Maronda, Inc. 401(k) Review & Grade
Maronda, Inc. Profit Sharing Plan
Imperial, PAConstruction500 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,274Employer $ per active participant
$5,308Employee $ saved per active participant
0.39%Direct admin cost, % of plan assets
$31.9MNet plan assets, end of year
$69,319Average balance per account
Score breakdown
- Employer generosity20.0 / 5040th percentile for employer $ per participant
- Low cost7.9 / 2532th percentile for low admin cost vs. same-size plans
- Employee saving10.3 / 1568th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 40th |
| Lower admin cost | 32th |
| Employee saving | 68th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
Corrective distributions: the plan refunded $345 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Maronda put in about $1,274 per active participant, below the typical peer ($1,672). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.39% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $637,826 |
| Participant (employee) contributions | $2,656,657 |
| Other contributions (incl. rollovers in) | $421,404 |
| Administrative expenses paid from the plan | $113,712 |
| Contract administrator fees | $33,815 |
| Investment advisory & management fees | $68,949 |
| Benefits paid out | $1,710,103 |
| Net assets, start / end of year | $26.9M / $31.9M |
| Active participants, start / end of year | 468 / 533 |
| Participants with account balances | 460 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Holsinger P.C. |
Largest service providers (Schedule C)
| Schneider Downs Wealth Management a | $68,949 reported compensation |
| Schenider Downs Retirement Solution | $33,815 reported compensation |
| Charles Schwab Trust Company | $10,948 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010091032NAL0004090851001, received 2025-10-10, EIN 25-1230205, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.