Plan Ledger DOL Form 5500 · updated monthly

Marex Services, Inc.401(k)

MAREX 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Marex Services, Inc. reported $14,482 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,979 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 fell from 0.05% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 859th-largest of 5,648 plans among New York employers on file, and the 1,079th of 4,798 in finance & insurance. In 2024, employees put in $5.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$91,087,248
Participants with balances739
Active participants703
Employer contributions$2,094,213
Employee contributions$10,594,817
Employer contribution per active participant$2,979
Average account balance$123,257
Benefits paid to participants$6,952,702
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$91.1M · 739 accts · $2.1M emplr
2023$65.2M · 616 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Investment management$30,000
Total administrative$14,482
The Marex Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,979
Median for plans this size$3,635
2024$2,979 per active participant
2023$2,384 per active participant

Marex Services, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$22,500
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$7,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history2
2024$14,482 · 0.02%
2023$24,808 · 0.05%
Same employer
Similar plansFinance & Insurance · New York
First Manhattan Co. NY$91.6M · 0.00%
Sirius Re Holdings NY$90.5M · 0.08%
Board of Trustees of Marble NY$87.9M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510566551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.