Plan Ledger DOL Form 5500 · updated monthly

Maxmara USA, Inc.401(k)

MAXMARA USA, INC. RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Maxmara USA, Inc. reported $83,123 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,812 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 0.44% to 0.47%. 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 2,568th-largest of 5,648 plans among New York employers on file, and the 1,492nd of 5,215 in retail trade. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 184 to 267 since 2022.

Plan summary
Net assets, end of year$19,459,685
Participants with balances256
Active participants267
Employer contributions$750,723
Employee contributions$1,372,841
Employer contribution per active participant$2,812
Average account balance$76,014
Benefits paid to participants$1,094,667
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 256 accts · $751K emplr
2023$15.9M · 255 accts · $641K emplr
2022$12.7M · 302 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,570
Investment management$61,553
Total administrative$83,123
The Maxmara USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,812
Median for plans this size$2,416
2024$2,812 per active participant
2023$2,523 per active participant
2022$1,556 per active participant

Maxmara USA, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$41,897
EMPOWER ADVISORY GROUP, LLC · Investment management$19,656

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

Administrative cost history3
2024$83,123 · 0.47%
2023$68,001 · 0.47%
2022$59,506 · 0.44%
Same employer
Similar plansRetail Trade · New York
Ganz U.S.A. LLC NY$19.5M · 0.13%
The Pace Gallery, LLC NY$19.1M · 0.35%
Pepe Motors Corp. NY$18.7M · 0.03%
Stanton Carpet Corp. NY$18.6M · 0.34%
Helms Bros. Inc. NY$18.5M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133380073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.