How much does McCown Gordon Companies, Inc. contribute to its ESOP?

In 2024, employer contributions to the McCown Gordon Companies, Inc. plan averaged $7,461 per active participant, above the $3,635 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 McCown Gordon Companies, Inc. 401(k)?

The average participant account balance was $270,697 for plan year 2024, based on 543 accounts.

McCown Gordon Companies, Inc.ESOP

Name: McCown Gordon Companies, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

MCCOWN GORDON COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · KANSAS CITY, MO · plan year 2024

Employer contribution per participant · 2024

$7,461

McCown Gordon 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 $146,988,315 across 543 participant accounts, with employer contributions averaging $7,461 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 142nd-largest of 1,393 plans among Missouri employers on file, and the 454th of 5,337 in construction.

Plan summary
Net assets, end of year$146,988,315
Participants with balances543
Active participants469
Employer contributions$3,499,352
Employee contributions—
Employer contribution per active participant$7,461
Average account balance$270,697
Benefits paid to participants$4,161,806
Plan auditUnmodified (clean) audit opinion
AuditorRUBINBROWN LLP

Plan history3

Yearassets · accounts · employer contribution

2024$147.0M · 543 accts · $3.5M emplr

2023$131.7M · 528 accts · $2.7M emplr

2022$113.1M · 503 accts · $2.1M emplr

Employer contributions to the McCown Gordon Companies, Inc. plan · 2024

Employer contribution per active participant$7,461

Median for plans this size$3,635

2024$7,461 per active participant

2023$5,966 per active participant

2022$5,014 per active participant

McCown Gordon Companies, Inc.'s 2024 employer contribution ran above the $3,635 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.

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

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Source: U.S. Department of Labor, Form 5500 series, EIN 900001298 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.