Plan Ledger DOL Form 5500 · updated monthly

Addium, Inc.401(k)

METER GROUP, INC. USA 401(K) PLAN · PULLMAN, WA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Addium, Inc. reported $96,301 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,074 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 0.47% to 0.53%. 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 740th-largest of 1,714 plans among Washington employers on file, and the 6,271st of 13,661 in manufacturing. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has shrunk from 281 to 117 since 2022.

Plan summary
Net assets, end of year$18,318,289
Participants with balances219
Active participants117
Employer contributions$242,624
Employee contributions$559,956
Employer contribution per active participant$2,074
Average account balance$83,645
Benefits paid to participants$3,255,683
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 219 accts · $243K emplr
2023$18.2M · 227 accts · $371K emplr
2022$14.5M · 231 accts · $415K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,319
Investment management$46,083
Trustee / custodial$44,899
Total administrative$96,301
The Addium, Inc. 401(k) match · 2024
Employer contribution per active participant$2,074
Median for plans this size$2,416
2024$2,074 per active participant
2023$1,460 per active participant
2022$1,478 per active participant

Addium, Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20244
D.A. DAVIDSON & CO · Custodial (securities)$46,083
RANDALL & HURLEY, INC. · Investment advisory (plan)$5,319
CHARLES SCHWAB · Custodial (securities)$2,143

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$96,301 · 0.53%
2023$88,695 · 0.54%
2022$72,917 · 0.47%
Same employer
Similar plansManufacturing · Washington
Orca Bay Foods, LLC WA$18.7M · 0.19%
Achilles USA, Inc. WA$18.0M · 0.30%
Icom America, Inc. WA$17.8M · 0.12%
Zak Designs, Inc. WA$17.6M · 0.40%
Idd Aerospace Corporation WA$17.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911207832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.