Plan Ledger DOL Form 5500 · updated monthly

McMaster-Carr Supply CompanyProfit-sharing plan

MCMASTER-CARR SUPPLY COMPANY PROFIT SHARING TRUST · ELMHURST, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

McMaster-Carr Supply Company reported $1,523,371 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $40,646 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 0.048% to 0.053%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other wholesale trade employers. By assets it is the 31st-largest of 3,702 plans among Illinois employers on file, and the 11th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$3,008,350,491
Participants with balances5,468
Active participants4,333
Employer contributions$176,119,009
Employee contributions—
Employer contribution per active participant$40,646
Average account balance$550,174
Benefits paid to participants$248,676,670
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.0B · 5,468 accts · $176.1M emplr
2023$2.7B · 5,466 accts · $171.6M emplr
2022$2.3B · 5,328 accts · $160.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,381,312
Investment management$142,059
Total administrative$1,523,371
Employer contributions to the McMaster-Carr Supply Company plan · 2024
Employer contribution per active participant$40,646
Median for plans this size$5,259
2024$40,646 per active participant
2023$39,316 per active participant
2022$36,795 per active participant

McMaster-Carr Supply Company's 2024 employer contribution ran above the $5,259 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MCMASTER-CARR SUPPLY COMPANY PS TRU$1,381,312
NORTHERN TRUST · Trustee$142,059

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$1,523,371 · 0.05%
2023$1,269,976 · 0.05%
2022$1,244,793 · 0.05%
Same employer
Similar plansWholesale Trade · Illinois
Robert Bosch LLC IL$4.6B · 0.06%
W. W. Grainger, Inc. IL$3.8B · 0.03%
US Foods, Inc. IL$2.5B · 0.06%
Medline Industries,Lp IL$1.6B · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361458720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.