Plan Ledger DOL Form 5500 · updated monthly

Marathon Coach, Inc.401(k)

MARATHON COACH, INC. PROFIT SHARING 401(K) PLAN · COBURG, OR · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Marathon Coach, Inc. reported $54,584 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $488 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 2 years on file its reported administrative ratio fell from 0.86% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oregon (633rd of 1,021), and 9,776th of 13,661 in manufacturing. In 2024, employees put in $3.70 for every $1.00 the employer contributed; active participation has grown from 193 to 214 since 2022.

Plan summary
Net assets, end of year$7,769,583
Participants with balances229
Active participants214
Employer contributions$104,387
Employee contributions$386,235
Employer contribution per active participant$488
Average account balance$33,928
Benefits paid to participants$753,619
Plan auditUnmodified (clean) audit opinion
AuditorKERNUTT STOKES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 229 accts · $104K emplr
2023$7.2M · 226 accts · $101K emplr
2022$6.2M · 216 accts · $102K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,234
Investment management$18,497
Total administrative$54,584
The Marathon Coach, Inc. 401(k) match · 2024
Employer contribution per active participant$488
Median for plans this size$1,313
2024$488 per active participant
2023$491 per active participant
2022$530 per active participant

Marathon Coach, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
JOHN HANCOCK LIFE INSURACE COMPANY · Recordkeeping · Investment management$2,765
ZUNA, LLC · Investment advisory (participants)$18,497

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$54,584 · 0.73%
2023$55,431 · 0.83%
2022$56,916 · 0.86%
Same employer
Similar plansManufacturing · Oregon
Sawstop, LLC OR$8.0M · 0.02%
Ideal Steel, Inc. OR$7.8M · 0.40%
Turtle Island Foods, Spc OR$7.8M · 0.87%
Western Wire Works, Inc. OR$7.7M · 0.73%
The Ulven Companies OR$7.1M · 0.68%
Herb Pharm, LLC OR$7.1M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931104323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.