Plan Ledger DOL Form 5500 · updated monthly

McClymonds Supply & Transit Company, Inc.401(k)

MCCLYMONDS SUPPLY & TRANSIT COMPANY, INC. 401(K) PLAN · PORTERSVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

McClymonds Supply & Transit Company, Inc. reported $164,549 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,097 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 0.57% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,008th-largest of 3,651 plans among Pennsylvania employers on file, and the 472nd of 2,677 in transportation & warehousing. In 2024, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,284,761
Participants with balances607
Active participants454
Employer contributions$1,405,883
Employee contributions$1,463,218
Employer contribution per active participant$3,097
Average account balance$61,425
Benefits paid to participants$3,728,048
Plan auditUnmodified (clean) audit opinion
AuditorR.D. HOAG & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$37.3M · 607 accts · $1.4M emplr
2023$34.3M · 601 accts · $1.4M emplr
2022$29.4M · 558 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,555
Investment management$114,957
Audit (IQPA)$13,930
Trustee / custodial$20,107
Total administrative$164,549
The McClymonds Supply & Transit Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,097
Median for plans this size$2,416
2024$3,097 per active participant
2023$3,071 per active participant
2022$2,714 per active participant

McClymonds Supply & Transit Company, Inc.'s 2024 employer contribution ran above 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 · 20244
SCHNEIDER DOWNS RET. SOLUTIONS · Recordkeeping$16,931
SCHNEIDER DOWNS WEALTH MGT ADV. · Investment advisory (participants) · Investment advisory (plan)$114,957
R.D. HOAG & ASSOCIATES, LLC · Accounting / audit$19,133
CHARLES SCHWAB TRUST COMPANY · Custodial (securities) · Trustee$13,930

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

Recordkeeper by year2
2024SCHNEIDER DOWNS RET. SOLUTIONS
2023SCHNEIDER DOWNS RET. SOLUTIONS

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

Administrative cost history3
2024$164,549 · 0.46%
2023$158,941 · 0.50%
2022$168,601 · 0.57%
Same employer
Similar plansTransportation & Warehousing · Pennsylvania
Daily Express, Inc. PA$45.2M · 0.08%
Rock-It Cargo USA LLC (USA) PA$34.3M · 0.20%
The Krapf Bus Companies PA$26.9M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 251437635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.