Plan Ledger DOL Form 5500 · updated monthly

McE Corporation401(k)

MCE CORPORATION 401(K) PLAN · CONCORD, CA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

McE Corporation reported $30,816 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $283 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 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,307th of 9,483), and 3,579th of 5,337 in construction. In 2024, employees put in $5.49 for every $1.00 the employer contributed; active participation has grown from 164 to 307 since 2022.

Plan summary
Net assets, end of year$7,082,755
Participants with balances200
Active participants307
Employer contributions$87,005
Employee contributions$477,574
Employer contribution per active participant$283
Average account balance$35,414
Benefits paid to participants$500,177
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON GREMAUX & ROSSI, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 200 accts · $87K emplr
2023$6.2M · 109 accts · $75K emplr
2022$5.4M · 114 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,816
Total administrative$30,816
The McE Corporation 401(k) match · 2024
Employer contribution per active participant$283
Median for plans this size$1,313
2024$283 per active participant
2023$328 per active participant
2022$368 per active participant

McE Corporation's 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,816
PRIME CAPITAL INVESTMENT ADVISORS, · Investment advisory (plan)indirect 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$30,816 · 0.47%
2023$27,258 · 0.47%
2022$25,792 · 0.45%
All plans at this employer2
MCE CORPORATION 401(K) PLAN401(k)
MCE CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · California
Atlas Mechanical, Inc. CA$7.0M · 0.75%
J.W. Floor Covering, Inc. CA$7.0M · 0.73%
S.C. Anderson, Inc. CA$6.8M · 0.98%
Lonestar Construction CA$6.8M · 1.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952395310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.