Plan Ledger DOL Form 5500 · updated monthly

Marcus Thomas, LLC401(k)

MARCUS THOMAS, LLC. TAX-DEFERRED SAVINGS PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Marcus Thomas, LLC reported $18,825 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,556 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 0.05% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 966th-largest of 3,295 plans among Ohio employers on file, and the 4,154th of 11,654 in professional & technical services. In 2024, employees put in $3.21 for every $1.00 the employer contributed; active participation has shrunk from 198 to 161 since 2022.

Plan summary
Net assets, end of year$30,256,655
Participants with balances214
Active participants161
Employer contributions$411,479
Employee contributions$1,322,889
Employer contribution per active participant$2,556
Average account balance$141,386
Benefits paid to participants$5,741,817
Plan auditUnmodified (clean) audit opinion
AuditorCOHEN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$30.3M · 214 accts · $411K emplr
2023$29.9M · 227 accts · $158K emplr
2022$24.9M · 248 accts · $428K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,825
Total administrative$18,825
The Marcus Thomas, LLC 401(k) match · 2024
Employer contribution per active participant$2,556
Median for plans this size$2,416
2024$2,556 per active participant
2023$904 per active participant
2022$2,163 per active participant

Marcus Thomas, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
AAAA BENEFITS, INC. · Recordkeeping · Trustee (discretionary)$18,825

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

Recordkeeper by year2
2024AAAA BENEFITS, INC.
2023AAAA BENEFITS, INC.

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

Administrative cost history3
2024$18,825 · 0.06%
2023$31,333 · 0.11%
2022$13,041 · 0.05%
Similar plansProfessional & Technical Services · Ohio
Erp Analysts, Inc. OH$31.2M · 0.34%
Unwin Company OH$30.0M · 0.01%
Bsi Engineering, LLC OH$29.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341535100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.