Plan Ledger DOL Form 5500 · updated monthly

Mercalis Inc401(k)

TRIALCARD, INCORPORATED 401(K) PROFIT PLAN AND TRUST · MORRISVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Mercalis Inc reported $211,846 in plan administrative expenses for 2024: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,257 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 0.30% to 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 293rd-largest of 2,005 plans among North Carolina employers on file, and the 241st of 786 in management of companies. In 2024, employees put in $1.51 for every $1.00 the employer contributed; active participation has grown from 1,050 to 1,309 since 2022.

Plan summary
Net assets, end of year$69,180,081
Participants with balances1,508
Active participants1,309
Employer contributions$4,263,815
Employee contributions$6,428,758
Employer contribution per active participant$3,257
Average account balance$45,875
Benefits paid to participants$5,052,003
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.2M · 1,508 accts · $4.3M emplr
2023$54.8M · 1,572 accts · $3.7M emplr
2022$42.2M · 1,170 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,242
Investment management$77,488
Audit (IQPA)$19,300
Total administrative$211,846
The Mercalis Inc 401(k) match · 2024
Employer contribution per active participant$3,257
Median for plans this size$3,635
2024$3,257 per active participant
2023$3,050 per active participant
2022$2,699 per active participant

Mercalis 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 · 20244
PNC BANK NA · Investment advisory (plan)$39,000
EMPOWER ADVISORY GROUP, LLC · Investment management$38,488
HUGHES PITTMAN & GUPTON, LLP · Accounting / audit$19,300

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$211,846 · 0.34%
2023$150,987 · 0.31%
2022$123,402 · 0.30%
Same employer
Similar plansManagement of Companies · North Carolina
Iqvia Inc. NC$3.6B · 0.05%
Ralliant Corporation NC$754.6M · 0.05%
Indicor LLC NC$167.6M · 0.09%
Reged, Inc. NC$37.3M · 0.19%
Murphy Family Ventures, LLC NC$32.5M · 0.28%
Golden Corral Corporation NC$17.3M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522251120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.