Plan Snapshot
- Plan Sponsor: Mclane Group, LP
- Sponsor EIN: 742645320
- Sponsor Address: P.O. BOX 549, TEMPLE, TX, 76503
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 526
- Total Assets: $12.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 526 | $12.2M | $0 | $0 |
| 2024 | 328 | $10.7M | $0 | $1.0M |
| 2023 | 315 | $8.8M | $304,859 | $852,318 |
| 2022 | 296 | $7.7M | $287,021 | $907,322 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | Recordkeeper | $44,770 | — | $44,770 |
| KESTRA ADVISOR SERVICES | Other Service Provider | $29,372 | — | $29,372 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,142
- Estimated Expense Ratio: 0.610% 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 |
|---|---|---|---|---|---|
| 2025 | $1,783,449 | $29,372 | $44,770 | — | — |
| 2024 | $68,341 | $26,920 | $38,286 | — | — |
| 2023 | $61,276 | $22,421 | $8,154 | — | — |
| 2022 | $62,838 | — | $62,838 | — | — |