Plan Ledger DOL Form 5500 · updated monthly

Black & McDonald, Inc.401(k)

BLACK & MCDONALD, INC. 401(K) PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.58%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Black & McDonald, Inc. reported $81,961 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,508 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.63% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Missouri (697th of 1,393), and the 1,862nd of 5,215 in retail trade. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 283 to 366 since 2022.

Plan summary
Net assets, end of year$15,465,619
Participants with balances453
Active participants366
Employer contributions$917,964
Employee contributions$1,490,192
Employer contribution per active participant$2,508
Average account balance$34,140
Benefits paid to participants$1,108,538
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA INC.
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 453 accts · $918K emplr
2023$12.6M · 371 accts · $790K emplr
2022$11.9M · 359 accts · $663K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,070
Investment management$35,891
Total administrative$81,961
The Black & McDonald, Inc. 401(k) match · 2024
Employer contribution per active participant$2,508
Median for plans this size$2,416
2024$2,508 per active participant
2023$2,763 per active participant
2022$2,342 per active participant

Black & McDonald, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,070
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$35,891

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$81,961 · 0.58%
2023$77,384 · 0.63%
2022$78,823 · 0.63%
Same employer
Similar plansRetail Trade · Missouri
Warrenton Oil Company, Inc. MO$17.8M · 0.52%
Jim Butler Chevrolet Inc. MO$17.7M · 0.77%
Dfm Investment, Co. MO$17.1M · 0.50%
Carol House Furniture, Inc. MO$14.8M · 0.40%
Southland Imports, Inc. MO$13.6M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522021787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.