Plan Ledger DOL Form 5500 · updated monthly

Marquez Brothers International, Inc.401(k)

MARQUEZ BROTHERS INTERNATIONAL, INC. AND AFFILIATES 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Marquez Brothers International, Inc. reported $132,640 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~90% of peers. Employer contributions averaged $251 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 3 years on file its reported administrative ratio has held roughly steady near 0.96%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 4,426th-largest of 9,483 plans among California employers on file, and 2,393rd of 4,246 in wholesale trade. In 2024, employees put in $7.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,762,038
Participants with balances227
Active participants439
Employer contributions$110,007
Employee contributions$817,985
Employer contribution per active participant$251
Average account balance$65,031
Benefits paid to participants$115,708
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 227 accts · $110K emplr
2023$12.8M · 235 accts · $114K emplr
2022$10.8M · 234 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,168
Investment management$30,384
Audit (IQPA)$20,088
Total administrative$132,640
The Marquez Brothers International, Inc. 401(k) match · 2024
Employer contribution per active participant$251
Median for plans this size$2,416
2024$251 per active participant
2023$284 per active participant
2022$371 per active participant

Marquez Brothers International, 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
TRANSAMERICA FINANCIAL LIFE INSR CO · Recordkeeping · Loan processing$82,168
MERRILL LYNCH LIFE AGENCY, INC. · Consulting · Investment advisory (plan)$30,384
SILICON VALLEY ACCOUNTANCY CORP · Accounting / audit · Consulting$20,088

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$132,640 · 0.96%
2023$116,705 · 0.99%
2022$114,640 · 0.97%
Same employer
Similar plansWholesale Trade · California
Green Farms California LLC CA$15.1M · 0.58%
Jimway, Inc. CA$15.1M · 0.43%
Hunt & Sons, Inc. CA$15.0M · 0.02%
Gibson Overseas, Inc. CA$14.5M · 0.29%
Traffix Devices, Inc. CA$14.1M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942789431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.