Plan Snapshot
- Plan Sponsor: Mcclain Farms, INC.
- Sponsor EIN: 710514807
- Sponsor Address: 1050 GIRDLEY ST, WEST PLAINS, MO, 65775
- Plan Type: 401(k)
- Total Participants: 88
- Total Assets: $2.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 88 | $2.2M | $50,475 | $236,731 |
| 2023 | 111 | $1.9M | $50,822 | $215,240 |
| 2022 | 115 | $1.6M | $34,838 | $241,578 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WELCH, COUCH & COMPANY, PA | Independent Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WELCH, COUCH & COMPANY, PA — Independent Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | — | — | — | — | — |
| 2023 | $1,786 | $1,786 | — | — | — |
| 2022 | $1,604 | $1,604 | — | — | — |