Plan Snapshot
- Plan Sponsor: Mcguff Company, INC.
- Sponsor EIN: 953797134
- Sponsor Address: 3524 W LAKE CENTER DRIVE, SANTA ANA, CA, 92704
- Plan Type: 401(k)
- Total Participants: 91
- Total Assets: $10.9M
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 | 91 | $10.9M | $137,885 | $584,218 |
| 2023 | 91 | $8.8M | $137,877 | $504,057 |
| 2022 | 112 | $8.8M | $147,807 | $676,233 |
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 |
|---|---|---|---|---|
| BURHAN GIBSON | FINACIAL ADVISOR | $33,787 | — | $33,787 |
| WRIGHT FORD YOUNG & CO | AUDITOR | $13,340 | — | $13,340 |
| HICKS PENSION SERVICES | TPA | $12,439 | — | $12,439 |
| LINCOLN NATIONAL CORPORATION | RECORDKEEPER | $12,439 | — | $12,439 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WRIGHT FORD YOUNG & CO — AUDITOR
- LINCOLN NATIONAL CORPORATION — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,005
- Estimated Expense Ratio: 0.662% 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 | $70,408 | — | — | — | — |
| 2023 | $28,040 | $5,817 | $4,200 | $12,500 | — |
| 2022 | $14,455 | — | — | — | $14,455 |