Plan Ledger DOL Form 5500 · updated monthly

Meridian Bioscience, Inc.401(k)

MERIDIAN BIOSCIENCE, INC. SAVINGS & INVESTMENT PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Meridian Bioscience, Inc. reported $166,457 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $5,304 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 0.18% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 400th-largest of 3,295 plans among Ohio employers on file, and the 464th of 4,246 in wholesale trade. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$90,456,294
Participants with balances801
Active participants520
Employer contributions$2,757,843
Employee contributions$4,075,931
Employer contribution per active participant$5,304
Average account balance$112,929
Benefits paid to participants$8,384,782
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$90.5M · 801 accts · $2.8M emplr
2023$82.0M · 778 accts · $2.6M emplr
2022$74.9M · 777 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,105
Audit (IQPA)$24,750
Total administrative$166,457
The Meridian Bioscience, Inc. 401(k) match · 2024
Employer contribution per active participant$5,304
Median for plans this size$3,635
2024$5,304 per active participant
2023$5,261 per active participant
2022$5,893 per active participant

Meridian Bioscience, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
KATZ SAPPER & MILLER$10,000
KATZ, SAPPER & MILLER$7,750
CASSADY SCHILLER CPAS & ADVISORS$7,000

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$166,457 · 0.19%
2023$149,441 · 0.19%
2022$150,295 · 0.18%
Same employer
Similar plansWholesale Trade · Ohio
Wasserstrom Holdings, Inc. OH$95.0M · 0.13%
Clarke Power Services, Inc. OH$94.6M · 0.24%
Brothers Trading Co., Inc. OH$94.1M · 0.05%
Transtar Industries, LLC OH$85.9M · 0.11%
The Habegger Corporation OH$81.5M · 0.21%
Imcd Holdings U.S., Inc. OH$79.5M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310888197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.