401(k) ยท DOL Form 5500 ยท 2024

Marel USA 401(k) Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$126M
Total assets
746
Participants
86th
Percentile by assets

Sponsored by Marel Inc. ยท Kansas ยท Manufacturing

What the 2024 filing shows

Marel USA 401(k) Retirement Plan holds $126M for 746 participants - about $168,840 per participant, in the top quartile of all filed plans by assets, up 6.2% over the 2024 plan year.

$126M
total plan assets (2024 EOY)
746
covered participants
86th
percentile by assets (of 67,083 plans)
$168,840
avg assets per participant
Total Assets (2023)
$126M
Participants
746
State
Industry
Manufacturing

What the Filing Says About Marel USA 401(k) Retirement Plan

Marel USA 401(k) Retirement Plan is a 401(k) retirement plan sponsored by Marel Inc., headquartered in Kansas. As of the 2024 Form 5500 filing, the plan reports $126M in total end-of-year assets and covers 746 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 481174114, and the plan has been effective since 1985-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $119M at the beginning of 2024 to $126M at year-end - a gain of 6.2%. Net assets (after liabilities) closed the year at $126M, with reported net income of $7M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$119M
Total Assets (End of Year)$126M
Net Assets (End of Year)$126M
Net Income$7M
Plan Type401(k)
Employer EIN481174114
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Marel Inc.)

Year Plans Participants Total Assets
2022 1 776 $103M
2023 1 783 $119M
2024 1 746 $126M

Nearby 401(k) Plans in Kansas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Marel USA 401(k) Retirement Plan?
As of the 2024 Form 5500 filing, Marel USA 401(k) Retirement Plan holds $126M in total assets with 746 participants. It is sponsored by Marel Inc..
What type of plan is Marel USA 401(k) Retirement Plan?
Marel USA 401(k) Retirement Plan is a 401(k) plan. It has been effective since 1985-04-01. The plan is filed with the U.S. Department of Labor under EIN 481174114.
Who sponsors the Marel USA 401(k) Retirement Plan?
Marel USA 401(k) Retirement Plan is sponsored by Marel Inc., located in Kansas. The sponsor's EIN is 481174114 and the plan operates in the Manufacturing industry.
How did Marel USA 401(k) Retirement Plan perform in 2024?
Marel USA 401(k) Retirement Plan grew by 6.2% during 2024, moving from $119M to $126M in total assets. Net income was $7M.
Where can I find official filings for Marel USA 401(k) Retirement Plan?
Official Form 5500 filings for Marel USA 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 481174114 or plan name at efast.dol.gov.
How does Marel USA 401(k) Retirement Plan compare to other plans?
You can compare Marel USA 401(k) Retirement Plan against other 401(k) plans on the plan type page, or view plans in Kansas on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 481174114.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.