Marmic Fire & Safety Co., Inc. 401(k) Review & Grade
Marmic Fire & Safety 401(k) Plan
Joplin, MOWholesale Trade1,034 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,435Employer $ per active participant
$4,022Employee $ saved per active participant
0.92%Direct admin cost, % of plan assets
$22.3MNet plan assets, end of year
$18,274Average balance per account
Score breakdown
- Employer generosity32.1 / 5064th percentile for employer $ per participant
- Low cost1.9 / 258th percentile for low admin cost vs. same-size plans
- Employee saving5.9 / 1540th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score50 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 64th |
| Lower admin cost | 8th |
| Employee saving | 40th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Marmic Fire & Safety Co. put in about $2,435 per active participant, more than the typical peer ($1,792). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 (0.92% 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $2,516,625 |
| Participant (employee) contributions | $4,156,366 |
| Other contributions (incl. rollovers in) | $699,351 |
| Administrative expenses paid from the plan | $176,068 |
| Contract administrator fees | $4,593 |
| Investment advisory & management fees | $68,340 |
| Benefits paid out | $3,368,639 |
| Net assets, start / end of year | $16.2M / $22.3M |
| Active participants, start / end of year | 885 / 1,182 |
| Participants with account balances | 1,218 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | The Whitlock Company, LLP |
Largest service providers (Schedule C)
| Fidelity Workplace Services, LLC | $107,728 reported compensation |
| World Investment Advisors LLC | $62,212 reported compensation |
| Strategic Advisors, Inc. | $6,128 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013144135NAL0001446993001, received 2025-10-13, EIN 43-1866691, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.