Mars, Incorporated401(k)
U.S. ASSOCIATE SAVINGS PLAN · HACKETTSTOWN, NJ · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Mars, Incorporated reported $1,901,143 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $5,827 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 fell from 0.07% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 20th-largest of 2,419 plans among New Jersey employers on file, and the 103rd of 13,661 in manufacturing. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 14,224 to 15,668 since 2022.
Mars, Incorporated's 2024 employer contribution ran above the $5,259 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 221594774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.