Retirement plan

MARBOB LLC 401(K) PLAN

Name: MARBOB LLC - MARBOB LLC 401(K) PLAN (2023) Form 5500
Creator: MARBOB LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARBOB LLC 401(K) PLAN, MARBOB LLC

MARBOB LLCEIN 83-2913729Plan #001PY 2023

PO BOX 400 - RUIDOSO, NM 88355575-808-8003

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$13.4M

No prior year

Total participants

No prior year

Average account balance

$1,028,664

No prior year

Annual return

21.70%

No prior year

Benchmarks

See 1,742 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,742 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Less than 3 years of history available for this plan

We'll show a chart here once at least 3 consecutive filings are on record.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2H2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$4.1M

$1035245 / participant

Other / not subdivided$4M100.0%

% of EOY assets

30.966%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,028,664

$94,749+985.7%

$112,899+811.1%

$139,466+637.6%

Participation rate

100.0%

81.3%+18.7pp

80.5%+19.5pp

80.3%+19.7pp

Annual return

21.70%

40.92%-19.2pp

34.11%-12.4pp

373.66%-352.0pp

Employer contribution / active EE

$4,030

$4,630-13.0%

$4,566-11.7%

$4,754-15.2%

Participant deferral / active EE

$9,171

$6,517+40.7%

$6,516+40.7%

$6,712+36.6%

Admin fee / account holder

$318,537

$8,530+3634.5%

$7,047+4419.9%

$11,409+2692.1%

MARBOB LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARBOB LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion