# Meyer Products, LLC 401(k) Plan
Source: https://planprovider.pro/companies/meyer-products-llc-401k-plan

> Meyer Products, LLC's 401(k) plan: 126 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Meyer Products, LLC

- **Sponsor EIN:** 202176276

- **Sponsor Address:** 18513 EUCLID AVENUE, CLEVELAND, OH, 44112

- **Plan Type:** 401(k)

- **Total Participants:** 126

- **Total Assets:** $6.5M

## 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|126|$6.5M|$160,081|$415,217|

| 2023|152|$6.1M|$159,020|$415,906|

| 2022|134|$5.5M|$147,426|$350,688|

## 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|

| CORRIGAN KRAUSE|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$47,255|$12,669|$34,586|—|—|

| 2023|$41,411|$15,671|$25,740|—|—|

| 2022|$25,297|$17,244|$8,053|—|—|

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