Plan Ledger DOL Form 5500 · updated monthly

McGard LLC401(k)

L . D. MCCAULEY/MCGARD RETIREMENT PLAN · ORCHARD PARK, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

McGard LLC reported $45,368 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $1,633 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 0.14% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,221st-largest of 5,648 plans among New York employers on file, and the 694th of 4,246 in wholesale trade. In 2024, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,862,752
Participants with balances675
Active participants638
Employer contributions$1,041,542
Employee contributions$2,338,282
Employer contribution per active participant$1,633
Average account balance$87,204
Benefits paid to participants$5,436,082
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$58.9M · 675 accts · $1.0M emplr
2023$53.3M · 673 accts · $1.0M emplr
2022$48.2M · 692 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,368
Total administrative$45,368
The McGard LLC 401(k) match · 2024
Employer contribution per active participant$1,633
Median for plans this size$3,635
2024$1,633 per active participant
2023$1,698 per active participant
2022$1,538 per active participant

McGard LLC'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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$45,368

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$45,368 · 0.08%
2023$67,642 · 0.13%
2022$74,066 · 0.14%
Same employer
Similar plansWholesale Trade · New York
Darby Dental Supply, LLC NY$65.2M · 0.05%
Transcat, Inc. NY$60.5M · 0.02%
Shake-N-Go Fashion, Inc. NY$59.9M · 0.22%
Gbg USA Inc. NY$59.7M · 0.41%
Trammo, Inc NY$57.1M · 0.01%
Kiss Nail Products, Inc. NY$56.7M · 0.40%
Sid Harvey Industries, Inc. NY$49.0M · 0.02%
Empire Merchants North, LLC NY$48.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202374195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.