Plan Ledger DOL Form 5500 · updated monthly

McLean Affiliates, Inc.401(k)

THE MCLEAN RETIREMENT PLAN · SIMSBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

McLean Affiliates, Inc. reported $33,924 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,193 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 fell from 0.16% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 370th-largest of 1,106 plans among Connecticut employers on file, and the 2,403rd of 11,911 in health care & social assistance. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,411,856
Participants with balances387
Active participants227
Employer contributions$951,789
Employee contributions$1,111,831
Employer contribution per active participant$4,193
Average account balance$94,087
Benefits paid to participants$4,917,820
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.4M · 387 accts · $952K emplr
2023$35.5M · 415 accts · $967K emplr
2022$32.1M · 392 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,863
Investment management$22,500
Audit (IQPA)$6,561
Total administrative$33,924
The McLean Affiliates, Inc. 401(k) match · 2024
Employer contribution per active participant$4,193
Median for plans this size$2,416
2024$4,193 per active participant
2023$4,583 per active participant
2022$4,417 per active participant

McLean Affiliates, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$4,863
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$22,500
BAKER TILLY US LLP · Accounting / audit$6,561
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$33,924 · 0.09%
2023$50,010 · 0.15%
2022$49,550 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Prime Healthcare, PC CT$41.4M · 0.19%
Visionary Eye Care Partners CT$38.2M · 0.02%
Americares Foundation, Inc. CT$36.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261960246 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.