Richard Mcnay, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Richard Mcnay, Inc.)
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, Richard Mcnay, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Richard Mcnay, Inc. under EIN 37-1027643 and plan number 001. The latest loaded filing year is 2023. The filing reports 229 participants and $8,274,093 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Richard Mcnay, Inc.
- EIN
- 37-1027643
- Plan number
- 001
- Plan type
- 2
- Location
- Quincy, IL
- Latest filing year
- 2023
- Participants
- 229
- End-of-year plan assets
- $8,274,093
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 229 | H, C | 20250710165243NAL0006778625001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,274,093
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,274,093
- Net assets (BOY)
- $7,199,137
Income & contributions
- Employer contributions
- $213,193
- Participant contributions
- $512,155
- Total contributions
- $740,840
- Total income / additions
- $2,009,997
Expenses & distributions
- Benefits paid
- $900,180
- Administrative expenses
- $34,861
- Total expenses
- $935,041
- Net increase / (decrease)
- $1,074,956
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Benefit Plans Plus LLC | TPA | $14,713 | $3,652 | 2023 |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $13,122 | $0 | 2023 |
| Ti-Trust, Inc. | TRUSTEE | $12,240 | not reported in the loaded dataset | 2023 |
| Wade Stables P.C. | AUDIT FIRM | $8,650 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $358 | not reported in the loaded dataset | 2023 |
| Ascensus | CONTRACT ADMIN | $0 | $201 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Richard Mcnay, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Quincy, IL
- Benefit Plans Plus LLC — Schedule C compensation
- Empower Annuity Ins Co Of America — Schedule C compensation
- Ti-Trust, Inc. — Schedule C compensation
- Wade Stables P.C. — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Ascensus — Schedule C compensation