Plan Ledger DOL Form 5500 · updated monthly

Markquart, Inc.401(k)

MARKQUART, INC. 401(K) PROFIT SHARING PLAN · EAU CLAIRE, WI · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Markquart, Inc. reported $228,449 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,266 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 0.63% to 0.76%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 601st-largest of 1,936 plans among Wisconsin employers on file, and the 974th of 5,215 in retail trade. In 2024, employees put in $3.65 for every $1.00 the employer contributed; active participation has grown from 381 to 434 since 2022.

Plan summary
Net assets, end of year$32,157,120
Participants with balances464
Active participants434
Employer contributions$549,561
Employee contributions$2,003,528
Employer contribution per active participant$1,266
Average account balance$69,304
Benefits paid to participants$1,751,789
Plan auditUnmodified (clean) audit opinion
AuditorDS&B, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$32.2M · 464 accts · $550K emplr
2023$27.6M · 419 accts · $501K emplr
2022$22.5M · 373 accts · $431K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$152,879
Investment management$54,672
Audit (IQPA)$19,500
Trustee / custodial$1,398
Total administrative$228,449
The Markquart, Inc. 401(k) match · 2024
Employer contribution per active participant$1,266
Median for plans this size$2,416
2024$1,266 per active participant
2023$1,246 per active participant
2022$1,130 per active participant

Markquart, 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 · 20243
WIPFLI LLP · Plan administrator · Recordkeeping$152,979
ORGEL WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$54,672
MEUWISSEN, FLYGARE, KADRLIK, & ASSO · Accounting / audit$19,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024WIPFLI LLP
2023WIPFLI LLP

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Administrative cost history3
2024$228,449 · 0.76%
2023$180,782 · 0.72%
2022$155,477 · 0.63%
Same employer
Similar plansRetail Trade · Wisconsin
Ewald Automotive Group WI$33.8M · 0.25%
Buffalo Holding Company WI$33.5M · 0.08%
Acp Creativit, LLC WI$33.2M · 0.41%
Silver Star Brands, Inc. WI$33.0M · 0.36%
Advertisers Press Inc. WI$30.9M · 0.33%
H.J. Martin & Son, Inc. WI$30.4M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391391993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.