Plan Ledger DOL Form 5500 · updated monthly

Madison Resource Funding, LLC401(k)

MADISON RESOURCE FUNDING 401(K) PLAN · PORTSMOUTH, NH · plan year 2024

Reported admin expense ratio · 2024
0.35%

Madison Resource Funding, LLC reported $24,402 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.03% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Hampshire (297th of 411), and the 1,189th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$7,415,911
Participants with balances138
Active participants841
Employer contributions—
Employee contributions$403,691
Employer contribution per active participant—
Average account balance$53,738
Benefits paid to participants$267,023
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 138 accts
2023$6.5M · 143 accts
2022$5.4M · 144 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,863
Investment management$142
Total administrative$24,402
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (plan)$16,349
FORVIS MAZARS, LLC · Accounting / audit$7,800

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$24,402 · 0.35%
2023$2,152 · 0.04%
2022$1,987 · 0.03%
Same employer
Similar plansAdministrative & Support Services · New Hampshire
Bankw Staffing, LLC NH$23.3M · 0.19%
Wou Holdings, Inc. NH$18.5M · 0.47%
Formax, LLC NH$15.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043227695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.