McNaughton-McKay Electric 401(k) match, vesting and fees
What McNaughton-McKay Electric'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 | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Independent auditor | Groen, Kluka & Company, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 348 defined-contribution plans in wholesale trade with 1,000 to 4,999 participants.
| McNaughton-McKay Electric: employer contribution per participant | $6,895 | |
| Peer median | $2,066 |
| McNaughton-McKay Electric: average balance | $110,039 | |
| Peer median | $77,876 |
| McNaughton-McKay Electric: admin expenses ÷ assets | <0.01% | |
| Peer median | 0.14% |
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 $145M at the end of plan year 2021 to $165M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,838 | $165M | $10.4M | $6,895 | <0.01% | Not published | Form 5500 ↗ |
| 2023 | 2,060 | $149M | $9.9M | $5,894 | 0.01% | Not published | Form 5500 ↗ |
| 2022 | 1,912 | $127M | $8.4M | $5,461 | 0.04% | Not published | Form 5500 ↗ |
| 2021 | 1,675 | $145M | $6.8M | $4,846 | 0.05% | Not published | Form 5500 ↗ |
Other McNaughton-McKay Electric plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan
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.
| Independent auditor | Groen Kluka & Company P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Mcnaughton-Mckay Elec Co Employee'S Ret. Plan
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.
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does McNaughton-McKay Electric match 401(k) contributions?
The match terms for the Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $10.4M in employer contributions, about $6,895 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the McNaughton-McKay Electric 401(k) match vested?
The vesting schedule for the Mcnaughton Mckay Electric Co. 401(k) & Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the McNaughton-McKay Electric 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch, Pierce, Fenner and S. The plan administrator is Mcnaughton Mckay Electric Company.
I left McNaughton-McKay Electric. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mcnaughton Mckay Electric Company, (248) 399-7500) or the recordkeeper, Merrill Lynch, Pierce, Fenner and S. The McNaughton-McKay Electric old 401(k) page lists the contacts from every plan filing. Find an old McNaughton-McKay Electric 401(k)
Data from the public Form 5500 annual reports McNaughton-McKay Electric 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 McNaughton-McKay Electric. Not financial advice. Report a correction · Methodology