Plan Ledger DOL Form 5500 · updated monthly

McGuff Company Inc 401(K) Profit Sharing Plan401(k)

MCGUFF COMPANY, INC. 401(K) PROFIT SHARING PLAN · SANTA ANA, CA · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

McGuff Company Inc 401(K) Profit Sharing Plan reported $70,408 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,515 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 0.15% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,228th of 9,483), and 8,415th of 13,661 in manufacturing. In 2024, employees put in $4.24 for every $1.00 the employer contributed; active participation has shrunk from 112 to 91 since 2022.

Plan summary
Net assets, end of year$10,873,240
Participants with balances156
Active participants91
Employer contributions$137,885
Employee contributions$584,218
Employer contribution per active participant$1,515
Average account balance$69,700
Benefits paid to participants$218,606
Plan auditUnmodified (clean) audit opinion
AuditorWRIGHT FORD YOUNG AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 156 accts · $138K emplr
2023$8.8M · 137 accts · $138K emplr
2022$8.8M · 167 accts · $148K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,209
Total administrative$70,408
The McGuff Company Inc 401(K) Profit Sharing Plan 401(k) match · 2024
Employer contribution per active participant$1,515
Median for plans this size$1,313
2024$1,515 per active participant
2023$1,515 per active participant
2022$1,320 per active participant

McGuff Company Inc 401(K) Profit Sharing Plan'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 · 20245
LINCOLN NATIONAL CORPORATION · Recordkeeping$12,439
HICKS PENSION SERVICES · Recordkeeping$12,439
BENEFIT EQUITY, INC · Recordkeeping$1,233
BURHAN GIBSON · Investment advisory (participants) · Investment advisory (plan)$33,787
WRIGHT FORD YOUNG & CO · Accounting / audit$13,340

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

Recordkeeper by year2
2024BENEFIT EQUITY, INC, HICKS PENSION SERVICES, Lincoln Financial
2023BENEFIT EQUITY, INC, Lincoln Financial

This plan has changed recordkeepers within these filings. If you left McGuff Company Inc 401(K) Profit Sharing Plan before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$70,408 · 0.72%
2023$28,040 · 0.32%
2022$14,455 · 0.15%
Similar plansManufacturing · California
Xmotors.Ai Inc. CA$10.9M · 0.11%
Eko Devices Inc. CA$10.9M · 0.12%
Domaine Carneros LTD CA$10.8M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953797134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.