Plan Ledger DOL Form 5500 · updated monthly

Main Electric Supply Company LLC401(k)

MAIN ELECTRIC SUPPLY CO. SAVINGS AND INVESTMENT PLAN · SANTA ANA, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Main Electric Supply Company LLC reported $88,344 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,629 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 0.33% to 0.22%. 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 1,947th-largest of 9,483 plans among California employers on file, and the 932nd of 4,246 in wholesale trade. In 2024, employees put in $3.91 for every $1.00 the employer contributed; active participation has grown from 491 to 741 since 2022.

Plan summary
Net assets, end of year$44,436,564
Participants with balances781
Active participants741
Employer contributions$1,207,346
Employee contributions$4,719,954
Employer contribution per active participant$1,629
Average account balance$56,897
Benefits paid to participants$3,560,026
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.4M · 781 accts · $1.2M emplr
2023$34.2M · 678 accts · $1.1M emplr
2022$24.8M · 582 accts · $814K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,344
Investment management$25,000
Total administrative$88,344
The Main Electric Supply Company LLC 401(k) match · 2024
Employer contribution per active participant$1,629
Median for plans this size$2,416
2024$1,629 per active participant
2023$1,842 per active participant
2022$1,657 per active participant

Main Electric Supply Company LLC'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$63,344
ACCELERATE INVESTMENT ADVISORS LLC · Investment advisory (plan)$25,000

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$88,344 · 0.22%
2023$71,945 · 0.24%
2022$84,963 · 0.33%
Same employer
Similar plansWholesale Trade · California
Asi CA$45.6M · 0.28%
Tireco, Inc. CA$45.5M · 0.06%
Dcor, LLC CA$44.6M · 0.28%
Calavo Growers, Inc. CA$44.3M · 0.17%
Mygrant Glass Company, Inc. CA$43.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274449278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.