Plan Ledger DOL Form 5500 · updated monthly

McI USA Operating Co401(k)

MCI USA 401(K) SAVINGS PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

McI USA Operating Co reported $109,411 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,508 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 3 years on file its reported administrative ratio has held roughly steady near 0.339%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 657th-largest of 2,266 plans among Virginia employers on file, and the 3,712th of 11,654 in professional & technical services. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has grown from 315 to 357 since 2022.

Plan summary
Net assets, end of year$34,690,645
Participants with balances484
Active participants357
Employer contributions$895,219
Employee contributions$2,313,646
Employer contribution per active participant$2,508
Average account balance$71,675
Benefits paid to participants$3,644,414
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.7M · 484 accts · $895K emplr
2023$29.8M · 474 accts · $773K emplr
2022$25.2M · 447 accts · $659K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,487
Investment management$47,924
Total administrative$109,411
The McI USA Operating Co 401(k) match · 2024
Employer contribution per active participant$2,508
Median for plans this size$2,416
2024$2,508 per active participant
2023$2,314 per active participant
2022$2,094 per active participant

McI USA Operating Co's 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$61,487
RBC WEALTH MANAGEMENT · Investment advisory (plan)$47,924

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$109,411 · 0.34%
2023$90,039 · 0.33%
2022$92,513 · 0.34%
Same employer
Similar plansProfessional & Technical Services · Virginia
Trace Systems Inc. VA$35.0M · 0.38%
RG5 LLC VA$34.7M · 0.31%
Hantzmon Wiebel LLP VA$34.5M · 0.24%
Kihomac, Inc. VA$34.4M · 0.10%
Obxtek, Inc. VA$34.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541522582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.