Plan Snapshot
- Plan Sponsor: Martin Marietta Materials, INC.
- Sponsor EIN: 561848578
- Sponsor Address: 4123 PARKLAKE AVENUE, RALEIGH, NC, 27612
- Plan Type: 401(k)
- Total Participants: 8,886
- Total Assets: $903.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 8,886 | $903.5M | $22.3M | $54.7M |
| 2023 | 8,807 | $838.2M | $21.8M | $54.2M |
| 2022 | 8,839 | $711.2M | $20.3M | $49.3M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | $34,230 | — | $34,230 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,230
- Estimated Expense Ratio: 0.004% 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 | $698,472 | — | — | $34,230 | — |
| 2023 | $686,749 | — | — | $31,911 | — |
| 2022 | $666,827 | — | — | — | — |