Plan Ledger DOL Form 5500 · updated monthly

Montrose Environmental Group, Inc.401(k)

MONTROSE ENVIRONMENTAL GROUP 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Montrose Environmental Group, Inc. reported $362,894 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $3,398 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 0.26% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 586th-largest of 9,483 plans among California employers on file, and the 837th of 11,654 in professional & technical services. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$191,121,778
Participants with balances2,832
Active participants2,154
Employer contributions$7,318,229
Employee contributions$16,705,786
Employer contribution per active participant$3,398
Average account balance$67,487
Benefits paid to participants$16,721,910
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$191.1M · 2,832 accts · $7.3M emplr
2023$156.0M · 2,645 accts · $6.5M emplr
2022$128.8M · 2,444 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$195,940
Investment management$132,954
Audit (IQPA)$34,000
Total administrative$362,894
The Montrose Environmental Group, Inc. 401(k) match · 2024
Employer contribution per active participant$3,398
Median for plans this size$3,635
2024$3,398 per active participant
2023$3,161 per active participant
2022$2,901 per active participant

Montrose Environmental 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 · 20243
JOHN HANCOCK RETIREMENT PLAN SVCS · Recordkeeping · Investment management$205,197
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$123,697
WRIGHT, FORD, YOUNG & CO · Accounting / audit$34,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$362,894 · 0.21%
2023$286,018 · 0.20%
2022$289,658 · 0.26%
Same employer
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Sonos, Inc. CA$207.9M · 0.11%
Kratos Integral Holdings LLC CA$194.1M · 0.06%
Arete Associates CA$193.7M · 0.04%
Qad Inc. CA$189.4M · 0.14%
Blackline Inc. CA$184.0M · 0.09%
Integral Systems,Inc. CA$183.4M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464195044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.