Plan Ledger DOL Form 5500 · updated monthly

Merlin Law Group, PLLC401(k)

MERLIN LAW GROUP, PLLC 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Merlin Law Group, PLLC reported $67,979 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,115 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 0.60% to 0.87%. 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 Florida (1,933rd of 3,644), and 8,442nd of 11,654 in professional & technical services. In 2024, employees put in $3.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,649,639
Participants with balances129
Active participants105
Employer contributions$222,043
Employee contributions$763,575
Employer contribution per active participant$2,115
Average account balance$67,051
Benefits paid to participants$384,287
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.6M · 129 accts · $222K emplr
2022$5.8M · 70 accts · $164K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,883
Total administrative$67,979
The Merlin Law Group, PLLC 401(k) match · 2024
Employer contribution per active participant$2,115
Median for plans this size$1,313
2024$2,115 per active participant
2022$1,932 per active participant

Merlin Law Group, PLLC's 2024 employer contribution ran above the $1,313 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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$20,096
KB PENSION SERVICES INC · Contract administrator$975

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$67,979 · 0.87%
2022$39,625 · 0.60%
Same employer
Similar plansProfessional & Technical Services · Florida
Rekcut Photographic, Inc. FL$8.7M · 0.48%
Lukos, LLC FL$8.7M · 0.43%
Cvr Associates, Inc. FL$8.6M · 1.27%
Disti Corporation FL$8.6M · 0.61%
Ceohr, Inc. FL$8.6M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470948426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.