Mcclure Engineering Co. Retirement Plan — Form 5500 plan (Mcclure Engineering Co.)
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, Mcclure Engineering Co. Retirement Plan is a benefit plan reported by Mcclure Engineering Co. under EIN 42-0982931 and plan number 001. The latest loaded filing year is 2023. The filing reports 301 participants and $25,367,697 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$25.4MPlan net assets, end of year$25,367,697
Participants301Covered participants reported
Assets / participant$84.3KComputed: assets ÷ participants$84,278 (computed)
Provider compensation$125.6K2 Schedule C provider row(s)$125,573
- Plan sponsor
- Mcclure Engineering Co.
- EIN
- 42-0982931
- Plan number
- 001
- Plan type
- 2
- Location
- Clive, IA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 301 | H, C | 20240903140434NAL0010589875001 |
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)$25.4M total assets
Net assets$25.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $25,367,697
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,367,697
- Net assets (BOY)
- $19,621,469
Income & contributions
- Employer contributions
- $681,656
- Participant contributions
- $2,104,893
- Total contributions
- $3,677,210
- Total income / additions
- $7,136,206
Expenses & distributions
- Benefits paid
- $1,305,130
- Administrative expenses
- $84,848
- Total expenses
- $1,389,978
- Net increase / (decrease)
- $5,746,228
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.
24%76%
Employer 24%Participant 76%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income18%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $84,875 | $0 | 2023 |
| Wealth Advisors Of Iowa, LLC | INVESTMENT ADVISORY | $0 | $40,698 | 2023 |