Plan Ledger DOL Form 5500 · updated monthly

Mesh Logistics, Inc.401(k)

MESH LOGISTICS, INC. RETIREMENT PLAN · RANCHO DOMINGUEZ, CA · plan year 2024

Reported admin expense ratio · 2024
1.58%

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

Mesh Logistics, Inc. reported $23,150 in plan administrative expenses for 2024: 1.58% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,798 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 1.27% to 1.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (8,443rd of 9,483), and 10,985th of 11,654 in professional & technical services. In 2024, the employer put in $7.65 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,710,575
Participants with balances197
Active participants191
Employer contributions$343,410
Employee contributions$44,917
Employer contribution per active participant$1,798
Average account balance$8,683
Benefits paid to participants$51,809
Plan auditUnmodified (clean) audit opinion
AuditorPATRICK HARPER CPA INC
Plan history3
Yearassets · accounts · employer contribution
2024$1.7M · 197 accts · $343K emplr
2023$1.2M · 198 accts · $318K emplr
2022$791K · 234 accts · $354K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,150
Total administrative$23,150
The Mesh Logistics, Inc. 401(k) match · 2024
Employer contribution per active participant$1,798
Median for plans this size$1,313
2024$1,798 per active participant
2023$1,638 per active participant
2022$1,808 per active participant

Mesh Logistics, Inc.'s 2024 employer contribution ran above 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.

Administrative cost history3
2024$23,150 · 1.58%
2023$15,582 · 1.55%
2022$8,334 · 1.27%
Similar plansProfessional & Technical Services · California
Tr Accountants CA$1.7M · 0.65%
Enlighticare, Inc. CA$1.7M · 0.31%
Luth Research, LLC CA$1.7M · 1.82%
J. Perez Associates, Inc. CA$1.7M · 0.71%
Eastbay Equities Inc CA$1.6M · 0.40%
Coe Orchard Equipment Inc CA$1.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460863171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.