Plan Snapshot
- Plan Sponsor: Mclaughlin Family Companies, INC.
- Sponsor EIN: 811209462
- Sponsor Address: 101 STATE STREET PO BOX 336, SCRANTON, IA, 51462
- Plan Type: 401(k)
- Total Participants: 691
- Total Assets: $20.1M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 691 | $20.1M | $918,571 | $2.3M |
| 2023 | 569 | $16.0M | $574,808 | $1.8M |
| 2022 | 525 | $12.9M | $442,040 | $1.6M |
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 |
|---|---|---|---|---|
| FISHER ASSET MANAGEMENT LLC FISHER | INVESTMENT ADVISOR | $61,191 | — | $61,191 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $12,699 | — | $12,699 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,890
- Estimated Expense Ratio: 0.367% 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 | $73,890 | $61,191 | — | — | — |
| 2023 | $106,986 | — | $38,535 | — | — |
| 2022 | $88,060 | — | $88,060 | — | — |