Mcdonald Hopkins LLC Profit Sharing Plan — Form 5500 plan (Mcdonald Hopkins LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Mcdonald Hopkins LLC Profit Sharing Plan is a benefit plan reported by Mcdonald Hopkins LLC under EIN 34-1059058 and plan number 003. The latest loaded filing year is 2023. The filing reports 398 participants and $125,260,407 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$125.3MPlan net assets, end of year$125,260,407
Participants398Covered participants reported
Assets / participant$314.7KComputed: assets ÷ participants$314,725 (computed)
Provider compensation$194.8K3 Schedule C provider row(s)$194,829
- Plan sponsor
- Mcdonald Hopkins LLC
- EIN
- 34-1059058
- Plan number
- 003
- Plan type
- 2
- Location
- Cleveland, OH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 398 | H, C | 20250422093609NAL0004168929001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$125.3M total assets
Net assets$125.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $125,260,407
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $125,260,407
- Net assets (BOY)
- $100,505,738
Income & contributions
- Employer contributions
- $3,323,352
- Participant contributions
- $3,364,518
- Total contributions
- $7,569,847
- Total income / additions
- $33,147,912
Expenses & distributions
- Benefits paid
- $8,198,414
- Administrative expenses
- $194,829
- Total expenses
- $8,393,243
- Net increase / (decrease)
- $24,754,669
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
50%50%
Employer 50%Participant 50%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income25%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ancora Retirement Plan Advisors, In | ADVISOR | $133,442 | not reported in the loaded dataset | 2023 |
| Newport Group, Inc. | RECORDKEEPER | $54,262 | $0 | 2023 |
| Newport Trust Company | TRUSTEE | $7,125 | $0 | 2023 |