Plan Ledger DOL Form 5500 · updated monthly

Mericle Construction, Inc.401(k)

MERICLE 401(K) PROFIT SHARING PLAN · WILKES BARRE, PA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Mericle Construction, Inc. reported $141,478 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $4,696 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 0.30% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 847th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,113th of 5,337 in construction. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,239,461
Participants with balances391
Active participants328
Employer contributions$1,540,315
Employee contributions$1,981,405
Employer contribution per active participant$4,696
Average account balance$118,259
Benefits paid to participants$3,614,781
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$46.2M · 391 accts · $1.5M emplr
2023$39.4M · 378 accts · $1.4M emplr
2022$31.6M · 323 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,184
Investment management$55,265
Total administrative$141,478
The Mericle Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$4,696
Median for plans this size$2,416
2024$4,696 per active participant
2023$4,327 per active participant
2022$4,291 per active participant

Mericle Construction, 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
THE PARAGON ALLIANCE GROUP LLC · Plan administrator · Recordkeeping$5,210
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$2,612
JACOBI CAPITAL MANAGMENT LLC · Investment advisory (participants)$55,265

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, THE PARAGON ALLIANCE GROUP LLC
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Mericle Construction, 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$141,478 · 0.33%
2023$112,594 · 0.32%
2022$102,198 · 0.30%
Same employer
Similar plansConstruction · Pennsylvania
S&B USA Construction PA$50.4M · 0.55%
M. Davis & Sons, Inc. PA$49.7M · 0.29%
Sila Services, LLC PA$47.6M · 0.35%
Conewago Holdings, Inc. PA$46.3M · 0.24%
Remco, Inc. PA$45.4M · 0.33%
Myco Mechanical, Inc. PA$40.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232522306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.