Plan Ledger DOL Form 5500 · updated monthly

Contractor's Supplies, Inc.Profit-sharing plan

CONTRACTOR'S SUPPLIES INC PSP · LUFKIN, TX · plan year 2024

Employer contribution per participant · 2024
$4,451

Contractor's Supplies, 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 $7,578,331 across 127 participant accounts, with employer contributions averaging $4,451 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,474th of 5,688), and 9,871st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$7,578,331
Participants with balances127
Active participants82
Employer contributions$365,000
Employee contributions—
Employer contribution per active participant$4,451
Average account balance$59,672
Benefits paid to participants$242,892
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 127 accts · $365K emplr
2023$6.8M · 131 accts · $365K emplr
2022$6.2M · 131 accts · $320K emplr
Employer contributions to the Contractor's Supplies, Inc. plan · 2024
Employer contribution per active participant$4,451
Median for plans this size$1,313
2024$4,451 per active participant
2023$4,101 per active participant
2022$3,810 per active participant

Contractor's Supplies, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Same employer
Similar plansManufacturing · Texas
C.C. Creations, LTD. TX$7.7M · 0.80%
Ambiq Micro, Inc TX$7.7M · 0.08%
Hdl Research Lab Inc TX$7.6M · 0.78%
Multicam Inc. TX$7.5M · 0.02%
Morrow Energy, LLC TX$7.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750739095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.