Plan Ledger DOL Form 5500 · updated monthly

McP Services, Inc.401(k)

MCP SERVICES, INC. 401(K) PROFIT SHARING PLAN · CORONA, CA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

McP Services, Inc. reported $76,268 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,075 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 2 years on file its reported administrative ratio rose from 0.33% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 3,386th-largest of 9,483 plans among California employers on file, and the 567th of 2,534 in administrative & support services. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 314 to 361 since 2022.

Plan summary
Net assets, end of year$22,109,600
Participants with balances407
Active participants361
Employer contributions$1,110,133
Employee contributions$1,436,334
Employer contribution per active participant$3,075
Average account balance$54,323
Benefits paid to participants$1,266,495
Plan auditUnmodified (clean) audit opinion
AuditorRIVERA JAMJIAN & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 407 accts · $1.1M emplr
2023$18.7M · 430 accts · $450K emplr
2022$17.5M · 312 accts · $687K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,268
Total administrative$76,268
The McP Services, Inc. 401(k) match · 2024
Employer contribution per active participant$3,075
Median for plans this size$2,416
2024$3,075 per active participant
2023$1,184 per active participant
2022$2,186 per active participant

McP Services, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$60,402
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$15,167
ASCENSUS · Recordkeeping · Loan processing$700
SNOWDEN ACCOUNT SERVICES, INC · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left McP Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$76,268 · 0.37%
2023$68,942 · 0.38%
2022$62,015 · 0.33%
Similar plansAdministrative & Support Services · California
Amawaterways, LLC CA$22.8M · 0.01%
Uscb, Inc. CA$22.6M · 0.00%
Trusted Health, Inc. CA$21.3M · 0.29%
R.H. Peterson Co. CA$21.2M · 0.02%
Judy Madrigal & Associates CA$21.1M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900915746 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.