MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN

Plan Contact

  • Address: 7302 KANIS ROAD,LITTLE ROCK,AR
  • Contact person: MAX B HICKS
  • Phone: (501) 371-0272

Plan General Information

MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN is $10,935,373.00.This plan was established in 1979.

MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN is 172

MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN is $63,577.00

MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN is $4,063.00.

MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN is approximately $1,988.00
Investing in this additonal $1,988.00 for 20 years would give you extra $127,263.00, assuming a 10% annual return.

MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN allocates $342,021.00 to match its employees' contributions, providing an employer match rate of 53.61% of their contributions

MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN is 16.89%.

MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN is 15.15%. This measures the effectiveness of the plan participants' investments in the year.

MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN is 0.34%.

Enrollment Features

MCCLELLAND CONSULTING ENGINEERS, INC. PROFIT SHARING PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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