Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Mannatech
Mannatech 401(k)
- MTEX Nasdaq
- Wholesale trade
- Flower Mound, TX
- EIN 75-2508900
- 1 plan with Schedule H financials
- Plan year 2024
- Mannatech, Incorporated
- filed as Mannatech Incorporated
- SEC registrant Mannatech Inc
Administrative expenses excluding investment management, per participant · Mannatech, Inc. 401(k) Plan · plan year 2024
$938.49
Higher than 100% of the 24,371 plans $10 to 50M that report it.
Source
= $121,065 / 129
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250620113608NAL0005607968001, received 2025-06-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620113608NAL0005607968001, received 2025-06-20
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-20.
Cost and contributions
Administrative expenses per participant
$938.49
Higher than 100% of the 25,098 plans $10 to 50M that report it.
Source
= $121,065 / 129
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250620113608NAL0005607968001, received 2025-06-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620113608NAL0005607968001, received 2025-06-20
Administrative expenses as a share of assets
0.611%
Higher than 91% of the 25,132 plans $10 to 50M that report it.
Source
= $121,065 / $19,823,793
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250620113608NAL0005607968001, received 2025-06-20
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250620113608NAL0005607968001, received 2025-06-20
Employer contributions per participant
$1,559
Higher than 34% of the 24,050 plans $10 to 50M that report it.
Source
= $201,145 / 129
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250620113608NAL0005607968001, received 2025-06-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620113608NAL0005607968001, received 2025-06-20
Employer share of total contributions
22.0%
Higher than 30% of the 24,084 plans $10 to 50M that report it.
Source
= $201,145 / $915,845
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250620113608NAL0005607968001, received 2025-06-20
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250620113608NAL0005607968001, received 2025-06-20
Plan terms, as stated in Mannatech, Incorporated's SEC filings
Employer match
“The 401(k) Plan permits matching employer contributions in the amount of $0.50 for each $1.00 contributed by a participating employee up to a maximum of 6% of the participant’s annual salary.”
Form 10-K filed 2026-04-15, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Vesting
“Our contributions to our 401(k) Plan vest over five years or earlier if the participant retires at age 65, becomes disabled, or dies.”
Form 10-K filed 2026-04-15, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250620113608NAL0005607968001, received 2025-06-20
Full record, Mannatech, Inc. 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MANNATECH INCORPORATED | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Plan name | MANNATECH, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Sponsor EIN / plan number | 75-2508900 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Sponsor location | FLOWER MOUND, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Industry (business code) | 423990, Wholesale trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Filing received | 2025-06-20 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Participants, beginning of year | 151 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Active participants | 78 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Participants, end of year | 130 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Participants with an account balance | 129 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Total assets, beginning of year | $18,169,833 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Total assets, end of year | $19,823,793 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Net assets, end of year | $19,823,793 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Total income | $3,228,164 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Net income | $1,653,960 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Employer contributions | $201,145 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Participant contributions | $714,700 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Total contributions | $915,845 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Benefit payments | $1,453,139 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Total expenses (incl. benefit payments) | $1,574,204 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Total administrative expenses | $121,065 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Contract administrator fees | $121,065 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Administrative expenses excluding investment management | $121,065 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Held in common/collective trusts | $14,373,600 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Held in mutual funds | $2,384,287 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250620113608NAL0005607968001, received 2025-06-20 |
| Independent auditor | KNAV CPA LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250620113608NAL0005607968001, received 2025-06-20 |
Position = column in the DOL layout for form year 2024. Filing 20250620113608NAL0005607968001, received 2025-06-20.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $121,065 | yes |
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISORY | 27 Investment advisory (plan); 99 Other fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250620113608NAL0005607968001, received 2025-06-20.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $18,169,833 | $19,823,793 | 9.1% |
| Participants with a balance | 148 | 129 | -12.8% |
| Administrative expenses | $106,148 | $121,065 | 14.1% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $255,562 | $201,145 | -21.3% |
Prior filing 20241014143642NAL0027577873001, received 2024-10-14; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: MANNATECH INCORPORATED; SEC registrant: MANNATECH INC (CIK 1056358, matched by EIN; display name from the Form 10-K cover).