Plan Ledger DOL Form 5500 · updated monthly

Meteorcomm LLC401(k)

METEORCOMM 401(K) PLAN · RENTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Meteorcomm LLC reported $13,969 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,165 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 0.03% to 0.04%. 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 427th-largest of 1,714 plans among Washington employers on file, and the 3,711th of 13,661 in manufacturing. In 2024, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,589,137
Participants with balances202
Active participants180
Employer contributions$1,109,757
Employee contributions$2,574,257
Employer contribution per active participant$6,165
Average account balance$195,986
Benefits paid to participants$6,123,778
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.6M · 202 accts · $1.1M emplr
2023$36.3M · 205 accts · $1.1M emplr
2022$29.2M · 196 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,875
Investment management$12,094
Total administrative$13,969
The Meteorcomm LLC 401(k) match · 2024
Employer contribution per active participant$6,165
Median for plans this size$2,416
2024$6,165 per active participant
2023$5,846 per active participant
2022$6,145 per active participant

Meteorcomm LLC's 2024 employer contribution ran above the $2,416 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.

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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,094
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,875

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$13,969 · 0.04%
2023$9,758 · 0.03%
2022$8,836 · 0.03%
Same employer
Similar plansManufacturing · Washington
Direct Connect Group, LLC WA$43.7M · 0.31%
Romac Industries, Inc. WA$43.5M · 0.10%
Hardel Mutual Plywood Corp. WA$39.1M · 0.01%
Lynden Door, Inc. WA$38.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900529594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.