Marotta Controls, Inc. 401(k) Review & Grade
Marotta Controls, Inc. Employees 401k Plan
Montville, NJManufacturing704 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,015Employer $ per active participant
$10,641Employee $ saved per active participant
0.28%Direct admin cost, % of plan assets
$86.8MNet plan assets, end of year
$96,715Average balance per account
Score breakdown
- Employer generosity31.7 / 5063th percentile for employer $ per participant
- Low cost10.7 / 2543th percentile for low admin cost vs. same-size plans
- Employee saving13.7 / 1591th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score56 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 63th |
| Lower admin cost | 43th |
| Employee saving | 91th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Auditor concern: the independent auditor gave a qualified or adverse opinion.
What to do if you're in this plan
- Marotta Controls put in about $3,015 per active participant, more than the typical peer ($2,320). 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $2,124,316 |
| Participant (employee) contributions | $7,496,860 |
| Other contributions (incl. rollovers in) | $872,064 |
| Administrative expenses paid from the plan | $228,672 |
| Contract administrator fees | $34,393 |
| Investment advisory & management fees | $79,215 |
| Other admin expenses | $76 |
| Benefits paid out | $9,139,835 |
| Net assets, start / end of year | $76.1M / $86.8M |
| Active participants, start / end of year | 631 / 778 |
| Participants with account balances | 897 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Clyne, Eagan & Associates |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $149,087 reported compensation |
| Onedigital Investment Advisors LLC | $61,484 reported compensation |
| Resources Investment Advisors Inc | $17,731 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250903103803NAL0025787456001, received 2025-09-03, EIN 22-1528122, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.