Plan Snapshot
- Plan Sponsor: The Mcgregor Foundation
- Sponsor EIN: 340714356
- Sponsor Address: 14900 PRIVATE DRIVE EAST, CLEVELAND, OH, 44112
- Plan Type: 401(k)
- Total Participants: 521
- Total Assets: $8.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 521 | $8.2M | $244,468 | $862,691 |
| 2023 | 434 | $6.2M | $224,993 | $708,522 |
| 2022 | 476 | $5.5M | $218,921 | $656,383 |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY, LLC | Auditor | — | — | $0 |
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 | $63,572 | — | — | — | — |
| 2023 | $55,118 | — | — | — | — |
| 2022 | $57,662 | — | — | — | — |