Plan Snapshot
- Plan Sponsor: Martco, L.L.C
- Sponsor EIN: 720920365
- Sponsor Address: P.O. BOX 1110, ALEXANDRIA, LA, 71309
- Plan Type: 401(k)
- Total Participants: 1,275
- Total Assets: $268.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,275 | $268.7M | $12.0M | $8.1M |
| 2023 | 1,273 | $233.8M | $14.6M | $6.8M |
| 2022 | 1,219 | $190.4M | $19.6M | $6.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PAYNE MOORE & HERRINGTON LLP | Auditor | $18,000 | — | $18,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,000
- Estimated Expense Ratio: 0.007% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $284,500 | $75,060 | — | $18,000 | — |
| 2023 | $252,973 | $68,026 | — | $16,500 | — |
| 2022 | $252,572 | $45,675 | $191,397 | — | $15,500 |