Plan Ledger DOL Form 5500 · updated monthly

Marco, Inc.401(k)

MARCO TECHNOLOGIES, LLC 401(K) PLAN · ST. CLOUD, MN · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Marco, Inc. reported $175,582 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,655 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 has held roughly steady near 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 198th-largest of 1,918 plans among Minnesota employers on file, and the 306th of 4,246 in wholesale trade. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 1,118 to 1,273 since 2022.

Plan summary
Net assets, end of year$151,401,646
Participants with balances1,833
Active participants1,273
Employer contributions$4,652,456
Employee contributions$8,633,279
Employer contribution per active participant$3,655
Average account balance$82,598
Benefits paid to participants$11,083,179
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$151.4M · 1,833 accts · $4.7M emplr
2023$128.7M · 1,765 accts · $4.4M emplr
2022$103.5M · 1,694 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,983
Investment management$54,599
Total administrative$175,582
The Marco, Inc. 401(k) match · 2024
Employer contribution per active participant$3,655
Median for plans this size$3,635
2024$3,655 per active participant
2023$3,721 per active participant
2022$3,642 per active participant

Marco, Inc.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
LEDGE WEALTH MANAGEMENT INC · Investment advisory (plan)$54,599

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

Administrative cost history3
2024$175,582 · 0.13%
2023$151,332 · 0.13%
2022$140,530 · 0.12%
Same employer
Similar plansWholesale Trade · Minnesota
Convergeone Holdings, Inc. MN$348.1M · 0.13%
Sick, Inc. MN$228.4M · 0.08%
Oxygen Service Co., Inc. MN$133.0M · 0.00%
Kgpco, Inc. MN$107.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410991721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.