Marco 401(k) match, vesting and fees
What Marco's 401(k) plan says about matching contributions
The Company may, at its discretion, elect to make a matching contribution to the Plan. For the years ended December 31, 2024 and 2023 the Company matching contribution was 100% of the first 5% of eligible compensation that a participant contributed to the Plan.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | 2024 audit report, p. 34 ↗ |
| Automatic enrollment | The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan. Automatically enrolled participants have their deferral rate set at 3% of eligible compensation, and their contributions invested in the designated default fund until changed by the participant. The Plan has an automatic increase provision whereby a participant’s deferral rate will have a 1% automatic increase annually (up to 10%) unless they affirmatively elect not to participate in auto escalation. | 2024 audit report, p. 34 ↗ |
| Roth contributions | Eligible participants are permitted to elect to have a percentage (up to 100%) of their compensation contributed as pretax 401(k) or Roth contributions to the Plan. | 2024 audit report, p. 34 ↗ |
| Recordkeeper | Fidelity Investments Institutional | 2025 Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | 2025 Schedule H ↗ |
| Plan type and status | 401(k) · Active | 2025 Form 5500 ↗ |
Match, vesting and other plan features are from the plan year 2024 filing's audit report (the latest one extracted so far). Rows cited to the Form 5500 and its schedules are from the plan year 2025 filing.
How the plan compares
Plan year 2025 medians for 79 defined-contribution plans in wholesale trade with 1,000 to 4,999 participants.
| Marco: employer contribution per participant | $2,665 | |
| Peer median | $2,178 |
| Marco: average balance | $97,865 | |
| Peer median | $89,313 |
| Marco: admin expenses ÷ assets | 0.13% | |
| Peer median | 0.14% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $124M at the end of plan year 2021 to $176M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 1,921 | $176M | $4.8M | $2,665 | 0.13% | Not published | Form 5500 ↗ |
| 2024 | 1,888 | $151M | $4.7M | $2,538 | 0.13% | Quoted in the audit report, p. 34 ↗ | Form 5500 ↗ |
| 2023 | 1,784 | $129M | $4.4M | $2,482 | 0.13% | Not published | Form 5500 ↗ |
| 2022 | 1,703 | $104M | $4.1M | $2,403 | 0.12% | Not published | Form 5500 ↗ |
| 2021 | 1,713 | $124M | $4.8M | $2,814 | 0.23% | Not published | Form 5500 ↗ |
Common questions
Does Marco match 401(k) contributions?
The audit report attached to the Marco Technologies, LLC 401(k) Plan's plan year 2024 Form 5500, page 34 says: “The Company may, at its discretion, elect to make a matching contribution to the Plan. For the years ended December 31, 2024 and 2023 the Company matching contribution was 100% of the first 5% of eligible compensation that a participant contributed to the Plan.” Plan terms may have changed; check your current Summary Plan Description.
When is the Marco 401(k) match vested?
The vesting schedule for the Marco Technologies, LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Marco 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Marco, Inc..
I left Marco. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Marco, Inc., (320) 259-3000) or the recordkeeper, Fidelity Investments Institutional. The Marco old 401(k) page lists the contacts from every plan filing. Find an old Marco 401(k)
Data from the public Form 5500 annual reports Marco filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Marco. Not financial advice. Report a correction · Methodology