Plan Ledger DOL Form 5500 · updated monthly

Meridianlink, Inc.401(k)

MERIDIANLINK 401(K) PROFIT SHARING PLAN & TRUST · COSTA MESA, CA · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Meridianlink, Inc. reported $134,379 in plan administrative expenses for 2022: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,016 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 professional & technical services employers. By assets it is the 2,332nd-largest of 9,483 plans among California employers on file, and the 3,613th of 11,654 in professional & technical services. In 2022, employees put in $3.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,797,988
Participants with balances622
Active participants705
Employer contributions$1,421,364
Employee contributions$5,169,986
Employer contribution per active participant$2,016
Average account balance$57,553
Benefits paid to participants$3,400,036
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$53,208
Investment management$81,171
Total administrative$134,379
The Meridianlink, Inc. 401(k) match · 2022
Employer contribution per active participant$2,016
Median for plans this size$2,266

Meridianlink, Inc.'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 history1
2022$134,379 · 0.36%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 330849406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.