Plan Snapshot
- Plan Sponsor: Martin Marietta Materials, INC.
- Sponsor EIN: 561848578
- Sponsor Address: 4123 PARKLAKE AVENUE, RALEIGH, NC, 27612
- Plan Type: DB
- Total Participants: 8,654
- Total Assets: $1.3B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 8,654 | $1.3B | $25.0M | $0 |
| 2023 | 8,664 | $1.2B | $25.0M | $0 |
| 2022 | 8,546 | $1.1B | $25.0M | $0 |
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 |
|---|---|---|---|---|
| NORTHERN TRUST INVESTMENTS INC | Other Service Provider | $2,041,368 | — | $2,041,368 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $1,253,942 | — | $1,253,942 |
| HARRISON STREET ADVISORS, LLC | Other Service Provider | $913,047 | — | $913,047 |
| NORTHERN TRUST COMPANY | Other Service Provider | $170,110 | — | $170,110 |
| UBS GLOBAL ASSET MANAGEMENT | Investment Advisor | $112,783 | — | $112,783 |
| NISA INVESTMENT ADVISORS L.L.C | Other Service Provider | $65,392 | — | $65,392 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- UBS GLOBAL ASSET MANAGEMENT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,556,642
- Estimated Expense Ratio: 0.361% 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 | $5,742,479 | $3,132,590 | — | — | — |
| 2023 | $7,061,872 | $3,583,083 | — | — | — |
| 2022 | $5,619,000 | $3,089,000 | — | — | $1,240,000 |