Plan Ledger DOL Form 5500 · updated monthly

Meridian Services Group, LLC401(k)

MERIDIAN SERVICES GROUP, LLC 401(K) PLAN · GREENSBORO, GA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Meridian Services Group, LLC reported $15,081 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 fell from 0.49% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,379th of 2,160), and 8,696th of 11,654 in professional & technical services. active participation has shrunk from 223 to 167 since 2022.

Plan summary
Net assets, end of year$7,977,914
Participants with balances174
Active participants167
Employer contributions$0
Employee contributions$1,275,762
Employer contribution per active participant$0
Average account balance$45,850
Benefits paid to participants$1,710,875
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 174 accts
2023$7.5M · 162 accts
2022$6.0M · 173 accts · $3K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,810
Investment management$12,271
Total administrative$15,081
The Meridian Services Group, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Meridian Services Group, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ELEMENT WEALTH LLC · Investment advisory (plan)$11,351

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$15,081 · 0.20%
2023$14,719 · 0.22%
2022$29,484 · 0.49%
Same employer
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Chc Technology, LLC GA$8.2M · 0.43%
Serv IT, Inc. GA$8.2M · 0.15%
PHASE3 Media, LLC GA$8.1M · 0.81%
McMichael & Gray, P.C. GA$7.9M · 0.30%
Malik Consulting Inc GA$7.9M · 0.41%
Leapfrog Services, Inc. GA$7.8M · 0.08%
Acuant, Inc GA$7.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842556709 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.