Plan Ledger DOL Form 5500 · updated monthly

McGeorge Contracting Co., Inc.401(k)

MCGEORGE CONTRACTING CO., INC. RETIREMENT SAVINGS PLAN · PINE BLUFF, AR · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

McGeorge Contracting Co., Inc. reported $89,800 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $9,273 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 0.03% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 45th-largest of 456 plans among Arkansas employers on file, and the 115th of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.86 for every $1.00 employees contributed themselves; active participation has grown from 440 to 532 since 2022.

Plan summary
Net assets, end of year$95,613,727
Participants with balances791
Active participants532
Employer contributions$4,933,069
Employee contributions$2,645,455
Employer contribution per active participant$9,273
Average account balance$120,877
Benefits paid to participants$9,309,273
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$95.6M · 791 accts · $4.9M emplr
2023$87.8M · 762 accts · $4.3M emplr
2022$76.2M · 690 accts · $4.0M emplr
The McGeorge Contracting Co., Inc. 401(k) match · 2024
Employer contribution per active participant$9,273
Median for plans this size$3,635
2024$9,273 per active participant
2023$9,075 per active participant
2022$9,033 per active participant

McGeorge Contracting Co., Inc.'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 · 20245
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$4,043
HOGAN TAYLOR, LLP$4,024
FRIDAY ELDREDGE AND CLARK LLP$460
MORNINGSTAR · 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$89,800 · 0.10%
2023$23,239 · 0.03%
2022$22,242 · 0.03%
Same employer
Similar plansMining, Oil & Gas Extraction · Arkansas
Citation Oil & Gas Corp. TX$99.9M · 0.22%
Key Energy Services, Inc. TX$99.9M · 0.17%
Parker Drilling Company TX$96.5M · 0.07%
Kodiak Gas Services, LLC TX$94.0M · 0.14%
Mrc Energy Company TX$92.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710207991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.