Plan Ledger DOL Form 5500 · updated monthly

Meyer Laboratory, Inc.401(k)

MEYER LABORATORY, INC. 401(K) PROFIT SHARING PLAN · BLUE SPRINGS, MO · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

Meyer Laboratory, Inc. reported $38,802 in plan administrative expenses for 2022: 0.40% of average plan assets, below the peer median. Employer contributions averaged $1,463 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 manufacturing employers. By assets it is among the smaller plans on file in Missouri (917th of 1,393), and 9,452nd of 13,661 in manufacturing. In 2022, employees put in $3.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,493,797
Participants with balances88
Active participants157
Employer contributions$229,650
Employee contributions$758,449
Employer contribution per active participant$1,463
Average account balance$96,520
Benefits paid to participants$1,511,177
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,524
Professional / advisory$31,278
Total administrative$38,802
The Meyer Laboratory, Inc. 401(k) match · 2022
Employer contribution per active participant$1,463
Median for plans this size$1,114

Meyer Laboratory, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$38,802 · 0.40%
Same employer
Similar plansManufacturing · Missouri
Biotab LLC MO$9.0M · 0.36%
Handicare USA, Inc. MO$8.9M · 0.41%
Lifeline Foods, LLC MO$8.9M · 0.77%
Johnson Heater Corp MO$8.1M · 0.18%
Bms Holdings, Inc. MO$8.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431185474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.