Plan Ledger DOL Form 5500 · updated monthly

Mar-Val Food Store NO1 Inc401(k)

MAR-VAL FOOD STORE NO1 INC 401K PROFIT SHARING PLAN · LODI, CA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Mar-Val Food Store NO1 Inc reported $70,613 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,294 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 1 year on file its reported administrative ratio fell from 0.72% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (4,778th of 9,483), and 2,576th of 4,246 in wholesale trade. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,922,902
Participants with balances233
Active participants434
Employer contributions$561,454
Employee contributions$495,672
Employer contribution per active participant$1,294
Average account balance$55,463
Benefits paid to participants$261,010
Plan auditUnmodified (clean) audit opinion
AuditorSCHWARTZ GIANNINI LANTSBERGER
Plan history2
Yearassets · accounts · employer contribution
2024$12.9M · 233 accts · $561K emplr
2023$10.5M · 291 accts · $479K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,087
Investment management$25,526
Total administrative$70,613
The Mar-Val Food Store NO1 Inc 401(k) match · 2024
Employer contribution per active participant$1,294
Median for plans this size$2,416
2024$1,294 per active participant
2023$1,144 per active participant

Mar-Val Food Store NO1 Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
JOHN HANCOCK RETIREMENT PLAN SERV · Recordkeeping · Investment advisory (plan)$30,114
ASSOCIATED PENSION CONSULTANTS · Claims processing · Recordkeeping$14,974
WELLS FARGO · Investment advisory (participants) · Investment advisory (plan)$25,526

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

Recordkeeper by year2
2024ASSOCIATED PENSION CONSULTANTS, John Hancock
2023ASSOCIATED PENSION CONSULTANTS, John Hancock

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Administrative cost history2
2024$70,613 · 0.60%
2023$69,093 · 0.72%
Same employer
Similar plansWholesale Trade · California
Msi Computer Corp CA$13.1M · 0.23%
Good Source Solutions, Inc. CA$13.0M · 0.77%
Shock Doctor, Inc. CA$13.0M · 0.04%
Daniels Tire Service, Inc. CA$13.0M · 0.64%
Ocusun, LLC CA$12.9M · 0.81%
Southwest Traders, Inc CA$12.8M · 1.09%
Pjs Lumber, Inc. CA$12.8M · 0.03%
Align Aerospace LLC CA$12.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941495075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.