Plan Ledger DOL Form 5500 · updated monthly

MARK43, Inc.401(k)

MARK43 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

MARK43, Inc. reported $93,252 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $153 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 0.53% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,132nd-largest of 5,648 plans among New York employers on file, and the 4,586th of 11,654 in professional & technical services. In 2024, employees put in $79.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,256,103
Participants with balances312
Active participants246
Employer contributions$37,588
Employee contributions$2,995,474
Employer contribution per active participant$153
Average account balance$84,154
Benefits paid to participants$3,999,146
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 312 accts · $38K emplr
2023$23.5M · 319 accts · $1.2M emplr
2022$17.0M · 340 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,309
Investment management$46,843
Total administrative$93,252
The MARK43, Inc. 401(k) match · 2024
Employer contribution per active participant$153
Median for plans this size$2,416
2024$153 per active participant
2023$6,001 per active participant
2022$9,195 per active participant

MARK43, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20242
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$46,843
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,316

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$93,252 · 0.37%
2023$77,364 · 0.38%
2022$79,753 · 0.53%
Same employer
Similar plansProfessional & Technical Services · New York
Oml Inc. NY$27.3M · 0.81%
Nexfirm LLC NY$27.2M · 0.80%
Tg Therapeutics, Inc. NY$26.8M · 0.03%
Intercept Interactive Inc. NY$26.2M · 0.02%
Sourcepass, LLC NY$25.9M · 0.74%
Rupp, Pfalzgraf LLC NY$25.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461256121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.