Plan Ledger DOL Form 5500 · updated monthly

Mrc Global (US) Inc.401(k)

MRC GLOBAL RETIREMENT PLAN · GREENWOOD VILLAGE, CO · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Mrc Global (US) Inc. reported $257,477 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $2,422 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 0.09% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 72nd-largest of 1,461 plans among Colorado employers on file, and the 190th of 4,246 in wholesale trade. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$257,747,095
Participants with balances2,775
Active participants1,997
Employer contributions$4,836,143
Employee contributions$8,644,228
Employer contribution per active participant$2,422
Average account balance$92,882
Benefits paid to participants$28,292,526
Plan auditUnmodified (clean) audit opinion
AuditorEARNST & YOUNG, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$257.7M · 2,775 accts · $4.8M emplr
2023$245.7M · 2,828 accts · $4.9M emplr
2022$219.4M · 2,734 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,043
Investment management$245,434
Total administrative$257,477
The Mrc Global (US) Inc. 401(k) match · 2024
Employer contribution per active participant$2,422
Median for plans this size$4,294
2024$2,422 per active participant
2023$2,430 per active participant
2022$1,190 per active participant

Mrc Global (US) Inc.'s 2024 employer contribution ran below 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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$37,924
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$245,434

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$257,477 · 0.10%
2023$220,620 · 0.09%
2022$231,783 · 0.09%
Same employer
Similar plansWholesale Trade · Colorado
Arrow Electronics, Inc. CO$1.5B · 0.08%
Ardent Mills, LLC CO$295.3M · 0.06%
Wagner Equipment Co. CO$279.4M · 0.04%
Trinidad Benham Corp. CO$244.2M · 0.00%
Wheel Pros, LLC CO$87.6M · 0.46%
M-L Holdings Company CO$47.2M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550229830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.