Plan Ledger DOL Form 5500 · updated monthly

Marshall Music Company401(k)

MARSHALL MUSIC COMPANY EMPLOYEE 401(K) PROFIT SHARING PLAN · LANSING, MI · plan year 2022

Reported admin expense ratio · 2022
0.96%

Marshall Music Company reported $71,117 in plan administrative expenses for 2022: 0.96% of average plan assets, higher than ~75% of peers. 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 retail trade employers. By assets it is among the smaller plans on file in Michigan (1,912th of 2,619), and 3,521st of 5,215 in retail trade.

Plan summary
Net assets, end of year$5,910,947
Participants with balances82
Active participants104
Employer contributions—
Employee contributions$169,356
Employer contribution per active participant—
Average account balance$72,085
Benefits paid to participants$1,827,995
Plan auditUnmodified (clean) audit opinion
AuditorROSEN SAPPERSTEIN & FRIEDLANDER LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,410
Investment management$56,657
Total administrative$71,117
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 history1
2022$71,117 · 0.96%
Similar plansRetail Trade · Michigan
Muskegon Car Credit, Inc. MI$6.3M · 0.64%
Hagopian & Sons, Inc. MI$6.2M · 0.69%
Harding & Hill, Inc. MI$6.2M · 0.53%
My Auto Imports MI$6.0M · 0.23%
Ibe Enterprises, LLC MI$5.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381819605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.