Plan Ledger DOL Form 5500 · updated monthly

Marcum LLP401(k)

MARCUM LLP 401(K) PLAN · MELVILLE, NY · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Marcum LLP reported $271,915 in plan administrative expenses for 2023: 0.05% of average plan assets, below the peer median. Employer contributions averaged $3,877 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 rose from 0.046% to 0.055%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other professional & technical services employers. By assets it is the 208th-largest of 5,648 plans among New York employers on file, and the 319th of 11,654 in professional & technical services. In 2023, employees put in $2.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$557,971,013
Participants with balances5,299
Active participants3,682
Employer contributions$14,273,796
Employee contributions$35,134,512
Employer contribution per active participant$3,877
Average account balance$105,297
Benefits paid to participants$29,566,921
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$558.0M · 5,299 accts · $14.3M emplr
2022$434.9M · 4,822 accts · $11.4M emplr
The Marcum LLP 401(k) match · 2023
Employer contribution per active participant$3,877
Median for plans this size$4,362
2023$3,877 per active participant
2022$3,182 per active participant

Marcum LLP's 2023 employer contribution ran below the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$235,652
HUB INTERNATIONAL$21,305
KAHN LITWIN RENZA & CO LTD$18,450

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$271,915 · 0.05%
2022$187,996 · 0.05%
Same employer
Similar plansProfessional & Technical Services · New York
Skanska USA Inc. NY$575.7M · 0.06%
Spotify USA Inc. NY$565.8M · 0.11%
Hazen and Sawyer, D.P.C. NY$549.5M · 0.00%
Shearman & Sterling LLP NY$542.1M · 0.04%
Milbank LLP NY$521.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111986323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.