Plan Ledger DOL Form 5500 · updated monthly

The Meyocks Group, Inc.401(k)

THE MEYOCKS GROUP, INC. 401(K) PLAN · WEST DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

The Meyocks Group, Inc. reported $12,785 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,025 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Iowa (502nd of 878), and 6,721st of 11,654 in professional & technical services. In 2024, employees put in $3.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,427,712
Participants with balances117
Active participants97
Employer contributions$196,454
Employee contributions$778,845
Employer contribution per active participant$2,025
Average account balance$123,314
Benefits paid to participants$425,968
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$14.4M · 117 accts · $196K emplr
2023$11.9M · 107 accts · $214K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,785
Total administrative$12,785
The The Meyocks Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,025
Median for plans this size$2,416
2024$2,025 per active participant
2023$2,575 per active participant

The Meyocks Group, Inc.'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 · 20242
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$23,324
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history2
2024$12,785 · 0.10%
2023Not separately reported
Similar plansProfessional & Technical Services · Iowa
Medirevv, Inc. IA$19.0M · 0.66%
Foodchain Id Group, Inc. IA$18.9M · 0.58%
Iowa Legal Aid IA$14.8M · 0.30%
Lean Techniques, Inc. IA$14.5M · 0.30%
Continuum Advantage, LLC IA$14.3M · 0.72%
Leepfrog Technologies, Inc. IA$13.9M · 0.07%
Economy Advertising Company IA$11.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262766935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.