Plan Ledger DOL Form 5500 · updated monthly

Austin Hardware & Supply, Inc.401(k)

AUSTIN HARDWARE & SUPPLY, INC. 401(K) PROFIT SHARING PLAN · LEES SUMMIT, MO · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Austin Hardware & Supply, Inc. reported $90,000 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $7,950 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 fell from 0.29% to 0.26%. 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 398th-largest of 1,393 plans among Missouri employers on file, and the 1,144th of 4,246 in wholesale trade. In 2024, the employer put in $1.94 for every $1.00 employees contributed themselves; active participation has grown from 128 to 156 since 2022.

Plan summary
Net assets, end of year$35,837,629
Participants with balances177
Active participants156
Employer contributions$1,240,165
Employee contributions$638,694
Employer contribution per active participant$7,950
Average account balance$202,472
Benefits paid to participants$2,909,107
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.8M · 177 accts · $1.2M emplr
2023$33.4M · 167 accts · $1.4M emplr
2022$28.2M · 198 accts · $819K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,079
Investment management$19,565
Total administrative$90,000
The Austin Hardware & Supply, Inc. 401(k) match · 2024
Employer contribution per active participant$7,950
Median for plans this size$2,416
2024$7,950 per active participant
2023$9,872 per active participant
2022$6,401 per active participant

Austin Hardware & Supply, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
ALERUS FINANCIAL, N.A. · Recordkeeping · Custodial (securities)$10,851
LION STREET ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)$56,213
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp
CHARLES SCHWAB BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$90,000 · 0.26%
2023$71,997 · 0.23%
2022$89,418 · 0.29%
Same employer
Similar plansWholesale Trade · Missouri
Indoff, Incorporated MO$39.4M · 0.02%
Medart, Inc. MO$37.1M · 0.41%
Sumnerone, Inc. MO$35.8M · 0.14%
Datamax, Inc. MO$33.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430887563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.