Plan Ledger DOL Form 5500 · updated monthly

Merical, Inc.401(k)

MERICAL, INC. EMPLOYEE'S SAVINGS PLAN · ANAHEIM, CA · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Merical, Inc. reported $97,193 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~90% of peers. Employer contributions averaged $954 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 0.74% to 0.83%. 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 among the smaller plans on file in California (4,891st of 9,483), and 7,896th of 13,661 in manufacturing. In 2024, employees put in $3.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,423,477
Participants with balances542
Active participants466
Employer contributions$444,423
Employee contributions$1,541,559
Employer contribution per active participant$954
Average account balance$22,922
Benefits paid to participants$2,197,627
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 542 accts · $444K emplr
2023$10.9M · 548 accts · $424K emplr
2022$8.3M · 580 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,129
Investment management$42,064
Total administrative$97,193
The Merical, Inc. 401(k) match · 2024
Employer contribution per active participant$954
Median for plans this size$2,416
2024$954 per active participant
2023$907 per active participant
2022$782 per active participant

Merical, 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 · 20244
ADP, INC. · Loan processing · Recordkeeping$55,129
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$24,131
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$17,933
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, GLOBAL RETIREMENT PARTNERS, PENSIONMARK FINANCIAL GROUP, LLC
2023ADP, PENSIONMARK FINANCIAL GROUP, LLC

This plan has changed recordkeepers within these filings. If you left Merical, 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$97,193 · 0.83%
2023$78,615 · 0.82%
2022$65,284 · 0.74%
Same employer
Similar plansManufacturing · California
Hughes Circuits CA$12.5M · 0.28%
Kings Oil Tools, Inc. CA$12.5M · 0.58%
Neology, Inc. CA$12.4M · 0.66%
Nation's Foodservice, Inc. CA$12.3M · 0.58%
Sf Motors, Inc. CA$12.3M · 0.09%
Linksys USA, Inc. CA$12.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952393500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.