Plan Ledger DOL Form 5500 · updated monthly

Meridian Industries, Inc.401(k)

MERIDIAN INDUSTRIES, INC. RETIREMENT PLAN · MILWAUKEE, WI · plan year 2025

Reported admin expense ratio · 2025
0.21%

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

Meridian Industries, Inc. reported $189,875 in plan administrative expenses for 2025: 0.21% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,302 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 fell from 0.29% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other manufacturing employers. By assets it is the 236th-largest of 1,936 plans among Wisconsin employers on file, and the 1,987th of 13,661 in manufacturing. In 2025, employees put in $3.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$94,831,570
Participants with balances1,416
Active participants1,121
Employer contributions$1,459,709
Employee contributions$5,046,047
Employer contribution per active participant$1,302
Average account balance$66,971
Benefits paid to participants$8,495,523
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history4
Yearassets · accounts · employer contribution
2025$94.8M · 1,416 accts · $1.5M emplr
2024$82.7M · 1,319 accts · $1.7M emplr
2023$76.1M · 1,347 accts · $1.6M emplr
2022$66.8M · 1,392 accts · $1.7M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$140,108
Investment management$36,000
Audit (IQPA)$13,520
Total administrative$189,875
The Meridian Industries, Inc. 401(k) match · 2025
Employer contribution per active participant$1,302
Median for plans this size$4,093
2025$1,302 per active participant
2024$1,606 per active participant
2023$1,543 per active participant
2022$1,563 per active participant

Meridian Industries, Inc.'s 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
JOHN HANCOCK · Recordkeeping · Loan processing$140,108
CERITY PARTNERS · Investment advisory (plan)$36,000
WIPFLI LLP · Accounting / audit$13,520

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

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

Administrative cost history4
2025$189,875 · 0.21%
2024$179,104 · 0.23%
2023$162,342 · 0.23%
2022$210,806 · 0.29%
Same employer
Similar plansManufacturing · Wisconsin
Neenah Enterprises, Inc. WI$104.7M · 0.22%
Hellermanntyton Corporation WI$100.5M · 0.18%
Central Processing Corp. WI$92.6M · 0.41%
Aws/Gb Corporation WI$90.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390732985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.