Plan Ledger DOL Form 5500 · updated monthly

Direct Supply, Inc.401(k)

DIRECT SUPPLY, INC. 401(K) RETIREMENT SAVINGS PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Direct Supply, Inc. reported $230,642 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,104 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 0.09% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 89th-largest of 1,936 plans among Wisconsin employers on file, and the 139th of 4,246 in wholesale trade. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$346,094,683
Participants with balances1,760
Active participants1,231
Employer contributions$5,052,194
Employee contributions$12,757,391
Employer contribution per active participant$4,104
Average account balance$196,645
Benefits paid to participants$13,746,236
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$346.1M · 1,760 accts · $5.1M emplr
2023$302.9M · 1,746 accts · $5.0M emplr
2022$254.1M · 1,758 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$170,642
Investment management$60,000
Total administrative$230,642
The Direct Supply, Inc. 401(k) match · 2024
Employer contribution per active participant$4,104
Median for plans this size$4,294
2024$4,104 per active participant
2023$3,881 per active participant
2022$3,381 per active participant

Direct Supply, Inc.'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 · 20243
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$170,642
MORGAN STANLEY SMITH BARNEY · Investment advisory (plan) · Securities brokerage$60,000
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$230,642 · 0.07%
2023$299,096 · 0.11%
2022$250,646 · 0.09%
Same employer
Similar plansWholesale Trade · Wisconsin
Uline, Inc. WI$968.3M · 0.06%
U.S. Venture, Inc. WI$398.9M · 0.15%
Iewc Corp. WI$215.0M
Brp US Inc. WI$158.6M · 0.24%
Gordon Flesch Company, Inc. WI$153.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391519806 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.