Mcgee Brothers Co., INC. 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Mcgee Brothers Co., INC.
  • Sponsor EIN: 561146621
  • Sponsor Address: 4608 CARRIKER ROAD, MONROE, NC, 28110
  • Plan Type: 401(k)
  • Total Participants: 574
  • Total Assets: $32.6M

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
2024574$32.6M$155,700$1.3M
2023546$28.9M$192,708$1.0M
2022539$24.3M$150,900$882,432

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
T ROWE PRICE RPS INCNONE$33,360$33,360
LPL FINANCIALNONE$27,892$27,892
CAMBRIDGE INVESTMENT RESEARCHNONE$8,151$8,151
MCCANNON, ROGERS, DRISCOLL & ASSOCAuditor$0

Plan Fees & Expenses

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

  • Total Service Provider Fees: $69,403
  • Estimated Expense Ratio: 0.213% 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$69,402
2023$59,919$16,060
2022$60,067$33,636

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