Plan Snapshot
- Plan Sponsor: Mclaughlin Research Corporation
- Sponsor EIN: 131878945
- Sponsor Address: 132 JOHNNYCAKE HILL ROAD, MIDDLETOWN, RI, 02842
- Plan Type: 401(k)
- Total Participants: 496
- Total Assets: $68.3M
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 | 496 | $68.3M | $1.7M | $2.9M |
| 2023 | 465 | $59.4M | $1.4M | $2.7M |
| 2022 | 472 | $50.5M | $1.4M | $2.8M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $70,635 | — | $70,635 |
| FIDUCIENT ADVISORS LLC | INVESTMENT ADVISOR | $38,739 | — | $38,739 |
| CLIFTON LARSON ALLEN | AUDITOR | $14,700 | — | $14,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- CLIFTON LARSON ALLEN — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $124,074
- Estimated Expense Ratio: 0.182% 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 | $124,074 | $38,739 | — | $14,700 | — |
| 2023 | $116,949 | $30,623 | — | $13,025 | — |
| 2022 | $120,836 | $30,321 | — | — | $13,077 |