Plan Ledger DOL Form 5500 · updated monthly

Marxent Labs, LLC401(k)

MARXENT LABS 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Marxent Labs, LLC reported $6,812 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,755 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 has held roughly steady near 0.115%. 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 Florida (2,191st of 3,644), and 9,094th of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,799,472
Participants with balances171
Active participants123
Employer contributions$461,919
Employee contributions$839,652
Employer contribution per active participant$3,755
Average account balance$39,763
Benefits paid to participants$357,554
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 171 accts · $462K emplr
2023$5.0M · 164 accts · $466K emplr
2022$3.3M · 181 accts · $468K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,172
Investment management$4,640
Total administrative$6,812
The Marxent Labs, LLC 401(k) match · 2024
Employer contribution per active participant$3,755
Median for plans this size$1,313
2024$3,755 per active participant
2023$3,947 per active participant
2022$3,442 per active participant

Marxent Labs, 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 · 20241
GUIDELINE, INC. · Recordkeeping · Consulting$6,182

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

Recordkeeper by year2
2024Guideline
2023Guideline

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,812 · 0.12%
2023$5,083 · 0.12%
2022$3,513 · 0.12%
Same employer
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Library Associates LLC FL$7.2M · 0.55%
Medialab Ventures, LLC FL$7.1M · 0.02%
Keith & Associates, Inc. FL$7.0M · 0.31%
Golden Wolf, LLC FL$6.9M · 0.28%
Panther Software, LLC FL$6.8M · 0.04%
Starlims Corporation FL$6.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274312096 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.