Plan Ledger DOL Form 5500 · updated monthly

Mesa Laboratories, Inc.401(k)

MESA LABORATORIES, INC. 401(K) RETIREMENT PLAN · LAKEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Mesa Laboratories, Inc. reported $61,879 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,735 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 0.19% to 0.13%. 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 255th-largest of 1,461 plans among Colorado employers on file, and the 3,272nd of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,652,730
Participants with balances623
Active participants509
Employer contributions$1,901,014
Employee contributions$3,772,364
Employer contribution per active participant$3,735
Average account balance$76,489
Benefits paid to participants$8,544,430
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.7M · 623 accts · $1.9M emplr
2023$44.0M · 566 accts · $1.6M emplr
2022$35.2M · 587 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,879
Total administrative$61,879
The Mesa Laboratories, Inc. 401(k) match · 2024
Employer contribution per active participant$3,735
Median for plans this size$2,416
2024$3,735 per active participant
2023$3,449 per active participant
2022$4,152 per active participant

Mesa Laboratories, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$61,879

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$61,879 · 0.13%
2023$55,034 · 0.14%
2022$64,227 · 0.19%
Same employer
Similar plansManufacturing · Colorado
Spectra Logic CO$53.4M · 0.32%
Tuff Shed, Inc. CO$52.1M · 0.00%
Standard Biotools Inc. CO$48.4M · 0.04%
Midwest Pms CO$39.2M · 0.36%
Simply Good Foods USA, Inc. CO$36.9M · 0.41%
Norican Group US CO$36.2M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840872291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.