Mcnaughton-Mckay Elec Co Employee'S Ret. Plan — Form 5500 plan (Mcnaughton-Mckay Electric Company)
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, Mcnaughton-Mckay Elec Co Employee'S Ret. Plan is a benefit plan reported by Mcnaughton-Mckay Electric Company under EIN 38-0812640 and plan number 001. The latest loaded filing year is 2023. The filing reports 460 participants and $360,004 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$360KPlan net assets, end of year$360,004
Participants460Covered participants reported
Assets / participant$783Computed: assets ÷ participants$783 (computed)
Provider compensation$84.8K1 Schedule C provider row(s)$84,795
- Plan sponsor
- Mcnaughton-Mckay Electric Company
- EIN
- 38-0812640
- Plan number
- 001
- Plan type
- 2
- Location
- Madison Heights, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 460 | H, C | 20250718083016NAL0000645219001 |
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)$360K total assets
Net assets$360KLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $360,004
- Net assets (EOY)
- $360,004
- Net assets (BOY)
- $20,810,957
Income & contributions
- Employer contributions
- $4,845,248
- Total contributions
- $4,845,248
- Total income / additions
- $5,653,302
Expenses & distributions
- Benefits paid
- $26,017,958
- Administrative expenses
- $86,297
- Total expenses
- $26,104,255
- Net increase / (decrease)
- -$20,450,953
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.
Total expenses ÷ net assets7251%Computed ratio
Benefits paid ÷ total income460%Computed ratio
Provider comp. ÷ net assets24%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch | INVESTMENT MANAGEMENT | $64,999 | $19,796 | 2023 |