Plan Ledger DOL Form 5500 · updated monthly

Marglen Industries Inc401(k)

MARGLEN INDUSTRIES 401(K) PLAN · ROME, GA · plan year 2022

Reported admin expense ratio · 2022
0.70%

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

Marglen Industries Inc reported $20,337 in plan administrative expenses for 2022: 0.70% of average plan assets, above the peer median. Employer contributions averaged $728 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,853rd of 2,160), and 12,419th of 13,661 in manufacturing. In 2022, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,760,167
Participants with balances85
Active participants173
Employer contributions$125,860
Employee contributions$212,581
Employer contribution per active participant$728
Average account balance$32,473
Benefits paid to participants$48,541
Plan auditUnmodified (clean) audit opinion
AuditorWHITTINGTON, JONES, & RUDERT, CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,337
Total administrative$20,337
The Marglen Industries Inc 401(k) match · 2022
Employer contribution per active participant$728
Median for plans this size$1,114

Marglen Industries Inc's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,337 · 0.70%
Similar plansManufacturing · Georgia
Vmc Specialty Alloys LLC GA$2.9M · 0.43%
Campbell Printing Company GA$2.8M · 0.03%
Sewon America, Inc. GA$2.7M · 0.35%
Metcam, Inc. GA$2.7M · 0.65%
Roytec Industries LLC GA$2.6M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582404257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.