Plan Ledger DOL Form 5500 · updated monthly

McKeon Rolling Steel Door Co., Inc.401(k)

MCKEON ROLLING STEEL DOOR CO., INC. 401(K) PROFIT SHARING PLAN · BELLPORT, NY · plan year 2022

Employer contribution per participant · 2022
$1,228

McKeon Rolling Steel Door Co., Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,601,155 across 61 participant accounts, with employer contributions averaging $1,228 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (4,998th of 5,648), and 12,509th of 13,661 in manufacturing. In 2022, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,601,155
Participants with balances61
Active participants142
Employer contributions$174,426
Employee contributions$324,840
Employer contribution per active participant$1,228
Average account balance$42,642
Benefits paid to participants$3,527
Plan auditUnmodified (clean) audit opinion
AuditorGETTRY MARCUS CPA, P.C.
The McKeon Rolling Steel Door Co., Inc. 401(k) match · 2022
Employer contribution per active participant$1,228
Median for plans this size$1,114

McKeon Rolling Steel Door Co., Inc.'s 2022 employer contribution ran above the $1,114 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.

Similar plansManufacturing · New York
Weco Manufacturing Group NY$2.7M · 0.35%
Crye American, LLC NY$2.6M · 0.38%
Pioneer Window Mfg. Corp NY$2.6M · 0.39%
Stellar Printing Inc NY$2.5M · 0.87%
Sungrow Albion LLC NY$2.5M · 1.79%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 133384605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.