Plan Ledger DOL Form 5500 · updated monthly

Marion AG Service, Inc401(k)

MARION AG SERVICE, INC. SAVINGS AND RETIREMENT PLAN · ST. PAUL, OR · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Marion AG Service, Inc reported $89,003 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,262 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 3 years on file its reported administrative ratio has held roughly steady near 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 403rd-largest of 1,021 plans among Oregon employers on file, and the 300th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 105 to 117 since 2022.

Plan summary
Net assets, end of year$16,546,895
Participants with balances140
Active participants117
Employer contributions$381,653
Employee contributions$679,640
Employer contribution per active participant$3,262
Average account balance$118,192
Benefits paid to participants$1,248,069
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 140 accts · $382K emplr
2023$15.0M · 134 accts · $353K emplr
2022$12.7M · 145 accts · $336K emplr
Administrative expenses, itemized · 2024
Investment management$88,493
Trustee / custodial$510
Total administrative$89,003
The Marion AG Service, Inc 401(k) match · 2024
Employer contribution per active participant$3,262
Median for plans this size$2,416
2024$3,262 per active participant
2023$3,331 per active participant
2022$3,201 per active participant

Marion AG Service, Inc'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
MERRILL LYNCH, PIERCE, FENNER AND S · Securities brokerage$86,109

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

Administrative cost history3
2024$89,003 · 0.56%
2023$80,946 · 0.58%
2022$77,913 · 0.57%
Similar plansAgriculture, Forestry & Fishing · Oregon
Dlf USA Inc. OR$24.9M · 0.39%
Acm Human Resources, LLC OR$20.7M · 0.34%
Pratum Co-Op Warehouse OR$17.4M · 0.31%
Smith Seed Services, LLC OR$15.8M · 0.32%
Beef Northwest Feeders LLC OR$15.2M · 0.67%
J. Frank Schmidt & Son Co. OR$13.7M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930656461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.