Plan Ledger DOL Form 5500 · updated monthly

Meridian Group Inc401(k)

MERIDIAN GROUP 401(K) SAVINGS PLAN · MIDDLETON, WI · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Meridian Group Inc reported $60,237 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,548 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 3 years on file its reported administrative ratio has held roughly steady near 0.488%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Wisconsin (1,147th of 1,936), and the 940th of 2,096 in real estate & leasing. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,888,339
Participants with balances171
Active participants178
Employer contributions$275,512
Employee contributions$560,693
Employer contribution per active participant$1,548
Average account balance$75,370
Benefits paid to participants$1,419,388
Plan auditUnmodified (clean) audit opinion
AuditorSVA CERTIFIED PUBLIC ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 171 accts · $276K emplr
2023$11.8M · 182 accts · $276K emplr
2022$9.8M · 193 accts · $269K emplr
The Meridian Group Inc 401(k) match · 2024
Employer contribution per active participant$1,548
Median for plans this size$2,416
2024$1,548 per active participant
2023$1,543 per active participant
2022$1,572 per active participant

Meridian Group Inc's 2024 employer contribution ran below the $2,416 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 · 20241
JOHNSON BANK · Trustee · Investment advisory (plan)$60,237

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$60,237 · 0.49%
2023$55,370 · 0.51%
2022$54,589 · 0.49%
Same employer
Similar plansReal Estate & Leasing · Wisconsin
Mlg Services Corp WI$15.2M · 1.17%
Oakbrook Corporation WI$13.7M · 0.01%
Conger Industries, Inc. WI$13.1M · 0.48%
Capri Communities LLC WI$9.1M · 1.11%
Arena Event Services WI$8.0M · 0.61%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391619028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.