Plan Snapshot
- Plan Sponsor: Meridian Products, LLC
- Sponsor EIN: 233055953
- Sponsor Address: 124 EARLAND DR, NEW HOLLAND, PA, 17557
- Plan Type: 401(k)
- Total Participants: 130
- Total Assets: $8.5M
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 | 130 | $8.5M | $86,913 | $399,821 |
| 2023 | 131 | $7.2M | $79,377 | $364,356 |
| 2022 | 134 | $6.1M | $77,146 | $373,478 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $29,414 | — | $29,414 |
| ONE DIGITAL INVESTMENT ADVISORS | NONE | $28,052 | — | $28,052 |
| SIMON LEVER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIMON LEVER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,466
- Estimated Expense Ratio: 0.677% 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 | $59,963 | $30,549 | $29,414 | — | — |
| 2023 | $53,545 | $25,828 | $27,717 | — | — |
| 2022 | $64,009 | $24,282 | $39,727 | — | — |