Department of Labor filing

MCRAE INDUSTRIES, INC.

THE MCRAE INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN · For the plan year ended Jul 31, 2025

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Public filing 2024 · received May 13, 2026Verified current terms Not available

Plan at a glance

How good does the filing look?

45filing comparison
out of 100

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

$Employer support

$1,492

Reported employer contributions per active participant.

Higher than about 37% of comparable plans

#People in the filing

407

Active participants reported for 2024.

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

¢Visible plan-paid fees

$119 / participant

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

Lower cost than about 63% of comparable plans

↗Investment performance

Not available

Plan assets changed 4.2%, 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 · 202445out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions37th percentileTypical peer $1,943 · based on 715 comparable plans

Lower reported administrative expense63rd percentileTypical peer $160 · based on 736 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 Jul 31, 2025, MCRAE INDUSTRIES, INC. reported $607,094 in employer contributions across the plan and 407 active participants. That works out to $1,492 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 proxy91%

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 trendUp 85.7%

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

Expense trendDown 14.9%

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

Peer context45/100

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: $607,094
Participant contributions: $914,055
Other contributions: $2,093
Employer share of reported contributions: 39.9%
Beginning assets: $21,944,490
Ending assets: $22,860,814
Ending net assets: $22,754,082
Ending liabilities: $106,732
Total income: $3,590,118
Total expenses: $2,666,486
Administrative expenses: $59,957
Participant loans: $174,616

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

$803

2023

$886

2024

$1,492

Plan-paid administrative expenses per participant

2022

$140

2023

$122

2024

$119

Active participants

2022

459

2023

460

2024

407

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,492	407	22.9M	20260513132315NAL0015377250001
2023	$886	460	21.9M	20250513103526NAL0013295347001
2022	$803	459	20.1M	20240502135259NAL0046867602001

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: 0.8%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 560706710-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1996
Industry: Industry group 339
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2H2J2K2O2S3D3H

Current plan terms

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Filing ACK_ID20260513132315NAL0015377250001

Data sourceDOL Form 5500 bulk data ↗

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