Mcnaughton Mckay Electric Company 401(k) Plan: Login, Facts & Contact Information

Mcnaughton Mckay Electric Company 401(k) Plan Facts

Plan name
MCNAUGHTON MCKAY ELECTRIC CO. 401(K) & PROFIT SHARING PLAN
Plan type
401(k) and profit sharing
Plan sponsor
MCNAUGHTON MCKAY ELECTRIC COMPANY
Participants
2,060 (1,604 active employees)
Former employees with a balance
212
Plan assets
$165,498,561 at Dec 31, 2024
Average account balance
$110,039 across 1,504 accounts
Employer contributions
$10,369,529 in plan year 2024 (56% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner And S
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Dec 31, 1959
— 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $18.5 million went into the plan in contributions, $10.4 million of it from the employer (56%).
  • $16.8 million was paid out to participants.
  • Investment and other income added $15.0 million.
  • Administrative expenses were $2,595, about $2 per account.

How the Mcnaughton Mckay Electric Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019907$118.6 million$6.70 million$9.30 million
20201,325$128.3 million$3.19 million$16.4 million
20211,404$144.6 million$6.79 million$13.5 million
20221,675$127.2 million$8.39 million$13.2 million
20231,912$148.8 million$9.91 million$15.4 million
20242,060$165.5 million$10.4 million$16.8 million

Mcnaughton Mckay Electric Company 401(k) Contact Information

Phone
248-399-7500
Mailing address
1357 E. LINCOLN AVENUE, MADISON HEIGHTS MI 48071
Plan sponsor
MCNAUGHTON MCKAY ELECTRIC COMPANY
Employer identification number (EIN)
38-0812640
Plan number
002

Questions about the Mcnaughton Mckay Electric Company 401(k)

Does Mcnaughton Mckay Electric Company contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $10.4 million in employer contributions for plan year 2024.

Does the Mcnaughton Mckay Electric Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Mcnaughton Mckay Electric Company 401(k) plan?

2,060 participants at the start of plan year 2024, 1,604 of them active employees, and 212 former employees who still had money in the plan.

What is the average 401(k) balance at Mcnaughton Mckay Electric Company?

About $110,039 per account: $165.5 million in plan assets across 1,504 accounts with a balance at the end of plan year 2024.

Who manages the Mcnaughton Mckay Electric Company 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER AND S) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Mcnaughton Mckay Electric Company. How do I access my 401(k)?

Your account stays with Merrill Benefits OnLine after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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