Plan Ledger DOL Form 5500 · updated monthly

Marukai Corporation401(k)

MARUKAI CORPORATION 401(K) PROFIT SHARING PLAN · HONOLULU, HI · plan year 2024

Reported admin expense ratio · 2024
1.31%

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

Marukai Corporation reported $194,283 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $867 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 rose from 1.01% to 1.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 125th-largest of 269 plans among Hawaii employers on file, and the 1,803rd of 5,215 in retail trade. In 2024, employees put in $2.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,038,218
Participants with balances919
Active participants684
Employer contributions$593,189
Employee contributions$1,599,601
Employer contribution per active participant$867
Average account balance$17,452
Benefits paid to participants$1,099,717
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $211K emplr
2024$16.0M · 919 accts · $593K emplr
2023$13.5M · 893 accts · $538K emplr
2022$11.1M · 809 accts · $469K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$148,627
Investment management$19,481
Total administrative$194,283
The Marukai Corporation 401(k) match · 2024
Employer contribution per active participant$867
Median for plans this size$2,416
2024$867 per active participant
2023$792 per active participant
2022$748 per active participant

Marukai Corporation's 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$104,738
SI GROUP · Other services$26,175
LPL FINANCIAL LLC · Investment advisory (plan)$19,481
PENSION ASSURANCE LLP · Accounting / audit$16,000

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

Administrative cost history4
2025Not separately reported
2024$194,283 · 1.31%
2023$134,163 · 1.09%
2022$117,870 · 1.01%
Same employer
Similar plansRetail Trade · Hawaii
Shelton Holdings, LLC HI$23.7M · 0.44%
Cutter Management Co. HI$20.2M · 0.65%
Mjc, Inc. HI$19.3M · 0.31%
Jn Group, Inc. HI$16.3M · 0.66%
Maui Divers of Hawaii, LTD. HI$14.9M · 0.02%
City Mill Company, Limited HI$13.7M · 0.69%
The Carpet Shoppe, Inc. HI$9.6M · 0.35%
Pflueger, Inc. HI$8.3M · 0.55%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 990113530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.