Plan Ledger DOL Form 5500 · updated monthly

McClure & Sons, Inc.401(k)

MCCLURE & SONS, INC. 401(K) · MILL CREEK, WA · plan year 2023

Reported admin expense ratio · 2023
0.74%

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

McClure & Sons, Inc. reported $72,566 in plan administrative expenses for 2023: 0.74% of average plan assets, above the peer median. Employer contributions averaged $11,967 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 fell from 0.79% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Washington (1,077th of 1,714), and 3,101st of 5,337 in construction. In 2023, the employer put in $6.67 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,957,527
Participants with balances92
Active participants47
Employer contributions$562,441
Employee contributions$84,372
Employer contribution per active participant$11,967
Average account balance$108,234
Benefits paid to participants$1,827,081
Plan auditUnmodified (clean) audit opinion
AuditorDAHLIN ACCOUNTING AND CONSULTING
Plan history2
Yearassets · accounts · employer contribution
2023$10.0M · 92 accts · $562K emplr
2022$9.8M · 104 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,883
Investment management$49,331
Total administrative$72,566
The McClure & Sons, Inc. 401(k) match · 2023
Employer contribution per active participant$11,967
Median for plans this size$1,308
2023$11,967 per active participant
2022$22,209 per active participant

McClure & Sons, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MGROUP INVESTMENT ADVISOR LLC · Investment advisory (plan)$29,152
EMPOWER ADVISORY GROUP LLC · Investment management$20,179
DAVIS BACON PENSION PLANS INC · Contract administrator$19,781

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

Administrative cost history2
2023$72,566 · 0.74%
2022$101,558 · 0.79%
Similar plansConstruction · Washington
Psf Mechanical, Inc. WA$10.5M · 0.10%
Mastercraft Electric, Inc. WA$10.1M · 0.59%
The Holt Group, Inc. WA$9.0M · 0.56%
Sme Inc of Seattle WA$8.9M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911411013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.