Plan Snapshot
- Plan Sponsor: Mcnational, INC.
- Sponsor EIN: 311235314
- Sponsor Address: PO BOX 534, SOUTH POINT, OH, 456800534
- Plan Type: 401(k)
- Total Participants: 757
- Total Assets: $21.8M
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 | 757 | $21.8M | $633,313 | $1.6M |
| 2023 | 804 | $21.4M | $577,318 | $1.5M |
| 2022 | 621 | $18.4M | $232,530 | $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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS | SERVICE PROVIDER | — | $43,005 | $43,005 |
| VOYA INSURANCE AND ANNUITY CO | INVESTMENT ADVISORY | $14,366 | — | $14,366 |
| CBIZ BENEFITS AND INSURANCE | THIRD PARTY ADMINISTRATO | — | $10,556 | $10,556 |
| KELLEY GALLOWAY SMITH GOOLSBY, PSC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS — SERVICE PROVIDER
- KELLEY GALLOWAY SMITH GOOLSBY, PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,927
- Estimated Expense Ratio: 0.311% 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 | $28,707 | $19,407 | $6,700 | — | — |
| 2023 | $29,910 | $18,895 | $5,975 | — | — |
| 2022 | $27,715 | — | $27,715 | — | — |