Mckinney Communications Corporation 401(k) Plan
ERISA Form 5500 plan record drawn from DOL EBSA โ verify with linked source filings below.
Sponsored by Mckinney Communications Corporation ยท Alabama ยท Information & Media
What the 2023 filing shows
Mckinney Communications Corporation 401(k) Plan holds $5M for 356 participants - about $13,593 per participant, up 8.9% over the 2023 plan year.
- $5M
- total plan assets (2023 EOY)
- 356
- covered participants
- $13,593
- avg assets per participant
- +8.9%
- assets growth YoY
What the Filing Says About Mckinney Communications Corporation 401(k) Plan
Mckinney Communications Corporation 401(k) Plan is a Profit Sharing retirement plan sponsored by Mckinney Communications Corporation, headquartered in Alabama. As of the 2023 Form 5500 filing, the plan reports $5M in total end-of-year assets and covers 356 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 813797664, and the plan has been effective since 2005-03-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $4M at the beginning of 2023 to $5M at year-end โ a gain of 8.9%. Net assets (after liabilities) closed the year at $5M, with reported net income of $397K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $4M |
| Total Assets (End of Year) | $5M |
| Net Assets (End of Year) | $5M |
| Net Income | $397K |
| Plan Type | Profit Sharing |
| Employer EIN | 813797664 |
| Plan Effective Date | 2005-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mckinney Communications Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 818 | $19M |
| 2023 | 2 | 786 | $21M |
| 2024 | 2 | 564 | $16M |
Nearby Profit Sharing Plans in Alabama
Peer Profit Sharing plans โ same state, same plan type โ ranked by total assets.
- University of Alabama Health Services Foundation P.C. 403(b) Retirement Annuity Plan $1.4B ยท 4,563
- Protective Life Corporation 401(k) Plan $594M ยท 3,703
- Adtran, Inc. 401(k) Retirement Plan $369M ยท 1,043
- Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan $280M ยท 3,738
- Drummond Company, Inc. Savings Plan for Salaried Employees $119M ยท 451
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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.
Source: DOL EFAST2 filing system (efast.dol.gov) โ original filing retrieval by EIN 813797664.
Reference: IRS Publication 560 โ Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B โ Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology โ how this data is sourced, computed, and verified.