Plan Ledger DOL Form 5500 · updated monthly

Mrd, Inc.401(k)

MRD, INC. 401(K) PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Mrd, Inc. reported $25,400 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $898 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 3 years on file its reported administrative ratio has held roughly steady near 0.59%. 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 Alaska (133rd of 160), and the 938th of 2,240 in accommodation & food services. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 135 to 259 since 2022.

Plan summary
Net assets, end of year$4,553,816
Participants with balances143
Active participants259
Employer contributions$232,622
Employee contributions$298,385
Employer contribution per active participant$898
Average account balance$31,845
Benefits paid to participants$476,081
Plan auditUnmodified (clean) audit opinion
AuditorBEACHFLEISCHMAN, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 143 accts · $233K emplr
2023$4.0M · 155 accts · $209K emplr
2022$3.2M · 151 accts · $233K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,225
Investment management$19,123
Trustee / custodial$4,052
Total administrative$25,400
The Mrd, Inc. 401(k) match · 2024
Employer contribution per active participant$898
Median for plans this size$1,313
2024$898 per active participant
2023$1,804 per active participant
2022$1,723 per active participant

Mrd, Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$25,400 · 0.59%
2023$21,690 · 0.60%
2022$20,768 · 0.61%
Similar plansAccommodation & Food Services · Alaska
Ice Services, Inc. AK$28.6M · 0.21%
Marylou's News, Inc MA$4.6M · 0.56%
Kitchen Fresh Foods, LLC WI$4.6M · 0.06%
Chickies and Petes Inc PA$4.6M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920151671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.