Plan Snapshot
- Plan Sponsor: Meredian Holdings Group, INC.
- Sponsor EIN: 471087239
- Sponsor Address: 1301 COLQUITT HWY, BAINBRIDGE, GA, 39817
- Plan Type: 401(k)
- Total Participants: 166
- Total Assets: $15.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 166 | $15.4M | $701,006 | $1.4M |
| 2023 | 256 | $13.5M | $805,660 | $1.5M |
| 2022 | 243 | $10.1M | $769,791 | $1.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MAI CAPITAL MANAGEMENT, LLC | INVESTMENT/FINANCIAL ADVI | $41,785 | — | $41,785 |
| ADP, INC. | RECORD KEEPER | $8,532 | — | $8,532 |
| THOMAS HOWELL FERGUSON P.A.CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- THOMAS HOWELL FERGUSON P.A.CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,317
- Estimated Expense Ratio: 0.327% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $92,103 | $83,571 | — | — | — |
| 2023 | $70,245 | $64,435 | — | — | — |
| 2022 | $52,570 | — | — | — | — |