Plan Ledger DOL Form 5500 · updated monthly

Marcorp Limited401(k)

MARCORP LIMITED 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Marcorp Limited reported $10,877 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $500 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 fell from 0.46% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Maryland (1,420th of 1,671), and 2,632nd of 3,341 in other services. In 2024, employees put in $4.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,175,097
Participants with balances114
Active participants113
Employer contributions$56,488
Employee contributions$231,391
Employer contribution per active participant$500
Average account balance$27,852
Benefits paid to participants$223,900
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 114 accts · $56K emplr
2023$2.8M · 114 accts · $56K emplr
2022$2.5M · 110 accts · $51K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,190
Investment management$8,687
Total administrative$10,877
The Marcorp Limited 401(k) match · 2024
Employer contribution per active participant$500
Median for plans this size$1,313
2024$500 per active participant
2023$459 per active participant
2022$468 per active participant

Marcorp Limited's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$2,190
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$8,687

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$10,877 · 0.36%
2023$10,498 · 0.40%
2022$12,198 · 0.46%
Similar plansOther Services · Maryland
Amvets National MD$4.4M · 0.78%
Second Family, Inc. MD$3.6M · 0.11%
Arp Sciences LLC MD$3.3M · 0.11%
Up-To-Date Laundry, LLC MD$3.1M · 0.83%
My Own Place, Inc. MD$3.0M · 0.06%
Providence Center, Inc. MD$2.9M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521376214 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.