Plan Ledger DOL Form 5500 · updated monthly

United McGill Corporation401(k)

UNITED MCGILL CORPORATION PAY DEFERRAL PLAN & TRUST · GROVEPORT, OH · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

United McGill Corporation reported $84,117 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,137 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 0.26% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 959th-largest of 3,295 plans among Ohio employers on file, and the 4,418th of 13,661 in manufacturing. In 2024, employees put in $3.77 for every $1.00 the employer contributed; active participation has grown from 108 to 132 since 2022.

Plan summary
Net assets, end of year$30,666,531
Participants with balances138
Active participants132
Employer contributions$150,100
Employee contributions$565,468
Employer contribution per active participant$1,137
Average account balance$222,221
Benefits paid to participants$4,293,686
Plan auditUnmodified (clean) audit opinion
AuditorHILL, BARTH & KING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$30.7M · 138 accts · $150K emplr
2023$30.1M · 144 accts · $147K emplr
2022$26.7M · 146 accts · $147K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,864
Investment management$50,253
Audit (IQPA)$15,000
Total administrative$84,117
The United McGill Corporation 401(k) match · 2024
Employer contribution per active participant$1,137
Median for plans this size$2,416
2024$1,137 per active participant
2023$1,305 per active participant
2022$1,362 per active participant

United McGill Corporation's 2024 employer contribution ran below the $2,416 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 · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$18,864
EVERHART ADVISORS · Investment advisory (plan)$50,253
HILL, BARTH & KING LLC · Accounting / audit$15,000

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$84,117 · 0.28%
2023$79,528 · 0.28%
2022$80,202 · 0.26%
Same employer
Similar plansManufacturing · Ohio
Gatesair, Inc. OH$31.7M · 0.19%
Pressco Technology Inc. OH$31.4M · 0.11%
Cincinnati Copiers, Inc. OH$30.8M · 0.41%
Sur-Seal, LLC OH$30.5M · 0.20%
Pax Machine Works, Inc. OH$29.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314399894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.