Plan Ledger DOL Form 5500 · updated monthly

Marathon Electrical Contractors, LLC401(k)

MARATHON ELECTRICAL CONTRACTORS, LLC 401(K) PLAN · IRONDALE, AL · plan year 2025

Reported admin expense ratio · 2025
0.71%

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

Marathon Electrical Contractors, LLC reported $223,929 in plan administrative expenses for 2025: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,150 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 fell from 0.80% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is the 210th-largest of 902 plans among Alabama employers on file, and the 1,401st of 5,337 in construction. In 2025, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 428 to 507 since 2022.

Plan summary
Net assets, end of year$34,164,545
Participants with balances516
Active participants507
Employer contributions$1,596,847
Employee contributions$2,892,638
Employer contribution per active participant$3,150
Average account balance$66,210
Benefits paid to participants$3,037,926
Plan auditUnmodified (clean) audit opinion
AuditorTHE HIGHLANDS ACCOUNTING GROUP, INC
Plan history4
Yearassets · accounts · employer contribution
2025$34.2M · 516 accts · $1.6M emplr
2024$28.6M · 493 accts · $1.3M emplr
2023$23.6M · 461 accts · $973K emplr
2022$18.4M · 428 accts · $899K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$12,582
Investment management$8,973
Trustee / custodial$202,374
Total administrative$223,929
The Marathon Electrical Contractors, LLC 401(k) match · 2025
Employer contribution per active participant$3,150
Median for plans this size$2,666
2025$3,150 per active participant
2024$2,739 per active participant
2023$2,258 per active participant
2022$2,100 per active participant

Marathon Electrical Contractors, LLC's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Participant communication$12,582
RENASANT BANK · Trustee · Investment advisory (plan)$202,374
THE HIGHLANDS ACCOUNTING GROUP, INC · Accounting / audit$8,973

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

Recordkeeper by year3
2025EPIC RPS
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history4
2025$223,929 · 0.71%
2024$196,619 · 0.75%
2023$154,138 · 0.73%
2022$156,586 · 0.80%
Same employer
Similar plansConstruction · Alabama
Scott Bridge Company, Inc. AL$30.6M · 0.44%
Burkes Mechanical, Inc. AL$27.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630948925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.