Plan Ledger DOL Form 5500 · updated monthly

Meridianlink, Inc.401(k)

MERIDIANLINK 401(K) PROFIT SHARING PLAN & TRUST · COSTA MESA, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Meridianlink, Inc. reported $169,914 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,369 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 1 year on file its reported administrative ratio fell from 0.35% to 0.30%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,432nd-largest of 9,483 plans among California employers on file, and the 2,220th of 11,654 in professional & technical services. In 2024, employees put in $4.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$64,427,170
Participants with balances719
Active participants678
Employer contributions$1,605,920
Employee contributions$6,461,756
Employer contribution per active participant$2,369
Average account balance$89,607
Benefits paid to participants$4,623,676
Plan auditUnmodified (clean) audit opinion
AuditorBDO
Plan history2
Yearassets · accounts · employer contribution
2024$64.4M · 719 accts · $1.6M emplr
2023$50.7M · 756 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,270
Investment management$89,644
Total administrative$169,914
The Meridianlink, Inc. 401(k) match · 2024
Employer contribution per active participant$2,369
Median for plans this size$3,635
2024$2,369 per active participant
2023$2,150 per active participant

Meridianlink, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NFP RETIREMENT INC · Investment advisory (plan)$57,233
EMPOWER ADVISORY GROUP, LLC · Investment management$32,411

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

Administrative cost history2
2024$169,914 · 0.30%
2023$151,278 · 0.35%
Same employer
Similar plansProfessional & Technical Services · California
Mark Thomas & Company, Inc. CA$65.2M · 0.23%
Softbank Inc. CA$64.9M · 0.23%
Baiduusa LLC CA$64.7M · 0.06%
Rigel Pharmaceuticals Inc. CA$64.3M · 0.04%
Automation Anywhere, Inc. CA$64.2M · 0.04%
Bill.com, LLC CA$63.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824844620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.