Plan Ledger DOL Form 5500 · updated monthly

McKissack & McKissack of Washing401(k)

MCKISSACK & MCKISSACK 401(K) RETIREMENT PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

McKissack & McKissack of Washing reported $34,294 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,846 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 has held roughly steady near 0.238%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in District of Columbia (375th of 618), and 6,429th of 11,654 in professional & technical services. In 2023, employees put in $2.61 for every $1.00 the employer contributed; active participation has grown from 107 to 121 since 2022.

Plan summary
Net assets, end of year$15,640,746
Participants with balances162
Active participants121
Employer contributions$344,315
Employee contributions$899,886
Employer contribution per active participant$2,846
Average account balance$96,548
Benefits paid to participants$1,907,059
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $278K emplr
2023$15.6M · 162 accts · $344K emplr
2022$13.2M · 165 accts · $327K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,294
Investment management$28,000
Total administrative$34,294
The McKissack & McKissack of Washing 401(k) match · 2023
Employer contribution per active participant$2,846
Median for plans this size$2,440
2023$2,846 per active participant
2022$3,055 per active participant

McKissack & McKissack of Washing's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$28,000
ADP, INC. · Loan processing · Recordkeeping$6,293
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, Morgan Stanley
2023ADP, Morgan Stanley

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$34,294 · 0.24%
2022$36,778 · 0.24%
Similar plansProfessional & Technical Services · District of Columbia
Psb Insights, LLC DC$16.3M · 0.46%
The Avascent Group, LTD. DC$15.9M · 0.40%
The Kellen Company DC$14.4M · 0.43%
Computercraft Corporation DC$13.8M · 0.52%
Summit Consulting,Llc DC$13.2M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521712916 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.