Plan Ledger DOL Form 5500 · updated monthly

McKean Defense Group, Inc.ESOP

MCKEAN DEFENSE GROUP, INC. PROFIT SHARING PLAN · PHILADELPHIA, PA · plan year 2022

Reported admin expense ratio · 2022
0.40%

McKean Defense Group, Inc. reported $57,136 in plan administrative expenses for 2022: 0.40% of average plan assets, above the peer median. 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (1,864th of 3,651), and 6,596th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$14,854,232
Participants with balances756
Active participants536
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$19,648
Benefits paid to participants$21,592
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$14.9M · 756 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,000
Investment management$14,025
Total administrative$57,136
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$57,136 · 0.40%
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Source: U.S. Department of Labor, Form 5500 series, EIN 371756702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.