Macdonald-Miller Facility Solutions, LLC 401(k) Review & Grade
Macdonald-Miller Facility Solutions, LLC 401(k) Plan
Seatac, WAConstruction526 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,135Employer $ per active participant
$13,176Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$123.8MNet plan assets, end of year
$174,611Average balance per account
Score breakdown
- Employer generosity44.3 / 5089th percentile for employer $ per participant
- Low cost14.9 / 2560th percentile for low admin cost vs. same-size plans
- Employee saving14.9 / 15100th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score84 / 100 · Grade A
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 60th |
| Employee saving | 100th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Macdonald-Miller Facility Solutions put in about $5,135 per active participant, more than the typical peer ($1,672). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,703,340 |
| Participant (employee) contributions | $6,937,264 |
| Other contributions (incl. rollovers in) | $416,113 |
| Administrative expenses paid from the plan | $193,663 |
| Investment advisory & management fees | $85,642 |
| Benefits paid out | $8,997,826 |
| Net assets, start / end of year | $105.6M / $123.8M |
| Active participants, start / end of year | 530 / 523 |
| Participants with account balances | 709 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| RBC Wealth Management | $85,642 reported compensation |
| Nwps | $57,563 reported compensation |
| Charles Schwab Bank | $26,308 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250826185209NAL0015615808001, received 2025-08-26, EIN 68-0533726, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.