Plan Ledger DOL Form 5500 · updated monthly

Marrs Electric LLC401(k)

MARRS ELECTRIC LLC 401(K) PLAN · TULSA, OK · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Marrs Electric LLC reported $2,909 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,172 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Oklahoma (461st of 724), and 3,474th of 5,337 in construction. In 2022, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,512,107
Participants with balances109
Active participants138
Employer contributions$299,688
Employee contributions$356,810
Employer contribution per active participant$2,172
Average account balance$68,918
Benefits paid to participants$675,158
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $393K emplr
2022$7.5M · 109 accts · $300K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,909
Total administrative$2,909
The Marrs Electric LLC 401(k) match · 2022
Employer contribution per active participant$2,172
Median for plans this size$1,114

Marrs Electric LLC's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$2,909 · 0.04%
Same employer
Similar plansConstruction · Oklahoma
H.C. Employees, LLC OK$8.3M · 0.62%
Bh Group Holdings, LLC OK$8.2M · 0.84%
Allen Contracting, Inc. OK$8.1M · 0.05%
Simmons Homes LLC OK$8.0M · 0.01%
Cmswillowbrook, Inc. OK$6.9M · 0.01%
Action Safety Supply Co. OK$6.2M · 0.16%
Thermal Specialties LLC OK$5.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731124827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.