Plan Ledger DOL Form 5500 · updated monthly

Mountain Empire Animal Hospital, PLLC401(k)

MEAH 401(K) PLAN · JOHNSON CITY, TN · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Mountain Empire Animal Hospital, PLLC reported $37,724 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,743 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 0.32% to 0.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Tennessee (1,112th of 1,496), and 10,003rd of 11,654 in professional & technical services. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,450,746
Participants with balances108
Active participants119
Employer contributions$207,383
Employee contributions$360,370
Employer contribution per active participant$1,743
Average account balance$41,211
Benefits paid to participants$203,371
Plan auditUnmodified (clean) audit opinion
AuditorPURKEY, CARTER, COMPTON, SWANN AND
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 108 accts · $207K emplr
2023$3.6M · 112 accts · $203K emplr
2022$2.9M · 122 accts · $208K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,724
Total administrative$37,724
The Mountain Empire Animal Hospital, PLLC 401(k) match · 2024
Employer contribution per active participant$1,743
Median for plans this size$1,313
2024$1,743 per active participant
2023$1,691 per active participant
2022$1,693 per active participant

Mountain Empire Animal Hospital, PLLC's 2024 employer contribution ran above the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$37,724
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$37,724 · 0.93%
2023$33,512 · 1.03%
2022$9,279 · 0.32%
Similar plansProfessional & Technical Services · Tennessee
Skuid, Inc. TN$5.0M · 0.23%
Rayner LLC TN$4.6M · 0.11%
Transnetyx, Inc. TN$4.2M · 0.54%
Bohan Agency, Inc TN$4.0M · 0.20%
Tele-Optics, Inc. TN$4.0M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161665489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.