Plan Ledger DOL Form 5500 · updated monthly

Maurices Incorporated401(k)

MAURICES INCORPORATED 401(K) SAVINGS PLAN · DULUTH, MN · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Maurices Incorporated reported $54,984 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $789 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 0.03% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 482nd-largest of 1,918 plans among Minnesota employers on file, and the 633rd of 5,215 in retail trade. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 2,260 to 2,573 since 2022.

Plan summary
Net assets, end of year$51,993,253
Participants with balances1,075
Active participants2,573
Employer contributions$2,029,697
Employee contributions$4,371,595
Employer contribution per active participant$789
Average account balance$48,366
Benefits paid to participants$5,783,938
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.0M · 1,075 accts · $2.0M emplr
2023$43.9M · 1,237 accts · $2.1M emplr
2022$32.4M · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,704
Investment management$10,280
Total administrative$54,984
The Maurices Incorporated 401(k) match · 2024
Employer contribution per active participant$789
Median for plans this size$2,416
2024$789 per active participant
2023$727 per active participant
2022$941 per active participant

Maurices Incorporated's 2024 employer contribution ran below the $2,416 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$112,710
THE WATERFORD GROUP LLC · Investment advisory (plan)$10,280

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Maurices Incorporated before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$54,984 · 0.11%
2023$29,584 · 0.08%
2022$10,079 · 0.03%
Same employer
Similar plansRetail Trade · Minnesota
The Tile Shop, LLC MN$55.4M · 0.30%
Fph Morrie's LLC MN$53.1M · 0.34%
Amplifon (USA), Inc. MN$51.6M · 0.50%
Jerry's Enterprises, Inc. MN$49.5M · 0.12%
Maplewood Motors, LLC MN$49.3M · 0.05%
Twin Cities Automotive, LLC MN$48.1M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132940677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.