Plan Ledger DOL Form 5500 · updated monthly

Martinfederal Consulting, LLC.401(k)

MARTINFEDERAL CONSULTING, LLC. 401(K) PROFIT SHARING PLAN AND TRUST · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Martinfederal Consulting, LLC. reported $64,118 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $3,626 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 0.86% to 0.76%. 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 Alabama (454th of 902), and 7,888th of 11,654 in professional & technical services. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 139 to 163 since 2022.

Plan summary
Net assets, end of year$10,344,675
Participants with balances206
Active participants163
Employer contributions$591,061
Employee contributions$1,145,516
Employer contribution per active participant$3,626
Average account balance$50,217
Benefits paid to participants$1,778,850
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 206 accts · $591K emplr
2023$6.4M · 185 accts · $473K emplr
2022$4.6M · 246 accts · $398K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,761
Investment management$22,357
Total administrative$64,118
The Martinfederal Consulting, LLC. 401(k) match · 2024
Employer contribution per active participant$3,626
Median for plans this size$1,313
2024$3,626 per active participant
2023$3,151 per active participant
2022$2,865 per active participant

Martinfederal Consulting, LLC.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$41,760
STIFEL NICOLAUS & COMPANY INC · Investment advisory (plan)$22,349

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$64,118 · 0.76%
2023$51,225 · 0.92%
2022$37,624 · 0.86%
Same employer
Similar plansProfessional & Technical Services · Alabama
Spectrum Solutions, Inc. AL$11.1M · 0.50%
Trinova, Inc. AL$10.9M · 0.35%
Oasys, Inc. AL$10.8M · 0.23%
Signalink Group Inc. AL$10.2M · 0.69%
Projectxyz, Inc. AL$9.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 331181699 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.