Plan Snapshot
- Plan Sponsor: Mclaughlin Body Company
- Sponsor EIN: 361458020
- Sponsor Address: 2430 RIVER DRIVE, MOLINE, IL, 61265
- Plan Type: DB
- Total Participants: 37
- Total Assets: $19.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 37 | $19.4M | $0 | $0 |
| 2023 | 42 | $20.2M | $587,493 | $0 |
| 2022 | 49 | $18.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| PRINCIPAL FINANCIAL GROUP | NONE | $26,819 | — | $26,819 |
| USI CONSULTING GROUP, INC. | NONE | $16,750 | — | $16,750 |
| BT&CO., P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BT&CO., P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,569
- Estimated Expense Ratio: 0.224% 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 | $180,420 | — | — | — | — |
| 2023 | $326,550 | — | — | — | — |
| 2022 | $310,609 | — | — | — | $39,529 |