Plan Ledger DOL Form 5500 · updated monthly

Marjam Supply Company, Inc.401(k)

MARJAM SUPPLY COMPANY, INC. AND AFFILIATES PROFIT SHARING AND 401(K) PLAN · FARMINGDALE, NY · plan year 2022

Reported admin expense ratio · 2022
0.35%

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

Marjam Supply Company, Inc. reported $127,835 in plan administrative expenses for 2022: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,393 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 rose from 0.35% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,841st-largest of 5,648 plans among New York employers on file, and the 1,248th of 4,246 in wholesale trade. In 2022, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,097,544
Participants with balances748
Active participants677
Employer contributions$943,016
Employee contributions$2,910,336
Employer contribution per active participant$1,393
Average account balance$44,248
Benefits paid to participants$3,721,648
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$9.0M · 188 accts · $2K emplr
2022$33.1M · 748 accts · $943K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,194
Investment management$63,284
Total administrative$127,835
The Marjam Supply Company, Inc. 401(k) match · 2022
Employer contribution per active participant$1,393
Median for plans this size$2,266

Marjam Supply Company, Inc.'s 2022 employer contribution ran below the $2,266 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.

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024Not separately reported
2023$109,856 · 0.52%
2022$127,835 · 0.35%
Similar plansWholesale Trade · New York
West Side Foods, Inc. NY$34.3M · 0.27%
Puig North America, Inc. NY$34.1M · 0.25%
Mast Jaegermeister US NY$33.0M · 0.09%
Andrew & Sons, LLC NY$31.8M · 0.06%
Michael Skurnik Wines, Inc. NY$31.2M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 112507216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.