Plan Ledger DOL Form 5500 · updated monthly

Medart, Inc.401(k)

MEDART, INC. EMPLOYEES PROFIT SHARING PLAN & TRUST · ARNOLD, MO · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Medart, Inc. reported $148,597 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $7,855 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 3 years on file its reported administrative ratio has held roughly steady near 0.41%. 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 391st-largest of 1,393 plans among Missouri employers on file, and the 1,105th of 4,246 in wholesale trade. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$37,119,536
Participants with balances190
Active participants164
Employer contributions$1,288,201
Employee contributions$964,792
Employer contribution per active participant$7,855
Average account balance$195,366
Benefits paid to participants$3,833,298
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$37.1M · 190 accts · $1.3M emplr
2023$34.7M · 202 accts · $1.3M emplr
2022$27.8M · 237 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,159
Investment management$119,438
Total administrative$148,597
The Medart, Inc. 401(k) match · 2024
Employer contribution per active participant$7,855
Median for plans this size$2,416
2024$7,855 per active participant
2023$7,769 per active participant
2022$7,089 per active participant

Medart, Inc.'s 2024 employer contribution ran above the $2,416 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
BENJAMIN F EDWARDS & CO INC · Investment advisory (plan)$119,438
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$29,159

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$148,597 · 0.41%
2023$131,756 · 0.42%
2022$114,884 · 0.43%
Same employer
Similar plansWholesale Trade · Missouri
Federal International, Inc. MO$40.5M · 0.11%
Indoff, Incorporated MO$39.4M · 0.02%
Sumnerone, Inc. MO$35.8M · 0.14%
Datamax, Inc. MO$33.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430403440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.