Plan Ledger DOL Form 5500 · updated monthly

Marceco, LTD401(k)

MARCECO/UNIVERSAL WIRELESS 401(K) PLAN · GRAND RAPIDS, MI · plan year 2023

Reported admin expense ratio · 2023
0.30%

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

Marceco, LTD reported $10,787 in plan administrative expenses for 2023: 0.30% of average plan assets, below the peer median. Employer contributions averaged $2,352 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 0.44% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Michigan (2,153rd of 2,619), and 1,981st of 2,199 in information & media. In 2023, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,808,232
Participants with balances74
Active participants84
Employer contributions$197,560
Employee contributions$402,316
Employer contribution per active participant$2,352
Average account balance$51,463
Benefits paid to participants$730,714
Plan auditUnmodified (clean) audit opinion
AuditorHELMHOLDT+COMPANY LLP CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$3.8M · 74 accts · $198K emplr
2022$3.4M · 140 accts · $189K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,787
Total administrative$10,787
The Marceco, LTD 401(k) match · 2023
Employer contribution per active participant$2,352
Median for plans this size$1,308
2023$2,352 per active participant
2022$1,798 per active participant

Marceco, LTD's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ADVISORY GROUP, LLC · Investment management$8,904

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

Administrative cost history2
2023$10,787 · 0.30%
2022$15,602 · 0.44%
Similar plansInformation & Media · Michigan
Autobooks, Inc. MI$4.9M · 0.80%
Alliance Mobile MI$4.4M · 0.15%
Blue Link Wireless, LLC MI$1.9M · 7.21%
Commoneo, LLC MI$1.7M · 1.89%
B&M Ashman, Inc. MI$1.0M · 1.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383488505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.