Plan Ledger DOL Form 5500 · updated monthly

Management and Engineering Technologies International, Inc.401(k)

METI 401(K) PLAN · EL PASO, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Management and Engineering Technologies International, Inc. reported $13,314 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,590 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 fell from 0.09% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,053rd-largest of 5,688 plans among Texas employers on file, and the 5,635th of 11,654 in professional & technical services. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,577,937
Participants with balances232
Active participants132
Employer contributions$605,880
Employee contributions$1,299,421
Employer contribution per active participant$4,590
Average account balance$84,388
Benefits paid to participants$2,231,643
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 232 accts · $606K emplr
2023$16.6M · 228 accts · $574K emplr
2022$12.9M · 205 accts · $268K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,838
Investment management$9,476
Total administrative$13,314
The Management and Engineering Technologies International, Inc. 401(k) match · 2024
Employer contribution per active participant$4,590
Median for plans this size$2,416
2024$4,590 per active participant
2023$4,016 per active participant
2022$2,079 per active participant

Management and Engineering Technologies International, Inc.'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)$9,476
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,838

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$13,314 · 0.07%
2023$10,464 · 0.07%
2022$13,513 · 0.09%
All plans at this employer2
MANAGEMENT AND ENGINEERING TECHNOLOGIES INTERNATIONAL, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
METI 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 742698510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.