Plan Ledger DOL Form 5500 · updated monthly

Merle Norman Cosmetics, Inc.401(k)

MERLE NORMAN COSMETICS, INC. 401(K) SAVINGS PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Merle Norman Cosmetics, Inc. reported $45,003 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $152 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 3 years on file its reported administrative ratio has held roughly steady near 0.247%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,785th-largest of 9,483 plans among California employers on file, and the 6,142nd of 13,661 in manufacturing. In 2024, employees put in $25.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,866,853
Participants with balances223
Active participants198
Employer contributions$30,009
Employee contributions$754,710
Employer contribution per active participant$152
Average account balance$84,605
Benefits paid to participants$2,509,092
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 223 accts · $30K emplr
2023$17.6M · 235 accts · $41K emplr
2022$14.0M · 241 accts · $28K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,211
Investment management$35,792
Total administrative$45,003
The Merle Norman Cosmetics, Inc. 401(k) match · 2024
Employer contribution per active participant$152
Median for plans this size$2,416
2024$152 per active participant
2023$214 per active participant
2022$140 per active participant

Merle Norman Cosmetics, Inc.'s 2024 employer contribution ran below the $2,416 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
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$35,792
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,211

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$45,003 · 0.25%
2023$32,247 · 0.20%
2022$40,494 · 0.25%
Same employer
Similar plansManufacturing · California
Express Manufacturing, Inc. CA$19.0M · 0.34%
Calmax Technology, Inc. CA$19.0M · 0.03%
Crenshaw Lumber Co., Inc. CA$18.9M · 0.48%
Betts Company CA$18.9M · 0.35%
Ampro Computer, Inc. CA$18.8M · 0.51%
California Supply, Inc. CA$18.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952948991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.