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MARATHON ELECTRICAL CONTRACTORS, LLC

MARATHON ELECTRICAL CONTRACTORS, LLC 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Jul 23, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

50filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$2,739

Reported employer contributions per active participant.

Higher than about 65% of comparable plans
#People in the filing
463

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$365 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 13% of comparable plans
↗Investment performance
Not available

Plan assets changed 21.1%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202450out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions65th percentileTypical peer $1,990 · based on 1,102 comparable plans
Lower reported administrative expense13th percentileTypical peer $185 · based on 1,120 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, MARATHON ELECTRICAL CONTRACTORS, LLC reported $1,268,215 in employer contributions across the plan and 463 active participants. That works out to $2,739 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy85%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 30.4%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 19.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context50/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$1,268,215
Participant contributions
$2,285,295
Other contributions
$5,916
Employer share of reported contributions
35.7%
Beginning assets
$23,639,003
Ending assets
$28,619,057
Ending net assets
$28,614,143
Ending liabilities
$4,914
Total income
$6,737,976
Total expenses
$1,762,836
Administrative expenses
$196,619
Participant loans
$588,436

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$2,100
2023
$2,258
2024
$2,739
Plan-paid administrative expenses per participant
2022
$307
2023
$307
2024
$365
Active participants
2022
428
2023
431
2024
463
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$2,73946328.6M20250723094416NAL0004186400001
2023$2,25843123.6M20240730072149NAL0044608626001
2022$2,10042818.4M20231004102110NAL0019920273001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
2.1%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
630948925-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Nov 1, 1989
Industry
Construction
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2G2J2K2S2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
MID ATLANTIC TRUST COMPANY2024Not reportedunknown

Current plan terms

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Filing ACK_ID20250723094416NAL0004186400001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗