Plan Ledger DOL Form 5500 · updated monthly

Markwins Beauty Brands, Inc.401(k)

MARKWINS BEAUTY BRANDS, INC. 401(K) RETIREMENT PLAN · CITY OF INDUSTRY, CA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Markwins Beauty Brands, Inc. reported $98,433 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $5,742 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 0.28% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,106th-largest of 9,483 plans among California employers on file, and the 3,634th of 13,661 in manufacturing. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,662,302
Participants with balances429
Active participants189
Employer contributions$1,085,225
Employee contributions$1,862,837
Employer contribution per active participant$5,742
Average account balance$94,784
Benefits paid to participants$2,379,611
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.7M · 429 accts · $1.1M emplr
2023$34.9M · 443 accts · $968K emplr
2022$29.4M · 441 accts · $940K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,433
Investment management$40,000
Total administrative$98,433
The Markwins Beauty Brands, Inc. 401(k) match · 2024
Employer contribution per active participant$5,742
Median for plans this size$2,416
2024$5,742 per active participant
2023$4,865 per active participant
2022$5,283 per active participant

Markwins Beauty Brands, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$58,433
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$40,000

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$98,433 · 0.26%
2023$85,944 · 0.27%
2022$91,528 · 0.28%
Same employer
Similar plansManufacturing · California
Breg, Inc. CA$42.2M · 0.39%
Avid Bioservices, Inc. CA$40.8M · 0.24%
Myovant Sciences, Inc. CA$40.8M · 0.01%
Rps Holdings, Inc CA$40.7M · 0.18%
Bal Seal Engineering, LLC CA$40.7M · 0.32%
F. Gavina & Sons, Inc. CA$40.3M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954170484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.