Plan Ledger DOL Form 5500 · updated monthly

McNelly Services, Inc.401(k)

MCNELLY SERVICES, 401(K) PLAN · LAKE ZURICH, IL · plan year 2025

Reported admin expense ratio · 2025
1.10%

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

McNelly Services, Inc. reported $74,676 in plan administrative expenses for 2025: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,280 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 4 years on file its reported administrative ratio has held roughly steady near 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Illinois (2,641st of 3,702), and the 1,168th of 2,534 in administrative & support services. In 2025, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 126 to 143 since 2022.

Plan summary
Net assets, end of year$7,684,213
Participants with balances133
Active participants143
Employer contributions$326,011
Employee contributions$612,875
Employer contribution per active participant$2,280
Average account balance$57,776
Benefits paid to participants$297,487
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$7.7M · 133 accts · $326K emplr
2024$5.9M · 120 accts · $276K emplr
2023$4.5M · 110 accts · $248K emplr
2022$3.3M · 110 accts · $171K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$74,676
Total administrative$74,676
The McNelly Services, Inc. 401(k) match · 2025
Employer contribution per active participant$2,280
Median for plans this size$1,464
2025$2,280 per active participant
2024$1,968 per active participant
2023$1,783 per active participant
2022$1,358 per active participant

McNelly Services, Inc.'s 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$74,676
RAYMOND JAMES FIN SVCS ADVISORS · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025$74,676 · 1.10%
2024$59,090 · 1.13%
2023$42,885 · 1.09%
2022$36,787 · 1.06%
Same employer
Similar plansAdministrative & Support Services · Illinois
Vonachen Group, Inc. IL$8.6M · 0.16%
Gdi Services Inc. IL$7.8M · 0.88%
A.S.G Staffing, Inc. IL$7.8M · 0.36%
Homer Management LLC IL$7.4M · 0.42%
Returns R US IL$6.9M · 0.68%
Bearing Tree, Inc. IL$6.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363799397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.