MCN Build 401(k) match, vesting and fees
What MCN Build's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Global Retirement Partners | Schedule C ↗ |
| Independent auditor | Baker Tilly US, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| MCN Build: employer contribution per participant | $5,265 | |
| Peer median | $2,411 |
| MCN Build: average balance | $90,099 | |
| Peer median | $61,921 |
| MCN Build: admin expenses ÷ assets | 0.42% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $8.3M at the end of plan year 2021 to $14.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 174 | $14.8M | $863K | $5,265 | 0.42% | Not published | Form 5500 ↗ |
| 2023 | 159 | $11.2M | $655K | $4,485 | 0.44% | Not published | Form 5500 ↗ |
| 2022 | 136 | $7.8M | $523K | $4,057 | 0.46% | Not published | 5500-SF ↗ |
| 2021 | 120 | $8.3M | $398K | $3,464 | 0.46% | Not published | 5500-SF ↗ |
Common questions
Does MCN Build match 401(k) contributions?
The match terms for the Mcn Build, Inc 401k Profit Sharing Plan Trust have not been published from its filing yet. The plan year 2024 filing reports $863K in employer contributions, about $5,265 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the MCN Build 401(k) match vested?
The vesting schedule for the Mcn Build, Inc 401k Profit Sharing Plan Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the MCN Build 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Global Retirement Partners. The plan administrator is Mcn Build, Inc..
I left MCN Build. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mcn Build, Inc., (202) 531-1866) or the recordkeeper, Global Retirement Partners. The MCN Build old 401(k) page lists the contacts from every plan filing. Find an old MCN Build 401(k)
Data from the public Form 5500 annual reports MCN Build filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with MCN Build. Not financial advice. Report a correction · Methodology