Plan Ledger DOL Form 5500 · updated monthly

Marco's Franchising, LLC401(k)

MARCO'S FRANCHISING 401(K) SAVINGS PLAN · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Marco's Franchising, LLC reported $42,004 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,093 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 rose from 0.49% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (2,221st of 3,295), and 3,105th of 5,215 in retail trade. In 2024, employees put in $5.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,760,984
Participants with balances153
Active participants188
Employer contributions$205,401
Employee contributions$1,154,883
Employer contribution per active participant$1,093
Average account balance$50,725
Benefits paid to participants$1,195,618
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAM VAUGHAN CO.
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 153 accts · $205K emplr
2023$6.3M · 126 accts · $194K emplr
2022$4.3M · 110 accts · $168K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,597
Investment management$21,407
Total administrative$42,004
The Marco's Franchising, LLC 401(k) match · 2024
Employer contribution per active participant$1,093
Median for plans this size$1,313
2024$1,093 per active participant
2023$1,034 per active participant
2022$834 per active participant

Marco's Franchising, LLC's 2024 employer contribution ran below the $1,313 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
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$21,407
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,597

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$42,004 · 0.60%
2023$33,535 · 0.64%
2022$21,482 · 0.49%
Same employer
Similar plansRetail Trade · Ohio
Wilson Enterprises, Inc. OH$7.9M · 0.81%
Jungle Jim's Market, Inc. OH$7.8M · 0.68%
L.D. Management Company OH$7.8M · 0.55%
Best Supply, Inc. OH$7.8M · 0.74%
Cronin Auto, Inc. OH$7.7M · 0.61%
E&H Family Group, Inc. OH$7.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412115468 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.