Employers › Marten Transport
Recordkeeping fees per participant · Marten Transport Retirement Savings Plan · plan year 2024
$79.93
Higher than 59% of the 5,847 plans $50 to 250M that report it.
= $395,968 / 4,954
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250805141236NAL0002544656001, received 2025-08-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250805141236NAL0002544656001, received 2025-08-05
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-08-05.
Administrative expenses excluding investment management, per participant
$83.32
Higher than 43% of the 8,758 plans $50 to 250M that report it.
= $412,768 / 4,954
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250805141236NAL0002544656001, received 2025-08-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250805141236NAL0002544656001, received 2025-08-05
Administrative expenses per participant
$83.32
Higher than 29% of the 9,042 plans $50 to 250M that report it.
= $412,768 / 4,954
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250805141236NAL0002544656001, received 2025-08-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250805141236NAL0002544656001, received 2025-08-05
Administrative expenses as a share of assets
0.300%
Higher than 87% of the 9,049 plans $50 to 250M that report it.
= $412,768 / $137,480,338
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250805141236NAL0002544656001, received 2025-08-05
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250805141236NAL0002544656001, received 2025-08-05
Employer contributions per participant
$678
Higher than 6% of the 9,105 plans $50 to 250M that report it.
= $3,358,562 / 4,954
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250805141236NAL0002544656001, received 2025-08-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250805141236NAL0002544656001, received 2025-08-05
Employer share of total contributions
15.9%
Higher than 10% of the 9,112 plans $50 to 250M that report it.
= $3,358,562 / $21,069,334
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250805141236NAL0002544656001, received 2025-08-05
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250805141236NAL0002544656001, received 2025-08-05
Vesting
“Our contribution vests at the rate of 20% per year for the first through fifth years of service.”
Form 10-K filed 2026-02-27, 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.
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 · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250805141236NAL0002544656001, received 2025-08-05
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MARTEN TRANSPORT, LTD. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Plan name | MARTEN TRANSPORT RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Sponsor EIN / plan number | 39-1140809 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Sponsor location | MONDOVI, WI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Industry (business code) | 484120, Transportation and warehousing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Filing received | 2025-08-05 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Participants, beginning of year | 5,069 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Active participants | 3,140 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Participants, end of year | 5,000 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Participants with an account balance | 4,954 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Total assets, beginning of year | $126,320,057 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Total assets, end of year | $137,480,338 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Net assets, end of year | $137,480,338 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Total income | $35,999,406 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Net income | $11,160,281 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Employer contributions | $3,358,562 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Participant contributions | $17,265,420 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Other contributions (incl. rollovers) | $445,352 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Total contributions | $21,069,334 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Benefit payments | $24,362,780 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Total expenses (incl. benefit payments) | $24,839,125 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Total administrative expenses | $412,768 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Recordkeeping fees | $395,968 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| IQPA audit fees | $16,800 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Administrative expenses excluding investment management | $412,768 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Held in common/collective trusts | $7,661,668 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Held in mutual funds | $123,225,579 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250805141236NAL0002544656001, received 2025-08-05 |
| Independent auditor | CLIFTON LARSON ALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250805141236NAL0002544656001, received 2025-08-05 |
Position = column in the DOL layout for form year 2024. Filing 20250805141236NAL0002544656001, received 2025-08-05.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONSrecordkeeper | RECORDKEEPER | 12 Claims processing; 15 Recordkeeping and information management; 28 Investment management; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 54 Sales loads (front end and deferred); 59 Shareholder servicing fees; 61 Finders fees / placement fees; 62 Float revenue; 63 Distribution (12b-1) fees; 64 Recordkeeping fees; 65 Account maintenance fees | $395,968 | yes |
| CLIFTON LARSON ALLEN, LLP | AUDITOR | 10 Accounting (including auditing); 50 Direct payment from the plan | $16,800 | no |
| NATIONAL FINANCIAL SERVICES | SECURITIES BROKER | 33 Securities brokerage; 71 Securities brokerage commissions and fees | $0 | yes |
| MID ATLANTIC CAPITAL CORPORATION | SECURITIES BROKER | 33 Securities brokerage; 71 Securities brokerage commissions and 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 20250805141236NAL0002544656001, received 2025-08-05.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $126,320,057 | $137,480,338 | 8.8% |
| Participants with a balance | 4,870 | 4,954 | 1.7% |
| Administrative expenses | $384,434 | $412,768 | 7.4% |
| Recordkeeping fees per participant | $75.71 | $79.93 | 5.6% |
| Employer contributions | $3,804,121 | $3,358,562 | -11.7% |
Prior filing 20240918143712NAL0002650163001, received 2024-09-18; the plan years are contiguous.
Sponsor name as filed: MARTEN TRANSPORT, LTD.; SEC registrant: MARTEN TRANSPORT LTD (CIK 799167, matched by EIN; display name from the Form 10-K cover).