Plan Ledger DOL Form 5500 · updated monthly

Mary Kay Inc.401(k)

MARY KAY INC. PROFIT SHARING AND 401(K) PLAN · ADDISON, TX · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Mary Kay Inc. reported $1,311,767 in plan administrative expenses for 2024: 0.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,381 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 0.24% to 0.17%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 147th-largest of 5,688 plans among Texas employers on file, and the 397th of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has shrunk from 1,770 to 1,459 since 2022.

Plan summary
Net assets, end of year$789,945,932
Participants with balances2,111
Active participants1,459
Employer contributions$7,850,667
Employee contributions$14,044,963
Employer contribution per active participant$5,381
Average account balance$374,205
Benefits paid to participants$95,053,112
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$789.9M · 2,111 accts · $7.9M emplr
2023$765.3M · 2,216 accts · $8.0M emplr
2022$712.5M · 2,332 accts · $8.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$321,686
Investment management$810,411
Audit (IQPA)$40,020
Total administrative$1,311,767
The Mary Kay Inc. 401(k) match · 2024
Employer contribution per active participant$5,381
Median for plans this size$4,294
2024$5,381 per active participant
2023$4,851 per active participant
2022$4,958 per active participant

Mary Kay Inc.'s 2024 employer contribution ran above the $4,294 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 · 20249
EMPOWER RETIREMENT · Recordkeeping$178,024
EMPOWER PLAN SERVICES, LLC · Recordkeeping · Loan processing$19,542
LAZARD ASSET MANAGEMENT · Investment advisory (plan)$272,689
COOKE & BEILER · Investment advisory (plan)$233,099
LOOMIS, SAYLES & COMPANY, L.P. · Investment advisory (plan)$153,972
SAGE ADVISORY · Investment advisory (plan)$141,075
FRONTIER CAPITAL MANAGEMENT · Investment advisory (plan)$103,308
MORGAN STANLEY · Consulting$75,000
WHITLEY PENN LLP · Accounting / audit$40,020

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$1,311,767 · 0.17%
2023$1,411,837 · 0.19%
2022$1,884,749 · 0.24%
Same employer
Similar plansManufacturing · Texas
Motiva Enterprises LLC TX$887.8M · 0.06%
Lennox International Inc. TX$818.5M · 0.04%
Hm US Services, LLC TX$798.5M · 0.10%
Huntsman International LLC TX$783.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751151701 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.