Plan Ledger DOL Form 5500 · updated monthly

Mesa Systems, Inc.401(k)

MESA SYSTEMS, INC. 401(K) PLAN · GRAND JUNCTION, CO · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Mesa Systems, Inc. reported $38,021 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $522 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 0.83% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Colorado (784th of 1,461), and the 1,144th of 2,677 in transportation & warehousing. In 2024, employees put in $6.03 for every $1.00 the employer contributed; active participation has shrunk from 259 to 233 since 2022.

Plan summary
Net assets, end of year$10,200,050
Participants with balances283
Active participants233
Employer contributions$121,667
Employee contributions$733,310
Employer contribution per active participant$522
Average account balance$36,043
Benefits paid to participants$523,467
Plan auditUnmodified (clean) audit opinion
AuditorDWC
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 283 accts · $122K emplr
2023$6.9M · 281 accts · $76K emplr
2022$7.0M · 361 accts · $85K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,010
Investment management$16,011
Total administrative$38,021
The Mesa Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$522
Median for plans this size$1,313
2024$522 per active participant
2023$373 per active participant
2022$329 per active participant

Mesa Systems, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$31,280
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$16,011
DWC · Accounting / audit$14,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023DWC, The Standard

This plan has changed recordkeepers within these filings. If you left Mesa Systems, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,021 · 0.45%
2023$21,381 · 0.31%
2022$62,732 · 0.83%
Same employer
Similar plansTransportation & Warehousing · Colorado
Windigo Logistics CO$15.7M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841315659 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.