Plan Ledger DOL Form 5500 · updated monthly

McIc Vermont, LLC401(k)

MCIC VERMONT, LLC 401(K) RETIREMENT PLAN · BURLINGTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

McIc Vermont, LLC reported $1,210 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,179 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 fell from 0.03% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 67th-largest of 230 plans among Vermont employers on file, and 2,469th of 4,798 in finance & insurance. In 2024, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,833,476
Participants with balances133
Active participants84
Employer contributions$1,107,062
Employee contributions$1,257,111
Employer contribution per active participant$13,179
Average account balance$216,793
Benefits paid to participants$3,191,721
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 133 accts · $1.1M emplr
2023$26.2M · 139 accts · $1.0M emplr
2022$23.1M · 139 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,210
Total administrative$1,210
The McIc Vermont, LLC 401(k) match · 2024
Employer contribution per active participant$13,179
Median for plans this size$2,416
2024$13,179 per active participant
2023$11,427 per active participant
2022$11,578 per active participant

McIc Vermont, LLC'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 · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$1,210

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,210 · 0.00%
2023$1,645 · 0.01%
2022$6,795 · 0.03%
Similar plansFinance & Insurance · Vermont
Community National Bank VT$44.4M · 0.01%
Richards, Inc. VT$36.8M · 0.07%
Union Bank VT$36.3M · 0.18%
Passumpsic Savings Bank VT$25.7M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463784706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.