Plan Ledger DOL Form 5500 · updated monthly

Mark Anthony Brands Inc.401(k)

MARK ANTHONY GROUP 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Mark Anthony Brands Inc. reported $322,393 in plan administrative expenses for 2024: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,217 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 0.50% to 0.45%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 661st-largest of 3,702 plans among Illinois employers on file, and the 450th of 5,215 in retail trade. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 1,168 to 1,431 since 2022.

Plan summary
Net assets, end of year$79,454,828
Participants with balances1,258
Active participants1,431
Employer contributions$4,603,012
Employee contributions$8,816,658
Employer contribution per active participant$3,217
Average account balance$63,160
Benefits paid to participants$9,888,174
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$79.5M · 1,258 accts · $4.6M emplr
2023$62.9M · 1,116 accts · $4.0M emplr
2022$45.5M · 964 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$187,734
Investment management$134,659
Total administrative$322,393
The Mark Anthony Brands Inc. 401(k) match · 2024
Employer contribution per active participant$3,217
Median for plans this size$3,635
2024$3,217 per active participant
2023$3,058 per active participant
2022$2,711 per active participant

Mark Anthony Brands 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$99,659
HUNNEX & SHOEMAKER INC · Contract administrator$77,683
GALLAGHER BENEFIT SERVICES · Investment advisory (plan)$35,000

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$322,393 · 0.45%
2023$306,196 · 0.56%
2022$228,906 · 0.50%
Similar plansRetail Trade · Illinois
Campagna-Turano Bakery, Inc. IL$103.5M · 0.19%
Dick Blick Holdings, Inc. IL$102.1M · 0.15%
M. E. Fields, Inc. IL$94.8M · 0.30%
Imperial Optical Midco Inc. IL$83.0M · 0.55%
Weathertech Direct, LLC IL$77.7M · 0.07%
Brainlab, Inc. IL$76.4M · 0.08%
Henricksen & Company, Inc. IL$68.1M · 0.00%
Cit Trucks, LLC IL$67.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911784836 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.