Plan Snapshot
- Plan Sponsor: Mcginnis Lochridge LLP
- Sponsor EIN: 741196349
- Sponsor Address: 1111 W. 6TH ST, AUSTIN, TX, 78703
- Plan Type: DC
- Total Participants: 137
- Total Assets: $64.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 137 | $64.6M | $1.9M | $1.7M |
| 2023 | 127 | $57.9M | $2.0M | $1.5M |
| 2022 | 128 | $49.7M | $1.9M | $1.5M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $70,800 | — | $70,800 |
| B&T CAPITAL MANAGEMENT INCORPO | NONE | $34,369 | — | $34,369 |
| TERRY MCDANIEL & COMPANY | NONE | $26,272 | — | $26,272 |
| HIGHTOWER ADVISORS LLC | NONE | $8,730 | — | $8,730 |
| CROWE LLP | NONE | $7,875 | — | $7,875 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $148,046
- Estimated Expense Ratio: 0.229% 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 | $148,046 | $70,205 | — | $7,875 | — |
| 2023 | $133,462 | $50,698 | $18,900 | — | — |
| 2022 | $121,362 | $52,823 | — | — | — |