Plan Ledger DOL Form 5500 · updated monthly

Midatlantic Employers Association401(k)

MEA RETIREMENT SAVINGS PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Midatlantic Employers Association reported $105,462 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,986 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 0.35% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,476th-largest of 3,651 plans among Pennsylvania employers on file, and the 579th of 2,534 in administrative & support services. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has grown from 216 to 289 since 2022.

Plan summary
Net assets, end of year$21,551,860
Participants with balances243
Active participants289
Employer contributions$573,877
Employee contributions$1,444,445
Employer contribution per active participant$1,986
Average account balance$88,691
Benefits paid to participants$1,602,110
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 243 accts · $574K emplr
2023$18.8M · 248 accts · $467K emplr
2022$15.8M · 210 accts · $449K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,936
Investment management$49,221
Audit (IQPA)$25,305
Total administrative$105,462
The Midatlantic Employers Association 401(k) match · 2024
Employer contribution per active participant$1,986
Median for plans this size$2,416
2024$1,986 per active participant
2023$1,686 per active participant
2022$2,077 per active participant

Midatlantic Employers Association'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 · 20243
MIDATLANTIC EMPLOYERS ASSOCIATION · Claims processing · Recordkeeping$40,118
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan) · Investment management$49,221
CLIFTONLARSONALLEN LLP · Accounting / audit$25,305

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024MIDATLANTIC EMPLOYERS ASSOCIATION
2023Ameritas, MIDATLANTIC EMPLOYERS ASSOCIATION

This plan has changed recordkeepers within these filings. If you left Midatlantic Employers Association before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$105,462 · 0.52%
2023$81,582 · 0.47%
2022$58,829 · 0.35%
Similar plansAdministrative & Support Services · Pennsylvania
Solid Waste Services, Inc. PA$27.6M · 0.31%
Zeus Fire and Security LLC PA$24.2M · 0.47%
The Degol Organization LP PA$22.3M · 0.29%
Clear Peo, LLC PA$20.3M · 0.64%
The Cei Group, Inc. PA$18.0M · 0.14%
Asd, Inc. PA$17.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230837700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.