Plan Ledger DOL Form 5500 · updated monthly

Marsh, Berry & Company, Inc.401(k)

MARSH, BERRY & COMPANY, INC. 401(K) PROFIT SHARING PLAN · WOODMERE, OH · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Marsh, Berry & Company, Inc. reported $86,785 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $3,799 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 0.23% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 879th-largest of 3,295 plans among Ohio employers on file, and the 3,736th of 11,654 in professional & technical services. In 2024, employees put in $2.95 for every $1.00 the employer contributed; active participation has grown from 161 to 206 since 2022.

Plan summary
Net assets, end of year$34,498,154
Participants with balances228
Active participants206
Employer contributions$782,575
Employee contributions$2,311,245
Employer contribution per active participant$3,799
Average account balance$151,308
Benefits paid to participants$1,177,126
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.5M · 228 accts · $783K emplr
2023$27.6M · 206 accts · $660K emplr
2022$22.9M · 188 accts · $599K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,785
Total administrative$86,785
The Marsh, Berry & Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,799
Median for plans this size$2,416
2024$3,799 per active participant
2023$3,547 per active participant
2022$3,719 per active participant

Marsh, Berry & Company, Inc.'s 2024 employer contribution ran above the $2,416 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.

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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$86,785
ENZA FINANCIAL, LLC · Investment advisory (plan)indirect comp

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$86,785 · 0.28%
2023$69,381 · 0.27%
2022$54,899 · 0.23%
All plans at this employer2
MARSH, BERRY & COMPANY, INC. 401(K) PROFIT SHARING PLAN401(k)
MARSH, BERRY & COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 341190957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.