Plan Ledger DOL Form 5500 · updated monthly

Guaranteed Supply Company401(k)

GUARANTEED SUPPLY COMPANY EMPLOYEES SAVINGS PLUS AND PROFIT SHARING PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Guaranteed Supply Company reported $786 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,213 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 0.02% to 0.00%. 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 628th-largest of 2,005 plans among North Carolina employers on file, and the 1,535th of 4,246 in wholesale trade. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves; active participation has grown from 175 to 198 since 2022.

Plan summary
Net assets, end of year$25,718,873
Participants with balances221
Active participants198
Employer contributions$1,032,157
Employee contributions$957,887
Employer contribution per active participant$5,213
Average account balance$116,375
Benefits paid to participants$1,216,449
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 221 accts · $1.0M emplr
2023$22.2M · 240 accts · $1.0M emplr
2022$18.5M · 223 accts · $847K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$786
Total administrative$786
The Guaranteed Supply Company 401(k) match · 2024
Employer contribution per active participant$5,213
Median for plans this size$2,416
2024$5,213 per active participant
2023$5,353 per active participant
2022$4,839 per active participant

Guaranteed Supply Company's 2024 employer contribution ran above the $2,416 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.

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 · 20241
NEWPORT GROUP, INC.$6,225

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$786 · 0.00%
2023$2,885 · 0.01%
2022$3,543 · 0.02%
Same employer
Similar plansWholesale Trade · North Carolina
Sie Holdings, Inc. NC$28.2M · 0.54%
Coastal Agrobusiness, Inc. NC$28.1M · 0.22%
Ascendum Machinery, Inc. NC$26.8M · 0.41%
Carotek, Inc. NC$25.1M · 0.30%
M.G. Newell Corporation NC$24.6M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 560844278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.