Plan Ledger DOL Form 5500 · updated monthly

Martignetti Companies, LLC401(k)

MARTIGNETTI COMPANIES, LLC 401(K) PLAN · TAUNTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Martignetti Companies, LLC reported $323,775 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,514 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 0.20% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 221st-largest of 2,726 plans among Massachusetts employers on file, and the 198th of 4,246 in wholesale trade. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has grown from 603 to 1,163 since 2022.

Plan summary
Net assets, end of year$240,540,763
Participants with balances1,160
Active participants1,163
Employer contributions$2,923,470
Employee contributions$7,248,053
Employer contribution per active participant$2,514
Average account balance$207,363
Benefits paid to participants$15,669,894
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$240.5M · 1,160 accts · $2.9M emplr
2023$180.6M · 760 accts · $2.5M emplr
2022$155.3M · 791 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,069
Investment management$167,706
Total administrative$323,775
The Martignetti Companies, LLC 401(k) match · 2024
Employer contribution per active participant$2,514
Median for plans this size$3,635
2024$2,514 per active participant
2023$4,046 per active participant
2022$3,348 per active participant

Martignetti Companies, LLC's 2024 employer contribution ran below the $3,635 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
EMPOWER ANNUITY INSURANCE COMPANY O · Loan processing · Recordkeeping$156,069
MORGAN STANLEY · Investment advisory (plan)$158,514
EMPOWER ADVISORY GROUP, LLC · Investment management$9,192

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

Recordkeeper by year3
2025Empower
2024Empower
2023Empower

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

Administrative cost history3
2024$323,775 · 0.15%
2023$443,559 · 0.26%
2022$347,296 · 0.20%
All plans at this employer2
MARTIGNETTI COMPANIES, LLC 401(K) PLAN401(k)
LOCAL 8 SALARY SAVINGS PLAN401(k)
Same employer
Similar plansWholesale Trade · Massachusetts
F.W. Webb Company MA$499.1M · 0.12%
Trimark Erf Holdings, LLC. MA$272.9M · 0.21%
Global Partners LP MA$266.0M · 0.01%
L. Knife & Son, LLC MA$229.2M · 0.11%
L. Knife & Son, Inc. MA$225.1M · 0.12%
Rsa Security LLC MA$213.8M · 0.06%
Excelitas Technologies MA$173.7M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 464033150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.