Plan Ledger DOL Form 5500 · updated monthly

American Builders & Contractors Supply Co Inc401(k)

ABC SUPPLY COMPANY EMPLOYEES' SAVINGS & RETIREMENT PLAN · BELOIT, WI · plan year 2024

Reported admin expense ratio · 2024
0.10%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

American Builders & Contractors Supply Co Inc reported $1,180,395 in plan administrative expenses for 2024: 0.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,552 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.09% to 0.10%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other wholesale trade employers. By assets it is the 28th-largest of 1,936 plans among Wisconsin employers on file, and the 44th of 4,246 in wholesale trade. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 15,701 to 19,397 since 2022.

Plan summary
Net assets, end of year$1,253,461,435
Participants with balances14,062
Active participants19,397
Employer contributions$49,493,047
Employee contributions$88,118,924
Employer contribution per active participant$2,552
Average account balance$89,138
Benefits paid to participants$100,438,303
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 14,062 accts · $49.5M emplr
2023$1.0B · 14,266 accts · $43.0M emplr
2022$837.7M · 12,334 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$742,977
Investment management$422,437
Total administrative$1,180,395
The American Builders & Contractors Supply Co Inc 401(k) match · 2024
Employer contribution per active participant$2,552
Median for plans this size$5,259
2024$2,552 per active participant
2023$2,219 per active participant

American Builders & Contractors Supply Co Inc's 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$742,977
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$422,437
WIPFLI LLP · Consulting$14,572

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$1,180,395 · 0.10%
2023$1,077,331 · 0.11%
2022$876,942 · 0.09%
Same employer
Similar plansWholesale Trade · Wisconsin
Arrow Electronics, Inc. CO$1.5B · 0.08%
Veritiv Operating Company GA$1.3B · 0.04%
Mattel, Inc. CA$1.3B · 0.05%
Veritiv Corporation GA$1.2B · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391413708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.