Plan Ledger DOL Form 5500 · updated monthly

Mesa Associates, Inc.401(k)

MESA ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN · MADISON, AL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Mesa Associates, Inc. reported $23,546 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,671 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 0.017% to 0.019%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 53rd-largest of 902 plans among Alabama employers on file, and the 1,153rd of 11,654 in professional & technical services. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 974 to 1,076 since 2022.

Plan summary
Net assets, end of year$135,585,420
Participants with balances1,121
Active participants1,076
Employer contributions$3,950,245
Employee contributions$9,257,165
Employer contribution per active participant$3,671
Average account balance$120,950
Benefits paid to participants$14,060,865
Plan auditUnmodified (clean) audit opinion
AuditorHILL FOGG, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$135.6M · 1,121 accts · $4.0M emplr
2023$118.9M · 1,116 accts · $3.6M emplr
2022$98.4M · 1,040 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,546
Total administrative$23,546
The Mesa Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$3,671
Median for plans this size$3,635
2024$3,671 per active participant
2023$3,359 per active participant
2022$3,291 per active participant

Mesa Associates, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$23,545
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$23,546 · 0.02%
2023$18,204 · 0.02%
2022$18,256 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Alabama
Jackson Thornton & Co., P.C. AL$119.9M · 0.07%
Dentons Sirote PC AL$118.1M · 0.33%
Pinnacle Solutions, LLC AL$106.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631029698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.