Plan Snapshot
- Plan Sponsor: Meridian Industries, INC.
- Sponsor EIN: 390732985
- Sponsor Address: 735 N. WATER STREET, MILWAUKEE, WI, 53202
- Plan Type: 401(k)
- Total Participants: 1,041
- Total Assets: $82.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,041 | $82.7M | $1.7M | $4.8M |
| 2023 | 1,058 | $76.1M | $1.6M | $4.7M |
| 2022 | 1,087 | $66.8M | $1.7M | $4.5M |
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 |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | $13,125 | — | $13,125 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,125
- Estimated Expense Ratio: 0.016% 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 | $179,104 | $36,000 | $129,698 | $13,125 | — |
| 2023 | $162,342 | $36,000 | $111,842 | $14,500 | — |
| 2022 | $210,806 | $41,503 | $161,303 | — | $8,000 |