Plan Ledger DOL Form 5500 · updated monthly

Marmon Holdings, Inc401(k)

MARMON EMPLOYEES' RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Marmon Holdings, Inc reported $1,479,655 in plan administrative expenses for 2024: 0.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,939 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 0.09% to 0.10%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 61st-largest of 3,702 plans among Illinois employers on file, and the 202nd of 13,661 in manufacturing. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves; active participation has grown from 11,281 to 14,175 since 2022.

Plan summary
Net assets, end of year$1,694,547,897
Participants with balances19,735
Active participants14,175
Employer contributions$70,011,619
Employee contributions$59,063,069
Employer contribution per active participant$4,939
Average account balance$85,865
Benefits paid to participants$180,659,056
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.7B · 19,735 accts · $70.0M emplr
2023$1.4B · 16,786 accts · $56.4M emplr
2022$1.1B · 10,360 accts · $51.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,277,080
Investment management$155,776
Audit (IQPA)$24,720
Total administrative$1,479,655
The Marmon Holdings, Inc 401(k) match · 2024
Employer contribution per active participant$4,939
Median for plans this size$5,259
2024$4,939 per active participant
2023$4,687 per active participant
2022$4,547 per active participant

Marmon Holdings, Inc's 2024 employer contribution ran below the $5,259 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 · 20246
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$1,206,632
PLANTE & MORAN PLLC · Accounting / audit$105,547
WILLIS TOWERS WATSON MIDWEST INC · Contract administrator$70,448
MERCER (US) INC$50,229
ERNST & YOUNG US LLP · Accounting / audit$24,720
THOMPSON COBURN LLP · Legal$22,079

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,479,655 · 0.10%
2023$989,313 · 0.08%
2022$1,111,285 · 0.09%
Same employer
Similar plansManufacturing · Illinois
Navistar Inc. IL$1.8B · 0.04%
Kellanova IL$1.8B
Conagra Brands, Inc. IL$1.7B · 0.06%
Molex, LLC IL$1.3B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363104690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.