Plan Ledger DOL Form 5500 · updated monthly

Marketing Associates, LLC401(k)

ONEMAGNIFY 401(K) PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Marketing Associates, LLC reported $47,219 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $2,841 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 rose from 0.03% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 463rd-largest of 2,619 plans among Michigan employers on file, and the 2,438th of 11,654 in professional & technical services. In 2024, employees put in $3.45 for every $1.00 the employer contributed; active participation has grown from 465 to 557 since 2022.

Plan summary
Net assets, end of year$58,203,275
Participants with balances648
Active participants557
Employer contributions$1,582,209
Employee contributions$5,465,205
Employer contribution per active participant$2,841
Average account balance$89,820
Benefits paid to participants$4,758,207
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.2M · 648 accts · $1.6M emplr
2023$48.3M · 671 accts · $1.3M emplr
2022$35.3M · 537 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,782
Investment management$20,437
Total administrative$47,219
The Marketing Associates, LLC 401(k) match · 2024
Employer contribution per active participant$2,841
Median for plans this size$3,635
2024$2,841 per active participant
2023$2,344 per active participant
2022$2,331 per active participant

Marketing Associates, LLC'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,132
SIGMA FINANCIAL CORP · Investment advisory (plan)$20,259

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$47,219 · 0.09%
2023$9,750 · 0.02%
2022$9,500 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Michigan
Towerpinkster MI$60.1M · 0.32%
Prein & Newhof MI$59.8M · 0.16%
Pma Consultants LLC MI$59.7M · 0.11%
Dialogdirect, Inc. MI$55.7M · 0.40%
Azo Services, Inc. MI$54.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383585841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.