Plan Ledger DOL Form 5500 · updated monthly

Marvin Lumber and Cedar Company401(k)

THE MARVIN COMPANIES PROFIT SHARING AND 401(K) PLAN · WARROAD, MN · plan year 2025

Reported admin expense ratio · 2025
0.15%

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

Marvin Lumber and Cedar Company reported $1,080,997 in plan administrative expenses for 2025: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,323 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 3 years on file its reported administrative ratio fell from 0.16% to 0.15%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other manufacturing employers. By assets it is the 59th-largest of 1,918 plans among Minnesota employers on file, and the 398th of 13,661 in manufacturing. In 2025, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 6,753 to 8,633 since 2022.

Plan summary
Net assets, end of year$786,766,441
Participants with balances9,717
Active participants8,633
Employer contributions$20,057,492
Employee contributions$44,004,665
Employer contribution per active participant$2,323
Average account balance$80,968
Benefits paid to participants$72,890,767
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$786.8M · 9,717 accts · $20.1M emplr
2024$692.9M · 8,970 accts · $19.0M emplr
2023$592.3M · 7,772 accts · $16.7M emplr
2022$508.9M · 7,562 accts · $15.3M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$402,356
Investment management$661,571
Audit (IQPA)$16,170
Total administrative$1,080,997
The Marvin Lumber and Cedar Company 401(k) match · 2025
Employer contribution per active participant$2,323
Median for plans this size$4,295
2025$2,323 per active participant
2024$2,401 per active participant
2023$2,468 per active participant
2022$2,264 per active participant

Marvin Lumber and Cedar Company's 2025 employer contribution ran below the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
EMPOWER ANNUITY INS CO OF AMERICA · Recordkeeping · Loan processing$402,355
SAGEVIEW ADVISORY GROUP, LLC · Investment management$550,552
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$111,020
CLIFTONLARSONALLEN LLP · Accounting / audit · Contract administrator$16,170

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 history4
2025$1,080,997 · 0.15%
2024$899,446 · 0.14%
2023$919,359 · 0.17%
2022$883,841 · 0.16%
Same employer
Similar plansManufacturing · Minnesota
Donaldson Company, Inc. MN$942.7M · 0.06%
Taylor Corporation MN$910.3M · 0.05%
Entegris, Inc. MN$880.8M · 0.04%
Cardinal Glass Industries MN$807.8M · 0.11%
Mac Arthur Co MN$729.3M · 0.02%
Nvent Management Company MN$728.6M · 0.02%
Schwans Shared Services, LLC MN$631.9M · 0.18%
Graco Inc MN$619.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410396845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.