Plan Ledger DOL Form 5500 · updated monthly

Mmc CorpESOP

MMC CORP EMPLOYEE STOCK OWNERSHIP PLAN · OVERLAND PARK, KS · plan year 2024

Employer contribution per participant · 2024
$22,327

Mmc Corp's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $261,812,962 across 794 participant accounts, with employer contributions averaging $22,327 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.007%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 27th-largest of 828 plans among Kansas employers on file, and the 256th of 5,337 in construction.

Plan summary
Net assets, end of year$261,812,962
Participants with balances794
Active participants682
Employer contributions$15,226,702
Employee contributions—
Employer contribution per active participant$22,327
Average account balance$329,739
Benefits paid to participants$26,785,579
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$261.8M · 794 accts · $15.2M emplr
2023$239.9M · 1,069 accts · $11.4M emplr
2022$224.1M · 1,112 accts · $10.7M emplr
Employer contributions to the Mmc Corp plan · 2024
Employer contribution per active participant$22,327
Median for plans this size$4,294
2024$22,327 per active participant
2023$19,832 per active participant
2022$15,109 per active participant

Mmc Corp's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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.

Administrative cost history3
2024Not separately reported
2023$16,400 · 0.01%
2022$16,144 · 0.01%
All plans at this employer2
MMC CORP 401K PROFIT SHARING PLAN401(k)
MMC CORP EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Kansas
Flatiron Construction Corp. CO$261.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363740049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.