Plan Ledger DOL Form 5500 · updated monthly

Meriplex Communications, LTD401(k)

MERIPLEX 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Meriplex Communications, LTD reported $80,663 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,650 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 0.13% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,699th-largest of 5,688 plans among Texas employers on file, and the 4,615th of 11,654 in professional & technical services. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 467 to 619 since 2022.

Plan summary
Net assets, end of year$26,050,142
Participants with balances495
Active participants619
Employer contributions$1,640,501
Employee contributions$3,648,832
Employer contribution per active participant$2,650
Average account balance$52,627
Benefits paid to participants$2,493,108
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 495 accts · $1.6M emplr
2023$19.5M · 419 accts · $1.6M emplr
2022$11.4M · 321 accts · $934K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,252
Investment management$8,411
Total administrative$80,663
The Meriplex Communications, LTD 401(k) match · 2024
Employer contribution per active participant$2,650
Median for plans this size$2,416
2024$2,650 per active participant
2023$2,627 per active participant
2022$2,001 per active participant

Meriplex Communications, LTD's 2024 employer contribution ran above the $2,416 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
LEAFHOUSE · Investment advisory (participants)$8,411
PARK AVENUE SECURITIESindirect comp

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$80,663 · 0.35%
2023$82,667 · 0.54%
2022$12,051 · 0.13%
Same employer
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Aerie Pharmaceuticals, Inc. TX$26.4M · 0.16%
Topographic Om, Inc. TX$26.4M · 0.61%
Arion Blue, LLC TX$26.1M · 0.49%
Ksa Engineers, Inc. TX$25.9M · 0.37%
Opportune LLP TX$25.7M · 0.25%
Ndt Global, LLC TX$25.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611904644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.