Plan Snapshot
- Plan Sponsor: Mcconnell & Jones LLP
- Sponsor EIN: 760488832
- Sponsor Address: 4828 LOOP CENTRAL DRIVE, HOUSTON, TX, 77081
- Plan Type: 401(k)
- Total Participants: 177
- Total Assets: $14.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 177 | $14.7M | $504,199 | $1.1M |
| 2023 | 158 | $12.2M | $474,458 | $1.0M |
| 2022 | 128 | $9.9M | $408,978 | $903,304 |
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 |
|---|---|---|---|---|
| DAVID P. CHANEY, CPA, P.C. | Auditor | $9,000 | — | $9,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,000
- Estimated Expense Ratio: 0.061% 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 | $57,081 | $18,500 | — | $9,000 | — |
| 2023 | $49,220 | $18,500 | — | $9,000 | — |
| 2022 | $52,035 | — | — | — | — |