Plan Ledger DOL Form 5500 · updated monthly

McGee Holdings, LLC401(k)

MCGEE HOLDINGS, LLC 401(K) PLAN · DRAPER, UT · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

McGee Holdings, LLC reported $2,025 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,109 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Utah (666th of 848), and 4,136th of 5,215 in retail trade. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,731,298
Participants with balances127
Active participants167
Employer contributions$352,231
Employee contributions$670,300
Employer contribution per active participant$2,109
Average account balance$29,380
Benefits paid to participants$202,325
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,025
Total administrative$2,025
The McGee Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$2,109
Median for plans this size$1,313

McGee Holdings, LLC's 2024 employer contribution ran above the $1,313 median for plans its size. 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
ADP, INC. · Loan processing · Recordkeeping$2,025
ADP BROKER-DEALERindirect comp

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

Administrative cost history1
2024$2,025 · 0.07%
Same employer
Similar plansRetail Trade · Utah
Close to My Heart, Inc. UT$4.5M · 0.48%
Downeast Outfitters UT$3.9M · 0.50%
Handi Quilter, Inc. UT$3.9M · 1.19%
National Product Sales UT$2.5M · 0.04%
Low Book Sales UT$2.1M · 0.81%
Parasol Group, Inc. UT$2.1M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841979113 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.