitt LLP OH$7.3M · 0.69%
Acu-Serve Corp OH$7.1M · 0.46%
WITHIN3, Inc. OH$7.0M · 0.37%
Ascentium Corporation OH$6.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311488610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.