Plan Ledger DOL Form 5500 · updated monthly

Mesa Fully Formed, LLC401(k)

MESA FULLY FORMED 401(K) PLAN · MESA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Mesa Fully Formed, LLC reported $20,724 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $722 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 1.19% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Arizona (920th of 1,285), and 11,903rd of 13,661 in manufacturing. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has shrunk from 307 to 262 since 2022.

Plan summary
Net assets, end of year$3,716,584
Participants with balances164
Active participants262
Employer contributions$189,135
Employee contributions$452,157
Employer contribution per active participant$722
Average account balance$22,662
Benefits paid to participants$160,917
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 164 accts · $189K emplr
2023$2.9M · 155 accts · $208K emplr
2022$2.0M · 175 accts · $230K emplr
The Mesa Fully Formed, LLC 401(k) match · 2024
Employer contribution per active participant$722
Median for plans this size$1,313
2024$722 per active participant
2023$722 per active participant
2022$748 per active participant

Mesa Fully Formed, LLC's 2024 employer contribution ran below 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 · 20244
CWM LLC · Investment management$17,145
NATIONWIDE · Investment management$13,163
PROACCOUNT · Investment advisory (participants)$2,324
NATIONWIDE · Investment management$503

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$20,724 · 0.63%
2023$18,131 · 0.75%
2022$21,607 · 1.19%
Same employer
Similar plansManufacturing · Arizona
Precision Aerospace LLC AZ$4.2M · 0.78%
F&B Mfg LLC AZ$3.9M · 0.77%
Classy Closets Etc., Inc. AZ$3.6M · 1.27%
Oak Craft, Inc. AZ$3.5M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271260137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.