Plan Ledger DOL Form 5500 · updated monthly

Material Supply, Inc. dba Ac Pro401(k)

AC PRO 401(K) RETIREMENT PLAN · FONTANA, CA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Material Supply, Inc. dba Ac Pro reported $125,496 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,832 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 0.54% to 0.60%. 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 3,262nd-largest of 9,483 plans among California employers on file, and the 1,669th of 4,246 in wholesale trade. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 375 to 519 since 2022.

Plan summary
Net assets, end of year$23,331,092
Participants with balances593
Active participants519
Employer contributions$1,470,056
Employee contributions$2,551,312
Employer contribution per active participant$2,832
Average account balance$39,344
Benefits paid to participants$1,033,892
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 593 accts · $1.5M emplr
2023$18.2M · 524 accts · $1.3M emplr
2022$15.2M · 427 accts · $991K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,215
Investment management$77,281
Total administrative$125,496
The Material Supply, Inc. dba Ac Pro 401(k) match · 2024
Employer contribution per active participant$2,832
Median for plans this size$2,416
2024$2,832 per active participant
2023$2,713 per active participant
2022$2,643 per active participant

Material Supply, Inc. dba Ac Pro's 2024 employer contribution ran above 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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$39,032
EMPOWER ADVISORY GROUP, LLC · Investment management$38,249

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$125,496 · 0.60%
2023$106,840 · 0.64%
2022$82,934 · 0.54%
Same employer
Similar plansWholesale Trade · California
Funai Corporation CA$23.8M · 0.71%
Enstall US, Inc. CA$23.7M · 0.56%
Seescan, Inc. CA$23.3M · 0.37%
Dynasty Footwear Limited CA$22.9M · 0.01%
Royal Plywood Company, LLC CA$22.9M · 0.02%
Ktm North America, Inc. CA$22.9M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330206092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.