Plan Ledger DOL Form 5500 · updated monthly

McGee Company401(k)

MCGEE COMPANY 401(K) PROFIT SHARING PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

McGee Company reported $63,213 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $6,946 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 rose from 0.38% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 611th-largest of 1,461 plans among Colorado employers on file, and 2,252nd of 4,246 in wholesale trade. In 2024, the employer put in $1.49 for every $1.00 employees contributed themselves; active participation has grown from 109 to 129 since 2022.

Plan summary
Net assets, end of year$16,186,104
Participants with balances183
Active participants129
Employer contributions$896,081
Employee contributions$600,716
Employer contribution per active participant$6,946
Average account balance$88,449
Benefits paid to participants$713,931
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 183 accts · $896K emplr
2023$13.6M · 159 accts · $840K emplr
2022$11.6M · 128 accts · $809K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,161
Investment management$48,052
Total administrative$63,213
The McGee Company 401(k) match · 2024
Employer contribution per active participant$6,946
Median for plans this size$2,416
2024$6,946 per active participant
2023$6,414 per active participant
2022$7,420 per active participant

McGee Company's 2024 employer contribution ran above the $2,416 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$22,912
ASSUREDPARTNERS CAPITAL INC DBA ASS · Investment advisory (plan)$13,600
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$11,540

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$63,213 · 0.43%
2023$46,684 · 0.37%
2022$47,122 · 0.38%
Similar plansWholesale Trade · Colorado
Envirotech Services, Inc. CO$18.0M · 0.27%
Miller International, Inc. CO$16.8M · 0.05%
Winn-Marion Barber, LLC CO$14.9M · 0.43%
Forney Industries, Inc. CO$14.0M · 0.51%
Kong Company, LLC CO$13.9M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840457707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.