Plan Ledger DOL Form 5500 · updated monthly

Associated Supply Company, Inc.401(k)

ASSOCIATED SUPPLY CO., INC 401(K) PROFIT SHARING PL · LUBBOCK, TX · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Associated Supply Company, Inc. reported $337,340 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,297 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 3 years on file its reported administrative ratio has held roughly steady near 0.53%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 870th-largest of 5,688 plans among Texas employers on file, and the 201st of 2,096 in real estate & leasing. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has grown from 469 to 525 since 2022.

Plan summary
Net assets, end of year$66,832,681
Participants with balances668
Active participants525
Employer contributions$3,305,917
Employee contributions$2,816,674
Employer contribution per active participant$6,297
Average account balance$100,049
Benefits paid to participants$5,022,553
Plan auditUnmodified (clean) audit opinion
AuditorBOLINGER, SEGARS, GILBERT & MOSS
Plan history3
Yearassets · accounts · employer contribution
2024$66.8M · 668 accts · $3.3M emplr
2023$59.6M · 573 accts · $4.1M emplr
2022$48.2M · 556 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,391
Investment management$30,796
Trustee / custodial$206,153
Total administrative$337,340
The Associated Supply Company, Inc. 401(k) match · 2024
Employer contribution per active participant$6,297
Median for plans this size$3,635
2024$6,297 per active participant
2023$8,535 per active participant
2022$6,165 per active participant

Associated Supply Company, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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 · 20242
BENEFIT PLANS ADMIN SERVICES · Trustee · Trustee (directed)$131,852
LUBBOCK NATIONAL BANK · Trustee · Investment advisory (participants)$206,153

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

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES
2023BENEFIT PLANS ADMIN SERVICES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$337,340 · 0.53%
2023$282,643 · 0.52%
2022$276,642 · 0.54%
Same employer
Similar plansReal Estate & Leasing · Texas
Stream Realty Partners TX$73.2M · 0.40%
Dwyer Franchising LLC TX$71.8M · 0.26%
Rpm Living, LLC TX$64.4M · 0.80%
Rockpoint Management, LLC TX$60.8M · 0.02%
Belmont Village, L.P. TX$59.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751386410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.