Plan Ledger DOL Form 5500 · updated monthly

Max Auto Supply CompanyESOP

MAX AUTO SUPPLY COMPANY EMPLOYEE STOCK OWNERSHIP PLAN · TOLEDO, OH · plan year 2024

Employer contribution per participant · 2024
$9,887

Max Auto Supply Company's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $131,662,090 across 449 participant accounts, with employer contributions averaging $9,887 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 306th-largest of 3,295 plans among Ohio employers on file, and the 1,180th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$131,662,090
Participants with balances449
Active participants394
Employer contributions$3,895,633
Employee contributions—
Employer contribution per active participant$9,887
Average account balance$293,234
Benefits paid to participants$1,547,426
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAM VAUGHN COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$131.7M · 449 accts · $3.9M emplr
2023$97.6M · 445 accts · $3.5M emplr
2022$73.1M · 447 accts · $4.0M emplr
Employer contributions to the Max Auto Supply Company plan · 2024
Employer contribution per active participant$9,887
Median for plans this size$3,635
2024$9,887 per active participant
2023$9,076 per active participant
2022$10,951 per active participant

Max Auto Supply Company's 2024 employer contribution ran above the $3,635 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansProfessional & Technical Services · Ohio
Roetzel & Andress, L.P.A. OH$138.9M · 0.09%
The Rovisys Company OH$136.3M · 0.10%
Burke, Inc. OH$129.0M
Tucker Ellis LLP OH$128.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344475590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.