Department of Labor filing

MC PAINTING

MC PAINTING 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 2, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

54filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$1,920

Reported employer contributions per active participant.

Higher than about 49% of comparable plans

#People in the filing

271

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$116 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 68% of comparable plans

↗Investment performance

Not available

Plan assets changed 20.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202454out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions49th percentileTypical peer $1,990 · based on 1,102 comparable plans

Lower reported administrative expense68th percentileTypical peer $185 · based on 1,120 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, MC PAINTING reported $520,352 in employer contributions across the plan and 271 active participants. That works out to $1,920 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy77%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 46.6%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 28.9%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context54/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $520,352
Participant contributions: $312,360
Other contributions: $60,877
Employer share of reported contributions: 62.5%
Beginning assets: $6,335,178
Ending assets: $7,655,405
Ending net assets: $7,655,405
Ending liabilities: $0
Total income: $1,921,742
Total expenses: $601,515
Administrative expenses: $37,326
Participant loans: $316,980

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,595

2023

$1,949

2024

$1,920

Plan-paid administrative expenses per participant

2022

$163

2023

$256

2024

$116

Active participants

2022

203

2023

219

2024

271

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,920	271	7.7M	20251002130255NAL0000316627001
2023	$1,949	219	6.3M	20241015140742NAL0028705009001
2022	$3,595	203	5.5M	20231014135943NAL0023972003001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 4.1%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 330890700-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2009
Industry: Construction
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2A2E2J2K2F2G3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
JOHN HANCOCK LIFE INSURANCE COMPANY	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251002130255NAL0000316627001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗