Plan Ledger DOL Form 5500 · updated monthly

Marwen, Inc.401(k)

SCRANTON DODGE 401(K) PLAN · SCRANTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Marwen, Inc. reported $40,508 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $1,076 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 0.59% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,712th of 3,651), and 3,419th of 5,215 in retail trade. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,314,764
Participants with balances131
Active participants106
Employer contributions$114,063
Employee contributions$171,445
Employer contribution per active participant$1,076
Average account balance$48,204
Benefits paid to participants$2,001,175
Plan auditUnmodified (clean) audit opinion
AuditorMMQ & ASSOCIATES, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$6.3M · 131 accts · $114K emplr
2022$5.3M · 71 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,449
Investment management$21,809
Audit (IQPA)$8,250
Total administrative$40,508
The Marwen, Inc. 401(k) match · 2024
Employer contribution per active participant$1,076
Median for plans this size$1,313

Marwen, Inc.'s 2024 employer contribution ran below the $1,313 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$10,449
ALLIANCE WEALTH ADVISORS LLC · Consulting · Investment advisory (plan)$13,902
MCGRAIL MERKEL QUINN & ASSOCIATES · Accounting / audit$8,250
THE BENEFITS GROUP, LLC · Other services$7,907

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

Administrative cost history2
2024$40,508 · 0.62%
2022$37,544 · 0.59%
Similar plansRetail Trade · Pennsylvania
Turner Automotive Corp. PA$6.5M · 0.71%
Shults Ford, Inc. PA$6.4M · 0.70%
Klingensmith Drug, Inc. PA$6.1M · 0.01%
Seven Z Enterprises, Inc. PA$5.9M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232258671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.