Plan Ledger DOL Form 5500 · updated monthly

The McShane Companies401(k)

THE MCSHANE COMPANIES 401(K) AND PROFIT SHARING PLAN · ROSEMONT, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

The McShane Companies reported $14,850 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,118 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 0.00% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 781st-largest of 3,702 plans among Illinois employers on file, and the 897th of 5,337 in construction. In 2024, employees put in $10.14 for every $1.00 the employer contributed; active participation has shrunk from 393 to 304 since 2022.

Plan summary
Net assets, end of year$62,172,853
Participants with balances504
Active participants304
Employer contributions$339,930
Employee contributions$3,446,164
Employer contribution per active participant$1,118
Average account balance$123,359
Benefits paid to participants$3,990,715
Plan auditUnmodified (clean) audit opinion
AuditorWARADY & DAVIS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$62.2M · 504 accts · $340K emplr
2023$56.7M · 538 accts · $349K emplr
2022$50.2M · 566 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,850
Audit (IQPA)$13,000
Total administrative$14,850
The The McShane Companies 401(k) match · 2024
Employer contribution per active participant$1,118
Median for plans this size$3,635
2024$1,118 per active participant
2023$958 per active participant
2022$2,738 per active participant

The McShane Companies's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
WARADY & DAVIS LLP · Accounting / audit$13,000

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,850 · 0.02%
2023$950 · 0.00%
2022$300 · 0.00%
Similar plansConstruction · Illinois
Rathje Enterprises, Inc. IL$76.1M · 0.25%
Korte Construction Company IL$61.0M · 0.14%
Roadsafe Traffic Systems IL$59.5M · 0.50%
Leopardo Companies, Inc. IL$54.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363312803 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.