Plan Ledger DOL Form 5500 · updated monthly

Core & Main401(k)

CORE & MAIN 401(K) RETIREMENT PLAN · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Core & Main reported $903,136 in plan administrative expenses for 2024: 0.20% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,408 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 0.20%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 62nd-largest of 1,393 plans among Missouri employers on file, and the 140th of 5,337 in construction. In 2024, employees put in $2.96 for every $1.00 the employer contributed; active participation has grown from 4,115 to 5,648 since 2022.

Plan summary
Net assets, end of year$500,373,726
Participants with balances6,061
Active participants5,648
Employer contributions$13,601,761
Employee contributions$40,234,211
Employer contribution per active participant$2,408
Average account balance$82,556
Benefits paid to participants$35,798,516
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$500.4M · 6,061 accts · $13.6M emplr
2023$405.6M · 5,210 accts · $12.0M emplr
2022$321.0M · 4,584 accts · $9.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$345,004
Investment management$532,632
Audit (IQPA)$25,500
Total administrative$903,136
The Core & Main 401(k) match · 2024
Employer contribution per active participant$2,408
Median for plans this size$4,294
2024$2,408 per active participant
2023$2,443 per active participant
2022$2,240 per active participant

Core & Main's 2024 employer contribution ran below the $4,294 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$448,378
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$345,790
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$84,254
RUBINBROWN LLP · Accounting / audit$25,500

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$903,136 · 0.20%
2023$797,943 · 0.22%
2022$703,657 · 0.21%
Same employer
Similar plansConstruction · Missouri
Garney Holding Company MO$1.7B · 0.00%
Ibew Local Union No. 124 MO$445.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030550887 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.