Plan Ledger DOL Form 5500 · updated monthly

Mayer Electric Supply Co. Inc.401(k)

MAYER ELECTRIC SUPPLY CO INC ASSOC CAPITAL ACCUMUL · DALLAS, TX · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Mayer Electric Supply Co. Inc. reported $17,010 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,747 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other wholesale trade employers. By assets it is the 465th-largest of 5,688 plans among Texas employers on file, and the 299th of 4,246 in wholesale trade. In 2022, the employer put in $1.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$156,191,294
Participants with balances1,564
Active participants1,205
Employer contributions$10,539,564
Employee contributions$9,644,827
Employer contribution per active participant$8,747
Average account balance$99,867
Benefits paid to participants$19,257,564
Plan auditUnmodified (clean) audit opinion
The Mayer Electric Supply Co. Inc. 401(k) match · 2022
Employer contribution per active participant$8,747
Median for plans this size$3,449

Mayer Electric Supply Co. Inc.'s 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$17,010 · 0.01%
Similar plansWholesale Trade · Texas
Morsco Supply, LLC TX$181.6M · 0.06%
Vitol Inc. TX$165.4M · 0.09%
Kubota Tractor Corp. TX$164.4M · 0.01%
Interstate Batteries, Inc. TX$141.4M · 0.23%
Copart, Inc. TX$131.4M · 0.50%
Fossil Group Inc. TX$120.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630274133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.