Employers › Marlette Funding
Recordkeeping fees per participant · Marlette Funding, LLC 401(k) Plan · plan year 2023
$25.79
Higher than 29% of the 13,318 plans $10 to 50M that report it.
= $19,963 / 774
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241115114103NAL0001317840001, received 2024-11-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241115114103NAL0001317840001, received 2024-11-15
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 2023-01-01 to 2023-12-31, filing received 2024-11-15.
Administrative expenses excluding investment management, per participant
$25.79
Higher than 19% of the 23,494 plans $10 to 50M that report it.
= $19,963 / 774
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241115114103NAL0001317840001, received 2024-11-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241115114103NAL0001317840001, received 2024-11-15
Administrative expenses per participant
$176.56
Higher than 51% of the 24,286 plans $10 to 50M that report it.
= $136,661 / 774
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241115114103NAL0001317840001, received 2024-11-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241115114103NAL0001317840001, received 2024-11-15
Administrative expenses as a share of assets
0.336%
Higher than 62% of the 24,321 plans $10 to 50M that report it.
= $136,661 / $40,625,681
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241115114103NAL0001317840001, received 2024-11-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241115114103NAL0001317840001, received 2024-11-15
Employer contributions per participant
$4,419
Higher than 88% of the 23,376 plans $10 to 50M that report it.
= $3,420,040 / 774
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241115114103NAL0001317840001, received 2024-11-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241115114103NAL0001317840001, received 2024-11-15
Employer share of total contributions
30.3%
Higher than 58% of the 23,409 plans $10 to 50M that report it.
= $3,420,040 / $11,280,339
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241115114103NAL0001317840001, received 2024-11-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241115114103NAL0001317840001, received 2024-11-15
Plan terms are not published in public filings.
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) · 3B · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20241115114103NAL0001317840001, received 2024-11-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MARLETTE FUNDING, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Plan name | MARLETTE FUNDING, LLC 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Sponsor EIN / plan number | 46-3428783 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Sponsor location | WILMINGTON, DE | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Industry (business code) | 522300, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Plan year | 2023-01-01 to 2023-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Filing received | 2024-11-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Participants, beginning of year | 757 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Active participants | 571 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Participants, end of year | 801 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Participants with an account balance | 774 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Total assets, beginning of year | $25,569,735 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Total assets, end of year | $40,625,681 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Net assets, end of year | $40,625,681 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Total income | $17,212,398 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Net income | $14,598,946 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Employer contributions | $3,420,040 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Participant contributions | $6,232,193 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Other contributions (incl. rollovers) | $1,628,106 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Total contributions | $11,280,339 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Benefit payments | $2,461,116 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Total expenses (incl. benefit payments) | $2,613,452 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Total administrative expenses | $136,661 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Recordkeeping fees | $19,963 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Investment advisory and management fees | $116,698 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Administrative expenses excluding investment management | $19,963 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Held in common/collective trusts | $725,425 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Held in mutual funds | $39,485,672 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20241115114103NAL0001317840001, received 2024-11-15 |
| Independent auditor | DELOITTE | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20241115114103NAL0001317840001, received 2024-11-15 |
Position = column in the DOL layout for form year 2023. Filing 20241115114103NAL0001317840001, received 2024-11-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ADP, INC.recordkeeper | RECORD KEEPER | 37 Participant loan processing; 50 Direct payment from the plan; 15 Recordkeeping and information management; 64 Recordkeeping fees | $92,990 | yes |
| GLOBAL RETIREMENT PARTNERSrecordkeeper | INVESTMENT/FINANCIAL ADVI | 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 49 Other services; 50 Direct payment from the plan; 64 Recordkeeping fees; 99 Other fees | $43,670 | no |
| ADP BROKER-DEALERrecordkeeper | RECORD KEEPER | 60 Sub-transfer agency fees; 59 Shareholder servicing 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 20241115114103NAL0001317840001, received 2024-11-15.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.
Sponsor name as filed: MARLETTE FUNDING, LLC; SEC registrant: Marlette Funding, LLC (CIK 1600839, matched by EIN).