Plan Snapshot
- Plan Sponsor: Mimedx Group, INC.
- Sponsor EIN: 262792552
- Sponsor Address: 1775 WEST OAK COMMONS COURT, MARIETTA, GA, 30062
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,230
- Total Assets: $102.1M
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. |
|---|---|---|---|---|
| 2025 | 1,230 | $102.1M | $0 | $0 |
| 2024 | 842 | $86.2M | $2.5M | $9.0M |
| 2023 | 868 | $75.2M | $2.7M | $9.0M |
| 2022 | 854 | $62.4M | $2.7M | $8.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $73,613 | — | $73,613 |
| STRATEGIC ADVISERS LLC | Investment Advisor | $35,752 | — | $35,752 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,365
- Estimated Expense Ratio: 0.107% 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 |
|---|---|---|---|---|---|
| 2025 | $12,286,067 | $35,752 | — | — | — |
| 2024 | $95,407 | $28,541 | — | — | — |
| 2023 | $59,300 | $18,190 | — | — | — |
| 2022 | $28,162 | $15,234 | — | — | — |