Plan Ledger DOL Form 5500 · updated monthly

Marion Body Works, Inc.401(k)

MARION BODY WORKS, INC. SAVINGS PLAN · MARION, WI · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Marion Body Works, Inc. reported $72,997 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,512 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 fell from 0.44% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 906th-largest of 1,936 plans among Wisconsin employers on file, and the 6,188th of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 256 to 393 since 2022.

Plan summary
Net assets, end of year$18,694,098
Participants with balances398
Active participants393
Employer contributions$594,209
Employee contributions$1,215,306
Employer contribution per active participant$1,512
Average account balance$46,970
Benefits paid to participants$2,180,227
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 398 accts · $594K emplr
2023$16.8M · 336 accts · $493K emplr
2022$15.1M · 305 accts · $452K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,474
Investment management$10,523
Total administrative$72,997
The Marion Body Works, Inc. 401(k) match · 2024
Employer contribution per active participant$1,512
Median for plans this size$2,416
2024$1,512 per active participant
2023$1,743 per active participant
2022$1,765 per active participant

Marion Body Works, Inc.'s 2024 employer contribution ran below 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 · 20243
NEWPORT GROUP, INC. · Recordkeeping$28,171
ASCENSUS LLC · Investment advisory (plan)$34,303
STRATEGIC WEALTH PARTNERS GROUP LLC · Investment advisory (plan)$10,523

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$72,997 · 0.41%
2023$66,181 · 0.41%
2022$73,439 · 0.44%
Same employer
Similar plansManufacturing · Wisconsin
N.E.W. Plastics Corp. WI$19.0M · 0.47%
Tenere Inc WI$18.8M · 0.67%
Allied Plastics, Inc. WI$18.7M · 0.67%
Madison One Holdings, LLC WI$18.4M · 0.02%
Nolato Contour Inc WI$18.4M · 0.59%
Server Products, Inc. WI$18.4M · 0.22%
Dsb Technologies, LLC WI$18.4M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391365073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.