Plan Ledger DOL Form 5500 · updated monthly

Macneill Pride Group Corp dba Gathr Outdoors401(k)

MACNEILL PRIDE GROUP CORP DBA GATHR OUTDOORS 401(K) PLAN · BURNHAM, ME · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Macneill Pride Group Corp dba Gathr Outdoors reported $81,997 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,465 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 1 year on file its reported administrative ratio rose from 0.07% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 111th-largest of 354 plans among Maine employers on file, and the 4,708th of 13,661 in manufacturing. In 2024, employees put in $3.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,187,614
Participants with balances409
Active participants331
Employer contributions$484,878
Employee contributions$1,659,945
Employer contribution per active participant$1,465
Average account balance$68,918
Benefits paid to participants$3,774,621
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$28.2M · 409 accts · $485K emplr
2023$25.3M · 404 accts · $541K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,980
Investment management$34,017
Total administrative$81,997
The Macneill Pride Group Corp dba Gathr Outdoors 401(k) match · 2024
Employer contribution per active participant$1,465
Median for plans this size$2,416
2024$1,465 per active participant
2023$1,828 per active participant

Macneill Pride Group Corp dba Gathr Outdoors's 2024 employer contribution ran below 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$47,980
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$23,055
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,475

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

Administrative cost history2
2024$81,997 · 0.31%
2023$15,826 · 0.07%
Same employer
Similar plansManufacturing · Maine
Hussey Corporation ME$59.1M · 0.23%
Woodland Pulp LLC ME$44.2M · 0.06%
Nichols Portland, LLC ME$40.6M · 0.45%
Letter Systems, Inc. ME$26.9M · 0.43%
Somic America, Inc. ME$25.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471044853 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.