Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Mcrae Industries
Mcrae Industries 401(k)
- Manufacturing
- Mt. Gilead, NC
- EIN 56-0706710
- 1 plan with Schedule H financials
- Plan year 2024
- Mcrae Industries, Inc.
- SEC registrant Mcrae Industries Inc
Administrative expenses excluding investment management, per participant · The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan · plan year 2024
$135.80
Higher than 56% of the 24,371 plans $10 to 50M that report it.
Source
= $48,617 / 358
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260513132315NAL0015377250001, received 2026-05-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260513132315NAL0015377250001, received 2026-05-13
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 2024-08-01 to 2025-07-31, filing received 2026-05-13.
Cost and contributions
Administrative expenses per participant
$167.48
Higher than 43% of the 25,098 plans $10 to 50M that report it.
Source
= $59,957 / 358
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260513132315NAL0015377250001, received 2026-05-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260513132315NAL0015377250001, received 2026-05-13
Administrative expenses as a share of assets
0.262%
Higher than 45% of the 25,132 plans $10 to 50M that report it.
Source
= $59,957 / $22,860,814
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260513132315NAL0015377250001, received 2026-05-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260513132315NAL0015377250001, received 2026-05-13
Employer contributions per participant
$1,696
Higher than 39% of the 24,050 plans $10 to 50M that report it.
Source
= $607,094 / 358
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260513132315NAL0015377250001, received 2026-05-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260513132315NAL0015377250001, received 2026-05-13
Employer share of total contributions
39.9%
Higher than 84% of the 24,084 plans $10 to 50M that report it.
Source
= $607,094 / $1,523,242
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260513132315NAL0015377250001, received 2026-05-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260513132315NAL0015377250001, received 2026-05-13
Plan terms, as stated in Mcrae Industries, Inc.'s SEC filings
Plan terms are described in Mcrae Industries, Inc.'s SEC filings: Form 10-K filed 2005-10-28. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2S pre-approved plan document · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20260513132315NAL0015377250001, received 2026-05-13
Full record, The Mcrae Industries, Inc. Employee Stock Ownership and Savings Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MCRAE INDUSTRIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Plan name | THE MCRAE INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Sponsor EIN / plan number | 56-0706710 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Sponsor location | MT. GILEAD, NC | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Industry (business code) | 339900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Plan year | 2024-08-01 to 2025-07-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Filing received | 2026-05-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Participants, beginning of year | 502 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Active participants | 407 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Participants, end of year | 447 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Participants with an account balance | 358 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Total assets, beginning of year | $21,944,490 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Total assets, end of year | $22,860,814 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Net assets, end of year | $22,754,082 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Total income | $3,590,118 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Net income | $923,632 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Employer contributions | $607,094 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Participant contributions | $914,055 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Other contributions (incl. rollovers) | $2,093 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Total contributions | $1,523,242 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Benefit payments | $2,488,273 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Total expenses (incl. benefit payments) | $2,666,486 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Total administrative expenses | $59,957 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Contract administrator fees | $48,617 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Investment advisory and management fees | $11,340 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Administrative expenses excluding investment management | $48,617 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Held in mutual funds | $15,750,996 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20260513132315NAL0015377250001, received 2026-05-13 |
| Independent auditor | GRANT THORNTON, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20260513132315NAL0015377250001, received 2026-05-13 |
Position = column in the DOL layout for form year 2024. Filing 20260513132315NAL0015377250001, received 2026-05-13.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PCS RETIREMENT, LLCrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 15 Recordkeeping and information management; 16 Consulting (general); 17 Consulting (pension); 36 Copying and duplicating; 37 Participant loan processing; 38 Participant communication; 64 Recordkeeping fees | $48,617 | no |
| FIDELITY BANK-TRUST COMPANY OF NORT | INVESTMENT MANAGER | 27 Investment advisory (plan) | $26,852 | no |
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 20260513132315NAL0015377250001, received 2026-05-13.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $21,944,490 | $22,860,814 | 4.2% |
| Participants with a balance | 395 | 358 | -9.4% |
| Administrative expenses | $63,883 | $59,957 | -6.1% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $407,463 | $607,094 | 49.0% |
Prior filing 20250513103526NAL0013295347001, received 2025-05-13; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: MCRAE INDUSTRIES, INC.; SEC registrant: MCRAE INDUSTRIES INC (CIK 729284, matched by EIN).