Plan Ledger DOL Form 5500 · updated monthly

Midwest Motor Supply CompanyProfit-sharing plan

MIDWEST MOTOR SUPPLY CO. PROFIT SHARING PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Midwest Motor Supply Company reported $48,506 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,861 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 fell from 0.17% to 0.15%. 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 867th-largest of 3,295 plans among Ohio employers on file, and the 1,159th of 4,246 in wholesale trade. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 532 to 853 since 2022.

Plan summary
Net assets, end of year$35,258,629
Participants with balances856
Active participants853
Employer contributions$1,587,847
Employee contributions$2,804,676
Employer contribution per active participant$1,861
Average account balance$41,190
Benefits paid to participants$1,074,093
Plan auditUnmodified (clean) audit opinion
AuditorARY ROEPCKE MULCHAEY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$35.3M · 856 accts · $1.6M emplr
2023$27.9M · 881 accts · $1.4M emplr
2022$12.2M · 574 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,059
Investment management$2,447
Total administrative$48,506
Employer contributions to the Midwest Motor Supply Company plan · 2024
Employer contribution per active participant$1,861
Median for plans this size$2,416
2024$1,861 per active participant
2023$1,502 per active participant
2022$1,928 per active participant

Midwest Motor Supply Company's 2024 employer contribution ran below 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 · 20241
T. ROWE PRICE RPS INC. · Participant communication · Investment management$46,059

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$48,506 · 0.15%
2023$34,763 · 0.17%
2022Not separately reported
All plans at this employer2
MIDWEST MOTOR SUPPLY CO. PROFIT SHARING PLANProfit-sharing plan
MIDWEST MOTOR SUPPLY 401(K) PLAN401(k)
Same employer
Similar plansWholesale Trade · Ohio
Lyden Oil Company OH$36.6M · 0.26%
Fasteners for Retail, Inc. OH$35.9M · 0.07%
Columbus Equipment Company OH$33.1M · 0.19%
Ohio Valley Flooring, Inc. OH$31.8M · 0.18%
Keim Lumber Company OH$31.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314408759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.