Plan Snapshot
- Plan Sponsor: Mcgee Corporation
- Sponsor EIN: 560505320
- Sponsor Address: 12100 STALLINGS COMMERCE DRIVE, MATTHEWS, NC, 28105
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 172
- Total Assets: $10.1M
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. |
|---|---|---|---|---|
| 2025 | 172 | $10.1M | $0 | $0 |
| 2024 | 159 | $8.2M | $350,175 | $607,248 |
| 2023 | 130 | $8.2M | $278,220 | $533,739 |
| 2022 | 110 | $6.4M | $92,569 | $362,421 |
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 |
|---|---|---|---|---|
| MELISSA G. CRITCHER, CPA, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2025 | $403,926 | — | — | — | — |
| 2024 | $27,323 | — | — | — | — |
| 2023 | $44,449 | $44,449 | — | — | — |
| 2022 | $44,684 | $44,684 | — | — | — |