Plan Ledger DOL Form 5500 · updated monthly

McDonald Carano LLP401(k)

MCDONALD CARANO LLP PROFIT SHARING PLAN · RENO, NV · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

McDonald Carano LLP reported $47,741 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $18,277 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 0.11% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 49th-largest of 437 plans among Nevada employers on file, and the 2,191st of 11,654 in professional & technical services. In 2024, the employer put in $1.95 for every $1.00 employees contributed themselves; active participation has grown from 94 to 116 since 2022.

Plan summary
Net assets, end of year$65,325,041
Participants with balances155
Active participants116
Employer contributions$2,120,094
Employee contributions$1,089,257
Employer contribution per active participant$18,277
Average account balance$421,452
Benefits paid to participants$3,211,944
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.3M · 155 accts · $2.1M emplr
2023$57.5M · 140 accts · $1.9M emplr
2022$50.7M · 142 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,433
Investment management$1,308
Total administrative$47,741
The McDonald Carano LLP 401(k) match · 2024
Employer contribution per active participant$18,277
Median for plans this size$3,635
2024$18,277 per active participant
2023$22,000 per active participant
2022$18,529 per active participant

McDonald Carano LLP'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.

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 · 20243
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$38,368
CHARLES SCHWAB & CO., INC. · Securities brokerage$440

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

Recordkeeper by year2
2024Charles Schwab, OneAmerica
2023OneAmerica

This plan has changed recordkeepers within these filings. If you left McDonald Carano LLP before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$47,741 · 0.08%
2023$55,719 · 0.10%
2022$58,323 · 0.11%
Same employer
Similar plansProfessional & Technical Services · Nevada
Advanstaff, Inc. NV$126.9M · 0.82%
Rimini Street, Inc. NV$93.2M · 0.16%
Arcata Associates, Inc. NV$63.0M · 0.14%
R & R Partners, Inc. NV$46.5M · 0.11%
Marnell Companies LLC NV$46.2M · 0.11%
Gcw Holdings, Inc. NV$35.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880074283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.