Plan Ledger DOL Form 5500 · updated monthly

McM Cpas & Advisors LLP401(k)

MCM CPAS & ADVISORS LLP 401(K) PLAN · LOUISVILLE, KY · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

McM Cpas & Advisors LLP reported $24,536 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,464 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 1 year on file its reported administrative ratio rose from 0.04% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 131st-largest of 871 plans among Kentucky employers on file, and the 2,597th of 11,654 in professional & technical services. In 2022, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,044,439
Participants with balances468
Active participants313
Employer contributions$1,084,204
Employee contributions$2,741,843
Employer contribution per active participant$3,464
Average account balance$115,480
Benefits paid to participants$3,886,823
Plan auditUnmodified (clean) audit opinion
AuditorRINEY HANCOCK CPAS PSC
Plan history2
Yearassets · accounts · employer contribution
2023$3.8M · 92 accts · $614K emplr
2022$54.0M · 468 accts · $1.1M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,428
Professional / advisory$9,108
Total administrative$24,536
The McM Cpas & Advisors LLP 401(k) match · 2022
Employer contribution per active participant$3,464
Median for plans this size$3,449

McM Cpas & Advisors LLP's 2022 employer contribution ran above the $3,449 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 history2
2023$101,864 · 0.35%
2022$24,536 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Kentucky
Centric Consulting, LLC KY$118.0M · 0.09%
Pomeroy Technologies LLC KY$110.7M · 0.15%
Alpine Intel, LLC KY$49.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271235638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.