Plan Ledger DOL Form 5500 · updated monthly

Marcone Group401(k)

MARCONE GROUP 401(K) PLAN · CONWAY, SC · plan year 2022

Reported admin expense ratio · 2022
0.52%

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

Marcone Group reported $98,486 in plan administrative expenses for 2022: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $567 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 297th-largest of 807 plans among South Carolina employers on file, and the 6,448th of 13,661 in manufacturing. In 2022, employees put in $9.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,530,417
Participants with balances310
Active participants258
Employer contributions$146,359
Employee contributions$1,338,451
Employer contribution per active participant$567
Average account balance$56,550
Benefits paid to participants$1,120,783
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$71,633
Investment management$4,428
Audit (IQPA)$22,425
Total administrative$98,486
The Marcone Group 401(k) match · 2022
Employer contribution per active participant$567
Median for plans this size$2,266

Marcone Group's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$98,486 · 0.52%
Similar plansManufacturing · South Carolina
Creform Corporation SC$19.8M · 0.22%
Southland Container Corp. SC$18.6M · 0.35%
3V Sigma USA Inc. SC$17.6M · 0.37%
Inman Mills SC$16.5M · 0.05%
Kiswire, Inc. SC$16.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571073133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.