Plan Ledger DOL Form 5500 · updated monthly

Meridian Title Company, LLC401(k)

MERIDIAN TITLE CORPORATION EMPLOYEE'S SAVINGS AND PROFIT SHARING PLAN · SOUTH BEND, IN · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Meridian Title Company, LLC reported $107,162 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $665 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 0.47% to 0.85%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Indiana (782nd of 1,562), and 3,687th of 4,798 in finance & insurance. In 2024, employees put in $5.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,982,879
Participants with balances247
Active participants202
Employer contributions$134,315
Employee contributions$753,012
Employer contribution per active participant$665
Average account balance$52,562
Benefits paid to participants$1,700,657
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 247 accts · $134K emplr
2023$12.3M · 296 accts · $113K emplr
2022$10.1M · 299 accts · $139K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,308
Investment management$58,374
Audit (IQPA)$18,480
Total administrative$107,162
The Meridian Title Company, LLC 401(k) match · 2024
Employer contribution per active participant$665
Median for plans this size$2,416
2024$665 per active participant
2023$571 per active participant
2022$621 per active participant

Meridian Title Company, LLC's 2024 employer contribution ran below the $2,416 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 · 20246
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$28,892
WHALEROCK POINT PARTNERS LLC · Investment advisory (plan)$50,371
MCGLADREY LLP · Accounting / audit$18,480
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan)$7,680
PENTEGRA SERVICES INC · Contract administrator$1,416
EMPOWER ADVISORY GROUP, LLC · Investment management$323

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$107,162 · 0.85%
2023$64,436 · 0.57%
2022$54,119 · 0.47%
Same employer
Similar plansFinance & Insurance · Indiana
Hoosier Hills Credit Union IN$15.4M · 0.31%
The Hometown Savings Bank IN$14.5M · 0.11%
Jackson County Bank IN$13.4M · 0.24%
Seven Corners, Inc. IN$13.3M · 0.20%
Demotte State Bank IN$11.5M · 0.26%
Joint Board of Trustees IN$11.5M · 0.58%
Bloom Insurance Agency, LLC IN$10.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350134643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.