Plan Ledger DOL Form 5500 · updated monthly

Magris Talc USA, Inc.401(k)

MAGRIS TALC USA, INC. 401(K) PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.41%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Magris Talc USA, Inc. reported $138,454 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $7,142 per active participant. 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 3 years on file its reported administrative ratio has held roughly steady near 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 71st-largest of 242 plans among Delaware employers on file, and the 223rd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,670,803
Participants with balances280
Active participants233
Employer contributions$1,664,127
Employee contributions$2,067,670
Employer contribution per active participant$7,142
Average account balance$127,396
Benefits paid to participants$3,580,571
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$35.7M · 280 accts · $1.7M emplr
2023$31.6M · 278 accts · $1.6M emplr
2022$25.8M · 270 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,791
Investment management$16,663
Total administrative$138,454
The Magris Talc USA, Inc. 401(k) match · 2024
Employer contribution per active participant$7,142
Median for plans this size$2,416
2024$7,142 per active participant
2023$7,221 per active participant
2022$6,817 per active participant

Magris Talc USA, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

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
ERISA PARTNERS, INC. · Recordkeeping · Loan processing$121,791
ERISA ADVISERS, INC. · Investment advisory (participants) · Investment advisory (plan)$16,663

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

Recordkeeper by year2
2024ERISA PARTNERS, INC.
2023ERISA PARTNERS, INC.

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Administrative cost history3
2024$138,454 · 0.41%
2023$118,211 · 0.41%
2022$105,657 · 0.40%
Same employer
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Seismic Exchange, Inc. TX$37.4M · 0.01%
Eco-Bat Technologies LTD. TX$37.0M · 0.02%
Qb Energy Management, LLC CO$36.9M · 0.42%
Rees-Jones Holdings LLC TX$35.1M · 0.32%
L.G. Everist, Incorporated SD$34.7M · 0.23%
Caerus Operating LLC CO$34.6M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854142985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.