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THE MCCLOUD GROUP 401(K) PLAN 401k Plan overview

Plan NameTHE MCCLOUD GROUP 401(K) PLAN
Plan identification number 001

THE MCCLOUD GROUP 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

THE MCCLOUD GROUP, LLC has sponsored the creation of one or more 401k plans.

Company Name:THE MCCLOUD GROUP, LLC
Employer identification number (EIN):030446781
NAIC Classification:236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE MCCLOUD GROUP 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ROBERT MCCLOUD2024-07-16
0012022-01-01ROBERT MCCLOUD2023-05-11
0012021-01-01ROBERT MCCLOUD2022-04-20
0012020-01-01ROBERT MCCLOUD2021-04-28
0012019-01-01ROBERT MCCLOUD2020-03-13

Plan Statistics for THE MCCLOUD GROUP 401(K) PLAN

401k plan membership statisitcs for THE MCCLOUD GROUP 401(K) PLAN

Measure Date Value
2025: THE MCCLOUD GROUP 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-1062
Total number of particpants at end of year2025-06-1069
Number of Participants With Account Balances2025-06-1041
2024: THE MCCLOUD GROUP 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-1653
Total number of particpants at end of year2024-07-1662
Number of Participants With Account Balances2024-07-1644
2022: THE MCCLOUD GROUP 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-04-2049
Total number of particpants at end of year2022-04-2050
Number of Participants With Account Balances2022-04-2025

Financial Data on THE MCCLOUD GROUP 401(K) PLAN

Measure Date Value
2025 : THE MCCLOUD GROUP 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-1045023
Net assets as of the end of the plan year2025-06-10873694
Total assets as of the beginning of the plan year2025-06-10517363
Participant contributions to plan in this plan year2025-06-10176070
Value of participant loans at end of plan year2025-06-1037832
Other contributions to plan in this plan year2025-06-10130853
Other income to plan in this plan year2025-06-1094431
Plan net income in this plan year2025-06-10356331
Net assets as of the end of the plan year2025-06-10873694
Net assets as of the beginning of the plan year2025-06-10517363
Fees paid to broker by Benefit Provider2025-06-103197
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-108421
2024 : THE MCCLOUD GROUP 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-1676017
Net assets as of the end of the plan year2024-07-16517363
Total assets as of the beginning of the plan year2024-07-16348421
Participant contributions to plan in this plan year2024-07-16151669
Value of participant loans at end of plan year2024-07-169329
Other contributions to plan in this plan year2024-07-1618643
Other income to plan in this plan year2024-07-1674647
Plan net income in this plan year2024-07-16168942
Net assets as of the end of the plan year2024-07-16517363
Net assets as of the beginning of the plan year2024-07-16348421
Fees paid to broker by Benefit Provider2024-07-161952
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-164619
2022 : THE MCCLOUD GROUP 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-04-208554
Net assets as of the end of the plan year2022-04-20274413
Total assets as of the beginning of the plan year2022-04-20148078
Participant contributions to plan in this plan year2022-04-20113259
Value of participant loans at end of plan year2022-04-20308
Other income to plan in this plan year2022-04-2021630
Plan net income in this plan year2022-04-20126335
Net assets as of the end of the plan year2022-04-20274413
Net assets as of the beginning of the plan year2022-04-20148078
Fees paid to broker by Benefit Provider2022-04-20495
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-20948

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