Plan Ledger DOL Form 5500 · updated monthly

Mrco, LLC401(k)

MRCO, LLC 401(K) PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Mrco, LLC reported $36,814 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $151 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 0.87% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Tennessee (1,147th of 1,496), and the 1,006th of 2,240 in accommodation & food services. In 2024, employees put in $4.70 for every $1.00 the employer contributed; active participation has grown from 504 to 739 since 2022.

Plan summary
Net assets, end of year$4,082,882
Participants with balances203
Active participants739
Employer contributions$111,660
Employee contributions$524,441
Employer contribution per active participant$151
Average account balance$20,113
Benefits paid to participants$388,238
Plan auditUnmodified (clean) audit opinion
AuditorHILL, HARPER AND ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 203 accts · $112K emplr
2023$3.4M · 211 accts · $100K emplr
2022$2.7M · 215 accts · $83K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,464
Investment management$30,350
Total administrative$36,814
The Mrco, LLC 401(k) match · 2024
Employer contribution per active participant$151
Median for plans this size$1,313
2024$151 per active participant
2023$153 per active participant
2022$164 per active participant

Mrco, LLC's 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK USA · Recordkeeping$2,162
M HOLDINGS SECURITIES, INC. · Investment advisory (participants)$30,350

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$36,814 · 0.98%
2023$29,813 · 0.97%
2022$25,549 · 0.87%
Same employer
Similar plansAccommodation & Food Services · Tennessee
Wtc Wend TN$4.7M · 0.72%
Captain D's, LLC TN$3.8M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621868774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.