# Mcdonough Corporation 401(k) Plan
Source: https://planprovider.pro/companies/mcdonough-corporation-401k-plan

> Mcdonough Corporation&#39;s 401(k) plan: 271 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mcdonough Corporation

- **Sponsor EIN:** 550757366

- **Sponsor Address:** 21050 NORTH PIMA ROAD, SCOTTSDALE, AZ, 85255

- **Plan Type:** 401(k)

- **Total Participants:** 271

- **Total Assets:** $43.2M

## 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|271|$43.2M|$1.4M|$1.3M|

| 2023|291|$40.7M|$1.3M|$1.3M|

| 2022|301|$33.6M|$1.2M|$1.1M|

## 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|

| EMPOWER ANNUITY INSURANCE COMPANY|RECORDKEEPER|$40,144|—|$40,144|

| NOVA 401(K) ASSOCIATES|CONTRACT ADMIN|$13,754|—|$13,754|

| CBIZ CPAS P.C.|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $53,898

- **Estimated Expense Ratio:** 0.125% 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|$53,034|$37,630|$15,404|—|—|

| 2023|$52,295|$10,609|$41,686|—|—|

| 2022|$91,362|—|$91,362|—|—|

## Similar Plans

- [Ports America](https://planprovider.pro/companies/ports-america-plan) — 91 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/mcdonough-corporation-401k-plan)

&copy; 2026 PlanProvider.Pro
