Plan Ledger DOL Form 5500 · updated monthly

John W. McDougall Co. , Inc.Profit-sharing plan

JOHN W. MCDOUGALL CO. , INC. PROFIT SHARING AND · NASHVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.62%

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

John W. McDougall Co. , Inc. reported $65,093 in plan administrative expenses for 2023: 0.62% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,569 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 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (789th of 1,496), and 8,226th of 13,661 in manufacturing. In 2023, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,369,048
Participants with balances281
Active participants217
Employer contributions$557,410
Employee contributions$748,385
Employer contribution per active participant$2,569
Average account balance$40,459
Benefits paid to participants$1,002,392
Plan auditUnmodified (clean) audit opinion
AuditorDEMPSEY VANTREASE & HOLLIS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 281 accts · $477K emplr
2023$11.4M · 281 accts · $557K emplr
2022$9.5M · 275 accts · $518K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$44,398
Total administrative$65,093
Employer contributions to the John W. McDougall Co. , Inc. plan · 2023
Employer contribution per active participant$2,569
Median for plans this size$2,440
2024$2,563 per active participant
2023$2,569 per active participant
2022$2,445 per active participant

John W. McDougall Co. , Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (plan)$45,148
COOPER TRAVIS & COMPANY PLC · Accounting / audit$19,945
PRUDENT STREET FINANCIAL ADVISORSindirect comp

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$47,841 · 0.47%
2023$65,093 · 0.62%
2022$63,303 · 0.63%
Same employer
Similar plansManufacturing · Tennessee
Intersign Corporation TN$12.5M · 0.38%
Jeffrey Chain, L.P. TN$12.2M · 0.06%
Aesseal Inc. TN$12.1M · 0.51%
Superior Steel, Inc. TN$12.0M · 0.87%
Drexel Chemical Company TN$11.0M · 0.48%
Otics USA, Inc. TN$10.9M · 0.16%
Aluma-Form, Inc. TN$10.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620435228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.