Plan Ledger DOL Form 5500 · updated monthly

Marquis Contract Corp401(k)

MARQUIS CONTRACT CORP 401(K) PROFIT SHARING PLAN & TRUST · HIGH POINT, NC · plan year 2024

Reported admin expense ratio · 2024
1.63%

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

Marquis Contract Corp reported $26,365 in plan administrative expenses for 2024: 1.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $155 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 0.74% to 1.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in North Carolina (1,817th of 2,005), and 2,939th of 3,341 in other services. In 2024, employees put in $6.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,644,812
Participants with balances119
Active participants130
Employer contributions$20,100
Employee contributions$122,347
Employer contribution per active participant$155
Average account balance$13,822
Benefits paid to participants$260,304
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.6M · 119 accts · $20K emplr
2022$1.3M · 96 accts · $22K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,561
Investment management$7,944
Trustee / custodial$860
Total administrative$26,365
The Marquis Contract Corp 401(k) match · 2024
Employer contribution per active participant$155
Median for plans this size$1,313
2024$155 per active participant
2022$149 per active participant

Marquis Contract Corp's 2024 employer contribution ran below the $1,313 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 · 20242
PAYCHEX, INC. · Recordkeeping$17,776
M HOLDINGS SECURITIES, INC. · Investment advisory (participants)$7,652

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

Administrative cost history2
2024$26,365 · 1.63%
2022$10,641 · 0.74%
Similar plansOther Services · North Carolina
Ovme Mso LLC NC$2.5M · 1.48%
Airo Mechanical LLC NC$2.5M · 0.75%
Greenscape, Inc. NC$1.7M · 0.97%
Lolly Therapeutics LLC NC$982K · 0.37%
Bb&C Management NC$943K · 1.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561765341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.