Meridian Cooperative Savings Plan — Form 5500 plan (Meridian Cooperative, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Meridian Cooperative Savings Plan is a benefit plan reported by Meridian Cooperative, Inc. under EIN 58-1257418 and plan number 002. The latest loaded filing year is 2023. The filing reports 707 participants and $95,112,691 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$95.1MPlan net assets, end of year$95,112,691
Participants707Covered participants reported
Assets / participant$134.5KComputed: assets ÷ participants$134,530 (computed)
Provider compensation$234.1K2 Schedule C provider row(s)$234,145
- Plan sponsor
- Meridian Cooperative, Inc.
- EIN
- 58-1257418
- Plan number
- 002
- Plan type
- 2
- Location
- Atlanta, GA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 707 | H, C | 20241015211735NAL0049818848001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$95.1M total assets
Net assets$95.1MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $95,112,691
- Net assets (EOY)
- $95,112,691
- Net assets (BOY)
- $84,678,116
Income & contributions
- Employer contributions
- $5,552,778
- Participant contributions
- $4,276,252
- Total contributions
- $10,395,943
- Total income / additions
- $23,764,080
Expenses & distributions
- Benefits paid
- $13,072,754
- Administrative expenses
- $234,111
- Total expenses
- $13,329,505
- Net increase / (decrease)
- $10,434,575
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
56%44%
Employer 56%Participant 44%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income55%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Schwab Retirement Plan Services Inc | NONE | $234,061 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $84 | $0 | 2023 |