Plan Snapshot
- Plan Sponsor: Mcnaughton Mckay Electric Company
- Sponsor EIN: 380812640
- Sponsor Address: 1357 E. LINCOLN AVENUE, MADISON HEIGHTS, MI, 48071
- Plan Type: DC
- Total Participants: 1,604
- Total Assets: $165.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 1,604 | $165.5M | $10.4M | $7.0M |
| 2023 | 1,840 | $148.8M | $9.9M | $6.6M |
| 2022 | 1,699 | $127.2M | $8.4M | $6.2M |
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 |
|---|---|---|---|---|
| GROEN, KLUKA & COMPANY, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GROEN, KLUKA & COMPANY, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $2,595 | — | — | — | — |
| 2023 | $15,400 | — | — | — | — |
| 2022 | $56,243 | — | — | — | — |