Plan Ledger DOL Form 5500 · updated monthly

McNaughton & Gunn, Inc.401(k)

MCNAUGHTON & GUNN, INC. 401(K) PLAN · SALINE, MI · plan year 2022

Reported admin expense ratio · 2022
0.51%

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

McNaughton & Gunn, Inc. reported $75,232 in plan administrative expenses for 2022: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $321 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,392nd of 2,619), and 7,963rd of 13,661 in manufacturing. In 2022, employees put in $10.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,213,936
Participants with balances155
Active participants121
Employer contributions$38,810
Employee contributions$419,525
Employer contribution per active participant$321
Average account balance$78,800
Benefits paid to participants$2,496,357
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$12.2M · 155 accts · $39K emplr
Administrative expenses, itemized · 2022
Investment management$41,651
Professional / advisory$33,581
Total administrative$75,232
The McNaughton & Gunn, Inc. 401(k) match · 2022
Employer contribution per active participant$321
Median for plans this size$2,266

McNaughton & Gunn, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$75,232 · 0.51%
Same employer
Similar plansManufacturing · Michigan
Rtdcorp Inc. MI$12.4M · 0.54%
Display Pack, Inc. MI$12.3M · 0.46%
Active Manufacturing, Corp. MI$12.2M · 0.47%
Huron, Inc. MI$12.2M · 0.34%
Besse Forest Products, Inc. MI$12.2M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382080789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.