Plan Ledger DOL Form 5500 · updated monthly

Cleaner's Supply Inc.401(k)

CLEANER'S SUPPLY AND MITY FORMS RETIREMENT PLAN · CONKLIN, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Cleaner's Supply Inc. reported $19,405 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,370 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 0.24% to 0.13%. 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 2,808th-largest of 5,648 plans among New York employers on file, and 2,223rd of 4,246 in wholesale trade. In 2024, employees put in $3.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,427,780
Participants with balances181
Active participants155
Employer contributions$212,386
Employee contributions$644,505
Employer contribution per active participant$1,370
Average account balance$90,761
Benefits paid to participants$867,550
Plan auditUnmodified (clean) audit opinion
AuditorDERMODY, BURKE & BROWN, CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 181 accts · $212K emplr
2023$14.5M · 189 accts · $186K emplr
2022$11.8M · 165 accts · $165K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,164
Trustee / custodial$16,241
Total administrative$19,405
The Cleaner's Supply Inc. 401(k) match · 2024
Employer contribution per active participant$1,370
Median for plans this size$2,416
2024$1,370 per active participant
2023$1,148 per active participant
2022$1,159 per active participant

Cleaner's Supply Inc.'s 2024 employer contribution ran below 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.

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
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Participant communicationindirect comp
NBT BANCORP NA · Accounting / audit$19,406
CHARLES SCHWAB TRUST 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
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$19,405 · 0.13%
2023$36,491 · 0.28%
2022$31,295 · 0.24%
Same employer
Similar plansWholesale Trade · New York
Robert James Sales, Inc. NY$16.6M · 0.21%
Casper Sleep Inc. NY$16.5M · 0.05%
Polymedco, Inc. NY$16.3M · 0.26%
Enchante Accessories, Inc. NY$16.2M · 0.11%
B & F Electric Motors, Inc. NY$15.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161345258 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.