Plan Ledger DOL Form 5500 · updated monthly

McLane Express, Inc.401(k)

THE C. D. HARTNETT COMPANY EMPLOYEES PROFIT SHARING PLAN · WEATHERFORD, TX · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

McLane Express, Inc. reported $54,238 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,772 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 0.88% to 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (3,902nd of 5,688), and 3,557th of 4,246 in wholesale trade. In 2024, the employer put in $4.43 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,628,311
Participants with balances171
Active participants127
Employer contributions$225,000
Employee contributions$50,770
Employer contribution per active participant$1,772
Average account balance$32,914
Benefits paid to participants$565,785
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 171 accts · $225K emplr
2023$5.3M · 162 accts · $300K emplr
2022$5.0M · 148 accts · $300K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,027
Investment management$24,711
Audit (IQPA)$10,500
Total administrative$54,238
The McLane Express, Inc. 401(k) match · 2024
Employer contribution per active participant$1,772
Median for plans this size$1,313
2024$1,772 per active participant
2023$2,308 per active participant
2022$2,222 per active participant

McLane Express, Inc.'s 2024 employer contribution ran above the $1,313 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
FUTUREPLAN BY ASCENSUS · Contract administrator · Recordkeeping$11,698
FROST BANK FEES · Trustee · Recordkeeping$7,209
LUTHER KING CAPITAL MANAGEMENT · Investment advisory (plan)$24,711
WEAVER & TIDWELL · Accounting / audit$10,500

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

Recordkeeper by year2
2024Ascensus, FROST BANK FEES
2023Ascensus, FROST BANK FEES

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

Administrative cost history3
2024$54,238 · 0.99%
2023$51,394 · 0.99%
2022$51,676 · 0.88%
Same employer
Similar plansWholesale Trade · Texas
Cohn & Gregory Supply LLC TX$5.9M · 0.47%
Staton Holdings, Inc. TX$5.2M · 0.59%
Primary Arms, LLC TX$5.2M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201441131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.