Plan Ledger DOL Form 5500 · updated monthly

Meritage Healthcare, LLC401(k)

MERITAGE HEALTHCARE, LLC 401(K) PROFIT SHARING PLAN · MACON, GA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Meritage Healthcare, LLC reported $34,301 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $472 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 0.76% to 0.41%. 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 (1,341st of 2,160), and 8,491st of 11,654 in professional & technical services. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 241 to 282 since 2022.

Plan summary
Net assets, end of year$8,521,230
Participants with balances148
Active participants282
Employer contributions$133,038
Employee contributions$223,360
Employer contribution per active participant$472
Average account balance$57,576
Benefits paid to participants$799,725
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 148 accts · $133K emplr
2023$8.0M · 125 accts · $157K emplr
2022$7.1M · 151 accts · $202K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,897
Investment management$12,404
Total administrative$34,301
The Meritage Healthcare, LLC 401(k) match · 2024
Employer contribution per active participant$472
Median for plans this size$1,313
2024$472 per active participant
2023$687 per active participant
2022$837 per active participant

Meritage Healthcare, 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
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$21,897
AMERIPRISE FINANCIAL · Investment advisory (plan)$21,377

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$34,301 · 0.41%
2023$58,030 · 0.77%
2022$59,564 · 0.76%
Same employer
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Minsait Acs Inc. GA$9.0M · 0.72%
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Source: U.S. Department of Labor, Form 5500 series, EIN 770547036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.