Plan Snapshot
- Plan Sponsor: Mclean Contracting Company
- Sponsor EIN: 520409895
- Sponsor Address: 6700 MCLEAN WAY, GLEN BURNIE, MD, 21060
- Plan Type: 401(k)
- Total Participants: 397
- Total Assets: $17.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 397 | $17.8M | $0 | $1.9M |
| 2023 | 282 | $14.7M | $0 | $1.3M |
| 2022 | 282 | $12.9M | $0 | $1.3M |
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 |
|---|---|---|---|---|
| JPMORGAN INVEST HOLDINGS LLC | RECORDKEEPER | $56,662 | — | $56,662 |
| HARBOR INVESTMENT ADVISORY LLC | INVESTMENT ADVISOR | $24,175 | — | $24,175 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,837
- Estimated Expense Ratio: 0.453% 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 | $80,837 | $24,175 | — | — | — |
| 2023 | $70,921 | $25,666 | — | — | — |
| 2022 | $53,308 | — | $53,308 | — | — |