Plan Ledger DOL Form 5500 · updated monthly

Martin Resource Management Corporation401(k)

MARTIN 401(K) PLAN · KILGORE, TX · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Martin Resource Management Corporation reported $146,833 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,218 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 0.18% to 0.12%. 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 511th-largest of 5,688 plans among Texas employers on file, and the 198th of 2,677 in transportation & warehousing. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$132,571,500
Participants with balances1,945
Active participants1,642
Employer contributions$3,642,721
Employee contributions$7,096,308
Employer contribution per active participant$2,218
Average account balance$68,160
Benefits paid to participants$10,408,221
Plan auditUnmodified (clean) audit opinion
AuditorGOLLOB MORGAN PEDDY P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$132.6M · 1,945 accts · $3.6M emplr
2023$111.5M · 1,556 accts · $2.3M emplr
2022$93.6M · 1,539 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Investment management$116,784
Audit (IQPA)$40,150
Total administrative$146,833
The Martin Resource Management Corporation 401(k) match · 2024
Employer contribution per active participant$2,218
Median for plans this size$3,635
2024$2,218 per active participant
2023$1,458 per active participant
2022$1,523 per active participant

Martin Resource Management Corporation'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 · 20244
REGIONS BANK · Investment advisory (plan)$60,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$56,784
GOLLOB MORGAN PEDDY PC · Accounting / audit$40,150
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$146,833 · 0.12%
2023$142,545 · 0.14%
2022$187,768 · 0.18%
All plans at this employer3
MARTIN ESOPESOP
MARTIN 401(K) PLAN401(k)
MRMC ESOPESOP
Same employer
Similar plansTransportation & Warehousing · Texas
Bristow Group Inc. TX$189.5M · 0.02%
M1 Support Services, L.P. TX$171.6M · 0.19%
Stolt-Nielsen USA Inc. TX$143.1M · 0.12%
Houston Pilots TX$136.8M · 0.14%
Daseke Companies, Inc. TX$114.6M · 0.26%
Wwex Uni Topco Holdings, LLC TX$113.5M · 0.24%
Tntx, LLC TX$97.7M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 752789062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.