Plan Ledger DOL Form 5500 · updated monthly

Mara Technologies USA Inc.401(k)

MARA TECHNOLOGY USA INC. RETIREMENT TRUST · HOLLY, MI · plan year 2024

Reported admin expense ratio · 2024
2.41%

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

Mara Technologies USA Inc. reported $14,214 in plan administrative expenses for 2024: 2.41% of average plan assets, higher than ~75% of peers. Employer contributions averaged $57 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 rose from 1.48% to 2.41%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,497th of 2,619), and 11,292nd of 11,654 in professional & technical services. In 2024, employees put in $41.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$876,207
Participants with balances196
Active participants169
Employer contributions$9,640
Employee contributions$403,986
Employer contribution per active participant$57
Average account balance$4,470
Benefits paid to participants$39,430
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$876K · 196 accts · $10K emplr
2023$305K · 123 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,214
Total administrative$14,214
The Mara Technologies USA Inc. 401(k) match · 2024
Employer contribution per active participant$57
Median for plans this size$540

Mara Technologies USA Inc.'s 2024 employer contribution ran below the $540 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$316

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

Administrative cost history2
2024$14,214 · 2.41%
2023$4,508 · 1.48%
Similar plansProfessional & Technical Services · Michigan
Moceri Management Co. MI$1.4M · 2.43%
Impact Business Group MI$946K · 1.26%
Walkerhealthcareit, LLC MI$886K · 1.34%
Beyond Basics MI$861K · 1.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 882481919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.