Plan Ledger DOL Form 5500 · updated monthly

Mid-States Distributing, LLC401(k)

MID-STATES DISTRIBUTING, LLC 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Mid-States Distributing, LLC reported $80,013 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,211 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 0.53% to 0.57%. 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 2,384th-largest of 5,688 plans among Texas employers on file, and 2,332nd of 4,246 in wholesale trade. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves; active participation has grown from 152 to 176 since 2022.

Plan summary
Net assets, end of year$15,413,772
Participants with balances224
Active participants176
Employer contributions$1,269,216
Employee contributions$1,116,441
Employer contribution per active participant$7,211
Average account balance$68,811
Benefits paid to participants$1,377,578
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 224 accts · $1.3M emplr
2023$12.5M · 196 accts · $1.2M emplr
2022$11.0M · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,013
Total administrative$80,013
The Mid-States Distributing, LLC 401(k) match · 2024
Employer contribution per active participant$7,211
Median for plans this size$2,416
2024$7,211 per active participant
2023$7,425 per active participant
2022$6,733 per active participant

Mid-States Distributing, LLC'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$74,641
ASCENSUS · Contract administrator · Other services$5,373
UBS FINANCIAL SERVICES · Investment advisory (plan)indirect comp
WILSHIRE ASSOCIATES INCORPORATED · 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$80,013 · 0.57%
2023$69,951 · 0.59%
2022$59,502 · 0.53%
Same employer
Similar plansWholesale Trade · Texas
Aviva Metals, Inc. TX$15.6M · 0.07%
Hugh M. Cunningham, Inc. TX$15.5M · 0.30%
Wrist North America Inc. TX$15.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464553010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.