Plan Ledger DOL Form 5500 · updated monthly

Mrqd, Inc.401(k)

MRQD INC. 401K PROFIT SHARING PLAN AND TRUST · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
1.21%

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

Mrqd, Inc. reported $46,067 in plan administrative expenses for 2024: 1.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,581 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 0.89% to 1.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Oregon (813th of 1,021), and 4,116th of 5,215 in retail trade. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has shrunk from 203 to 165 since 2022.

Plan summary
Net assets, end of year$3,805,261
Participants with balances123
Active participants165
Employer contributions$260,807
Employee contributions$412,654
Employer contribution per active participant$1,581
Average account balance$30,937
Benefits paid to participants$1,134,686
Plan auditUnmodified (clean) audit opinion
AuditorPERKINS & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 123 accts · $261K emplr
2023$3.8M · 154 accts · $309K emplr
2022$2.9M · 167 accts · $443K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,067
Total administrative$46,067
The Mrqd, Inc. 401(k) match · 2024
Employer contribution per active participant$1,581
Median for plans this size$1,313
2024$1,581 per active participant
2023$1,617 per active participant
2022$2,182 per active participant

Mrqd, Inc.'s 2024 employer contribution ran above 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.

Service providers · 20242
TPP RETIREMENT PLAN SPECIALISTS, LL · Plan administrator · Recordkeeping$19,041
CREATIVE PLANNING · Investment advisory (participants) · Investment advisory (plan)$25,100

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

Recordkeeper by year2
2024TPP RETIREMENT PLAN SPECIALISTS, LL
2023TPP RETIREMENT PLAN SPECIALISTS, LL

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Administrative cost history3
2024$46,067 · 1.21%
2023$45,426 · 1.36%
2022$27,176 · 0.89%
Same employer
Similar plansRetail Trade · Oregon
Wsco Petroleum Corp. OR$4.6M · 0.61%
Spartan Management LLC OR$4.2M · 0.78%
Time Auto Group OR$4.0M · 1.65%
Baxter Auto Parts, Inc. OR$3.7M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812030769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.