Plan Ledger DOL Form 5500 · updated monthly

McConnell Companies, IncESOP

MCCONNELL & ASSOCIATES EMPLOYEE STOCK OWNERSHIP PLAN · NORTH KANSAS CITY, MO · plan year 2024

Employer contribution per participant · 2024
$314

McConnell Companies, Inc's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $11,525,053 across 199 participant accounts, with employer contributions averaging $314 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 among the smaller plans on file in Missouri (789th of 1,393), and 2,888th of 5,337 in construction. active participation has grown from 124 to 180 since 2022.

Plan summary
Net assets, end of year$11,525,053
Participants with balances199
Active participants180
Employer contributions$56,430
Employee contributions—
Employer contribution per active participant$314
Average account balance$57,915
Benefits paid to participants$13,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 199 accts · $56K emplr
2023$9.8M · 167 accts · $53K emplr
2022$7.9M · 140 accts · $43K emplr
Employer contributions to the McConnell Companies, Inc plan · 2024
Employer contribution per active participant$314
Median for plans this size$2,416
2024$314 per active participant
2023$342 per active participant
2022$350 per active participant

McConnell Companies, Inc's 2024 employer contribution ran below the $2,416 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansConstruction · Missouri
Harold G. Butzer, Inc. MO$12.5M · 0.43%
Mts Contracting, Inc. MO$7.3M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 874067617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.