Plan Ledger DOL Form 5500 · updated monthly

Mimedx Group, Inc.401(k)

MIMEDX GROUP, INC. 401(K) PLAN · MARIETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Mimedx Group, Inc. reported $95,407 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,941 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 0.04% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 318th-largest of 2,160 plans among Georgia employers on file, and the 231st of 3,341 in other services. In 2024, employees put in $3.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$86,204,012
Participants with balances1,188
Active participants842
Employer contributions$2,475,912
Employee contributions$8,996,809
Employer contribution per active participant$2,941
Average account balance$72,562
Benefits paid to participants$13,314,271
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$86.2M · 1,188 accts · $2.5M emplr
2023$75.2M · 1,152 accts · $2.7M emplr
2022$62.4M · 1,160 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,866
Investment management$28,541
Total administrative$95,407
The Mimedx Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,941
Median for plans this size$3,635
2024$2,941 per active participant
2023$3,091 per active participant
2022$3,211 per active participant

Mimedx Group, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$66,866
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$28,541

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$95,407 · 0.12%
2023$59,300 · 0.09%
2022$28,162 · 0.04%
Same employer
Similar plansOther Services · Georgia
Leaseplan U.S.A., Inc. GA$72.6M · 0.19%
Lor, Inc. GA$70.4M · 0.20%
Sidel, Inc. GA$62.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262792552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.