Plan Ledger DOL Form 5500 · updated monthly

Marshalls, Inc.401(k)

MARSHALLS, INC. 401(K) PLAN · SEDALIA, MO · plan year 2024

Reported admin expense ratio · 2024
1.58%

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

Marshalls, Inc. reported $31,058 in plan administrative expenses for 2024: 1.58% of average plan assets, higher than ~90% of peers. Employer contributions averaged $385 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 1.76% to 1.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Missouri (1,244th of 1,393), and 1,389th of 2,240 in accommodation & food services. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has shrunk from 729 to 426 since 2022.

Plan summary
Net assets, end of year$2,195,364
Participants with balances111
Active participants426
Employer contributions$163,898
Employee contributions$233,498
Employer contribution per active participant$385
Average account balance$19,778
Benefits paid to participants$178,681
Plan auditUnmodified (clean) audit opinion
AuditorLONG & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 111 accts · $164K emplr
2023$1.7M · 106 accts · $150K emplr
2022$1.3M · 108 accts · $132K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,058
Total administrative$31,058
The Marshalls, Inc. 401(k) match · 2024
Employer contribution per active participant$385
Median for plans this size$1,313
2024$385 per active participant
2023$178 per active participant
2022$180 per active participant

Marshalls, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,928

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,058 · 1.58%
2023$27,188 · 1.79%
2022$22,773 · 1.76%
Similar plansAccommodation & Food Services · Missouri
Imo's Holding Company MO$2.7M · 0.10%
Hawaiian Bros Inc. MO$2.5M · 0.89%
Noble Hospitality, Inc MO$2.4M · 0.75%
Dunafon Management, Inc. MO$2.2M · 1.12%
Bandanas Missouri, L.L.C. MO$2.2M · 0.84%
Four Seasons Group, Inc. MO$2.1M · 1.10%
Fresh Force, LLC MO$1.7M · 1.03%
Myer Family Hotel Company MO$1.6M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550732086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.