Plan Ledger DOL Form 5500 · updated monthly

McKinney Properties, Inc.401(k)

MCKINNEY PROPERTIES, INC. RETIREMENT PLAN · WILKINSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

McKinney Properties, Inc. reported $27,391 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,396 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 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Pennsylvania (2,143rd of 3,651), and the 1,018th of 2,096 in real estate & leasing. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 91 to 101 since 2022.

Plan summary
Net assets, end of year$11,578,570
Participants with balances144
Active participants101
Employer contributions$241,962
Employee contributions$431,193
Employer contribution per active participant$2,396
Average account balance$80,407
Benefits paid to participants$590,897
Plan auditUnmodified (clean) audit opinion
AuditorSTELMACK, DOBRANSKY & EANNACE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 144 accts · $242K emplr
2023$9.8M · 144 accts · $212K emplr
2022$7.4M · 124 accts · $189K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,150
Investment management$25,241
Total administrative$27,391
The McKinney Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$2,396
Median for plans this size$2,416
2024$2,396 per active participant
2023$1,986 per active participant
2022$2,081 per active participant

McKinney Properties, Inc.'s 2024 employer contribution ran below 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
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$25,241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,150

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$27,391 · 0.26%
2023$21,474 · 0.25%
2022$21,642 · 0.27%
Similar plansReal Estate & Leasing · Pennsylvania
Nappen & Associates PA$12.2M · 0.51%
Gmh Associates, Inc. PA$12.0M · 0.79%
The Buncher Company PA$11.7M · 0.00%
Dons Appliances LTD PA$9.1M · 0.83%
Mlp Ventures Group PA$9.0M · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650312345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.