Plan Ledger DOL Form 5500 · updated monthly

Mar-Bal, Inc.401(k)

MAR-BAL, INC. RETIREMENT SAVINGS PLAN · CHAGRIN FALLS, OH · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Mar-Bal, Inc. reported $131,492 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,485 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 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,275th-largest of 3,295 plans among Ohio employers on file, and the 5,757th of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,929,098
Participants with balances563
Active participants402
Employer contributions$596,836
Employee contributions$1,244,531
Employer contribution per active participant$1,485
Average account balance$37,174
Benefits paid to participants$733,753
Plan auditUnmodified (clean) audit opinion
AuditorCIUNI & PANICHI, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 563 accts · $597K emplr
2023$17.2M · 552 accts · $522K emplr
2022$13.5M · 524 accts · $450K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,101
Investment management$8,391
Total administrative$131,492
The Mar-Bal, Inc. 401(k) match · 2024
Employer contribution per active participant$1,485
Median for plans this size$2,416
2024$1,485 per active participant
2023$1,302 per active participant
2022$1,213 per active participant

Mar-Bal, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20245
LEAFHOUSE FINANCIAL ADVISORS, LLC$8,391
EMPOWER ADVISORY GROUP, LLC · Investment management$1,479
AMERIPRISE FINANCIAL SERVICES LLCindirect comp
CBIZ BENEFITS & INS SERVICES INC · Contract administratorindirect comp

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$131,492 · 0.69%
2023$106,982 · 0.70%
2022$94,525 · 0.67%
Same employer
Similar plansManufacturing · Ohio
Webb-Stiles Company OH$21.2M · 0.26%
Cold Jet, LLC OH$21.1M · 0.29%
Ctg, LLC OH$21.0M · 0.04%
Anomatic Corporation OH$20.9M · 0.45%
Rhinestahl Corporation OH$20.8M · 0.36%
Tls Corporation OH$20.8M · 0.03%
Denoon Lumber Company, LLC OH$20.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341059601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.