Employers › Knox McLaughlin Gornall & Sennett
Recordkeeping fees per participant · Knox Mclaughlin Gornall & Sennett, P.C. 401(k) Profit Sharing Plan · plan year 2024
$153.01
Higher than 78% of the 14,075 plans $10 to 50M that report it.
= $18,055 / 118
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251028164916NAL0007140193001, received 2025-10-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251028164916NAL0007140193001, received 2025-10-28
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-28.
Administrative expenses excluding investment management, per participant
$153.01
Higher than 62% of the 24,371 plans $10 to 50M that report it.
= $18,055 / 118
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251028164916NAL0007140193001, received 2025-10-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251028164916NAL0007140193001, received 2025-10-28
Administrative expenses per participant
$783.90
Higher than 99% of the 25,098 plans $10 to 50M that report it.
= $92,500 / 118
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251028164916NAL0007140193001, received 2025-10-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251028164916NAL0007140193001, received 2025-10-28
Administrative expenses as a share of assets
0.221%
Higher than 38% of the 25,132 plans $10 to 50M that report it.
= $92,500 / $41,894,407
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251028164916NAL0007140193001, received 2025-10-28
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251028164916NAL0007140193001, received 2025-10-28
Employer contributions per participant
$7,514
Higher than 97% of the 24,050 plans $10 to 50M that report it.
= $886,616 / 118
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251028164916NAL0007140193001, received 2025-10-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251028164916NAL0007140193001, received 2025-10-28
Employer share of total contributions
61.8%
Higher than 98% of the 24,084 plans $10 to 50M that report it.
= $886,616 / $1,435,597
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251028164916NAL0007140193001, received 2025-10-28
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251028164916NAL0007140193001, received 2025-10-28
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251028164916NAL0007140193001, received 2025-10-28
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KNOX MCLAUGHLIN GORNALL & SENNETT, P.C. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Plan name | KNOX MCLAUGHLIN GORNALL & SENNETT, P.C. 401(K) PROFIT SHARING PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Sponsor EIN / plan number | 25-1215503 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Sponsor location | ERIE, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Industry (business code) | 541110, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Filing received | 2025-10-28 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Participants, beginning of year | 118 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Active participants | 87 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Participants, end of year | 121 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Participants with an account balance | 118 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Total assets, beginning of year | $35,819,722 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Total assets, end of year | $41,894,407 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Net assets, end of year | $41,894,407 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Total income | $6,683,890 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Net income | $6,074,685 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Employer contributions | $886,616 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Participant contributions | $548,981 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Total contributions | $1,435,597 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Benefit payments | $516,705 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Total expenses (incl. benefit payments) | $609,205 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Total administrative expenses | $92,500 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Recordkeeping fees | $18,055 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Investment advisory and management fees | $74,445 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Administrative expenses excluding investment management | $18,055 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Held in common/collective trusts | $1,422,311 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Held in mutual funds | $27,369,806 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251028164916NAL0007140193001, received 2025-10-28 |
| Independent auditor | MCGILL, POWER,BELL& ASSSOCIATES,LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251028164916NAL0007140193001, received 2025-10-28 |
Position = column in the DOL layout for form year 2024. Filing 20251028164916NAL0007140193001, received 2025-10-28.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PNC ADVISORS | NONE | 28 Investment management; 50 Direct payment from the plan | $40,625 | no |
| SCHWAB RETIREMENT PLAN SERVICES,INCrecordkeeper | NONE | 15 Recordkeeping and information management; 26 Investment advisory (participants); 50 Direct payment from the plan; 64 Recordkeeping fees | $26,082 | no |
| HBK SORCE ADVISORY LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $25,793 | no |
| CHARLES SCHWAB & CO., INC. | NONE | 33 Securities brokerage; 50 Direct payment from the plan; 62 Float revenue; 71 Securities brokerage commissions and fees; 59 Shareholder servicing fees | $248 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251028164916NAL0007140193001, received 2025-10-28.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $35,819,722 | $41,894,407 | 17.0% |
| Participants with a balance | 117 | 118 | 0.9% |
| Administrative expenses | $62,081 | $92,500 | 49.0% |
| Recordkeeping fees per participant | $114.85 | $153.01 | 33.2% |
| Employer contributions | $807,039 | $886,616 | 9.9% |
Prior filing 20241011075746NAL0010714099001, received 2024-10-11; the plan years are contiguous.
Sponsor name as filed: KNOX MCLAUGHLIN GORNALL & SENNETT, P.C.; SEC registrant: Knox McLaughlin Gornall & Sennett, P.C. (CIK 1316375, matched by EIN).