What are the fees in the McClure Holdings Corporation 401(k) plan?

For plan year 2022, McClure Holdings Corporation reported $12,570 in plan administrative expenses, or 0.59% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the McClure Holdings Corporation 401(k) match?

In 2022, employer contributions to the McClure Holdings Corporation plan averaged $145 per active participant, below the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the McClure Holdings Corporation 401(k)?

The average participant account balance was $43,974 for plan year 2022, based on 45 accounts.

McClure Holdings Corporation401(k)

Name: McClure Holdings Corporation 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

MCCLURE HOLDINGS CORPORATION 401(K) SALARY REDUCTION PLAN & TRUST · MARION, IN · plan year 2022

Reported admin expense ratio · 2022

0.59%

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

McClure Holdings Corporation reported $12,570 in plan administrative expenses for 2022: 0.59% of average plan assets, above the peer median. Employer contributions averaged $145 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Indiana (1,397th of 1,562), and 4,676th of 5,215 in retail trade. In 2022, employees put in $5.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,978,818
Participants with balances45
Active participants162
Employer contributions$23,510
Employee contributions$133,977
Employer contribution per active participant$145
Average account balance$43,974
Benefits paid to participants$89,655
Plan auditUnmodified (clean) audit opinion
AuditorBADEN GAGE & SCHROEDER LLC

The McClure Holdings Corporation 401(k) match · 2022

Employer contribution per active participant$145

Median for plans this size$1,114

McClure Holdings Corporation's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$12,570 · 0.59%

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Innovativerx US Holdings, Inc D/ IN$1.9M · 2.23%
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Source: U.S. Department of Labor, Form 5500 series, EIN 271617335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.