Maclellan Integrated Services 401(k) Review & Grade
Maclellan Integrated Services Retirement Plan
Lexington, KYOther Services1,080 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,603Employer $ per active participant
$2,271Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$24.1MNet plan assets, end of year
$18,276Average balance per account
Score breakdown
- Employer generosity30.7 / 5061th percentile for employer $ per participant
- Low cost8.3 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving6.7 / 1545th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 61th |
| Lower admin cost | 33th |
| Employee saving | 45th |
| Peers that auto-enroll | 40% |
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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
- Maclellan Integrated Services put in about $1,603 per active participant, more than the typical peer ($1,257). 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.
- Direct plan expenses (0.37% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $1,730,902 |
| Participant (employee) contributions | $2,452,336 |
| Other contributions (incl. rollovers in) | $375,920 |
| Administrative expenses paid from the plan | $82,144 |
| Investment advisory & management fees | $8,292 |
| Other admin expenses | $52,027 |
| Benefits paid out | $3,960,336 |
| Net assets, start / end of year | $20.3M / $24.1M |
| Active participants, start / end of year | 1,093 / 1,067 |
| Participants with account balances | 1,317 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cherry Bekaert LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $73,852 reported compensation |
| Strategic Advisors, Inc. | $8,292 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010142205NAL0004325075001, received 2025-10-10, EIN 38-2510037, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.