Plan Ledger DOL Form 5500 · updated monthly

Meredian Holdings Group, Inc.401(k)

MEREDIAN HOLDINGS GROUP, INC. 401(K) PLAN · BAINBRIDGE, GA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Meredian Holdings Group, Inc. reported $92,103 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,223 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 0.57% to 0.64%. 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 999th-largest of 2,160 plans among Georgia employers on file, and 6,983rd of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 243 to 166 since 2022.

Plan summary
Net assets, end of year$15,386,536
Participants with balances206
Active participants166
Employer contributions$701,006
Employee contributions$1,359,218
Employer contribution per active participant$4,223
Average account balance$74,692
Benefits paid to participants$2,477,613
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS HOWELL FERGUSON P.A.CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 206 accts · $701K emplr
2023$13.5M · 229 accts · $806K emplr
2022$10.1M · 257 accts · $770K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,532
Investment management$83,571
Total administrative$92,103
The Meredian Holdings Group, Inc. 401(k) match · 2024
Employer contribution per active participant$4,223
Median for plans this size$2,416
2024$4,223 per active participant
2023$3,147 per active participant
2022$3,168 per active participant

Meredian Holdings Group, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
MAI CAPITAL MANAGEMENT, LLC · Recordkeeping · Trustee$41,785
ADP, INC. · Loan processing · Recordkeeping$8,532
ADP BROKER-DEALERindirect comp

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, MAI CAPITAL MANAGEMENT, LLC
2023ADP, MAI CAPITAL MANAGEMENT, LLC

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

Administrative cost history3
2024$92,103 · 0.64%
2023$70,245 · 0.60%
2022$52,570 · 0.57%
Similar plansManufacturing · Georgia
Arboris, LLC GA$15.9M · 0.48%
Tighitco, Inc. GA$15.7M · 0.33%
Piolax Corporation GA$15.6M · 0.46%
Wrd, Inc. GA$15.4M · 0.37%
Bridon American Corporation GA$15.2M · 0.29%
Peachtree Packaging, Inc. GA$15.1M · 0.66%
Lee Container, LLC GA$14.7M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 471087239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.