Plan Ledger DOL Form 5500 · updated monthly

McKenney's, Inc.401(k)

MCKENNEY'S, INC. AND AFFILIATED COMPANIES PROFIT SHARING AND 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

McKenney's, Inc. reported $149,237 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,304 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 0.09% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 235th-largest of 2,160 plans among Georgia employers on file, and the 499th of 5,337 in construction. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 1,493 to 1,764 since 2022.

Plan summary
Net assets, end of year$129,320,568
Participants with balances1,066
Active participants1,764
Employer contributions$4,064,831
Employee contributions$6,101,756
Employer contribution per active participant$2,304
Average account balance$121,314
Benefits paid to participants$4,322,645
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$129.3M · 1,066 accts · $4.1M emplr
2023$104.9M · 1,012 accts · $6.2M emplr
2022$89.1M · 801 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,098
Investment management$97,139
Total administrative$149,237
The McKenney's, Inc. 401(k) match · 2024
Employer contribution per active participant$2,304
Median for plans this size$3,635
2024$2,304 per active participant
2023$3,808 per active participant
2022$2,040 per active participant

McKenney's, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
VOYA INSTITUTIONAL PLAN SERVICES, L · Loan processing$102,457
MORGAN STANLEY · Investment advisory (plan)$87,783
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$30,757

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$149,237 · 0.13%
2023$58,582 · 0.06%
2022$86,988 · 0.09%
Same employer
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Beazer Homes USA, Inc. GA$188.4M · 0.13%
The Wrench Group GA$137.1M · 1.17%
Ashton Woods USA, LLC. GA$118.4M · 0.12%
Ppc Retirement Plan GA$98.7M · 0.25%
Ibew Local 508 Pension Fund GA$83.2M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580501197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.