Plan Ledger DOL Form 5500 · updated monthly

Meridian Behavioral Health, LLC401(k)

MERIDIAN BEHAVIORAL HEALTH, LLC 401(K) RETIREMENT SAVINGS PLAN · NEW BRIGHTON, MN · plan year 2023

Reported admin expense ratio · 2023
0.51%

Meridian Behavioral Health, LLC reported $49,948 in plan administrative expenses for 2023: 0.51% of average plan assets, above the peer median. 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 fell from 1.93% to 0.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,286th of 1,918), and the 5,598th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$10,361,275
Participants with balances507
Active participants492
Employer contributions—
Employee contributions$840,415
Employer contribution per active participant—
Average account balance$20,436
Benefits paid to participants$1,157,884
Plan auditUnmodified (clean) audit opinion
AuditorBOULAY GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 453 accts
2023$10.4M · 507 accts
2022$9.1M · 1,732 accts
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
TSC 401K · Contract administrator$425

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

Administrative cost history3
2024$99,804 · 0.97%
2023$49,948 · 0.51%
2022$217,309 · 1.93%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Human Development Center MN$10.8M · 0.07%
Alight MN$10.8M · 0.20%
Ccri, Inc. MN$10.8M · 0.40%
United Skin Specialists LLC MN$10.2M · 0.83%
North Homes, Inc. MN$9.9M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205394048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.