Retirement plan

MACON PROGRAM FOR PROGRESS, INC. 401(K) RETIREMENT PLAN

Name: MACON PROGRAM FOR PROGRESS, INC. - MACON PROGRAM FOR PROGRESS, INC. 401(K) RETIREMENT PLAN (2025) Form 5500
Creator: MACON PROGRAM FOR PROGRESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MACON PROGRAM FOR PROGRESS, INC. 401(K) RETIREMENT PLAN, MACON PROGRAM FOR PROGRESS, INC.

MACON PROGRAM FOR PROGRESS, INC.EIN 56-6065297Plan #002PY 2025

PO BOX 700 - FRANKLIN, NC 28734828-524-4471mppnhc.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2.9M

-4.7% from 2024

Total participants

169

-19.9% from 2024

Average account balance

$18,855

+29.6% from 2024

Annual return

10.29%

-1.67 pp from 2024

Benchmarks

See 740 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort740 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.88M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$19K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

153

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

84.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$224K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.29%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$208

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
LPL FINANCIAL4 years Filed as: LPL FINANCIAL CORPORATION Service code 99 · EIN 04-3046611	Other Fees	$8,401
THE RETIREMENT ADVANTAGE INC4 years Filed as: THE RETIREMENT ADVANTAGE, INC Service code 49 600 S NICOLET ROAD · APPLETON, WI 54914	Other Services	$1,543
MORNINGSTAR4 years Service code 27	Advisory (Plan)	$440
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708	Advisory (Participants)	$150
CETERA ADVISOR NETWORKS LLC1 year Filed as: CETERA INVESTMENT ADVISERS LLC Service code 99 · EIN 36-3258176	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$32K

$303 / participant

Contract admin$32K100.0%

% of EOY assets

1.103%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BERNARD ROBINSON & COMPANY, LLP
Auditor EIN: 560571159
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,855

$46,688-59.6%

$189,758-90.1%

$69,733-73.0%

Participation rate

84.8%

61.7%+23.1pp

79.8%+5.0pp

62.5%+22.3pp

Annual return

10.29%

14.35%-4.1pp

52.62%-42.3pp

15.22%-4.9pp

Employer contribution / active EE

$1,077

$1,695-36.4%

$4,767-77.4%

$2,250-52.1%

Participant deferral / active EE

$1,054

$2,143-50.8%

$5,856-82.0%

$3,054-65.5%

Admin fee / account holder

$208

$1,700-87.8%

$20,388-99.0%

$3,102-93.3%

Provider

Service type

Compensation

LPL FINANCIAL4 years

Filed as: LPL FINANCIAL CORPORATION

Service code 99 · EIN 04-3046611

Other Fees

$8,401

THE RETIREMENT ADVANTAGE INC4 years

Filed as: THE RETIREMENT ADVANTAGE, INC

Service code 49

600 S NICOLET ROAD · APPLETON, WI 54914

Other Services

$1,543

MORNINGSTAR4 years

Service code 27

Advisory (Plan)

$440

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 26 · EIN 71-0294708

Advisory (Participants)

$150

CETERA ADVISOR NETWORKS LLC1 year

Filed as: CETERA INVESTMENT ADVISERS LLC

Service code 99 · EIN 36-3258176

Other Fees

MACON PROGRAM FOR PROGRESS, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MACON PROGRAM FOR PROGRESS, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion