Plan Snapshot
- Plan Sponsor: Mcpherson Concrete Products, INC.
- Sponsor EIN: 480987996
- Sponsor Address: 300 N. HWY. 81 BYPASS, MCPHERSON, KS, 67460
- Plan Type: 401(k)
- Total Participants: 157
- Total Assets: $11.6M
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 | 157 | $11.6M | $501,703 | $656,270 |
| 2023 | 114 | $9.8M | $441,154 | $590,125 |
| 2022 | 114 | $9.2M | $426,494 | $547,043 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $38,920 | — | $38,920 |
| PREFERRED PENSION SOLUTIONS | TPA | $7,646 | — | $7,646 |
| REGIER, CARR & MONROE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- REGIER, CARR & MONROE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,566
- Estimated Expense Ratio: 0.401% 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 | $40,095 | — | $40,095 | — | — |
| 2023 | $42,993 | — | $42,993 | — | — |
| 2022 | $42,187 | — | $42,187 | — | — |