Plan Snapshot
- Plan Sponsor: Mccoy Group, INC.
- Sponsor EIN: 391428371
- Sponsor Address: 2099 SOUTHPARK COURT, DUBUQUE, IA, 520038095
- Plan Type: 401(k)
- Total Participants: 4,021
- Total Assets: $266.7M
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 | 4,021 | $266.7M | $5.8M | $24.2M |
| 2023 | 3,943 | $230.6M | $5.2M | $22.3M |
| 2022 | 3,702 | $189.0M | $5.0M | $20.5M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $537,823 | $8,328 | $546,151 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISORY | — | $38,500 | $38,500 |
| WELLTH ADVISORY SERVICES, LLC | INVESTMENT ADVISORY | — | $27,500 | $27,500 |
| RSM US LLP | ACCOUNTANT | — | $18,500 | $18,500 |
| LPL FINANCIAL LLC | OTHER SERVICES | — | $18,041 | $18,041 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — INVESTMENT ADVISORY
- RSM US LLP — ACCOUNTANT
- LPL FINANCIAL LLC — OTHER SERVICES
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $648,692
- Estimated Expense Ratio: 0.243% 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 | $537,823 | — | $537,823 | — | — |
| 2023 | $450,044 | — | $450,044 | — | — |
| 2022 | $414,654 | — | $414,654 | — | — |