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Company:
McLean Contracting Company
Plan:
McLean Contracting Company Retirement and Stock Ownership Plan
 

McLean Contracting Company

70 Plan:

 
 
70
33
62
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (70) and the top rated plan (87) could equate to:
[How is this calculated?]
10 additional years of work
Up to $59,300 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

McLean Contracting Company Retirement and Stock Ownership Plan is a defined contribution plan with a profit-sharing component, stock bonus component, and ESOP component. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Company Generosity and Total Plan Cost. McLean Contracting Company Retirement and Stock Ownership Plan currently has over 700 active participants and over $16.6M in plan assets.

 

 Retirement Plan Details

Address 6700 Mclean Way
Glen Burnie, MD 21060-6418 
Industry Highway, Street, and Bridge Construction
Administrator Randy Shrake
Net Plan Assets $16,600,000
Total Participants 710
Avg Account Balance $26,000

 Top 3 Funds in this 401k

1. McLean Contracting Company Common Stock 91%
2. Vanguard Institutional Index 3%
3. MTB Intermediate-Term Bond 2%

  Plan Service Providers

Corporate Trustee M&T Bank
Auditor Harrison, Fields & Company LLC

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