Plan Ledger DOL Form 5500 · updated monthly

K.E. McKay's Market of Coos Bay, Inc.401(k)

MCKAY'S MARKET 401(K) PLAN · COOS BAY, OR · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

K.E. McKay's Market of Coos Bay, Inc. reported $75,375 in plan administrative expenses for 2024: 0.83% of average plan assets, above the peer median. Employer contributions averaged $2,023 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 rose from 0.74% to 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Oregon (572nd of 1,021), and 2,724th of 5,215 in retail trade. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 212 to 269 since 2022.

Plan summary
Net assets, end of year$9,513,718
Participants with balances341
Active participants269
Employer contributions$544,116
Employee contributions$674,840
Employer contribution per active participant$2,023
Average account balance$27,899
Benefits paid to participants$1,350,359
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 341 accts · $544K emplr
2023$8.7M · 284 accts · $457K emplr
2022$7.3M · 248 accts · $424K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,375
Total administrative$75,375
The K.E. McKay's Market of Coos Bay, Inc. 401(k) match · 2024
Employer contribution per active participant$2,023
Median for plans this size$1,313
2024$2,023 per active participant
2023$1,927 per active participant
2022$1,999 per active participant

K.E. McKay's Market of Coos Bay, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$65,588
PENSION PLAN SPECIALISTS · Contract administrator · Other services$10,025
EDWARD JONES · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$75,375 · 0.83%
2023$57,539 · 0.72%
2022$59,255 · 0.74%
All plans at this employer2
MCKAY'S MARKET EMPLOYEE STOCK OWNERSHIP PLANESOP
MCKAY'S MARKET 401(K) PLAN401(k)
Same employer
Similar plansRetail Trade · Oregon
Custom Decorators, Inc. OR$11.0M · 0.08%
Curtis Trailers, Inc OR$9.6M · 0.52%
Dari-Mart Stores, Inc. OR$8.9M · 0.83%
Herzog-Meier Auto Center OR$8.3M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930496274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.