Plan Ledger DOL Form 5500 · updated monthly

Atlas Distributing, Inc.401(k)

ATLAS DISTRIBUTING 401(K) PLAN · AUBURN, MA · plan year 2024

Employer contribution per participant · 2024
$3,021

Atlas Distributing, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $20,247,343 across 126 participant accounts, with employer contributions averaging $3,021 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.005% to 0.011%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,296th-largest of 2,726 plans among Massachusetts employers on file, and the 1,877th of 4,246 in wholesale trade. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 74 to 100 since 2022.

Plan summary
Net assets, end of year$20,247,343
Participants with balances126
Active participants100
Employer contributions$302,061
Employee contributions$604,996
Employer contribution per active participant$3,021
Average account balance$160,693
Benefits paid to participants$497,161
Plan auditUnmodified (clean) audit opinion
AuditorGREENBERG,ROSENBLATT,KULL & BITSOLI
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 126 accts · $302K emplr
2023$16.9M · 111 accts · $305K emplr
2022$14.0M · 112 accts · $281K emplr
The Atlas Distributing, Inc. 401(k) match · 2024
Employer contribution per active participant$3,021
Median for plans this size$2,416
2024$3,021 per active participant
2023$4,126 per active participant
2022$3,799 per active participant

Atlas Distributing, Inc.'s 2024 employer contribution ran above the $2,416 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.

Service providers · 20242
KESTRA INVESTMENT SERVICES LLCindirect comp
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024Not separately reported
2023$1,688 · 0.01%
2022$788 · 0.01%
Similar plansWholesale Trade · Massachusetts
Dennis K. Burke, Inc. MA$21.5M · 0.40%
D.B. Roberts, Inc. MA$20.7M · 0.20%
Pure Encapsulations, Inc. MA$19.8M · 0.38%
Nouria Energy Corporation MA$19.3M · 0.45%
Ruby Wines, Inc. MA$19.1M · 0.35%
State Garden, Inc. MA$18.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043247811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.