Plan Ledger DOL Form 5500 · updated monthly

Meruelo Group LLC401(k)

MERUELO GROUP 401(K) PLAN AND TRUST · DOWNEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Meruelo Group LLC reported $224,355 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $795 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 1 year on file its reported administrative ratio fell from 0.21% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 841st-largest of 9,483 plans among California employers on file, and the 185th of 786 in management of companies. In 2024, employees put in $4.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$124,530,424
Participants with balances3,988
Active participants3,458
Employer contributions$2,748,059
Employee contributions$12,542,728
Employer contribution per active participant$795
Average account balance$31,226
Benefits paid to participants$16,702,501
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$124.5M · 3,988 accts · $2.7M emplr
2023$109.2M · 3,867 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$118,376
Investment management$19,485
Audit (IQPA)$22,000
Total administrative$224,355
The Meruelo Group LLC 401(k) match · 2024
Employer contribution per active participant$795
Median for plans this size$3,635
2024$795 per active participant
2023$415 per active participant

Meruelo Group LLC's 2024 employer contribution ran below the $3,635 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 · 20247
MARILYN RYDING$64,000
BAKER TILLY US LLP · Accounting / audit$22,000
THE RETIREMENT COMPANY INC DBA THE · Consulting$11,500
EMPOWER ADVISORY GROUP, LLC · Investment management$7,985
ALLIANT INSURANCE SERVICES INC$494
CAPITAL SYNERGY PARTNERSindirect comp

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$224,355 · 0.19%
2023$210,978 · 0.21%
Same employer
Similar plansManagement of Companies · California
Platinum Equity, LLC CA$313.1M · 0.03%
Kyocera International, Inc. CA$273.9M · 0.03%
Hoya Holdings, Inc. CA$173.4M · 0.29%
Nantworks, LLC CA$122.0M · 0.08%
Fernandez Holdings, Inc. CA$121.4M · 0.53%
Data Analysis, Inc. CA$102.3M · 0.06%
Wendy Mulhall CA$100.6M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 901017707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.