Plan Snapshot
- Plan Sponsor: Mcclymonds Supply & Transit Company, INC.
- Sponsor EIN: 251437635
- Sponsor Address: P.O. BOX 296, CURRIE ROAD, PORTERSVILLE, PA, 160510296
- Plan Type: 401(k)
- Total Participants: 454
- Total Assets: $37.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 454 | $37.3M | $1.4M | $1.5M |
| 2023 | 469 | $34.3M | $1.4M | $1.5M |
| 2022 | 456 | $29.4M | $1.2M | $1.3M |
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 |
|---|---|---|---|---|
| R.D. HOAG & ASSOCIATES, LLC | Auditor | $13,930 | — | $13,930 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,930
- Estimated Expense Ratio: 0.037% of plan assets
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 | $164,549 | $114,957 | — | $13,930 | — |
| 2023 | $158,941 | $99,006 | — | $14,867 | — |
| 2022 | $168,601 | $89,100 | — | — | $79,501 |