Plan Ledger DOL Form 5500 · updated monthly

McCloud Inc.401(k)

MCCLOUD INC. 401(K) PLAN · COLUMBIA, KY · plan year 2023

Reported admin expense ratio · 2023
0.23%

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

McCloud Inc. reported $900 in plan administrative expenses for 2023: 0.23% of average plan assets, lower than ~75% of peers. Employer contributions averaged $262 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 3 years on file its reported administrative ratio rose from 0.11% to 5.92%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kentucky (857th of 871), and 11,391st of 11,911 in health care & social assistance. In 2023, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 123 to 223 since 2021.

Plan summary
Net assets, end of year$470,178
Participants with balances285
Active participants223
Employer contributions$58,324
Employee contributions$75,058
Employer contribution per active participant$262
Average account balance$1,650
Benefits paid to participants$5,692
Plan auditUnmodified (clean) audit opinion
Plan history5
Yearassets · accounts · employer contribution
2025$0
2024$136K · 144 accts · $31K emplr
2023$470K · 285 accts · $58K emplr
2022$318K · 250 accts · $98K emplr
2021$151K · 204 accts · $83K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$900
Total administrative$900
The McCloud Inc. 401(k) match · 2023
Employer contribution per active participant$262
Median for plans this size$522
2023$262 per active participant
2022$679 per active participant
2021$674 per active participant

McCloud Inc.'s 2023 employer contribution ran below the $522 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
CGRPS · Recordkeeping · Investment management$825
MCGREGOR & ASSOCIATES, INC. · Accounting / audit · Actuarial$75
ALLSTATE FINANCIAL SERVICES LLC · Investment advisory (participants) · 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.

Recordkeeper by year2
2024CGRPS
2023CGRPS

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

Administrative cost history5
2025Not separately reported
2024$17,935 · 5.92%
2023$900 · 0.23%
2022$665 · 0.28%
2021$170 · 0.11%
Similar plansHealth Care & Social Assistance · Kentucky
The Reach Corporation KY$449K · 0.86%
Lifeline Homecare, Inc. KY$392K · 0.62%
Pillar KY$278K · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611333640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.