Plan Ledger DOL Form 5500 · updated monthly

The Mission Essential Group, LLC401(k)

MISSION ESSENTIAL GROUP, LLC RETIREMENT PLAN · NEW ALBANY, OH · plan year 2024

Employer contribution per participant · 2024
$709

The Mission Essential Group, LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $39,799,188 across 710 participant accounts, with employer contributions averaging $709 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.01% to 0.00%. 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 the 770th-largest of 3,295 plans among Ohio employers on file, and the 3,316th of 11,654 in professional & technical services. In 2024, employees put in $4.25 for every $1.00 the employer contributed; active participation has grown from 623 to 885 since 2022.

Plan summary
Net assets, end of year$39,799,188
Participants with balances710
Active participants885
Employer contributions$627,338
Employee contributions$2,667,548
Employer contribution per active participant$709
Average account balance$56,055
Benefits paid to participants$5,620,593
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.8M · 710 accts · $627K emplr
2023$36.1M · 684 accts · $788K emplr
2022$31.6M · 698 accts · $640K emplr
The The Mission Essential Group, LLC 401(k) match · 2024
Employer contribution per active participant$709
Median for plans this size$2,416
2024$709 per active participant
2023$1,077 per active participant
2022$1,027 per active participant

The Mission Essential Group, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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.

Service providers · 20241
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 history3
2024Not separately reported
2023$195 · 0.00%
2022$5,248 · 0.01%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 832779739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.