Plan Snapshot
- Plan Sponsor: The Mchenry Management Group, INC.
- Sponsor EIN: 900344957
- Sponsor Address: 600 INDEPENDENCE PKWY STE 105, CHESAPEAKE, VA, 233205188
- Plan Type: 401(k)
- Total Participants: 287
- Total Assets: $16.5M
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 | 287 | $16.5M | $516,779 | $2.3M |
| 2023 | 257 | $14.1M | $473,840 | $2.0M |
| 2022 | 241 | $10.7M | $417,800 | $1.7M |
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 |
|---|---|---|---|---|
| CHARLES W. SNADER, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES W. SNADER, 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 | $51,928 | $22,326 | $29,602 | — | — |
| 2023 | $54,098 | $25,929 | $28,169 | — | — |
| 2022 | $50,605 | $24,609 | $25,996 | — | — |