Plan Ledger DOL Form 5500 · updated monthly

The McKissack Group, Inc. D/B/A401(k)

MCKISSACK & MCKISSACK 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

The McKissack Group, Inc. D/B/A reported $42,961 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $1,919 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 0.39% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,776th of 5,648), and 8,358th of 11,654 in professional & technical services. In 2024, employees put in $4.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,913,708
Participants with balances129
Active participants124
Employer contributions$238,006
Employee contributions$1,000,832
Employer contribution per active participant$1,919
Average account balance$69,099
Benefits paid to participants$1,550,681
Plan auditDisclaimer of opinion
AuditorJTGOLDSTEIN
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 129 accts · $238K emplr
2023$8.5M · 120 accts · $226K emplr
2022$6.9M · 119 accts · $224K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,961
Total administrative$42,961
The The McKissack Group, Inc. D/B/A 401(k) match · 2024
Employer contribution per active participant$1,919
Median for plans this size$1,313
2024$1,919 per active participant
2023$1,614 per active participant
2022$1,754 per active participant

The McKissack Group, Inc. D/B/A's 2024 employer contribution ran above the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$42,961
UBS FINANCIAL SERVICES INC · 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 history3
2024$42,961 · 0.49%
2023$37,578 · 0.49%
2022$27,965 · 0.39%
Same employer
Similar plansProfessional & Technical Services · New York
Valon Technologies, Inc. NY$9.0M · 0.23%
Cellectis Biologics, Inc. NY$9.0M · 0.35%
Bright Power, Inc. NY$8.9M · 0.01%
Air Industries Group NY$8.9M · 0.46%
Quartile, LLC NY$8.8M · 0.46%
Greenslate LLC NY$8.8M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133615183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.