Mcnaughton Mckay Electric Co. 401(K) & Profit Sharing 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 Electric Co. 401(K) & Profit Sharing Plan is a benefit plan reported by Mcnaughton Mckay Electric Company under EIN 38-0812640 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,912 participants and $148,780,477 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mcnaughton Mckay Electric Company
EIN
38-0812640
Plan number
002
Plan type
2
Location
Madison Heights, MI
Latest filing year
2023
Participants
1,912
End-of-year plan assets
$148,780,477

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,912H, C20241013080244NAL0041987552001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$148,780,477
Total liabilities (EOY)
$0
Net assets (EOY)
$148,780,477
Net assets (BOY)
$127,213,338

Income & contributions

Employer contributions
$9,913,412
Participant contributions
$6,599,260
Total contributions
$19,349,980
Total income / additions
$36,952,013

Expenses & distributions

Benefits paid
$15,369,474
Administrative expenses
$15,400
Total expenses
$15,384,874
Net increase / (decrease)
$21,567,139

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch, Pierce, Fenner And SRECORDKEEPER$24,685$02023

Related Form 5500 pages