Messer Financial Group401(k)
MESSER FINANCIAL GROUP 401(K) PLAN · CHARLOTTE, NC · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Messer Financial Group reported $2,025 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,890 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.
The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in North Carolina (1,499th of 2,005), and 4,474th of 4,798 in finance & insurance. In 2024, the employer put in $1.99 for every $1.00 employees contributed themselves.
Messer Financial Group's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 364553201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.