Plan Ledger DOL Form 5500 · updated monthly

T. Marzetti Company401(k)

T. MARZETTI COMPANY HOURLY EMPLOYEE 401(K) PLAN FOR THE INDIANOLA PLANT · WESTERVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

T. Marzetti Company reported $4,596 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,606 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 fell from 0.12% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,132nd of 3,295), and 9,395th of 13,661 in manufacturing. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,608,684
Participants with balances175
Active participants252
Employer contributions$656,601
Employee contributions$834,838
Employer contribution per active participant$2,606
Average account balance$49,192
Benefits paid to participants$425,915
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 175 accts · $657K emplr
2023$6.7M · 168 accts · $552K emplr
2022$5.2M · 162 accts · $439K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,505
Investment management$1,091
Total administrative$4,596
The T. Marzetti Company 401(k) match · 2024
Employer contribution per active participant$2,606
Median for plans this size$1,313
2024$2,606 per active participant
2023$2,174 per active participant
2022$1,785 per active participant

T. Marzetti Company's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241

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$4,596 · 0.06%
2023$3,408 · 0.06%
2022$6,097 · 0.12%
Similar plansManufacturing · Ohio
Tfs, LTD. OH$8.6M · 0.03%
Nsi Crankshaft LLC OH$8.6M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314244940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.