Plan Ledger DOL Form 5500 · updated monthly

Industrial Metal Supply Company401(k)

INDUSTRIAL METAL SUPPLY COMPANY 401(K) PLAN · SUN VALLEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Industrial Metal Supply Company reported $45,565 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,505 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 rose from 0.06% to 0.13%. 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 2,241st-largest of 9,483 plans among California employers on file, and the 1,093rd of 4,246 in wholesale trade. In 2024, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,749,636
Participants with balances511
Active participants449
Employer contributions$675,822
Employee contributions$1,733,958
Employer contribution per active participant$1,505
Average account balance$73,874
Benefits paid to participants$2,067,399
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.7M · 511 accts · $676K emplr
2023$32.2M · 539 accts · $698K emplr
2022$27.0M · 471 accts · $726K emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$41,375
Total administrative$45,565
The Industrial Metal Supply Company 401(k) match · 2024
Employer contribution per active participant$1,505
Median for plans this size$2,416
2024$1,505 per active participant
2023$1,642 per active participant
2022$1,742 per active participant

Industrial Metal Supply Company's 2024 employer contribution ran below the $2,416 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
SINGERLEWAK LLP · Accounting / audit$41,375
BENEFIT FINANCIAL SERVICES GROUP ( · Consulting$9,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$45,565 · 0.13%
2023$53,073 · 0.18%
2022$17,731 · 0.06%
Same employer
Similar plansWholesale Trade · California
Young's Holdings, Inc. CA$39.0M · 0.15%
Professional Plastics, Inc. CA$38.9M · 0.19%
Motive Companies, LLC CA$38.3M · 0.45%
Edges Electrical Group LLC CA$37.1M · 0.00%
Hybrid Promotions, LLC CA$35.9M · 0.62%
Vytalogy Wellness LLC CA$35.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952228763 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.