Plan Snapshot
- Plan Sponsor: Mclane Group, LP
- Sponsor EIN: 742645320
- Sponsor Address: P.O. BOX 549, TEMPLE, TX, 76503
- Plan Type: 401(k)
- Total Participants: 328
- Total Assets: $10.7M
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. |
|---|---|---|---|---|
| 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 | RECORD-KEEPER | $38,286 | — | $38,286 |
| KESTRA ADVISOR SERVICES | RIA | $26,920 | — | $26,920 |
| JAYNES, REITMEIRER,BOYD & THERRELL | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORD-KEEPER
- KESTRA ADVISOR SERVICES — RIA
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,206
- Estimated Expense Ratio: 0.612% 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 | $68,341 | $26,920 | $38,286 | — | — |
| 2023 | $61,276 | $22,421 | $8,154 | — | — |
| 2022 | $62,838 | — | $62,838 | — | — |