Plan Ledger DOL Form 5500 · updated monthly

Martek Global Services, Inc.401(k)

MARTEK GLOBAL SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Martek Global Services, Inc. reported $27,222 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $974 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 3 years on file its reported administrative ratio has held roughly steady near 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,212th of 1,671), and 9,423rd of 11,654 in professional & technical services. In 2024, employees put in $4.71 for every $1.00 the employer contributed; active participation has shrunk from 159 to 138 since 2022.

Plan summary
Net assets, end of year$5,936,691
Participants with balances112
Active participants138
Employer contributions$134,392
Employee contributions$633,203
Employer contribution per active participant$974
Average account balance$53,006
Benefits paid to participants$627,648
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 112 accts · $134K emplr
2023$5.0M · 110 accts · $144K emplr
2022$4.5M · 101 accts · $151K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,222
Total administrative$27,222
The Martek Global Services, Inc. 401(k) match · 2024
Employer contribution per active participant$974
Median for plans this size$1,313
2024$974 per active participant
2023$993 per active participant
2022$951 per active participant

Martek Global Services, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$27,221
OSAIC WEALTH, INC. · Other servicesindirect comp
WILSHIRE ASSOCIATES 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$27,222 · 0.50%
2023$28,712 · 0.60%
2022$24,738 · 0.51%
Same employer
Similar plansProfessional & Technical Services · Maryland
Pm Consulting Group, LLC MD$6.1M · 1.25%
A&T Systems, Inc. MD$6.0M · 0.90%
Cloudbolt Software, Inc. MD$5.9M · 0.56%
Helion Technologies, Inc. MD$5.8M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522003055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.