Plan Ledger DOL Form 5500 · updated monthly

Meridian Medical Technologies, LLC401(k)

MERIDIAN MEDICAL TECHNOLOGIES SAVINGS PLAN · COLUMBIA, MD · plan year 2022

Reported admin expense ratio · 2022
0.22%

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

Meridian Medical Technologies, LLC reported $23,865 in plan administrative expenses for 2022: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,163 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Maryland (958th of 1,671), and 550th of 786 in management of companies. In 2022, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,820,233
Participants with balances856
Active participants845
Employer contributions$1,827,895
Employee contributions$4,545,103
Employer contribution per active participant$2,163
Average account balance$12,640
Benefits paid to participants$1,143,919
Plan auditUnmodified (clean) audit opinion
AuditorDELOITTE AND TOUCHE LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $6.9M emplr
2022$10.8M · 856 accts · $1.8M emplr
Administrative expenses, itemized · 2022
Investment management$550
Total administrative$23,865
The Meridian Medical Technologies, LLC 401(k) match · 2022
Employer contribution per active participant$2,163
Median for plans this size$2,266

Meridian Medical Technologies, LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$23,865 · 0.22%
Same employer
Similar plansManagement of Companies · Maryland
B. F. Saul Company MD$263.3M · 0.13%
Access Intelligence LLC MD$35.2M · 0.28%
Mosaic Technologies Group MD$10.8M · 0.07%
Avian Holdings, Inc. MD$3.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520898764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.