Plan Snapshot
- Plan Sponsor: Mckinley Companies, LLC
- Sponsor EIN: 812633205
- Sponsor Address: 320 N. MAIN STREET, ANN ARBOR, MI, 48104
- Plan Type: 401(k)
- Total Participants: 506
- Total Assets: $23.5M
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 | 506 | $23.5M | $246,307 | $2.1M |
| 2023 | 362 | $20.3M | $205,731 | $1.9M |
| 2022 | 325 | $17.4M | $205,200 | $1.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $58,248 | — | $58,248 |
| BANK OF ANN ARBOR | ADVISOR | $40,984 | — | $40,984 |
| EDWARDS ELLIS STANLEY ARMSTRONG & C | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,232
- Estimated Expense Ratio: 0.422% 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 | $99,232 | $40,984 | — | — | — |
| 2023 | $84,189 | $35,315 | — | — | — |
| 2022 | $94,081 | — | — | — | — |