Plan Ledger DOL Form 5500 · updated monthly

McCoy Group, Inc.401(k)

MCCOY GROUP, INC. 401(K) PROFIT SHARING PLAN · DUBUQUE, IA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

McCoy Group, Inc. reported $537,823 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $1,450 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 3 years on file its reported administrative ratio has held roughly steady near 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 41st-largest of 878 plans among Iowa employers on file, and the 171st of 5,215 in retail trade. In 2024, employees put in $4.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$266,730,804
Participants with balances4,544
Active participants4,021
Employer contributions$5,828,627
Employee contributions$24,165,663
Employer contribution per active participant$1,450
Average account balance$58,700
Benefits paid to participants$27,749,253
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$266.7M · 4,544 accts · $5.8M emplr
2023$230.6M · 4,423 accts · $5.2M emplr
2022$189.0M · 4,051 accts · $5.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$537,823
Total administrative$537,823
The McCoy Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,450
Median for plans this size$3,635
2024$1,450 per active participant
2023$1,320 per active participant
2022$1,349 per active participant

McCoy Group, Inc.'s 2024 employer contribution ran below the $3,635 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

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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$537,823
RSM US LLP · Accounting / auditindirect comp
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp
WELLTH ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp
LPL FINANCIAL LLC · Other servicesindirect comp

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

Administrative cost history3
2024$537,823 · 0.22%
2023$450,044 · 0.21%
2022$414,654 · 0.21%
Same employer
Similar plansRetail Trade · Iowa
Hy-Vee, Inc. IA$3.1B · 0.11%
Casey's General Stores Inc. IA$514.4M · 0.15%
Fareway Stores, Inc. IA$436.5M · 0.13%
Von Maur, Inc. IA$112.3M · 0.27%
Van Wall Equipment, Inc. IA$67.4M · 0.34%
Kum & Go, Lc IA$66.2M · 0.50%
Bomgaars Supply, Inc. IA$52.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391428371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.