Plan Ledger DOL Form 5500 · updated monthly

Meriton, LLC401(k)

MERITON, LLC 401(K) PROFIT SHARING PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Meriton, LLC reported $234,483 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $7,164 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 0.18% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 441st-largest of 5,688 plans among Texas employers on file, and the 399th of 5,337 in construction. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 704 to 1,519 since 2022.

Plan summary
Net assets, end of year$168,357,617
Participants with balances1,581
Active participants1,519
Employer contributions$10,882,604
Employee contributions$14,323,196
Employer contribution per active participant$7,164
Average account balance$106,488
Benefits paid to participants$9,161,174
Plan auditUnmodified (clean) audit opinion
AuditorPRICE KUBECKA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$168.4M · 1,581 accts · $10.9M emplr
2023$124.8M · 1,129 accts · $6.5M emplr
2022$62.3M · 600 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,990
Investment management$117,493
Total administrative$234,483
The Meriton, LLC 401(k) match · 2024
Employer contribution per active participant$7,164
Median for plans this size$3,635
2024$7,164 per active participant
2023$5,825 per active participant
2022$5,519 per active participant

Meriton, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$116,990
WOODBURY FINANCIAL SERVICES INC · Investment advisory (plan)$78,513
OSAIC WEALTH INC · Investment advisory (plan)$38,981

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$234,483 · 0.16%
2023$165,653 · 0.18%
2022$120,330 · 0.18%
Same employer
Similar plansConstruction · Texas
Hcbeck, LTD. TX$189.9M · 0.17%
Webber, LLC. TX$189.3M · 0.19%
Service Experts LLC TX$151.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833801275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.