Plan Ledger DOL Form 5500 · updated monthly

Mid-City Supply Co., Inc.401(k)

MID-CITY SUPPLY CO., INC. 401(K) PLAN · ELKHART, IN · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Mid-City Supply Co., Inc. reported $107,469 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,654 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 fell from 0.76% to 0.68%. 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 646th-largest of 1,562 plans among Indiana employers on file, and 2,155th of 4,246 in wholesale trade. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 122 to 135 since 2022.

Plan summary
Net assets, end of year$17,037,752
Participants with balances154
Active participants135
Employer contributions$493,280
Employee contributions$778,848
Employer contribution per active participant$3,654
Average account balance$110,635
Benefits paid to participants$807,630
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 154 accts · $493K emplr
2023$14.7M · 156 accts · $461K emplr
2022$12.4M · 149 accts · $402K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,970
Audit (IQPA)$6,499
Total administrative$107,469
The Mid-City Supply Co., Inc. 401(k) match · 2024
Employer contribution per active participant$3,654
Median for plans this size$2,416
2024$3,654 per active participant
2023$3,517 per active participant
2022$3,293 per active participant

Mid-City Supply Co., Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$100,970
KRUGGEL LAWTON CPA · Accounting / audit$6,500
LPL FINANCIAL LLC · Investment advisory (plan)indirect comp
THE BENEFITS CONSULTING GROUP INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$107,469 · 0.68%
2023$110,577 · 0.82%
2022$102,125 · 0.76%
Same employer
Similar plansWholesale Trade · Indiana
Valbruna Stainless, Inc. IN$18.7M · 0.11%
Winkler, Inc. IN$18.0M · 0.06%
Trends International, LLC IN$16.7M · 0.46%
National Oil and Gas, Inc. IN$15.5M · 0.29%
Accutemp Products, Inc. IN$15.5M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351470766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.