Plan Ledger DOL Form 5500 · updated monthly

Martco L.L.C.401(k)

ROYOMARTIN RETIREMENT PLAN · ALEXANDRIA, LA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Martco L.L.C. reported $284,500 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $9,420 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 0.13% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 27th-largest of 884 plans among Louisiana employers on file, and the 939th of 13,661 in manufacturing. In 2024, the employer put in $1.48 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$268,664,773
Participants with balances1,536
Active participants1,275
Employer contributions$12,010,552
Employee contributions$8,138,652
Employer contribution per active participant$9,420
Average account balance$174,912
Benefits paid to participants$20,616,109
Plan auditUnmodified (clean) audit opinion
AuditorPAYNE MOORE & HERRINGTON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$268.7M · 1,536 accts · $12.0M emplr
2023$233.7M · 1,520 accts · $14.6M emplr
2022$190.1M · 1,411 accts · $19.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,348
Investment management$75,060
Audit (IQPA)$18,000
Trustee / custodial$47,092
Total administrative$284,500
The Martco L.L.C. 401(k) match · 2024
Employer contribution per active participant$9,420
Median for plans this size$4,294
2024$9,420 per active participant
2023$11,476 per active participant
2022$16,101 per active participant

Martco L.L.C.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 20244
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$180,708
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$47,092
NEWPORT GROUP CONSULTING, LLC · Investment advisory (participants) · Investment advisory (plan)$38,700
PAYNE MOORE & HERRINGTON LLP · Investment advisory (plan) · Accounting / audit$18,000

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$284,500 · 0.11%
2023$252,973 · 0.12%
2022$252,572 · 0.13%
Same employer
Similar plansManufacturing · Louisiana
Awc, Inc. LA$411.1M · 0.00%
Riverbed Technology LLC CA$270.9M · 0.04%
Osi Systems, Inc. CA$269.8M · 0.10%
Swbg, LLC FL$269.4M · 0.18%
Hydrite Chemical Company WI$268.2M · 0.09%
Shintech Incorporated TX$268.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720920365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.