Plan Ledger DOL Form 5500 · updated monthly

Martech Medical Products, Inc.401(k)

MARKEL 401(K) PLAN · HARLEYSVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Martech Medical Products, Inc. reported $3,075 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,772 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 1 year on file its reported administrative ratio rose from 0.006% to 0.009%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,096th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,214th of 13,661 in manufacturing. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,722,899
Participants with balances396
Active participants304
Employer contributions$538,776
Employee contributions$1,378,798
Employer contribution per active participant$1,772
Average account balance$82,634
Benefits paid to participants$5,468,506
Plan auditUnmodified (clean) audit opinion
AuditorBAUM SMITH CLEMENS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$32.7M · 396 accts · $539K emplr
2023$32.2M · 400 accts · $555K emplr
2022$27.4M · 388 accts · $505K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,075
Total administrative$3,075
The Martech Medical Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,772
Median for plans this size$2,416
2024$1,772 per active participant
2023$1,888 per active participant
2022$1,736 per active participant

Martech Medical Products, Inc.'s 2024 employer contribution ran below 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 · 20241

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$3,075 · 0.01%
2023$1,900 · 0.01%
2022Not separately reported
Similar plansManufacturing · Pennsylvania
Tps, LLC PA$33.9M · 0.48%
Arlington Industries, Inc. PA$33.8M · 0.27%
Stauffer Biscuit Company PA$32.9M · 0.49%
Harmony Biosciences LLC PA$32.8M · 0.03%
Agr International, Inc. PA$32.6M · 0.01%
Hendrick Manufacturing Co. PA$32.0M · 0.04%
Reading Bakery Systems PA$31.9M · 0.09%
Accupac, Inc. PA$31.3M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232065583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.