Plan Ledger DOL Form 5500 · updated monthly

Marten Transport, LTD.401(k)

MARTEN TRANSPORT RETIREMENT SAVINGS PLAN · MONDOVI, WI · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Marten Transport, LTD. reported $412,768 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,070 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 0.37% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 182nd-largest of 1,936 plans among Wisconsin employers on file, and the 192nd of 2,677 in transportation & warehousing. In 2024, employees put in $5.14 for every $1.00 the employer contributed; active participation has shrunk from 3,897 to 3,140 since 2022.

Plan summary
Net assets, end of year$137,480,338
Participants with balances4,954
Active participants3,140
Employer contributions$3,358,562
Employee contributions$17,265,420
Employer contribution per active participant$1,070
Average account balance$27,751
Benefits paid to participants$24,362,780
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$137.5M · 4,954 accts · $3.4M emplr
2023$126.3M · 4,870 accts · $3.8M emplr
2022$104.8M · 4,954 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$395,968
Audit (IQPA)$16,800
Total administrative$412,768
The Marten Transport, LTD. 401(k) match · 2024
Employer contribution per active participant$1,070
Median for plans this size$3,635
2024$1,070 per active participant
2023$1,030 per active participant
2022$1,010 per active participant

Marten Transport, LTD.'s 2024 employer contribution ran below the $3,635 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$395,968
CLIFTON LARSON ALLEN, LLP · Accounting / audit$16,800
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp
MID ATLANTIC CAPITAL CORPORATION · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$412,768 · 0.31%
2023$384,434 · 0.33%
2022$402,005 · 0.37%
Same employer
Similar plansTransportation & Warehousing · Wisconsin
Schneider National, Inc. WI$893.4M · 0.09%
Roehl Transport, Inc. WI$138.7M · 0.18%
Air Wisconsin Airlines LLC WI$117.0M · 0.10%
N & M Transfer Co., Inc. WI$110.9M · 0.08%
Kspg Holding USA, Inc. WI$88.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391140809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.