Plan Ledger DOL Form 5500 · updated monthly

Marquardt Memorial Manor, Inc.401(k)

MARQUARDT MEMORIAL MANOR, INC. SAVINGS PLAN · WATERTOWN, WI · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Marquardt Memorial Manor, Inc. reported $104,453 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $593 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 0.61% to 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 936th-largest of 1,936 plans among Wisconsin employers on file, and the 4,008th of 11,911 in health care & social assistance. In 2024, employees put in $3.02 for every $1.00 the employer contributed; active participation has grown from 358 to 1,024 since 2022.

Plan summary
Net assets, end of year$17,813,556
Participants with balances480
Active participants1,024
Employer contributions$607,365
Employee contributions$1,836,241
Employer contribution per active participant$593
Average account balance$37,112
Benefits paid to participants$2,528,109
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 480 accts · $607K emplr
2023$13.1M · 404 accts · $392K emplr
2022$9.3M · 306 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,728
Investment management$46,725
Total administrative$104,453
The Marquardt Memorial Manor, Inc. 401(k) match · 2024
Employer contribution per active participant$593
Median for plans this size$2,416
2024$593 per active participant
2023$626 per active participant
2022$885 per active participant

Marquardt Memorial Manor, 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
SECURITIES AMERICA ADVISORS · Investment advisory (participants)$46,725
JOHN HANCOCK LIFE INSURANCE CO. USA · Contract administrator$44,154
PPG RETIREMENT PLAN SERVICES · Contract administrator$13,574

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$104,453 · 0.68%
2023$78,174 · 0.70%
2022$61,626 · 0.61%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
North Shore Healthcare, LLC WI$18.8M · 0.13%
Cumberland Healthcare WI$18.7M · 0.37%
Spooner Health System, Inc. WI$18.0M · 0.42%
First Impressions, S.C. WI$17.8M · 0.33%
Management Select, LLC WI$17.7M · 0.23%
Independencefirst WI$17.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391126946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.