Plan Ledger DOL Form 5500 · updated monthly

Marvin Engineering Co., Inc.401(k)

MARVIN ENGINEERING CO., INC. 401(K) PLAN · INGLEWOOD, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Marvin Engineering Co., Inc. reported $83,011 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,476 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 0.26% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,636th-largest of 9,483 plans among California employers on file, and the 2,929th of 13,661 in manufacturing. In 2024, employees put in $3.75 for every $1.00 the employer contributed; active participation has grown from 964 to 1,085 since 2022.

Plan summary
Net assets, end of year$55,377,211
Participants with balances922
Active participants1,085
Employer contributions$1,601,179
Employee contributions$6,001,828
Employer contribution per active participant$1,476
Average account balance$60,062
Benefits paid to participants$4,527,942
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.4M · 922 accts · $1.6M emplr
2023$45.0M · 853 accts · $1.3M emplr
2022$36.2M · 400 accts · $589K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,974
Investment management$30,000
Audit (IQPA)$12,037
Total administrative$83,011
The Marvin Engineering Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,476
Median for plans this size$3,635
2024$1,476 per active participant
2023$1,175 per active participant
2022$611 per active participant

Marvin Engineering Co., Inc.'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 · 20243
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$40,975
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$30,000
CBIZ CPAS P.C. · Accounting / audit$12,037

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$83,011 · 0.17%
2023$28,122 · 0.07%
2022$97,748 · 0.26%
Same employer
Similar plansManufacturing · California
Kp LLC CA$55.6M · 0.20%
Method Products, Pbc CA$55.5M · 0.17%
Musco Olive Products, Inc. CA$55.5M · 0.21%
Impossible Foods, Inc. CA$55.3M · 0.28%
The Gill Corporation CA$55.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952426603 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.