Plan Ledger DOL Form 5500 · updated monthly

McClone Construction Company401(k)

MCCLONE CONSTRUCTION COMPANY 401(K) PROFIT SHARING PLAN & TRUST · EL DORADO HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

McClone Construction Company reported $31,321 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $5,611 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 0.33% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 3,787th-largest of 9,483 plans among California employers on file, and the 2,110th of 5,337 in construction. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has grown from 157 to 173 since 2022.

Plan summary
Net assets, end of year$18,848,911
Participants with balances230
Active participants173
Employer contributions$970,654
Employee contributions$1,370,790
Employer contribution per active participant$5,611
Average account balance$81,952
Benefits paid to participants$1,346,191
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 230 accts · $971K emplr
2023$15.3M · 211 accts · $747K emplr
2022$12.0M · 231 accts · $893K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,031
Trustee / custodial$290
Total administrative$31,321
The McClone Construction Company 401(k) match · 2024
Employer contribution per active participant$5,611
Median for plans this size$2,416
2024$5,611 per active participant
2023$4,419 per active participant
2022$5,688 per active participant

McClone Construction Company's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$31,031

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,321 · 0.18%
2023$37,243 · 0.27%
2022$39,694 · 0.33%
Same employer
Similar plansConstruction · California
Cass Construction, Inc. CA$19.2M · 0.69%
Centric Construction, Inc. CA$18.6M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680300753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.