Plan Ledger DOL Form 5500 · updated monthly

McKinney Vehicle Services, Inc.401(k)

MCKINNEY VEHICLE SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRU · BREA, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

McKinney Vehicle Services, Inc. reported $53,020 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,437 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 0.37% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 4,731st-largest of 9,483 plans among California employers on file, and the 974th of 2,677 in transportation & warehousing. In 2024, employees put in $3.63 for every $1.00 the employer contributed; active participation has grown from 254 to 284 since 2022.

Plan summary
Net assets, end of year$13,111,172
Participants with balances311
Active participants284
Employer contributions$408,046
Employee contributions$1,479,942
Employer contribution per active participant$1,437
Average account balance$42,158
Benefits paid to participants$720,039
Plan auditUnmodified (clean) audit opinion
AuditorROSE SNYDER & JACOBS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 311 accts · $408K emplr
2023$10.5M · 293 accts · $397K emplr
2022$8.4M · 276 accts · $370K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,020
Total administrative$53,020
The McKinney Vehicle Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,437
Median for plans this size$2,416
2024$1,437 per active participant
2023$1,511 per active participant
2022$1,456 per active participant

McKinney Vehicle Services, 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 · 20244
HPM PARTNERS, LLC · Recordkeeping · Pension consulting$35,984
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$21,734
ADP, INC. · Loan processing · Recordkeeping$13,294
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, HPM PARTNERS, LLC, Morgan Stanley
2023ADP, Morgan Stanley

This plan has changed recordkeepers within these filings. If you left McKinney Vehicle Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$53,020 · 0.45%
2023$35,091 · 0.37%
2022$31,436 · 0.37%
Same employer
Similar plansTransportation & Warehousing · California
Plastic Express CA$13.6M · 0.33%
Roadone West, Inc. CA$13.0M · 0.73%
Kkw Trucking, Inc. CA$12.9M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911555122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.