Plan Ledger DOL Form 5500 · updated monthly

McOffice, LLC401(k)

MCOFFICE LLC TA MCDONALDS 401(K) P/S PLAN · RICHMOND, VA · plan year 2022

Reported admin expense ratio · 2022
1.19%

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

McOffice, LLC reported $25,252 in plan administrative expenses for 2022: 1.19% of average plan assets, higher than ~90% of peers. Employer contributions averaged $270 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 accommodation & food services employers. By assets it is among the smaller plans on file in Virginia (2,051st of 2,266), and 1,344th of 2,240 in accommodation & food services. In 2022, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,342,106
Participants with balances65
Active participants189
Employer contributions$51,025
Employee contributions$120,065
Employer contribution per active participant$270
Average account balance$36,032
Benefits paid to participants$174,609
Plan auditUnmodified (clean) audit opinion
AuditorHARRIS HARDY & JOHNSTONE PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,252
Professional / advisory$11,000
Total administrative$25,252
The McOffice, LLC 401(k) match · 2022
Employer contribution per active participant$270
Median for plans this size$1,114

McOffice, LLC's 2022 employer contribution ran below the $1,114 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 history1
2022$25,252 · 1.19%
Similar plansAccommodation & Food Services · Virginia
Landmark Hotel Group, LLC VA$2.4M · 1.28%
Atlantic Coast Dining Inc VA$2.4M · 0.05%
Rochelle Holding Company VA$2.3M · 0.42%
Catie Food Systems Inc VA$2.2M · 0.19%
Mdt, LLC VA$1.7M · 0.94%
Ncc Ee ,LLC VA$1.5M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200828586 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.