Merative US L.P. 401(k) Review & Grade
Merative US L.P. 401(k) Retirement Plan
United States, MIProfessional, Scientific & Technical Services1,276 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,828Employer $ per active participant
$16,831Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$117.6MNet plan assets, end of year
$75,028Average balance per account
Score breakdown
- Employer generosity36.0 / 5072th percentile for employer $ per participant
- Low cost20.0 / 2580th percentile for low admin cost vs. same-size plans
- Employee saving14.1 / 1594th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score67 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | 80th |
| Employee saving | 94th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($6,164 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $3,570 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Merative US L.P. put in about $4,828 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $6,162,691 |
| Participant (employee) contributions | $21,484,959 |
| Other contributions (incl. rollovers in) | $6,345,133 |
| Administrative expenses paid from the plan | $77,306 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $14,840 |
| Other admin expenses | $25,293 |
| Benefits paid out | $11,555,656 |
| Net assets, start / end of year | $82.7M / $117.6M |
| Active participants, start / end of year | 1,309 / 1,244 |
| Participants with account balances | 1,567 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $25,544 reported compensation |
| Usi Advisors | $25,293 reported compensation |
| Strategic Advisors, Inc. | $14,840 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250926133821NAL0004039571001, received 2025-09-26, EIN 88-1430661, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.