Plan Ledger DOL Form 5500 · updated monthly

McM Products USA Inc.401(k)

MCM PRODUCTS USA 401(K) PLAN · SECAUCUS, NJ · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

McM Products USA Inc. reported $2,349 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,566 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 0.05% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,948th of 2,419), and 3,750th of 4,246 in wholesale trade. In 2023, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,263,244
Participants with balances88
Active participants146
Employer contributions$228,658
Employee contributions$454,551
Employer contribution per active participant$1,566
Average account balance$48,446
Benefits paid to participants$807,979
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.3M · 88 accts · $229K emplr
2022$3.7M · 100 accts · $245K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,349
Total administrative$2,349
The McM Products USA Inc. 401(k) match · 2023
Employer contribution per active participant$1,566
Median for plans this size$1,308
2023$1,566 per active participant
2022$1,278 per active participant

McM Products USA Inc.'s 2023 employer contribution ran above the $1,308 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 · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$2,348
EQUITY SERVICES, INC. · Other servicesindirect comp

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

Administrative cost history2
2023$2,349 · 0.06%
2022$1,735 · 0.05%
Similar plansWholesale Trade · New Jersey
Exp Group LLC NJ$4.4M · 0.78%
Riviera Produce Corp. NJ$3.9M · 0.83%
Nu-World Corporation NJ$3.8M · 0.81%
Reliance Vitamin, LLC NJ$3.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208955131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.