Mcg U.s. Holdings, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2015. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Mcg U.s. Holdings, Inc. 401(k) Plan Facts (plan year 2015)

Plan name
MCG U.S. HOLDINGS, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MCG U.S. HOLDINGS, INC.
Participants
805 (451 active employees)
Former employees with a balance
295
Plan assets
$94,268,518 at Dec 31, 2015
Average account balance
$122,109 across 772 accounts
Employer contributions
$4,696,748 in plan year 2015 (43% of all contributions)
Plan year
Jan 1, 2015 – Dec 31, 2015
Plan established
Feb 1, 2001
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2015 (Jan 1, 2015 – Dec 31, 2015), filed Oct 13, 2016. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2015

  • $11.0 million went into the plan in contributions, $4.70 million of it from the employer (43%).
  • $11.2 million was paid out to participants.
  • Administrative expenses were $127,970, about $166 per account.

How the Mcg U.s. Holdings, Inc. 401(k) changed, 2010–2015

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2010388$13.9 million$504,836$3.17 million
2011328$8.53 million$305,255$1.62 million
2012874$76.6 million$8.17 million$3.86 million
2013866$89.3 million$4.20 million$8.40 million
2014791$95.4 million$4.76 million$8.69 million
2015805$94.3 million$4.70 million$11.2 million

Mcg U.s. Holdings, Inc. 401(k) Contact Information

Phone
404-260-0600
Mailing address
1355 PEACHTREE STREET NE, SUITE 700, ATLANTA GA 30309
Plan sponsor
MCG U.S. HOLDINGS, INC.
Employer identification number (EIN)
65-0015315
Plan number
004

Questions about the Mcg U.s. Holdings, Inc. 401(k)

Is the Mcg U.s. Holdings, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2015, and no later filing was found under this employer's EIN.

Does Mcg U.s. Holdings, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2015 the employer contributed $4.70 million, 43% of all contributions.

Does the Mcg U.s. Holdings, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Mcg U.s. Holdings, Inc 401(k) plan?

805 participants at the start of plan year 2015, 451 of them active employees, and 295 former employees who still had money in the plan.

What is the average 401(k) balance at Mcg U.s. Holdings, Inc?

About $122,109 per account: $94.3 million in plan assets across 772 accounts with a balance at the end of plan year 2015.

Who manages the Mcg U.s. Holdings, Inc 401(k) accounts?

John Hancock is the plan's recordkeeper, which is where participants log in to see their balance.

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