Plan Ledger DOL Form 5500 · updated monthly

Meier Supply Co., Inc.ESOP

MEIER SUPPLY COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CONKLIN, NY · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Meier Supply Co., Inc. reported $1,663 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $17,173 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 1 year on file its reported administrative ratio rose from 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,715th-largest of 5,648 plans among New York employers on file, and the 1,115th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$36,787,585
Participants with balances230
Active participants194
Employer contributions$3,331,495
Employee contributions—
Employer contribution per active participant$17,173
Average account balance$159,946
Benefits paid to participants$946,394
Plan auditDisclaimer of opinion
AuditorDAVIDSON, FOX & COMPANY, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$36.8M · 230 accts · $3.3M emplr
2022$27.7M · 205 accts · $3.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,663
Total administrative$1,663
Employer contributions to the Meier Supply Co., Inc. plan · 2023
Employer contribution per active participant$17,173
Median for plans this size$2,440
2023$17,173 per active participant
2022$17,089 per active participant

Meier Supply Co., Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$1,663 · 0.01%
2022$1,053 · 0.00%
All plans at this employer2
MEIER SUPPLY CO., INC. 401(K) PROFIT SHARING PLAN401(k)
MEIER SUPPLY COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansWholesale Trade · New York
Sabra Dipping Company, LLC NY$37.2M · 0.38%
Mamiye Brothers, Inc. NY$36.8M · 0.14%
Enzo Biochem, Inc. NY$35.3M · 0.10%
Stark Carpet Corp. NY$34.5M · 0.09%
West Side Foods, Inc. NY$34.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150616623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.