Plan Ledger DOL Form 5500 · updated monthly

Metacoastal, LLC401(k)

METACOASTAL 401K PLAN · GLEN BURNIE, MD · plan year 2022

Reported admin expense ratio · 2022
0.99%

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

Metacoastal, LLC reported $26,935 in plan administrative expenses for 2022: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $351 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 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Maryland (1,493rd of 1,671), and 1,848th of 2,534 in administrative & support services. In 2022, employees put in $7.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,450,810
Participants with balances92
Active participants61
Employer contributions$21,420
Employee contributions$164,763
Employer contribution per active participant$351
Average account balance$26,639
Benefits paid to participants$197,933
Plan auditUnmodified (clean) audit opinion
AuditorKATZ ABOSCH
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$26,935
Total administrative$26,935
The Metacoastal, LLC 401(k) match · 2022
Employer contribution per active participant$351
Median for plans this size$1,114

Metacoastal, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$26,935 · 0.99%
Similar plansAdministrative & Support Services · Maryland
A-Team Solutions, LLC MD$3.2M · 1.19%
Bates Trucking Co Inc MD$2.6M · 0.85%
Bti Security MD$2.5M · 1.99%
Pioneer, LLC MD$2.2M · 0.22%
M.J. Morgan Group, LLC MD$2.2M · 1.10%
Complete Industries, Inc. MD$2.1M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475633364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.