Plan Ledger DOL Form 5500 · updated monthly

Marous Brothers Construction, Inc.401(k)

MAROUS BROTHERS CONSTRUCTION 401(K) PROFIT SHARING PLAN · WILLOUGHBY, OH · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Marous Brothers Construction, Inc. reported $71,945 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $2,667 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 0.38% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,490th-largest of 3,295 plans among Ohio employers on file, and the 2,267th of 5,337 in construction. In 2024, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,048,434
Participants with balances217
Active participants167
Employer contributions$445,360
Employee contributions$1,268,793
Employer contribution per active participant$2,667
Average account balance$78,564
Benefits paid to participants$1,571,745
Plan auditUnmodified (clean) audit opinion
AuditorKOWALL & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 217 accts · $445K emplr
2023$15.2M · 218 accts · $416K emplr
2022$12.7M · 199 accts · $354K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,955
Investment management$45,990
Total administrative$71,945
The Marous Brothers Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$2,667
Median for plans this size$2,416
2024$2,667 per active participant
2023$2,366 per active participant
2022$2,130 per active participant

Marous Brothers Construction, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$38,698
EMPOWER ADVISORY GROUP, LLC · Investment management$7,292

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$71,945 · 0.45%
2023$49,772 · 0.36%
2022$49,112 · 0.38%
Same employer
Similar plansConstruction · Ohio
Melway Group, Inc. OH$18.1M · 0.35%
The Cafaro Company OH$17.8M · 0.46%
Bohl Companies OH$17.7M · 0.12%
Wells Brothers, Inc. OH$15.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341327243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.