Plan Ledger DOL Form 5500 · updated monthly

Marotta Controls, Inc.401(k)

MAROTTA CONTROLS, INC. EMPLOYEES 401K PLAN · MONTVILLE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Marotta Controls, Inc. reported $228,672 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,730 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 0.21% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 407th-largest of 2,419 plans among New Jersey employers on file, and the 2,109th of 13,661 in manufacturing. In 2024, employees put in $3.53 for every $1.00 the employer contributed; active participation has grown from 487 to 778 since 2022.

Plan summary
Net assets, end of year$86,753,421
Participants with balances897
Active participants778
Employer contributions$2,124,316
Employee contributions$7,496,860
Employer contribution per active participant$2,730
Average account balance$96,715
Benefits paid to participants$9,139,835
Plan auditQualified audit opinion
AuditorCLYNE, EAGAN & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$86.8M · 897 accts · $2.1M emplr
2023$76.1M · 753 accts · $1.6M emplr
2022$61.6M · 607 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$149,381
Investment management$79,215
Total administrative$228,672
The Marotta Controls, Inc. 401(k) match · 2024
Employer contribution per active participant$2,730
Median for plans this size$3,635
2024$2,730 per active participant
2023$2,586 per active participant
2022$2,728 per active participant

Marotta Controls, Inc.'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 · 20246
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$149,087
NATIONAL FINANCIAL SERVICES, LLC · Recordkeepingindirect comp
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$61,484
RESOURCES INVESTMENT ADVISORS INC · Investment advisory (plan)$17,731

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, NATIONAL FINANCIAL SERVICES, LLC
2023NATIONAL FINANCIAL SERVICES, LLC, Prudential

This plan has changed recordkeepers within these filings. If you left Marotta Controls, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$228,672 · 0.28%
2023$189,094 · 0.27%
2022$135,736 · 0.21%
Same employer
Similar plansManufacturing · New Jersey
Bel Fuse Inc. NJ$95.9M · 0.13%
Conopco, Inc. NJ$87.2M · 0.01%
Output Services Group, Inc. NJ$83.0M · 0.29%
Richards Mfg Co Sales LLC NJ$75.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221528122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.