Plan Ledger DOL Form 5500 · updated monthly

Marsh Electronics, Inc.401(k)

MARSH ELECTRONICS, INC. 401K · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Marsh Electronics, Inc. reported $57,106 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,266 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 0.12% to 0.41%. 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 among the smaller plans on file in Wisconsin (1,040th of 1,936), and 2,355th of 4,246 in wholesale trade. In 2024, employees put in $4.11 for every $1.00 the employer contributed; active participation has grown from 126 to 154 since 2022.

Plan summary
Net assets, end of year$15,087,645
Participants with balances123
Active participants154
Employer contributions$194,922
Employee contributions$800,420
Employer contribution per active participant$1,266
Average account balance$122,664
Benefits paid to participants$427,209
Plan auditUnmodified (clean) audit opinion
AuditorQUANDT BERNDT COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 123 accts · $195K emplr
2023$13.0M · 119 accts · $184K emplr
2022$11.0M · 115 accts · $170K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,106
Total administrative$57,106
The Marsh Electronics, Inc. 401(k) match · 2024
Employer contribution per active participant$1,266
Median for plans this size$2,416
2024$1,266 per active participant
2023$1,394 per active participant
2022$1,353 per active participant

Marsh Electronics, 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$57,105
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS 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$57,106 · 0.41%
2023$15,100 · 0.13%
2022$14,468 · 0.12%
Same employer
Similar plansWholesale Trade · Wisconsin
Alsum Farms & Produce, Inc. WI$15.6M · 0.42%
Rocket Industrial, Inc. WI$15.4M · 0.41%
Halron Lubricants Inc. WI$15.3M · 0.33%
Winona Foods Inc. WI$15.0M · 0.40%
Bills Distributing, LTD. WI$14.9M · 0.29%
Badger Corrugating Company WI$14.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390452715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.