Mckim & Creed, Inc. Employee Stock Ownership Plan — Form 5500 plan (Mckim & Creed, 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, Mckim & Creed, Inc. Employee Stock Ownership Plan is a benefit plan reported by Mckim & Creed, Inc under EIN 56-2136769 and plan number 002. The latest loaded filing year is 2023. The filing reports 972 participants and $83,891,949 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$65.8MPlan net assets, end of year$65,805,202
Participants972Covered participants reported
Assets / participant$86.3KComputed: assets ÷ participants$86,309 (computed)
Provider compensation$5.9K1 Schedule C provider row(s)$5,940
- Plan sponsor
- Mckim & Creed, Inc
- EIN
- 56-2136769
- Plan number
- 002
- Plan type
- 2
- Location
- Raleigh, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 972 | H, C | 20240919081324NAL0009993232001 |
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)$83.9M total assets
Net assets$65.8MLiabilities$18.1M
Full reported line items
Net assets
- Total assets (EOY)
- $83,891,949
- Total liabilities (EOY)
- $18,086,747
- Net assets (EOY)
- $65,805,202
- Net assets (BOY)
- $59,830,514
Income & contributions
- Employer contributions
- $5,023,153
- Total contributions
- $5,023,153
- Total income / additions
- $13,872,691
Expenses & distributions
- Benefits paid
- $7,226,355
- Administrative expenses
- $6,319
- Total expenses
- $7,898,003
- Net increase / (decrease)
- $5,974,688
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.
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income52%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Usi Consulting Group | CONTRACT ADMIN | $5,940 | not reported in the loaded dataset | 2023 |