Plan Ledger DOL Form 5500 · updated monthly

Coburn Supply Company, Inc.401(k)

EMPLOYEES 401(K) PLAN OF COBURN SUPPLY COMPANY, INC. · BEAUMONT, TX · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Coburn Supply Company, Inc. reported $174,712 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $1,304 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 0.221%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 724th-largest of 5,688 plans among Texas employers on file, and the 497th of 4,246 in wholesale trade. In 2024, employees put in $2.87 for every $1.00 the employer contributed; active participation has grown from 905 to 1,206 since 2022.

Plan summary
Net assets, end of year$84,917,177
Participants with balances1,078
Active participants1,206
Employer contributions$1,572,993
Employee contributions$4,510,425
Employer contribution per active participant$1,304
Average account balance$78,773
Benefits paid to participants$5,298,156
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$84.9M · 1,078 accts · $1.6M emplr
2023$73.0M · 1,053 accts · $1.6M emplr
2022$62.5M · 960 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,735
Investment management$49,977
Audit (IQPA)$21,000
Total administrative$174,712
The Coburn Supply Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,304
Median for plans this size$3,635
2024$1,304 per active participant
2023$1,597 per active participant
2022$1,690 per active participant

Coburn Supply Company, Inc.'s 2024 employer contribution ran below the $3,635 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$103,735
STOKES FAMILY OFFICE LLC · Investment advisory (plan)$49,977
CROWE LLP · Accounting / audit$21,000

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$174,712 · 0.22%
2023$174,182 · 0.26%
2022$151,568 · 0.22%
All plans at this employer2
EMPLOYEES 401(K) PLAN OF COBURN SUPPLY COMPANY, INC.401(k)
THE EMPLOYEES RETIREMENT PLAN OF COBURN SUPPLY COMPANY, INC.Profit-sharing plan
Same employer
Similar plansWholesale Trade · Texas
His Company, Inc. TX$99.8M · 0.03%
Labatt Food Service TX$83.3M · 0.11%
D. Reynolds Company, L.P TX$82.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760700401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.