Plan Ledger DOL Form 5500 · updated monthly

McLendon Enterprises, Inc.401(k)

MCLENDON ENTERPRISES, INC. 401(K) PROFIT SHARING · VIDALIA, GA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

McLendon Enterprises, Inc. reported $400 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,360 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Georgia (1,580th of 2,160), and 3,890th of 5,337 in construction. In 2022, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,449,729
Participants with balances68
Active participants115
Employer contributions$156,446
Employee contributions$255,376
Employer contribution per active participant$1,360
Average account balance$80,143
Benefits paid to participants$846,455
Plan auditUnmodified (clean) audit opinion
AuditorDRAFFIN & TUCKER, LLP
The McLendon Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$1,360
Median for plans this size$1,114

McLendon Enterprises, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$400 · 0.01%
Same employer
Similar plansConstruction · Georgia
Sei Group, LLC GA$5.0M · 0.75%
U-Tec Construction, Inc. GA$5.0M · 1.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 581364233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.