Marco, Inc. 401(k) Review & Grade
Marco Technologies, LLC 401(k) Plan
ST. Cloud, MNWholesale Trade1,225 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,798Employer $ per active participant
$7,048Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$151.4MNet plan assets, end of year
$82,598Average balance per account
Score breakdown
- Employer generosity41.1 / 5082th percentile for employer $ per participant
- Low cost17.1 / 2568th percentile for low admin cost vs. same-size plans
- Employee saving11.9 / 1579th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 82th |
| Lower admin cost | 68th |
| Employee saving | 79th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
Corrective distributions: the plan refunded $167 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Marco put in about $3,798 per active participant, more than the typical peer ($1,792). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,652,456 |
| Participant (employee) contributions | $8,633,279 |
| Other contributions (incl. rollovers in) | $1,437,307 |
| Administrative expenses paid from the plan | $175,582 |
| Investment advisory & management fees | $54,599 |
| Benefits paid out | $11,083,179 |
| Net assets, start / end of year | $128.7M / $151.4M |
| Active participants, start / end of year | 1,177 / 1,273 |
| Participants with account balances | 1,833 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $121,082 reported compensation |
| Ledge Wealth Management Inc | $54,599 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250919094718NAL0005131842001, received 2025-09-19, EIN 41-0991721, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.